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18552 W Acacia Drive Goodyear, AZ 85338

3 Beds 2 Baths 2,085 sqft Built 2016

$374,900

List Price

$1,840

$1.7K - $2K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $179.81
  • 4 Days on Market
  • MLS # : 6175721
  • Updated Date : 12/31/2020 at 01:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,085 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

A fantastic 3 bed, 2 bath property located in Resort Style Community of Estrella MTN Ranch- Featuring a lovely facade with stone accents, a meticulously landscaped front and back, as well as a 2 car garage, you simply have to come see it to believe it! The lavish interior boasts a large open FLEX floor plan with plantation shutters and designer paint throughout. The fabulous kitchen is comprised of staggered cabinetry with crown molding, tile backsplash, stainless steel appliances including a wall oven, and an island with a breakfast bar. Inside the stunning master bedroom you will find a private bath with double sinks, HUGE elaborate shower as well as a spacious walk-in closet for all your belongings. Finally, the stunning backyard includes a covered patio and seating area with a fire pit

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 Mountain Elementary School Primary Regular 577 29 7
Estrella Mountain Elementary School Middle Regular 577 29 7
Estrella Foothills High School High Regular 1,037 43 5

Estrella Mountain Elementary School

  • Education Level: Primary
  • # of students: 577
  • # of teachers: 29
7
GreatSchools Rating

Estrella Mountain Elementary School

  • Education Level: Middle
  • # of students: 577
  • # of teachers: 29
7
GreatSchools Rating

Estrella Foothills High School

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

$337,410$412,390$374,900

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$1,383
Property Tax -$332
Property Insurance -$68
HOA -$107
Property Management Fees -$99
CASH FLOW
-$149

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.

$374,900

PROJECTED PRICE

$1,840

PROJECTED RENT

0.49%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$105,099

INVESTMENT

$105,099

Down Payment
$93,725
Rehab Estimate
$5,750
Closing Costs
$5,624

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,383

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $93,725
Loan Amount $281,175
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$11,482

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,840

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,845

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,8403$1,8504$1,8955$2,000
$2,000
RENT COMPS ANALYSIS
  • 18552 W Acacia Drive Goodyear, AZ 2
    • 3 beds 2 baths ∙ 2,085 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,085 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,840
    • $0.88
    •  
  • 13483 S 186th Drive Goodyear, AZ 1
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.91
    •  
  • 10133 S 186th Avenue Goodyear, AZ 3
    • 3 beds 2 baths ∙ 2,183 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,183 Sqft ∙ Built 2002
    LEASED 11/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.85
    •  
  • 13266 S 182nd Avenue Goodyear, AZ 4
    • 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.89
    •  
  • 12032 S 184th Avenue Goodyear, AZ 5
    • 3 beds 3 baths ∙ 2,252 Sqft ∙ Built 2018 3 beds 3 baths ∙ 2,252 Sqft ∙ Built 2018
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.89
    •  
PROPERTY LISTING DETAILS
Martin C Sears
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6175721
Last Updated: 12/31/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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