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18117 W Juniper Drive Goodyear, AZ 85338

4 Beds 3 Baths 2,809 sqft Built 2006

$484,000

List Price

$2,060

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $172.30
  • 2 Days on Market
  • MLS # : 6195294
  • Updated Date : 03/06/2021 at 19:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,809 sqft
  • Baths : 2 full , 1 half
Listing Agent

A.z. & Associates

Listing Agent's Description

Gorgeous home in a gated community of Estrella Mountain Ranch. Many upgrades that include 8ft doors, light fixtures, plantation shutters, snail shower in master bedroom, mosaic tile in entry way, Architectural steel security door plus many more. Backyard has covered patio with artificial turf. 4th Bedroom could also be a den. Stainless steel appliances. This home is a must see and move in ready! Great community amenities with pools, golf course, workout facilities, lakes and much more. CFD's paid in full.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Estrella Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Estrella Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Estrella Foothills High School High Regular 1,037 43 5

Estrella Foothills High School

  • Education Level: High
  • # of students: 1,037
  • # of teachers: 43
5
GreatSchools Rating
 

$435,600$532,400$484,000

PURCHASE PRICE

$1,854$2,266$2,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,060
EXPENSES Loan Payment -$1,681
Property Tax -$428
Property Insurance -$82
HOA -$54
Property Management Fees -$99
CASH FLOW
-$284

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$484,000

PROJECTED PRICE

$2,060

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$134,010

INVESTMENT

$134,010

Down Payment
$121,000
Rehab Estimate
$5,750
Closing Costs
$7,260

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,681

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $121,000
Loan Amount $363,000
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$6,903

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,060

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $2,177

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,900
1$1,9002$1,9253$2,0604$2,4005$2,400
$2,400
RENT COMPS ANALYSIS
  • 18117 W Juniper Drive Goodyear, AZ 3
    • 4 beds 3 baths ∙ 2,809 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,809 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $2,060
    • $0.73
    •  
  • 18330 W Verdin Road Goodyear, AZ 1
    • 4 beds 2 baths ∙ 2,635 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,635 Sqft ∙ Built 2006
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.72
    •  
  • 12428 S 179th Lane Goodyear, AZ 2
    • 4 beds 2 baths ∙ 2,828 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,828 Sqft ∙ Built 2006
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $0.68
    •  
  • 12706 S 176th Lane Goodyear, AZ 4
    • 3 beds 3 baths ∙ 2,821 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,821 Sqft ∙ Built 2004
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.85
    •  
  • 17953 W Willow Drive Goodyear, AZ 5
    • 4 beds 3 baths ∙ 2,809 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,809 Sqft ∙ Built 2005
    LEASED 09/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.85
    •  
PROPERTY LISTING DETAILS
Bobbi K Herman
A.z. & Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6195294
Last Updated: 03/06/2021
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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