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2015 E Clubhouse Drive Phoenix, AZ 85048

4 Beds 3 Baths 3,875 sqft Built 1992

$869,000

List Price

$2,910

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $224.26
  • 4 Days on Market
  • MLS # : 6167226
  • Updated Date : 12/03/2020 at 13:25
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,875 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Incredible Hilltop lot on the Foothills golf course with breathtaking !80 degree views and one of a kind sunsets! The owner is a local builder and spared no expense with over $150,000 in resent updates through out this amazing home! Custom molding, new flooring, new chefs kitchen, luxurious baths and beautiful landscape both front and back. Come check out this one of kind home today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Foothills Golf Club

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k459k

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

Neighborhood: Foothills Golf Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000210022002300Rent in $9342327

* 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
Kyrene De La Estrella Elementary School Primary Regular 440 27 8
Kyrene Akimel A-al Middle School Middle Regular 1,064 52 8
Desert Vista High School High Regular 3,037 130 8

Kyrene De La Estrella Elementary School

  • Education Level: Primary
  • # of students: 440
  • # of teachers: 27
8
GreatSchools Rating

Kyrene Akimel A-al Middle School

  • Education Level: Middle
  • # of students: 1,064
  • # of teachers: 52
8
GreatSchools Rating

Desert Vista High School

  • Education Level: High
  • # of students: 3,037
  • # of teachers: 130
8
GreatSchools Rating
 

$782,100$955,900$869,000

PURCHASE PRICE

$2,619$3,201$2,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,910
EXPENSES Loan Payment -$3,206
Property Tax -$629
Property Insurance -$103
HOA -$6
Property Management Fees -$99
CASH FLOW
-$1,133

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.

$869,000

PROJECTED PRICE

$2,910

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.0%
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-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

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$236,035

INVESTMENT

$236,035

Down Payment
$217,250
Rehab Estimate
$5,750
Closing Costs
$13,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,206

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $217,250
Loan Amount $651,750
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$467

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,910

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $2,751

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,7953$2,910
$2,910
RENT COMPS ANALYSIS
  • 2015 E Clubhouse Drive Phoenix, AZ 3
    • 4 beds 3 baths ∙ 3,875 Sqft ∙ Built 1992 4 beds 3 baths ∙ 3,875 Sqft ∙ Built 1992
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,910
    • $0.75
    •  
  • 1367 E Desert Flower Lane Phoenix, AZ 1
    • 4 beds 4 baths ∙ 3,835 Sqft ∙ Built 1993 4 beds 4 baths ∙ 3,835 Sqft ∙ Built 1993
    property image
    LEASED 08/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.70
    •  
  • 14026 S 31st Street Phoenix, AZ 2
    • 5 beds 4 baths ∙ 3,886 Sqft ∙ Built 1994 5 beds 4 baths ∙ 3,886 Sqft ∙ Built 1994
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $0.72
    •  
PROPERTY LISTING DETAILS
Michael Smith
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167226
Last Updated: 12/03/2020
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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