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17763 E Wolf Tree Lane Rio Verde, AZ 85263

2 Beds 3 Baths 2,441 sqft Built 2019

$734,900

List Price

$2,780

$2.5K - $3K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
November 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $301.07
  • 1 Days on Market
  • MLS # : 6162766
  • Updated Date : 11/21/2020 at 18:41
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,441 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

Look no further, this highly upgraded 2 bed+den, 2.5 bath home with breathtaking mountain views is waiting for you to call home! Open floor plan, front room has optional surround sound, complete with built-in wine rack and two mini wine refrigerators, for the ultimate experience open the wall of sliding glass doors allowing you to enjoy your indoor and outdoor living space. Kitchen has granite counters with island, Stainless Steel appliances, 42'' cabinets, back splash, huge pantry, eat-in kitchen. Head into your private owners suite with bay windows, a fully upgraded bathroom that has dual sinks, soaking tub, walk-in shower, private toilet and a huge walk-in close. Guest bedroom has it's own en-suite bathroom.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Vista Verde

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650kPrice in $122k690k

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

Neighborhood: Vista Verde

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10452612

* 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
Four Peaks Elementary School Primary Regular 243 9 6
Fountain Hills Middle School Middle Regular 372 22 7
Fountain Hills High School High Regular 617 31 7

Four Peaks Elementary School

  • Education Level: Primary
  • # of students: 243
  • # of teachers: 9
6
GreatSchools Rating

Fountain Hills Middle School

  • Education Level: Middle
  • # of students: 372
  • # of teachers: 22
7
GreatSchools Rating

Fountain Hills High School

  • Education Level: High
  • # of students: 617
  • # of teachers: 31
7
GreatSchools Rating
 

$661,410$808,390$734,900

PURCHASE PRICE

$2,502$3,058$2,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,780
EXPENSES Loan Payment -$2,711
Property Tax -$476
Property Insurance -$75
HOA -$123
Property Management Fees -$99
CASH FLOW
-$704

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$734,900

PROJECTED PRICE

$2,780

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 3.00%
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-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$196,749

INVESTMENT

$196,749

Down Payment
$183,725
Rehab Estimate
$2,000
Closing Costs
$11,024

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,711

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $183,725
Loan Amount $551,175
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$4,321

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $2,783

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,500
$2,500
RENT COMPS ANALYSIS
  • 17763 E Wolf Tree Lane Rio Verde, AZ 1
    • 2 beds 3 baths ∙ 2,441 Sqft ∙ Built 2019 2 beds 3 baths ∙ 2,441 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17905 E Cindercone Road Rio Verde, AZ 2
    • 2 beds 2 baths ∙ 2,200 Sqft ∙ Built 2019 2 beds 2 baths ∙ 2,200 Sqft ∙ Built 2019
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.14
    •  
PROPERTY LISTING DETAILS
Kim Panozzo
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162766
Last Updated: 11/21/2020
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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