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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $357.05
- 2 Days on Market
- MLS # : 6203486
- Updated Date : 03/06/2021 at 16:35
CONSTRUCTION
- Beds : 4
- Floor Size : 3,851 sqft
- Baths : 3 full , 1 half
Listing Agent
Dpr Realty Llc
Listing Agent's Description
Beautiful contemporary southwestern-style home with outstanding views. Circular drive, unique iron entry doors, and a courtyard that entertainers will love. The living room's 16' ceilings & semicircular windows showcase a stunning vista of Troon Mountain, while the large family room highlights Pinnacle Peak beyond the negative edge pool. Upgraded stainless steel appliances, with nice touches like a built-in wine refrigerator, trash compactor, Miele coffee system, & central vacuum. Irish wool carpeting and travertine floors throughout. The large owner's suite to the east, with another large suite & guest bedroom to the west. The fourth bedroom, currently used as a den, has built-in cabinetry, a closet, & direct-access to a 3/4 bath. Golf and hiking are just minutes away. Welcome home!
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PRICE & RENT TRENDS
Neighborhood: Sonoran Highlands
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sonoran Highlands
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,460 |
| EXPENSES | Loan Payment | -$4,776 |
| Property Tax | -$642 | |
| Property Insurance | -$102 | |
| HOA | -$17 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,176
|
||
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.
$1,375,000
PROJECTED PRICE
$4,460
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.5% |
| 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
$370,125
LOAN DETAILS
$4,776
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $343,750 |
| Loan Amount | $1,031,250 |
1.42
YEARS SAVED
$9,576
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
-
$6,239
COMP ESTIMATED VALUE -
$1.62
COMP AVG. RENT PER SQFT
Comps Range
-
24200 N Alma School Road #17 Scottsdale, AZ 1
- 4 beds 4 baths ∙ 3,851 Sqft ∙ Built 1996 4 beds 4 baths ∙ 3,851 Sqft ∙ Built 1996
- Rent
- Rent Per SQFT
- $0
- $0.00
-
25807 N 104th Way Scottsdale, AZ 2
- 3 beds 5 baths ∙ 3,694 Sqft ∙ Built 1995 3 beds 5 baths ∙ 3,694 Sqft ∙ Built 1995
LEASED 12/11/20- Rent
- Rent Per SQFT
- $6,000
- $1.62
PROPERTY LISTING DETAILS
Dpr Realty Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203486
Last Updated: 03/06/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
