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15148 E Saguaro Vista Court Scottsdale, AZ 85262

3 Beds 3 Baths 2,682 sqft Built 2021

$725,000

List Price

$2,680

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

Built 2021 NEW CONSTRUCTION
SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2021
  • Price/Sqft : $270.32
  • 2 Days on Market
  • MLS # : 6206915
  • Updated Date : 03/13/2021 at 18:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,682 sqft
  • Baths : 2 full , 1 half
Listing Agent

Morgan Taylor Realty

Listing Agent's Description

***CONSTRUCTION HAS STARTED*** Beautiful custom home! This home features 3 bedrooms and 2.5 baths. Open floor concept with a generous Great Room perfect for entertaining. The Gourmet Kitchen features White Shaker Style Cabinets, with Soft Close Doors and drawers, Granite Counter Tops, Stainless Steel Cooktop, & Double Ovens with a sizeable Walk-In Pantry. Beautiful wood-like tile flooring throughout the main areas, Large master suite with dual vanities, and a separate Shower and Soaking Tub. This home is Nestled back into the gated community of Rio Mountain Estates. Gorgeous Mountain Views surround you!! Construction has just started! Estimated COE will be towards the end of 2021!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rio Mountain Estates

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k766k

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

Neighborhood: Rio Mountain Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10452993

* 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
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8
Sonoran Trails Middle School Middle Unknown NA

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students: 841
  • # of teachers: 39
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$652,500$797,500$725,000

PURCHASE PRICE

$2,412$2,948$2,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,680
EXPENSES Loan Payment -$2,518
Property Tax -$244
Property Insurance -$79
HOA -$32
Property Management Fees -$99
CASH FLOW
-$292

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$725,000

PROJECTED PRICE

$2,680

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.2%
Maintenance Year (1-5) 3.00%
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$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$194,125

INVESTMENT

$194,125

Down Payment
$181,250
Rehab Estimate
$2,000
Closing Costs
$10,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,518

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $181,250
Loan Amount $543,750
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$21,807

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
  • $2,803

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3953$3,300
$3,300
RENT COMPS ANALYSIS
  • 15148 E Saguaro Vista Court Scottsdale, AZ 1
    • 3 beds 3 baths ∙ 2,682 Sqft ∙ Built 2021 3 beds 3 baths ∙ 2,682 Sqft ∙ Built 2021
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 28407 N 154th Place Scottsdale, AZ 2
    • 4 beds 2 baths ∙ 2,600 Sqft ∙ Built 2018 4 beds 2 baths ∙ 2,600 Sqft ∙ Built 2018
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.92
    •  
  • 14224 E Desert Vista Trail Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 2,822 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,822 Sqft ∙ Built 2018
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.17
    •  
PROPERTY LISTING DETAILS
Niki Roberts
Morgan Taylor Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6206915
Last Updated: 03/13/2021
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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