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2015 E Escuda Road Phoenix, AZ 85024

5 Beds 3 Baths 2,178 sqft Built 1997

$430,000

List Price

$1,860

$1.7K - $2K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $197.43
  • 2 Days on Market
  • MLS # : 6168170
  • Updated Date : 12/05/2020 at 13:21
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,178 sqft
  • Baths : 2 full , 1 half
Listing Agent

Advanta Living, Llc

Listing Agent's Description

Professional pics comings...Wonderful 5 bedroom, 2.5 bathroom, 2 car garage home in Boulder Mountain. One of the bedrooms is downstairs making for a guest bedroom or office. Open Kitchen, stainless steel appliances and a great layout. Upstairs has a wonderful loft for the kids to play in or a second family room. Great mountain views from the backyard or upstairs balcony. Backyard is perfect for the kids with a large grassy area, citrus trees and mountain views. You can't beat this home.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Boulder Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $91k320k

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

Neighborhood: Boulder Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9341934

* 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
Sunset Canyon School Primary Regular 492 27 7
Mountain Trail Middle School Middle Regular 714 29 7
North Canyon High School High Regular 1,957 86 4

Sunset Canyon School

  • Education Level: Primary
  • # of students: 492
  • # of teachers: 27
7
GreatSchools Rating

Mountain Trail Middle School

  • Education Level: Middle
  • # of students: 714
  • # of teachers: 29
7
GreatSchools Rating

North Canyon High School

  • Education Level: High
  • # of students: 1,957
  • # of teachers: 86
4
GreatSchools Rating
 

$387,000$473,000$430,000

PURCHASE PRICE

$1,674$2,046$1,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,860
EXPENSES Loan Payment -$1,587
Property Tax -$283
Property Insurance -$70
HOA -$3
Property Management Fees -$99
CASH FLOW
-$182

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.

$430,000

PROJECTED PRICE

$1,860

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.9%
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

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$119,700

INVESTMENT

$119,700

Down Payment
$107,500
Rehab Estimate
$5,750
Closing Costs
$6,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,587

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $107,500
Loan Amount $322,500
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$16,082

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,860

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $1,949

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,860
1$1,8602$1,8903$1,9504$1,9505$1,998
$1,998
RENT COMPS ANALYSIS
  • 2015 E Escuda Road Phoenix, AZ 1
    • 5 beds 3 baths ∙ 2,178 Sqft ∙ Built 1997 5 beds 3 baths ∙ 2,178 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $1,860
    • $0.85
    •  
  • 2030 E Escuda Road Phoenix, AZ 2
    • 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 1997
    LEASED 02/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,890
    • $0.87
    •  
  • 1831 E Siesta Lane Phoenix, AZ 3
    • 4 beds 3 baths ∙ 2,258 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,258 Sqft ∙ Built 2002
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.86
    •  
  • 2546 E Taro Lane Phoenix, AZ 4
    • 4 beds 3 baths ∙ 2,106 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,106 Sqft ∙ Built 1995
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.93
    •  
  • 19226 N Cave Creek Road #112 Phoenix, AZ 5
    • 4 beds 4 baths ∙ 2,170 Sqft ∙ Built 2008 4 beds 4 baths ∙ 2,170 Sqft ∙ Built 2008
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,998
    • $0.92
    •  
PROPERTY LISTING DETAILS
Deepak Verma
Advanta Living, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168170
Last Updated: 12/05/2020
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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