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13663 E Windrose Drive Scottsdale, AZ 85259

4 Beds 6 Baths 5,088 sqft Built 1999

$1,375,000

List Price

$6,560

$6.3K - $6.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $270.24
  • 7 Days on Market
  • MLS # : 6194439
  • Updated Date : 02/15/2021 at 11:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 5,088 sqft
  • Baths : 6 full
Listing Agent

Realty Executives

Listing Agent's Description

Panoramic city light and mountain views on incredibly private mountainside lot with neighbor only on one side, huge canyon/NAOS on other sides . As you enter, there are expansive walls of glass with automated sunscreens that open to viewing decks. Lives like a single level home with kitchen, family room, living and dining room, powder room, bar, office , master suite and laundry on entry level . Lower walk out level has 2 bedrooms with ensuite baths, another powder room, game room, media area and second wet bar! Gourmet kitchen with Viking range, double ovens and wine cooler. Master suite has its own deck! Entertaining backyard with negative edge pool and spa, swim up bar, BBQ, fireplace and flagstone patios. This house has everything you'll ever need and everyday is like a vacation

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Scottsdale Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Scottsdale Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500Rent in $10454655

* 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
 

$1,237,500$1,512,500$1,375,000

PURCHASE PRICE

$5,904$7,216$6,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $6,560
EXPENSES Loan Payment -$4,776
Property Tax -$788
Property Insurance -$126
HOA -$21
Property Management Fees -$99
CASH FLOW
$750

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.

$1,375,000

PROJECTED PRICE

$6,560

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 1.0%
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$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$10k$20k$30k$40k$50k$60k$70k$80k

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$370,125

INVESTMENT

$370,125

Down Payment
$343,750
Rehab Estimate
$5,750
Closing Costs
$20,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$4,776

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $343,750
Loan Amount $1,031,250
See What Happens When You Reinvest Cash Flow

8.17

YEARS SAVED

$149,937

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $6,560

    LIST RENT
  • $1.29

    LIST RENT PER SQFT
  • $5,699

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$5,400
1$5,4002$6,560
$6,560
RENT COMPS ANALYSIS
  • 13663 E Windrose Drive Scottsdale, AZ 2
    • 4 beds 6 baths ∙ 5,088 Sqft ∙ Built 1999 4 beds 6 baths ∙ 5,088 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $6,560
    • $1.29
    •  
  • 12141 N Sunset Vista Drive Fountain Hills, AZ 1
    • 5 beds 5 baths ∙ 4,800 Sqft ∙ Built 2007 5 beds 5 baths ∙ 4,800 Sqft ∙ Built 2007
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,400
    • $1.13
    •  
PROPERTY LISTING DETAILS
Rosann Clementino
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6194439
Last Updated: 02/15/2021
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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