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PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $284.48
- 3 Days on Market
- MLS # : 6178510
- Updated Date : 01/09/2021 at 03:14
CONSTRUCTION
- Beds : 3
- Floor Size : 2,197 sqft
- Baths : 2 full , 1 half
Listing Agent
Dpr Realty Llc
Listing Agent's Description
Welcome to this stunning 3bed/2.5bath plus office/den cul-de-sac home tucked into the highly desirable N. Scottsdale area. The pristine curb appeal with oversize 3 car garage leading into the exquisite interior with tile flooring, gas fireplace and a fluid open floorplan. Open kitchen boasts granite counter tops, stainless steel appliances, stylish tile backsplash and a huge center island with breakfast bar seating, making it ideal for gathering with friends and family. Spacious master retreat includes private en suite with dual vanities, oversized glass framed shower and stunning custom walk in closet. Step out to the amazing outdoor entertaining space complete with covered patio, sparkling pool w/water feature and large grassy area. This one has it all! See it today.
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PRICE & RENT TRENDS
Neighborhood: Sonoran Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sonoran Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,080 |
| EXPENSES | Loan Payment | -$2,171 |
| Property Tax | -$465 | |
| Property Insurance | -$70 | |
| HOA | -$13 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$738
|
||
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.
$625,000
PROJECTED PRICE
$2,080
PROJECTED RENT
0.33%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$171,375
LOAN DETAILS
$2,171
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $156,250 |
| Loan Amount | $468,750 |
0.33
YEARS SAVED
$433
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,080
LIST RENT -
$0.95
LIST RENT PER SQFT
-
$2,076
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
22340 N 77th Street Scottsdale, AZ 3
- 3 beds 3 baths ∙ 2,197 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,197 Sqft ∙ Built 1998
![property image]()
- Rent
- Rent Per SQFT
- $2,080
- $0.95
-
7500 E Deer Valley Road #155 Scottsdale, AZ 1
- 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 1999
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LEASED 10/15/20- Rent
- Rent Per SQFT
- $1,925
- $0.88
-
7500 E Deer Valley Road #98 Scottsdale, AZ 2
- 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 2000
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LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,950
- $0.89
-
7500 E Deer Valley Road #48 Scottsdale, AZ 4
- 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 1999
![property image]()
LEASED 10/20/20- Rent
- Rent Per SQFT
- $2,175
- $1.00
-
7500 E Deer Valley Road #165 Scottsdale, AZ 5
- 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,184 Sqft ∙ Built 2000
![property image]()
LEASED 07/04/20- Rent
- Rent Per SQFT
- $2,200
- $1.01
PROPERTY LISTING DETAILS
Dpr Realty Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6178510
Last Updated: 01/09/2021
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.
