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10867 E White Feather Lane Scottsdale, AZ 85262

4 Beds 3 Baths 3,233 sqft Built 1997

$724,900

List Price

$3,990

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $224.22
  • 3 Days on Market
  • MLS # : 6176211
  • Updated Date : 01/01/2021 at 19:37
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,233 sqft
  • Baths : 3 full
Listing Agent

Homeqwik

Listing Agent's Description

Prestigious Gated Golf Course Community of Pinnacle Canyon in Troon North. Territorial Home on secluded cul-de-sac lot of only three homes!! Very well cared for home. Soaring 20 foot ceilings upon entry. Upgraded kitchen. Upgraded master bath. Entertainers backyard with pool, spa, and amazing views. The home backs to natural area open space for maximum privacy. Double door entry to resort-like master retreat with private balcony, boulder & mountain views, master sitting room. Incredible home! NEW ROOF COATING, NEW EXTERIOR STUCCO AND PAINT...EASY DEAL, PRICED FOR YOUR BUYERS TO HAVE ROOM TO MAKE ANY CHANGES THEY WANT!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750k800kPrice in $122k813k

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

Neighborhood: Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453693

* 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
 

$652,410$797,390$724,900

PURCHASE PRICE

$3,591$4,389$3,990

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,990
EXPENSES Loan Payment -$2,675
Property Tax -$353
Property Insurance -$90
HOA -$9
Property Management Fees -$99
CASH FLOW
$764

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.

$724,900

PROJECTED PRICE

$3,990

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 4.5%
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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$197,849

INVESTMENT

$197,849

Down Payment
$181,225
Rehab Estimate
$5,750
Closing Costs
$10,874

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$2,675

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $181,225
Loan Amount $543,675
See What Happens When You Reinvest Cash Flow

11.08

YEARS SAVED

$140,982

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
  • $3,621

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7003$3,5004$4,750
$4,750
RENT COMPS ANALYSIS
  • 10867 E White Feather Lane Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,233 Sqft ∙ Built 1997 4 beds 3 baths ∙ 3,233 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11408 E Running Deer Trail Scottsdale, AZ 2
    • 4 beds 3 baths ∙ 2,992 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,992 Sqft ∙ Built 2002
    LEASED 06/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.90
    •  
  • 27892 N 108th Way Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 3,233 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,233 Sqft ∙ Built 1998
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.08
    •  
  • 9731 E Hidden Green Drive Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 3,436 Sqft ∙ Built 1997 4 beds 4 baths ∙ 3,436 Sqft ∙ Built 1997
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,750
    • $1.38
    •  
PROPERTY LISTING DETAILS
Noel Pulanco
Homeqwik
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176211
Last Updated: 01/01/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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