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12048 E Yucca Street Scottsdale, AZ 85259

5 Beds 4 Baths 4,045 sqft Built 2001

$1,225,000

List Price

$4,530

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $302.84
  • 3 Days on Market
  • MLS # : 6199443
  • Updated Date : 02/26/2021 at 14:11
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,045 sqft
  • Baths : 3 full , 1 half
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

This delightful home is nestled in the desirable gated community of Sendero Highlands; one of only eleven homes. Meticulously maintained and updated, this home boasts 5 bedrooms, 3.5 baths. The romantic owner's retreat occupies the upstairs, including a balcony, large closet and spacious bathroom.The bright and open main level has a fabulous kitchen, oversized windows with spectacular views, a half bath and a very private ensuite bedroom. The lower level has 3 bedrooms, a full bath, and a common area to hangout or study. The backyard is an oasis, sporting a pool with seating for cocktails or dining on those hot summer nights, and a spillover spa. A+ rated schools, Basis charter school nearby, and easy access to freeways.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sendero Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $122k1030k

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

Neighborhood: Sendero Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000450050005500Rent in $10455573

* 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
Anasazi Elementary School Primary Regular 567 31 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Anasazi Elementary School

  • Education Level: Primary
  • # of students: 567
  • # of teachers: 31
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
 

$1,102,500$1,347,500$1,225,000

PURCHASE PRICE

$4,077$4,983$4,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,530
EXPENSES Loan Payment -$4,255
Property Tax -$573
Property Insurance -$106
HOA -$120
Property Management Fees -$99
CASH FLOW
-$623

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$1,225,000

PROJECTED PRICE

$4,530

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.8%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
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

PROJECTED ANNUAL CASH FLOW

11530-$10k$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$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$330,375

INVESTMENT

$330,375

Down Payment
$306,250
Rehab Estimate
$5,750
Closing Costs
$18,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$4,255

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $306,250
Loan Amount $918,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$24,484

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,530

    LIST RENT
  • $1.12

    LIST RENT PER SQFT
  • $4,197

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$3,800
1$3,8002$3,8003$4,2004$4,5005$4,530
$4,530
RENT COMPS ANALYSIS
  • 12048 E Yucca Street Scottsdale, AZ 5
    • 5 beds 4 baths ∙ 4,045 Sqft ∙ Built 2001 5 beds 4 baths ∙ 4,045 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $4,530
    • $1.12
    •  
  • 12229 E Cortez Drive Scottsdale, AZ 1
    • 5 beds 4 baths ∙ 4,159 Sqft ∙ Built 1995 5 beds 4 baths ∙ 4,159 Sqft ∙ Built 1995
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $0.91
    •  
  • 12055 E Mercer Lane Scottsdale, AZ 2
    • 6 beds 3 baths ∙ 3,804 Sqft ∙ Built 1999 6 beds 3 baths ∙ 3,804 Sqft ∙ Built 1999
    LEASED 06/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.00
    •  
  • 11743 N 125th Place Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 3,889 Sqft ∙ Built 1990 4 beds 4 baths ∙ 3,889 Sqft ∙ Built 1990
    LEASED 02/09/21
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.08
    •  
  • 11942 E Ironwood Drive Scottsdale, AZ 4
    • 5 beds 4 baths ∙ 3,885 Sqft ∙ Built 1996 5 beds 4 baths ∙ 3,885 Sqft ∙ Built 1996
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.16
    •  
PROPERTY LISTING DETAILS
Rachelle L Maurer
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199443
Last Updated: 02/26/2021
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.

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