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13209 N 101st Place Scottsdale, AZ 85260

5 Beds 4 Baths 3,099 sqft Built 1988

$675,000

List Price

$3,200

$3K - $3.5K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $217.81
  • 3 Days on Market
  • MLS # : 6159791
  • Updated Date : 11/13/2020 at 12:13
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,099 sqft
  • Baths : 3 full , 1 half
Listing Agent

Ensign Properties Corp

Listing Agent's Description

Amazing 5 Bedroom 3.5 Bath Home with Pool/Spa in 'Mountainview Ranch'! Offering spacious Living & Family Rooms for Entertaining. White Cabinets in the Kitchen with Granite Counter Tops and Stainless Appliances. Large Bedrooms with Plenty of Storage throughout. Sparkling Heated Pool & Spa. 3 Car Garage. Close to Schools, Shopping and Freeways. A Must See!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mountainview Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k465k

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

Neighborhood: Mountainview Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10452993

* 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
 

$607,500$742,500$675,000

PURCHASE PRICE

$2,880$3,520$3,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,200
EXPENSES Loan Payment -$2,490
Property Tax -$316
Property Insurance -$88
HOA -$36
Property Management Fees -$99
CASH FLOW
$171

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.

$675,000

PROJECTED PRICE

$3,200

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.9%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k$35k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$184,625

INVESTMENT

$184,625

Down Payment
$168,750
Rehab Estimate
$5,750
Closing Costs
$10,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$2,490

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $168,750
Loan Amount $506,250
See What Happens When You Reinvest Cash Flow

7

YEARS SAVED

$66,670

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,200

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $3,440

    COMP ESTIMATED VALUE
  • $1.11

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,2003$3,2504$3,2955$4,000
$4,000
RENT COMPS ANALYSIS
  • 13209 N 101st Place Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 3,099 Sqft ∙ Built 1988 5 beds 4 baths ∙ 3,099 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.03
    •  
  • 13080 N 102nd Place Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,139 Sqft ∙ Built 1987 4 beds 3 baths ∙ 3,139 Sqft ∙ Built 1987
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.02
    •  
  • 9995 E Cactus Road Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 2,974 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,974 Sqft ∙ Built 1977
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.09
    •  
  • 10334 E Acoma Drive Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 3,064 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,064 Sqft ∙ Built 1999
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,295
    • $1.08
    •  
  • 9669 E Davenport Drive Scottsdale, AZ 5
    • 5 beds 3 baths ∙ 3,206 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,206 Sqft ∙ Built 1994
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.25
    •  
PROPERTY LISTING DETAILS
Allen R Willis
Ensign Properties Corp
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159791
Last Updated: 11/13/2020
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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