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11910 N 90th Street Scottsdale, AZ 85260

2 Beds 2 Baths 1,385 sqft Built 1988

$440,000

List Price

$1,720

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

November 25, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $317.69
  • 5 Days on Market
  • MLS # : 6164727
  • Updated Date : 11/28/2020 at 14:12
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,385 sqft
  • Baths : 2 full
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Move in ready home in a highly desirable Scottsdale location! Home has split bedrooms, beautiful great room with vaulted ceilings, and an eat-in kitchen. The master bedroom is spacious with a large closet. The private covered patio has tons of mature landscaping. Community features a beautiful pool, grassy common area, and nearby to the walking and biking paths.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mission Santa Fe

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $109k465k

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

Neighborhood: Mission Santa Fe

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10182993

* 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
Redfield Elementary School Primary Regular 513 33 8
Desert Canyon Middle School Middle Regular 566 29 8
Desert Mountain High School High Regular 2,247 94 8

Redfield Elementary School

  • Education Level: Primary
  • # of students: 513
  • # of teachers: 33
8
GreatSchools Rating

Desert Canyon Middle School

  • Education Level: Middle
  • # of students: 566
  • # of teachers: 29
8
GreatSchools Rating

Desert Mountain High School

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

$396,000$484,000$440,000

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,720
EXPENSES Loan Payment -$1,623
Property Tax -$206
Property Insurance -$54
HOA -$180
Property Management Fees -$99
CASH FLOW
-$442

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$440,000

PROJECTED PRICE

$1,720

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 3.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$122,350

INVESTMENT

$122,350

Down Payment
$110,000
Rehab Estimate
$5,750
Closing Costs
$6,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,623

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $110,000
Loan Amount $330,000
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$2,628

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,720

    LIST RENT
  • $1.24

    LIST RENT PER SQFT
  • $1,714

    COMP ESTIMATED VALUE
  • $1.24

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,6953$1,6954$1,7205$1,900
$1,900
RENT COMPS ANALYSIS
  • 11910 N 90th Street Scottsdale, AZ 4
    • 2 beds 2 baths ∙ 1,385 Sqft ∙ Built 1988 2 beds 2 baths ∙ 1,385 Sqft ∙ Built 1988
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,720
    • $1.24
    •  
  • 11260 N 92nd Street #1112 Scottsdale, AZ 1
    • 2 beds 2 baths ∙ 1,301 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,301 Sqft ∙ Built 1995
    property image
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.23
    •  
  • 11515 N 91st Street #238 Scottsdale, AZ 2
    • 2 beds 2 baths ∙ 1,372 Sqft ∙ Built 1987 2 beds 2 baths ∙ 1,372 Sqft ∙ Built 1987
    property image
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.24
    •  
  • 11260 N 92nd Street #2057 Scottsdale, AZ 3
    • 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1995
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.09
    •  
  • 8873 E Yucca Street Scottsdale, AZ 5
    • 2 beds 2 baths ∙ 1,365 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,365 Sqft ∙ Built 1998
    property image
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.39
    •  
PROPERTY LISTING DETAILS
Stacy Klibanoff
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6164727
Last Updated: 11/28/2020
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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