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

10690 E Autumn Sage Drive Scottsdale, AZ 85255

2 Beds 2 Baths 1,681 sqft Built 1997

$574,900

List Price

$2,140

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $342.00
  • 4 Days on Market
  • MLS # : 6192207
  • Updated Date : 02/20/2021 at 15:44
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,681 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

New to the market in highly sought after McDowell Mountain Ranch, Castle Chase GATED subdivision, is this popular Centex model featuring two bedrooms, plus DEN with breathtaking McDOWELL MOUNTAIN VIEWS!! Very well-maintained home with neutral color scheme, easy maintenance wood-look flooring in living room and den, maple cabinets, storage cabinets in garage, built in BBQ and fire pit! Open desert space behind the home offers privacy and incredible natural desert views with looming saguaros and free-growing cacti. It's not every day you find a home with these views for this price! Add the Castle Chase exclusive community pool, spa, workout center and community center (a half block away!) for a fun way to meet the friendly neighbors!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: McDowell Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $122k646k

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

Neighborhood: McDowell Mountain 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
Desert Canyon Elementary School Primary Regular 503 25 10
Desert Canyon Middle School Middle Regular 566 29 8
Desert Mountain High School High Regular 2,247 94 8

Desert Canyon Elementary School

  • Education Level: Primary
  • # of students: 503
  • # of teachers: 25
10
GreatSchools Rating

Desert Canyon Middle School

  • Education Level: Middle
  • # of students: 566
  • # of teachers: 29
8
GreatSchools Rating

Desert Mountain High School

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

$517,410$632,390$574,900

PURCHASE PRICE

$1,926$2,354$2,140

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,140
EXPENSES Loan Payment -$1,997
Property Tax -$352
Property Insurance -$60
HOA -$44
Property Management Fees -$99
CASH FLOW
-$411

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.

$574,900

PROJECTED PRICE

$2,140

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.0%
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$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$158,099

INVESTMENT

$158,099

Down Payment
$143,725
Rehab Estimate
$5,750
Closing Costs
$8,624

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,997

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $143,725
Loan Amount $431,175
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$6,352

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
  • $2,139

    COMP ESTIMATED VALUE
  • $1.27

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9003$1,9504$2,0005$2,395
$2,395
RENT COMPS ANALYSIS
  • 10690 E Autumn Sage Drive Scottsdale, AZ 1
    • 2 beds 2 baths ∙ 1,681 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,681 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10484 E Hillery Drive Scottsdale, AZ 2
    • 2 beds 2 baths ∙ 1,358 Sqft ∙ Built 1999 2 beds 2 baths ∙ 1,358 Sqft ∙ Built 1999
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.40
    •  
  • 16420 N Thompson Peak Parkway #1029 Scottsdale, AZ 3
    • 2 beds 3 baths ∙ 1,737 Sqft ∙ Built 2000 2 beds 3 baths ∙ 1,737 Sqft ∙ Built 2000
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $1.12
    •  
  • 15050 N Thompson Peak Parkway #2010 Scottsdale, AZ 4
    • 2 beds 2 baths ∙ 1,500 Sqft ∙ Built 1996 2 beds 2 baths ∙ 1,500 Sqft ∙ Built 1996
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.33
    •  
  • 10857 E Salt Bush Drive Scottsdale, AZ 5
    • 2 beds 2 baths ∙ 1,936 Sqft ∙ Built 1999 2 beds 2 baths ∙ 1,936 Sqft ∙ Built 1999
    LEASED 05/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.24
    •  
PROPERTY LISTING DETAILS
Sherrie A Russell
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6192207
Last Updated: 02/20/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy