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10680 E Desert Willow Drive Scottsdale, AZ 85255

5 Beds 5 Baths 4,200 sqft Built 1995

$1,500,000

List Price

$5,240

$5K - $5.5K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 1995
  • Price/Sqft : $357.14
  • 2 Days on Market
  • MLS # : 6154597
  • Updated Date : 11/02/2020 at 15:41
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,200 sqft
  • Baths : 4 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Welcome to the prestigious, guard-gated community of WINDY WALK ESTATES. VIEWS & MORE VIEWS of TROON MTN & PINNACLE PEAK. ENTER this beautiful single level, private-culdesac home through tall facade of wood and glass. The foyer features soft coffered lighting and rotunda ceiling, opening to formal living room, dining room and full-service wet bar & walls of windows to the resort backyard. South facing outdoor living at it's best with sparkling heated pool/spa, gas fireplace, outdoor BBQ kitchen, extended covered patio w/seating, and circular stairwell to roof viewing deck. The kitchen has WOW MOUNTAIN VIEWS, perfect morning-sun breakfast nook and features contemporary flat cabinetry, center island/seating, pantry, subzero, gas cooktop, and opens wide to the family room & outdoor

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Windy Walk Estates

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $122k1434k

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

Neighborhood: Windy Walk Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500500055006000Rent in $10456132

* 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
Desert Sun Elementary School Primary Regular 416 22 6
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Desert Sun Elementary School

  • Education Level: Primary
  • # of students: 416
  • # of teachers: 22
6
GreatSchools Rating

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students: 841
  • # of teachers: 39
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating
 

$1,350,000$1,650,000$1,500,000

PURCHASE PRICE

$4,716$5,764$5,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,240
EXPENSES Loan Payment -$5,534
Property Tax -$700
Property Insurance -$109
HOA -$13
Property Management Fees -$99
CASH FLOW
-$1,216

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$1,500,000

PROJECTED PRICE

$5,240

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.5%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k$30k$40k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$403,250

INVESTMENT

$403,250

Down Payment
$375,000
Rehab Estimate
$5,750
Closing Costs
$22,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$5,534

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $375,000
Loan Amount $1,125,000
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$17,306

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
  • $4,368

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,500
$4,500
RENT COMPS ANALYSIS
  • 10680 E Desert Willow Drive Scottsdale, AZ 1
    • 5 beds 5 baths ∙ 4,200 Sqft ∙ Built 1995 5 beds 5 baths ∙ 4,200 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10801 E Happy Valley Road #34 Scottsdale, AZ 2
    • 4 beds 5 baths ∙ 4,327 Sqft ∙ Built 1987 4 beds 5 baths ∙ 4,327 Sqft ∙ Built 1987
    LEASED 08/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.04
    •  
PROPERTY LISTING DETAILS
Diana Mettille
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154597
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.

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