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10871 E Santa Fe Trail Scottsdale, AZ 85262

3 Beds 3 Baths 2,700 sqft Built 2000

$814,900

List Price

$3,680

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $301.81
  • 3 Days on Market
  • MLS # : 6170140
  • Updated Date : 12/12/2020 at 12:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,700 sqft
  • Baths : 2 full , 1 half
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

This beautiful 3 BR/ 2.5 bath luxury N Scottsdale home with NO HOA is tailor made for you! This Southwestern treasure possesses a seemingly endless amount of enchanting features throughout including serene MOUNTAIN VIEWS from almost every room! This home features beautifully crafted exposed wood beams that mark your entrance to a spacious great room with gas fireplace for the ultimate relaxation space. The spacious kitchen features granite countertops and a walk-in pantry. Some other features include a recently resealed roof, fresh exterior paint, beautiful wood & tile flooring, large windows, split floor plan, steam shower & jetted tub in MSTR bath. The backyard is an entertainer's dream with a heated infinity pool w/water feature/spa, built in BBQ, & outdoor fireplace

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rancho Santa Fe del Oro

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k954k

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

Neighborhood: Rancho Santa Fe del Oro

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000Rent in $10454206

* 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
Black Mountain Elementary School Primary Regular 463 29 8
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Black Mountain Elementary School

  • Education Level: Primary
  • # of students: 463
  • # of teachers: 29
8
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
 

$733,410$896,390$814,900

PURCHASE PRICE

$3,312$4,048$3,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,680
EXPENSES Loan Payment -$3,007
Property Tax -$381
Property Insurance -$80
Property Management Fees -$99
CASH FLOW
$113

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.

$814,900

PROJECTED PRICE

$3,680

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.2%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$221,699

INVESTMENT

$221,699

Down Payment
$203,725
Rehab Estimate
$5,750
Closing Costs
$12,224

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$3,007

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $203,725
Loan Amount $611,175
See What Happens When You Reinvest Cash Flow

6.42

YEARS SAVED

$71,400

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,680

    LIST RENT
  • $1.36

    LIST RENT PER SQFT
  • $3,915

    COMP ESTIMATED VALUE
  • $1.45

    COMP AVG. RENT PER SQFT
Comps Range
$3,500
1$3,5002$3,680
$3,680
RENT COMPS ANALYSIS
  • 10871 E Santa Fe Trail Scottsdale, AZ 2
    • 3 beds 3 baths ∙ 2,700 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,700 Sqft ∙ Built 2000
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,680
    • $1.36
    •  
  • 39514 N 104th Street Scottsdale, AZ 1
    • 3 beds 3 baths ∙ 2,413 Sqft ∙ Built 1991 3 beds 3 baths ∙ 2,413 Sqft ∙ Built 1991
    property image
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.45
    •  
PROPERTY LISTING DETAILS
Marcy Murphy
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170140
Last Updated: 12/12/2020
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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