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14315 E Geronimo Road Scottsdale, AZ 85259

5 Beds 5 Baths 3,110 sqft Built 2002

$899,900

List Price

$3,850

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2002
  • Price/Sqft : $289.36
  • 2 Days on Market
  • MLS # : 6151716
  • Updated Date : 11/07/2020 at 15:06
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,110 sqft
  • Baths : 5 full
Listing Agent

Phoenician Properties Realty

Listing Agent's Description

Beautiful 5 bedroom 5 bathroom Home in North Scottsdale.Private courtyard, Hardwood floors, Soaring 12 foot ceiling, awesome floor plan. Stunning City and Mountain Views , close to Mayo clinic. Quiet, comfortable and ready for a new Home owner. 2 gas fireplaces, pool, with waterfall walking distance to the trailhead. Just stunning!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Hidden Hills

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Hidden Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400360038004000Rent in $10454183

* 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
Anasazi Elementary School Primary Regular 567 31 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Anasazi Elementary School

  • Education Level: Primary
  • # of students: 567
  • # of teachers: 31
9
GreatSchools Rating

Mountainside Middle School

  • Education Level: Middle
  • # of students: 766
  • # of teachers: 36
8
GreatSchools Rating

Desert Mountain High School

  • Education Level: High
  • # of students: 2,247
  • # of teachers: 94
8
GreatSchools Rating
 

$809,910$989,890$899,900

PURCHASE PRICE

$3,465$4,235$3,850

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,850
EXPENSES Loan Payment -$3,320
Property Tax -$629
Property Insurance -$88
HOA -$8
Property Management Fees -$99
CASH FLOW
-$294

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$899,900

PROJECTED PRICE

$3,850

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 0.3%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$244,224

INVESTMENT

$244,224

Down Payment
$224,975
Rehab Estimate
$5,750
Closing Costs
$13,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,320

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $224,975
Loan Amount $674,925
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$34,697

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
  • $3,597

    COMP ESTIMATED VALUE
  • $1.16

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,0203$3,8004$4,200
$4,200
RENT COMPS ANALYSIS
  • 14315 E Geronimo Road Scottsdale, AZ 1
    • 5 beds 5 baths ∙ 3,110 Sqft ∙ Built 2002 5 beds 5 baths ∙ 3,110 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11325 N 129th Way Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 3,275 Sqft ∙ Built 1988 5 beds 4 baths ∙ 3,275 Sqft ∙ Built 1988
    LEASED 09/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,020
    • $0.92
    •  
  • 13406 E Del Timbre Drive Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 3,261 Sqft ∙ Built 1996 5 beds 4 baths ∙ 3,261 Sqft ∙ Built 1996
    LEASED 09/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.17
    •  
  • 12840 E Wethersfield Road Scottsdale, AZ 4
    • 5 beds 4 baths ∙ 3,037 Sqft ∙ Built 1998 5 beds 4 baths ∙ 3,037 Sqft ∙ Built 1998
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.38
    •  
PROPERTY LISTING DETAILS
Joseph B Scarpignato
Phoenician Properties Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151716
Last Updated: 11/07/2020
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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