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8301 W Escuda Drive Peoria, AZ 85382

3 Beds 2 Baths 2,307 sqft Built 1997

$465,000

List Price

$1,990

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $201.56
  • 4 Days on Market
  • MLS # : 6161084
  • Updated Date : 11/21/2020 at 10:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,307 sqft
  • Baths : 2 full
Listing Agent

Long Realty The Fox Group

Listing Agent's Description

Tremendous opportunity to purchase a single level ''pool'' home in Westbrook Village. Not many homes with private pools. This 3 bedroom, 2 bathroom with a 3 car garage is highly updated throughout, Beautiful murphy bed in one of the guest rooms. Located on a quiet cul-de-sac this home is in excellent condition inside and out. High ceilings, beautiful kitchen with granite countertops, breakfast bar and kitchen seating area. Large living and family rooms. Backyard features a covered patio, beautiful low maintenance landscaping along with the sparkling play pool. This home won't last so come see it soon!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Willow Ridge at Westbrook Village

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $122k397k

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

Neighborhood: Willow Ridge at Westbrook Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Apache Elementary School Primary Regular 756 38 8
Apache Elementary School Middle Regular 756 38 8
Sunrise Mountain High School High Regular 1,675 72 7

Apache Elementary School

  • Education Level: Primary
  • # of students: 756
  • # of teachers: 38
8
GreatSchools Rating

Apache Elementary School

  • Education Level: Middle
  • # of students: 756
  • # of teachers: 38
8
GreatSchools Rating

Sunrise Mountain High School

  • Education Level: High
  • # of students: 1,675
  • # of teachers: 72
7
GreatSchools Rating
 

$418,500$511,500$465,000

PURCHASE PRICE

$1,791$2,189$1,990

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,990
EXPENSES Loan Payment -$1,716
Property Tax -$253
Property Insurance -$72
HOA -$5
Property Management Fees -$99
CASH FLOW
-$154

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.

$465,000

PROJECTED PRICE

$1,990

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.0%
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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$128,975

INVESTMENT

$128,975

Down Payment
$116,250
Rehab Estimate
$5,750
Closing Costs
$6,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,716

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $116,250
Loan Amount $348,750
See What Happens When You Reinvest Cash Flow

3.83

YEARS SAVED

$19,580

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,990

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $2,122

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,900
1$1,9002$1,9903$2,0504$2,2005$2,300
$2,300
RENT COMPS ANALYSIS
  • 8301 W Escuda Drive Peoria, AZ 2
    • 3 beds 2 baths ∙ 2,307 Sqft ∙ Built 1997 3 beds 2 baths ∙ 2,307 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $1,990
    • $0.86
    •  
  • 8378 W Pontiac Drive Peoria, AZ 1
    • 4 beds 2 baths ∙ 2,082 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,082 Sqft ∙ Built 2002
    LEASED 08/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.91
    •  
  • 19929 N 77th Avenue Glendale, AZ 3
    • 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 1987
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.86
    •  
  • 7842 W Quail Avenue Peoria, AZ 4
    • 4 beds 3 baths ∙ 2,420 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,420 Sqft ∙ Built 2006
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.91
    •  
  • 7931 W Rose Garden Lane Peoria, AZ 5
    • 4 beds 3 baths ∙ 2,291 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,291 Sqft ∙ Built 1999
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.00
    •  
PROPERTY LISTING DETAILS
David Dix
Long Realty The Fox Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6161084
Last Updated: 11/21/2020
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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