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14471 N 54th Street Scottsdale, AZ 85254

4 Beds 3 Baths 3,202 sqft Built 1985

$650,000

List Price

$3,520

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $203.00
  • 2 Days on Market
  • MLS # : 6172147
  • Updated Date : 12/19/2020 at 18:44
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,202 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Single level, no HOA, over 3000SQ home on over-a-third-of-an-Acre lot. With classic original wood panel ceiling to high vault, this architectural and handsome estate will delight you with imaginations. ***Please be advise that most pictures are from 2009, the pictures does not represent current condition***

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ryan Estates

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $122k591k

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

Neighborhood: Ryan Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000Rent in $10453139

* 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 572 30 8
Liberty Elementary School Middle Regular 572 30 8
Horizon High School High Regular 2,262 86 8

Liberty Elementary School

  • Education Level: Primary
  • # of students: 572
  • # of teachers: 30
8
GreatSchools Rating

Liberty Elementary School

  • Education Level: Middle
  • # of students: 572
  • # of teachers: 30
8
GreatSchools Rating

Horizon High School

  • Education Level: High
  • # of students: 2,262
  • # of teachers: 86
8
GreatSchools Rating
 

$585,000$715,000$650,000

PURCHASE PRICE

$3,168$3,872$3,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,520
EXPENSES Loan Payment -$2,398
Property Tax -$543
Property Insurance -$90
Property Management Fees -$99
CASH FLOW
$390

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.

$650,000

PROJECTED PRICE

$3,520

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.0%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k$35k$40k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$178,000

INVESTMENT

$178,000

Down Payment
$162,500
Rehab Estimate
$5,750
Closing Costs
$9,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$2,398

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,500
Loan Amount $487,500
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$86,315

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,520

    LIST RENT
  • $1.1

    LIST RENT PER SQFT
  • $3,722

    COMP ESTIMATED VALUE
  • $1.16

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$3,5003$3,5204$3,9005$4,500
$4,500
RENT COMPS ANALYSIS
  • 14471 N 54th Street Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 3,202 Sqft ∙ Built 1985 4 beds 3 baths ∙ 3,202 Sqft ∙ Built 1985
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,520
    • $1.10
    •  
  • 15857 N 51st Place Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 1984 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 1984
    property image
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.95
    •  
  • 6213 E Helm Drive Scottsdale, AZ 2
    • 5 beds 3 baths ∙ 3,383 Sqft ∙ Built 1991 5 beds 3 baths ∙ 3,383 Sqft ∙ Built 1991
    property image
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.03
    •  
  • 6233 E Marilyn Road Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 3,383 Sqft ∙ Built 1991 4 beds 3 baths ∙ 3,383 Sqft ∙ Built 1991
    property image
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.15
    •  
  • 15059 N 49th Way Scottsdale, AZ 5
    • 5 beds 3 baths ∙ 2,958 Sqft ∙ Built 1987 5 beds 3 baths ∙ 2,958 Sqft ∙ Built 1987
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.52
    •  
PROPERTY LISTING DETAILS
Andrew Song
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6172147
Last Updated: 12/19/2020
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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