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26450 N 106th Way Scottsdale, AZ 85255

4 Beds 5 Baths 4,357 sqft Built 1991

$1,950,000

List Price

$6,540

$6.3K - $6.8K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 1991
  • Price/Sqft : $447.56
  • 6 Days on Market
  • MLS # : 6155420
  • Updated Date : 11/04/2020 at 16:51
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,357 sqft
  • Baths : 4 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

LOCATION and VIEWS in Windy Walk Estates! Beautiful custom home situated between holes #3 and #4 at Troon Country Club with views from every window and no interior steps! An entertainers delight with open floor plan, high-end appliances and large kitchen/great room that opens to the large, spacious backyard with Lynx BBQ, pool, spa and large putting green. 4 bedrooms and 4 1/2 bathrooms with casita, temperature controlled wine room and travertine floors! This home is a must see, please call and make an appointment today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Windy Walk Estates

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $122k1434k

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

Neighborhood: Windy Walk Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500500055006000Rent in $10456132

* 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
Desert Sun Elementary School Primary Regular 416 22 6
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Desert Sun Elementary School

  • Education Level: Primary
  • # of students: 416
  • # of teachers: 22
6
GreatSchools Rating

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students: 841
  • # of teachers: 39
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating
 

$1,755,000$2,145,000$1,950,000

PURCHASE PRICE

$5,886$7,194$6,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $6,540
EXPENSES Loan Payment -$7,195
Property Tax -$911
Property Insurance -$112
HOA -$11
Property Management Fees -$99
CASH FLOW
-$1,787

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$1,950,000

PROJECTED PRICE

$6,540

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.5%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
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-$20k$0.0$20k$40k

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$522,500

INVESTMENT

$522,500

Down Payment
$487,500
Rehab Estimate
$5,750
Closing Costs
$29,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$7,195

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $487,500
Loan Amount $1,462,500
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$15,142

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
  • $5,773

    COMP ESTIMATED VALUE
  • $1.33

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,0003$6,700
$6,700
RENT COMPS ANALYSIS
  • 26450 N 106th Way Scottsdale, AZ 1
    • 4 beds 5 baths ∙ 4,357 Sqft ∙ Built 1991 4 beds 5 baths ∙ 4,357 Sqft ∙ Built 1991
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11557 E Four Peaks Road Scottsdale, AZ 2
    • 5 beds 6 baths ∙ 4,587 Sqft ∙ Built 2002 5 beds 6 baths ∙ 4,587 Sqft ∙ Built 2002
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.09
    •  
  • 27122 N 112th Place Scottsdale, AZ 3
    • 3 beds 4 baths ∙ 4,288 Sqft ∙ Built 2010 3 beds 4 baths ∙ 4,288 Sqft ∙ Built 2010
    LEASED 09/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $6,700
    • $1.56
    •  
PROPERTY LISTING DETAILS
Jane Grimm
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155420
Last Updated: 11/04/2020
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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