Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

10063 E San Bernardo Drive Scottsdale, AZ 85258

3 Beds 2 Baths 1,859 sqft Built 1986

$549,500

List Price

$2,720

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $295.59
  • 1 Days on Market
  • MLS # : 6163685
  • Updated Date : 11/21/2020 at 19:01
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,859 sqft
  • Baths : 2 full
Listing Agent

L.a. Fisher Real Estate Investment Company

Listing Agent's Description

This Beautiful and Welcoming Home Offers Lots of Natural Light, 14-foot Vaulted Ceilings and an Award-Winning Split Floor Plan. This Home is Perfect for Entertaining and provides many areas for Guest to Congregate both inside and on the Large Covered Patio, or even around the Private Swimming Pool. Thoughtfully Remodeled with Travertine Flooring, Cherrywood Cabinetry, and Granite Countertops all of which makes for the Perfect Setting of this Private Retreat. You will Enjoy the Fireplace just off from the Primary Suite and the Wonderful Views of the Pool and the Landscaped Grounds visible from Main Living Areas. Located Close to Golf Courses, Baseball Spring Training Fields, Restaurants, Shopping, and Easy Access to Loop 101. This Home is the Perfect Retreat in the Heart of Scottsdale!!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Casa del Cielo at Scottsdale Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k465k

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

Neighborhood: Casa del Cielo at Scottsdale Ranch

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
Laguna Elementary School Primary Regular 546 29 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Laguna Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 29
9
GreatSchools Rating

Mountainside Middle School

  • Education Level: Middle
  • # of students: 766
  • # of teachers: 36
8
GreatSchools Rating

Desert Mountain High School

  • Education Level: High
  • # of students: 2,247
  • # of teachers: 94
8
GreatSchools Rating
 

$494,550$604,450$549,500

PURCHASE PRICE

$2,448$2,992$2,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,720
EXPENSES Loan Payment -$2,027
Property Tax -$257
Property Insurance -$63
HOA -$164
Property Management Fees -$99
CASH FLOW
$109

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.

$549,500

PROJECTED PRICE

$2,720

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.9%
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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,368

INVESTMENT

$151,368

Down Payment
$137,375
Rehab Estimate
$5,750
Closing Costs
$8,243

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$2,027

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,375
Loan Amount $412,125
See What Happens When You Reinvest Cash Flow

6.42

YEARS SAVED

$48,553

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,720

    LIST RENT
  • $1.46

    LIST RENT PER SQFT
  • $2,719

    COMP ESTIMATED VALUE
  • $1.46

    COMP AVG. RENT PER SQFT
Comps Range
$2,650
1$2,6502$2,7003$2,7004$2,7205$2,900
$2,900
RENT COMPS ANALYSIS
  • 10063 E San Bernardo Drive Scottsdale, AZ 4
    • 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,720
    • $1.46
    •  
  • 10060 E San Bernardo Drive Scottsdale, AZ 1
    • 3 beds 2 baths ∙ 1,838 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,838 Sqft ∙ Built 1986
    property image
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.44
    •  
  • 10053 E San Bernardo Drive Scottsdale, AZ 2
    • 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1986
    property image
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.42
    •  
  • 10017 E Saddlehorn Trail Scottsdale, AZ 3
    • 3 beds 2 baths ∙ 1,768 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,768 Sqft ∙ Built 1984
    property image
    LEASED 11/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.53
    •  
  • 9804 N 100th Place Scottsdale, AZ 5
    • 3 beds 2 baths ∙ 1,989 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,989 Sqft ∙ Built 1983
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.46
    •  
PROPERTY LISTING DETAILS
Lee A. Fisher
L.a. Fisher Real Estate Investment Company
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163685
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.

BESbswy