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

13633 E Montgomery Road Scottsdale, AZ 85262

6 Beds 4 Baths 4,022 sqft Built 2004

$1,050,000

List Price

$4,650

$4.4K - $4.9K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $261.06
  • 2 Days on Market
  • MLS # : 6187582
  • Updated Date : 01/30/2021 at 03:38
CONSTRUCTION
  • Beds : 6
  • Floor Size : 4,022 sqft
  • Baths : 4 full
Listing Agent

Realty One Group

Listing Agent's Description

Million Dollar Views! Low taxes! Beautiful Estate situated on an oversized acre +. Soaring ceilings, handsome stone floors, window shades, welcoming palette, round wall in formal dining room, upgraded lighting. Decorative sweeping wrought iron railing to 2nd level w/plush carpet. Built-in decorative shelves, cozy fireplace, art niches, coffered ceilings, & upgraded ceiling fans. Bay window in breakfast nook, center kitchen island, breakfast bar, granite counters, tile backsplash, SS appliances, pantry, & plenty of wood cabinets. French door to patio, generous size bedrooms, large closets, & guest bedroom on first level. Cozy loft area is perfect for reading. Private balcony access from 2nd level, upscale baths w/designer touches, & spacious laundry room with extra storage and cabinets.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85262

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800kPrice in $122k858k

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

Zip Code: 85262

ZipNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453760

* 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
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8
Sonoran Trails Middle School Middle Unknown NA

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students: 841
  • # of teachers: 39
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$4,185$5,115$4,650

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,650
EXPENSES Loan Payment -$3,647
Property Tax -$353
Property Insurance -$100
Property Management Fees -$99
CASH FLOW
$451

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.

$1,050,000

PROJECTED PRICE

$4,650

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.2%
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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,647

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$105,868

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,650

    LIST RENT
  • $1.24

    LIST RENT PER SQFT
  • $5,427

    COMP ESTIMATED VALUE
  • $1.45

    COMP AVG. RENT PER SQFT
Comps Range
$4,650
1$4,6502$5,250
$5,250
RENT COMPS ANALYSIS
  • 13633 E Montgomery Road Scottsdale, AZ 1
    • 6 beds 4 baths ∙ 3,743 Sqft ∙ Built 2004 6 beds 4 baths ∙ 3,743 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,650
    • $1.24
    •  
  • 13630 E Bobwhite Way Scottsdale, AZ 2
    • 5 beds 3 baths ∙ 3,613 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,613 Sqft ∙ Built 2006
    property image
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,250
    • $1.45
    •  
PROPERTY LISTING DETAILS
Terra Morales
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187582
Last Updated: 01/30/2021
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