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

10914 E Bella Vista Drive Scottsdale, AZ 85259

4 Beds 4 Baths 3,002 sqft Built 1992

$925,000

List Price

$3,540

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

February 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $308.13
  • 4 Days on Market
  • MLS # : 6189420
  • Updated Date : 02/06/2021 at 22:10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,002 sqft
  • Baths : 3 full , 1 half
Listing Agent

E & G Real Estate Services

Listing Agent's Description

Were you looking for a true one level with four-bedroom home on a 14,873 square foot wrap-around parcel with a sparkling pebble sheen pool and extended covered patio outdoor living environment with sunshade, next to a large grassy play area. In a centralized Scottsdale location? Congratulations, you found your next home! Pride of ownership upgraded over the years with tile, real wood flooring, cherry shaker cabinetry with chrome curved handles, Anderson window package on majority of windows, polished and thick granite countertops, Whirlpool stainless steel appliance package, heating and cooling, roofing and pool upgrades along with modern move in ready updates to kitchen and all bathrooms.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mountainview Place

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650kPrice in $122k684k

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

Neighborhood: Mountainview Place

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400Rent in $10453493

* 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
Laguna Elementary School Primary Regular 546 29 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Laguna Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 29
9
GreatSchools Rating

Mountainside Middle School

  • Education Level: Middle
  • # of students: 766
  • # of teachers: 36
8
GreatSchools Rating

Desert Mountain High School

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

$832,500$1,017,500$925,000

PURCHASE PRICE

$3,186$3,894$3,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,540
EXPENSES Loan Payment -$3,213
Property Tax -$433
Property Insurance -$86
HOA -$3
Property Management Fees -$99
CASH FLOW
-$293

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.

$925,000

PROJECTED PRICE

$3,540

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.8%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k

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$250,875

INVESTMENT

$250,875

Down Payment
$231,250
Rehab Estimate
$5,750
Closing Costs
$13,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$3,213

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $231,250
Loan Amount $693,750
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$32,197

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
  • $3,647

    COMP ESTIMATED VALUE
  • $1.22

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,2003$3,4004$3,6005$4,400
$4,400
RENT COMPS ANALYSIS
  • 10914 E Bella Vista Drive Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,002 Sqft ∙ Built 1992 4 beds 4 baths ∙ 3,002 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11653 E Sorrel Lane Scottsdale, AZ 2
    • 4 beds 2 baths ∙ 2,883 Sqft ∙ Built 1994 4 beds 2 baths ∙ 2,883 Sqft ∙ Built 1994
    LEASED 01/26/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.11
    •  
  • 9135 N 106th Place Scottsdale, AZ 3
    • 3 beds 4 baths ∙ 2,924 Sqft ∙ Built 1988 3 beds 4 baths ∙ 2,924 Sqft ∙ Built 1988
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.16
    •  
  • 10860 E San Salvador Drive Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 2,924 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,924 Sqft ∙ Built 1987
    LEASED 01/16/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.23
    •  
  • 11410 E Mission Lane Scottsdale, AZ 5
    • 4 beds 3 baths ∙ 3,231 Sqft ∙ Built 1992 4 beds 3 baths ∙ 3,231 Sqft ∙ Built 1992
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.36
    •  
PROPERTY LISTING DETAILS
Daniel Kahn
E & G Real Estate Services
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6189420
Last Updated: 02/06/2021
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