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

10461 E Windrose Drive Scottsdale, AZ 85259

5 Beds 3 Baths 3,827 sqft Built 1986

$1,649,000

List Price

$5,030

$4.8K - $5.3K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1986
  • Price/Sqft : $430.89
  • 5 Days on Market
  • MLS # : 6154064
  • Updated Date : 11/02/2020 at 22:35
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,827 sqft
  • Baths : 3 full
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Spectacular contemporary-style home with chic rustic decor and superb entertainment and leisure facilities. Situated on the edge of the Sonoran Desert and within 10 minutes of Scottsdale's lively dining and shopping scene. Private pool, hot tub, fire pit, BBQ, basketball, table tennis, and putt-putt green. 4 bed, 3 bath, Large Den that can act as a 5th bedroom, expansive family room with fireplace, Wet Bar, Plantation Shutters throughout,3 Car Garage, Central Vacuum, Water Softener,Pool & Spa with desirable North/South Exposure. **NO HOA**

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Scottsdale Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100kPrice in $122k1111k

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

Neighborhood: Scottsdale Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500500055006000Rent in $10456459

* 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
Anasazi Elementary School Primary Regular 567 31 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Anasazi Elementary School

  • Education Level: Primary
  • # of students: 567
  • # of teachers: 31
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
 

$1,484,100$1,813,900$1,649,000

PURCHASE PRICE

$4,527$5,533$5,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,030
EXPENSES Loan Payment -$6,084
Property Tax -$771
Property Insurance -$102
Property Management Fees -$99
CASH FLOW
-$2,026

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.

$1,649,000

PROJECTED PRICE

$5,030

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.8%
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$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$442,735

INVESTMENT

$442,735

Down Payment
$412,250
Rehab Estimate
$5,750
Closing Costs
$24,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$6,084

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $412,250
Loan Amount $1,236,750
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$2,276

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
  • $4,698

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,2003$4,4004$4,4005$4,850
$4,850
RENT COMPS ANALYSIS
  • 10461 E Windrose Drive Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,827 Sqft ∙ Built 1986 4 beds 3 baths ∙ 3,827 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9816 E Kalil Drive Scottsdale, AZ 2
    • 4 beds 3 baths ∙ 3,511 Sqft ∙ Built 1984 4 beds 3 baths ∙ 3,511 Sqft ∙ Built 1984
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.20
    •  
  • 11440 E Sweetwater Avenue Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 3,658 Sqft ∙ Built 1997 4 beds 4 baths ∙ 3,658 Sqft ∙ Built 1997
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.20
    •  
  • 10800 E Cactus Road #25 Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 1992 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 1992
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.14
    •  
  • 9943 E Island Circle Scottsdale, AZ 5
    • 4 beds 4 baths ∙ 3,535 Sqft ∙ Built 1986 4 beds 4 baths ∙ 3,535 Sqft ∙ Built 1986
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,850
    • $1.37
    •  
PROPERTY LISTING DETAILS
Jennifer A Patterson
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154064
Last Updated: 11/02/2020
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