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PROPERTY INFO
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
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PRICE & RENT TRENDS
Neighborhood: Rancho Santa Fe del Oro
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Rancho Santa Fe del Oro
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$221,699
LOAN DETAILS
$3,007
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $203,725 |
| Loan Amount | $611,175 |
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
-
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
Berkshire Hathaway Homeservices Arizona Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170140
Last Updated: 12/12/2020
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.
