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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $335.86
- 1 Days on Market
- MLS # : 6193394
- Updated Date : 02/14/2021 at 01:08
CONSTRUCTION
- Beds : 4
- Floor Size : 3,424 sqft
- Baths : 3 full , 1 half
Listing Agent
Walt Danley Christie's International Real Estate
Listing Agent's Description
A large inviting entry takes you into this move in ready home ! Zero deferred maintenance. Many upgrades throughout since owners took ownership. Painted inside and out, new garage floor, back yard has many upgrades. Very peaceful setting for this large family home. Clients are willing to sell all furniture. FIRPTA will apply on this transaction.PRE MARKET OPEN HOUSE - SUNDAY 14th - 12-2pm**** No showings until the open house ****
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PRICE & RENT TRENDS
Neighborhood: Pinnacle Reserve East
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pinnacle Reserve East
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,750 |
| EXPENSES | Loan Payment | -$3,994 |
| Property Tax | -$856 | |
| Property Insurance | -$94 | |
| HOA | -$24 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,317
|
||
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.
$1,150,000
PROJECTED PRICE
$3,750
PROJECTED RENT
0.33%
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
$310,500
LOAN DETAILS
$3,994
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $287,500 |
| Loan Amount | $862,500 |
0.33
YEARS SAVED
$1,007
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
-
$3,929
COMP ESTIMATED VALUE -
$1.15
COMP AVG. RENT PER SQFT
Comps Range
-
24426 N 77th Street Scottsdale, AZ 1
- 4 beds 4 baths ∙ 3,424 Sqft ∙ Built 2001 4 beds 4 baths ∙ 3,424 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $0
- $0.00
-
23415 N 81st Street Scottsdale, AZ 2
- 3 beds 3 baths ∙ 3,366 Sqft ∙ Built 1996 3 beds 3 baths ∙ 3,366 Sqft ∙ Built 1996
LEASED 05/19/20- Rent
- Rent Per SQFT
- $3,650
- $1.08
-
7642 E La Junta Road Scottsdale, AZ 3
- 3 beds 3 baths ∙ 3,401 Sqft ∙ Built 1997 3 beds 3 baths ∙ 3,401 Sqft ∙ Built 1997
LEASED 09/12/19- Rent
- Rent Per SQFT
- $3,850
- $1.13
-
22163 N 78th Street Scottsdale, AZ 4
- 4 beds 4 baths ∙ 3,483 Sqft ∙ Built 1999 4 beds 4 baths ∙ 3,483 Sqft ∙ Built 1999
LEASED 03/01/20- Rent
- Rent Per SQFT
- $4,000
- $1.15
-
22218 N La Senda Drive Scottsdale, AZ 5
- 3 beds 4 baths ∙ 3,673 Sqft ∙ Built 1992 3 beds 4 baths ∙ 3,673 Sqft ∙ Built 1992
LEASED 01/01/20- Rent
- Rent Per SQFT
- $4,500
- $1.23
PROPERTY LISTING DETAILS
Walt Danley Christie's International Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193394
Last Updated: 02/14/2021
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.
