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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1985
- Price/Sqft : $373.78
- 2 Days on Market
- MLS # : 6202279
- Updated Date : 03/13/2021 at 08:15
CONSTRUCTION
- Beds : 3
- Floor Size : 1,846 sqft
- Baths : 2 full
Listing Agent
Keller Williams Arizona Realty
Listing Agent's Description
Amazing 3 bedroom, 2 bath home in Scottsdale Ranch neighborhood. This home as a Beautiful remodeled kitchen with granite countertops ,stainless steel appliances, and breakfast bar. Remodeled bathrooms! New lighting and new Stone work on fireplace. A touch of class with beautiful plantation shutters & french doors. Home also offer's a refreshing pool, and newly remolded covered patio and installed new wiring for 220 supply for Spa. Grass backyard with fruit trees, a 2 car garage. Seller had the home completely remodeled and updated with intent to live on property -- too many updates to list. Must be seen to be appreciated!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Scottsdale Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Scottsdale Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,670 |
| EXPENSES | Loan Payment | -$2,397 |
| Property Tax | -$323 | |
| Property Insurance | -$63 | |
| HOA | -$3 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$214
|
||
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.
$690,000
PROJECTED PRICE
$2,670
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$188,600
LOAN DETAILS
$2,397
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $172,500 |
| Loan Amount | $517,500 |
3.75
YEARS SAVED
$24,475
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
-
$2,829
COMP ESTIMATED VALUE -
$1.53
COMP AVG. RENT PER SQFT
Comps Range
-
10575 E San Salvador Drive Scottsdale, AZ 1
- 3 beds 2 baths ∙ 1,846 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,846 Sqft ∙ Built 1985
- Rent
- Rent Per SQFT
- $0
- $0.00
-
10060 E San Bernardo Drive Scottsdale, AZ 2
- 3 beds 2 baths ∙ 1,838 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,838 Sqft ∙ Built 1986
LEASED 12/07/20- Rent
- Rent Per SQFT
- $2,650
- $1.44
-
10053 E San Bernardo Drive Scottsdale, AZ 3
- 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1986
LEASED 03/15/20- Rent
- Rent Per SQFT
- $2,700
- $1.42
-
10506 E Cinnabar Avenue Scottsdale, AZ 4
- 3 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989
LEASED 11/15/20- Rent
- Rent Per SQFT
- $3,200
- $1.68
-
10576 E Caron Street Scottsdale, AZ 5
- 3 beds 2 baths ∙ 2,046 Sqft ∙ Built 1985 3 beds 2 baths ∙ 2,046 Sqft ∙ Built 1985
LEASED 09/01/20- Rent
- Rent Per SQFT
- $3,250
- $1.59
PROPERTY LISTING DETAILS
Keller Williams Arizona Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6202279
Last Updated: 03/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
