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11794 E Beryl Avenue Scottsdale, AZ 85259

5 Beds 5 Baths 4,769 sqft Built 1993

$1,295,000

List Price

$5,820

$5.6K - $6.1K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1993
  • Price/Sqft : $271.55
  • 11 Days on Market
  • MLS # : 6151569
  • Updated Date : 10/26/2020 at 16:38
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,769 sqft
  • Baths : 4 full , 1 half
Listing Agent

Realty Executives

Listing Agent's Description

Ok.....if you want a dramatic Santa Barbara beauty with outstanding curb appeal, large private lot, gated community and close to the best schools around including Scottsdale Basis and Desert Mountain you have found your home!!!! Spacious sprawling 5 bedroom 4.5 bath plus a den with gourmet kitchen, spacious family room w/ fireplace, intimate formal dining room, huge romantic master suite with fireplace and balcony, spacious secondary bedrooms for gym, work etc. This home truly has it all......tons of stone flooring, new interior paint with the current taupe gray theme, dramatic spiral staircase with wooden stairs, large laundry room w/sink and cabs,...ready and waiting for a new owner.......Community pool,play ground and Tennis courts as well all with low HOA.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Montana Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k968k

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

Neighborhood: Montana Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q215002000250030003500400045005000Rent in $10455263

* 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
 

$1,165,500$1,424,500$1,295,000

PURCHASE PRICE

$5,238$6,402$5,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,820
EXPENSES Loan Payment -$4,778
Property Tax -$606
Property Insurance -$120
HOA -$180
Property Management Fees -$99
CASH FLOW
$37

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.

$1,295,000

PROJECTED PRICE

$5,820

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.8%
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$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k$40k$50k$60k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$348,925

INVESTMENT

$348,925

Down Payment
$323,750
Rehab Estimate
$5,750
Closing Costs
$19,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$4,778

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $323,750
Loan Amount $971,250
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$95,612

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $5,820

    LIST RENT
  • $1.22

    LIST RENT PER SQFT
  • $5,794

    COMP ESTIMATED VALUE
  • $1.21

    COMP AVG. RENT PER SQFT
Comps Range
$5,000
1$5,0002$5,4003$5,8004$5,8205$5,900
$5,900
RENT COMPS ANALYSIS
  • 11794 E Beryl Avenue Scottsdale, AZ 4
    • 5 beds 5 baths ∙ 4,769 Sqft ∙ Built 1993 5 beds 5 baths ∙ 4,769 Sqft ∙ Built 1993
    • Rent
    • Rent Per SQFT
    •  
    • $5,820
    • $1.22
    •  
  • 12034 E Yucca Street Scottsdale, AZ 1
    • 5 beds 4 baths ∙ 4,425 Sqft ∙ Built 2002 5 beds 4 baths ∙ 4,425 Sqft ∙ Built 2002
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.13
    •  
  • 11262 E Beryl Avenue Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 4,591 Sqft ∙ Built 1993 5 beds 4 baths ∙ 4,591 Sqft ∙ Built 1993
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,400
    • $1.18
    •  
  • 11739 N 114th Way Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 4,446 Sqft ∙ Built 1994 4 beds 4 baths ∙ 4,446 Sqft ∙ Built 1994
    LEASED 06/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,800
    • $1.30
    •  
  • 12195 N 119th Street Scottsdale, AZ 5
    • 5 beds 5 baths ∙ 4,720 Sqft ∙ Built 2000 5 beds 5 baths ∙ 4,720 Sqft ∙ Built 2000
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,900
    • $1.25
    •  
PROPERTY LISTING DETAILS
Denise S Monteforte
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151569
Last Updated: 10/26/2020
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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