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10827 E Sutherland Way Scottsdale, AZ 85262

3 Beds 4 Baths 3,701 sqft Built 1996

$1,500,000

List Price

$5,470

$5.2K - $5.7K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $405.30
  • 4 Days on Market
  • MLS # : 6186701
  • Updated Date : 01/29/2021 at 17:49
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,701 sqft
  • Baths : 3 full , 1 half
Listing Agent

Re/max Fine Properties

Listing Agent's Description

Sitting on the 15th hole of The Troon Golf Course you will find a beautiful & unique home inside the guard-gated community of Candlewood Estates, featuring 3 bedrooms & 3.5 bathrooms + a den/office. When you walk through the front door you will be impressed by the double-sided fireplace dressed in onyx & stone in the living & formal dining space w/golf course views. The remodeled contemporary kitchen w/custom finishes is open to the family room complete w/ a cozy fireplace & a casual dining area. The tranquil owner's suite offers easy access to the back patio & includes a fireplace, spacious walk-in closet, dual sinks, granite slab counters & separate vanity. Gaze out at the peaceful mountain views as you enjoy the outdoor kitchen, fire pit, spa, & the infinity-edge play pool

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Candlewood Estates at Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k961k

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

Neighborhood: Candlewood Estates at Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400360038004000Rent in $10454169

* 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
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8
Sonoran Trails Middle School Middle Unknown NA

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

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

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

PURCHASE PRICE

$4,923$6,017$5,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,470
EXPENSES Loan Payment -$5,210
Property Tax -$700
Property Insurance -$99
HOA -$13
Property Management Fees -$99
CASH FLOW
-$652

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

$5,470

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 1.7%
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$50k

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 55% down payment or higher enables the proceeds from the asset to cover all costs.

$5,210

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $375,000
Loan Amount $1,125,000
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$38,555

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $5,470

    LIST RENT
  • $1.48

    LIST RENT PER SQFT
  • $6,440

    COMP ESTIMATED VALUE
  • $1.74

    COMP AVG. RENT PER SQFT
Comps Range
$5,250
1$5,2502$5,4703$6,0004$8,000
$8,000
RENT COMPS ANALYSIS
  • 10827 E Sutherland Way Scottsdale, AZ 2
    • 3 beds 4 baths ∙ 3,701 Sqft ∙ Built 1996 3 beds 4 baths ∙ 3,701 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $5,470
    • $1.48
    •  
  • 9897 E Quarry Trail Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,831 Sqft ∙ Built 1999 4 beds 4 baths ∙ 3,831 Sqft ∙ Built 1999
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,250
    • $1.37
    •  
  • 25807 N 104th Way Scottsdale, AZ 3
    • 3 beds 5 baths ∙ 3,694 Sqft ∙ Built 1995 3 beds 5 baths ∙ 3,694 Sqft ∙ Built 1995
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $6,000
    • $1.62
    •  
  • 28356 N 106th Street Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 3,591 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,591 Sqft ∙ Built 2004
    LEASED 10/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $8,000
    • $2.23
    •  
PROPERTY LISTING DETAILS
Josef M Szabo
Re/max Fine Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186701
Last Updated: 01/29/2021
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.

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