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18418 W Pioneer Street Goodyear, AZ 85338

4 Beds 3 Baths 2,372 sqft Built 2020

$439,900

List Price

$1,810

$1.6K - $2K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $185.46
  • 2 Days on Market
  • MLS # : 6184987
  • Updated Date : 01/23/2021 at 20:37
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,372 sqft
  • Baths : 2 full , 1 half
Listing Agent

Arizona Premier Realty Homes & Land, Llc

Listing Agent's Description

Beautiful curb appeal for this gorgeous 4 bed, 3 bath home with a 3 car garage, RV gates & parking. Plank tile floors throughout the main areas. Stylish gray & white color palette. Spacious open floor plan for the kitchen, dining and family room. The eat-in kitchen has a plethora of custom cabinets, quartz counters, gas cooktop, wall mount oven & microwave, island with breakfast bar seating. Powder room off main living area. Bedrooms have plush carpeting & ceiling fans. The master has a 3/4 bath with a double vanity, and walk-in closet. Formal dining room being used as bonus room. Nice laundry room, and central air. The large backyard has a covered patio and plenty of room for you to create your own oasis! This home is move-in ready and lived in only 5 months. Make this your new home today

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Las Brisas

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $94k302k

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

Neighborhood: Las Brisas

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000105011001150120012501300135014001450150015501600Rent in $9771646

* 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
Liberty Elementary School Primary Regular 571 33 5
Liberty Elementary School Middle Regular 571 33 5
Estrella Foothills High School High Regular 1,037 43 5

Liberty Elementary School

  • Education Level: Primary
  • # of students: 571
  • # of teachers: 33
5
GreatSchools Rating

Liberty Elementary School

  • Education Level: Middle
  • # of students: 571
  • # of teachers: 33
5
GreatSchools Rating

Estrella Foothills High School

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

$395,910$483,890$439,900

PURCHASE PRICE

$1,629$1,991$1,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,810
EXPENSES Loan Payment -$1,528
Property Tax -$255
Property Insurance -$73
HOA -$104
Property Management Fees -$99
CASH FLOW
-$249

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.

$439,900

PROJECTED PRICE

$1,810

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 3.00%
Vacancy 6.24%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$118,574

INVESTMENT

$118,574

Down Payment
$109,975
Rehab Estimate
$2,000
Closing Costs
$6,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,528

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $109,975
Loan Amount $329,925
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$8,511

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,951

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6503$1,7254$1,9005$1,900
$1,900
RENT COMPS ANALYSIS
  • 18418 W Pioneer Street Goodyear, AZ 1
    • 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4101 S 183rd Drive Goodyear, AZ 2
    • 4 beds 3 baths ∙ 2,122 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,122 Sqft ∙ Built 2017
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.78
    •  
  • 4101 S 186th Avenue Goodyear, AZ 3
    • 4 beds 3 baths ∙ 2,122 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,122 Sqft ∙ Built 2016
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.81
    •  
  • 1676 S 174th Lane Goodyear, AZ 4
    • 4 beds 2 baths ∙ 2,341 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,341 Sqft ∙ Built 2003
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.81
    •  
  • 18172 W Vista Norte Street Goodyear, AZ 5
    • 5 beds 3 baths ∙ 2,123 Sqft ∙ Built 2020 5 beds 3 baths ∙ 2,123 Sqft ∙ Built 2020
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.89
    •  
PROPERTY LISTING DETAILS
Geri Lindholm
Arizona Premier Realty Homes & Land, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184987
Last Updated: 01/23/2021
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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