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19501 N 101st Street Scottsdale, AZ 85255

5 Beds 6 Baths 4,533 sqft Built 2007

$1,945,000

List Price

$6,380

$6.1K - $6.6K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 2007
  • Price/Sqft : $429.08
  • 5 Days on Market
  • MLS # : 6153996
  • Updated Date : 10/30/2020 at 17:59
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,533 sqft
  • Baths : 5 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Situated in the prestigious, 24 hour guard-gated Silverleaf community, this home was designed and built by world-renown Bing Hu, and is well-planned with custom, timeless finishes, authentic Spanish architecture and quality. Peaceful courtyard provides a warm welcome to the front entrance. Main level hosts Master suite, bedroom ensuite (or office) and a powder room. Open living/dining area offers gas fireplace, vaulted ceilings wetbar w/wine fridge, sink and beverage drawers, and looks out onto the private outdoor entertaining area with two fire pits. Uniquely positioned on the neighborhood stream provides a serene setting. Upper level boasts 2 additional guest bedrooms plus bath and huge loft/game room. Quintessential Arizona outdoor living with built in BBQ and

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Silverleaf

NeighborhoodNIR Market*CityMarket2010Year20002019200k400k600k800k1000k1200k1400k1600k1800k2000k2200kPrice in $122k2329k

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

Neighborhood: Silverleaf

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500500055006000650070007500Rent in $10457688

* 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
Copper Ridge School Primary Regular 1,089 55 8
Copper Ridge School Middle Regular 1,089 55 8
Chaparral High School High Regular 2,053 87 7

Copper Ridge School

  • Education Level: Primary
  • # of students: 1,089
  • # of teachers: 55
8
GreatSchools Rating

Copper Ridge School

  • Education Level: Middle
  • # of students: 1,089
  • # of teachers: 55
8
GreatSchools Rating

Chaparral High School

  • Education Level: High
  • # of students: 2,053
  • # of teachers: 87
7
GreatSchools Rating
 

$1,750,500$2,139,500$1,945,000

PURCHASE PRICE

$5,742$7,018$6,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $6,380
EXPENSES Loan Payment -$7,176
Property Tax -$1,191
Property Insurance -$115
HOA -$274
Property Management Fees -$99
CASH FLOW
-$2,476

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.

$1,945,000

PROJECTED PRICE

$6,380

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.7%
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$1.0M$2.0M$3.0M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$521,175

INVESTMENT

$521,175

Down Payment
$486,250
Rehab Estimate
$5,750
Closing Costs
$29,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$7,176

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $486,250
Loan Amount $1,458,750
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$1,189

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $6,380

    LIST RENT
  • $1.41

    LIST RENT PER SQFT
  • $6,346

    COMP ESTIMATED VALUE
  • $1.4

    COMP AVG. RENT PER SQFT
Comps Range
$4,300
1$4,3002$6,3803$7,0004$7,500
$7,500
RENT COMPS ANALYSIS
  • 19501 N 101st Street Scottsdale, AZ 2
    • 5 beds 6 baths ∙ 4,533 Sqft ∙ Built 2007 5 beds 6 baths ∙ 4,533 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $6,380
    • $1.41
    •  
  • 17998 N 100th Street Scottsdale, AZ 1
    • 5 beds 4 baths ∙ 4,457 Sqft ∙ Built 2007 5 beds 4 baths ∙ 4,457 Sqft ∙ Built 2007
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,300
    • $0.96
    •  
  • 19487 N 101st Street Scottsdale, AZ 3
    • 5 beds 6 baths ∙ 4,533 Sqft ∙ Built 2006 5 beds 6 baths ∙ 4,533 Sqft ∙ Built 2006
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $7,000
    • $1.54
    •  
  • 19417 N 101st Street Scottsdale, AZ 4
    • 5 beds 5 baths ∙ 4,421 Sqft ∙ Built 2006 5 beds 5 baths ∙ 4,421 Sqft ∙ Built 2006
    LEASED 07/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $7,500
    • $1.70
    •  
PROPERTY LISTING DETAILS
Lisa Westcott
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6153996
Last Updated: 10/30/2020
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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