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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $371.11
- 3 Days on Market
- MLS # : 6183163
- Updated Date : 01/23/2021 at 20:29
CONSTRUCTION
- Beds : 4
- Floor Size : 3,759 sqft
- Baths : 4 full , 1 half
Listing Agent
North & Co
Listing Agent's Description
''Atrio'' - Privately tucked behind the gates of the award-winning Bocara community by Camelot Homes, this stunningly designed home borders a desert wash with no homes directly behind. This floor plan is known for its true indoor/outdoor livability, beginning the moment you step through the front entry to the interior courtyard and continuing to the views of the sparkling pool beyond. Centering around the courtyard, the functional floor plan offers four bedrooms, each with en-suite baths and walk-in closets, a spacious home office with custom built-ins, and a convenient bonus/flex room.
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PRICE & RENT TRENDS
Neighborhood: Pinnacle Peak
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pinnacle Peak
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,820 |
| EXPENSES | Loan Payment | -$4,845 |
| Property Tax | -$1,038 | |
| Property Insurance | -$100 | |
| HOA | -$170 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,433
|
||
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.
$1,395,000
PROJECTED PRICE
$4,820
PROJECTED RENT
0.35%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.5% |
| 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
$375,425
LOAN DETAILS
$4,845
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $348,750 |
| Loan Amount | $1,046,250 |
0.58
YEARS SAVED
$2,647
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$4,802
COMP ESTIMATED VALUE -
$1.28
COMP AVG. RENT PER SQFT
Comps Range
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24422 N 73rd Street Scottsdale, AZ 1
- 4 beds 5 baths ∙ 3,759 Sqft ∙ Built 2016 4 beds 5 baths ∙ 3,759 Sqft ∙ Built 2016
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- Rent
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- $0
- $0.00
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22163 N 78th Street Scottsdale, AZ 2
- 4 beds 4 baths ∙ 3,483 Sqft ∙ Built 1999 4 beds 4 baths ∙ 3,483 Sqft ∙ Built 1999
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LEASED 03/01/20- Rent
- Rent Per SQFT
- $4,000
- $1.15
-
24809 N 84th Street Scottsdale, AZ 3
- 5 beds 4 baths ∙ 4,008 Sqft ∙ Built 1996 5 beds 4 baths ∙ 4,008 Sqft ∙ Built 1996
![property image]()
LEASED 12/07/19- Rent
- Rent Per SQFT
- $4,500
- $1.12
-
24531 N 77th Street Scottsdale, AZ 4
- 3 beds 4 baths ∙ 3,424 Sqft ∙ Built 2000 3 beds 4 baths ∙ 3,424 Sqft ∙ Built 2000
![property image]()
LEASED 10/01/19- Rent
- Rent Per SQFT
- $5,000
- $1.46
-
7967 E Camino Vivaz -- Scottsdale, AZ 5
- 5 beds 4 baths ∙ 3,910 Sqft ∙ Built 2002 5 beds 4 baths ∙ 3,910 Sqft ∙ Built 2002
![property image]()
LEASED 10/26/20- Rent
- Rent Per SQFT
- $5,400
- $1.38
PROPERTY LISTING DETAILS
North & Co
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6183163
Last Updated: 01/23/2021
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.
