Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

18631 W Pioneer Street Goodyear, AZ 85338

4 Beds 3 Baths 2,604 sqft Built 2014

$441,000

List Price

$1,910

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $169.35
  • 3 Days on Market
  • MLS # : 6206547
  • Updated Date : 03/19/2021 at 17:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,604 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

Gorgeous 4 bedroom, 2.5 bath home with a 4 car tandem garage, RV gate and paved driveway has all the amenities for great entertaining. Tile floors throughout all the main areas. Open floor plan. Eat-in kitchen with expresso cabinetry, granite counters, gas cooktop, double oven, built in microwave, large island with plenty of seating. Kitchen has large walk-in pantry. Powder room off the family room. Master bedroom has a large walk in closet. Master bath has an oversized shower & vanity has dual sinks. Large backyard with pool (2018) Pool has aqua connect home network. Pebblesheen finish. Gas line hook up in back, surround sound speakers @ back patio, garage & living rm. Garage & garage door insulated. Dog run. NO neighbors behind you, house is on a greenbelt. A true Gem.

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
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
 

$396,900$485,100$441,000

PURCHASE PRICE

$1,719$2,101$1,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$1,532
Property Tax -$255
Property Insurance -$78
HOA -$112
Property Management Fees -$99
CASH FLOW
-$166

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$441,000

PROJECTED PRICE

$1,910

PROJECTED RENT

0.43%

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) 8.00%
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$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

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$122,615

INVESTMENT

$122,615

Down Payment
$110,250
Rehab Estimate
$5,750
Closing Costs
$6,615

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,532

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $110,250
Loan Amount $330,750
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$13,227

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
  • $1,979

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6503$1,9004$1,9255$2,300
$2,300
RENT COMPS ANALYSIS
  • 18631 W Pioneer Street Goodyear, AZ 1
    • 4 beds 3 baths ∙ 2,604 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,604 Sqft ∙ Built 2014
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17463 W Yavapai Street Goodyear, AZ 2
    • 4 beds 2 baths ∙ 2,277 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,277 Sqft ∙ Built 2003
    property image
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.72
    •  
  • 1676 S 174th Lane Goodyear, AZ 3
    • 4 beds 2 baths ∙ 2,341 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,341 Sqft ∙ Built 2003
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.81
    •  
  • 17219 W Hilton Avenue Goodyear, AZ 4
    • 4 beds 3 baths ∙ 2,703 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,703 Sqft ∙ Built 2004
    property image
    LEASED 04/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $0.71
    •  
  • 17264 W Ashley Drive Goodyear, AZ 5
    • 5 beds 3 baths ∙ 2,876 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,876 Sqft ∙ Built 2004
    property image
    LEASED 02/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.80
    •  
PROPERTY LISTING DETAILS
Mary Landers
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6206547
Last Updated: 03/19/2021
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.

BESbswy