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28321 N 154th Street Scottsdale, AZ 85262

4 Beds 4 Baths 3,567 sqft Built 2003

$748,000

List Price

$3,530

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $209.70
  • 7 Days on Market
  • MLS # : 6192153
  • Updated Date : 02/19/2021 at 20:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,567 sqft
  • Baths : 3 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

Views! Views! VIEWS! Amazing 1 acre+ lot.. Unobstructed Views of Four Peaks & National Forest Views! OWNED SOLAR and LEDs. 4 bed, 3.5 bath, plus den. All bedrooms ENSUITE! Two Master Suites.. perfect for Inlaw Unit or attached guest quarters! Circular driveway with fountain leads you to stone/slate portico. Pavered courtyard and glass double entry doors. Gourmet kitchen w/SS prof appliances. 250+ bottle wine room. Oversized 3+ car garage - 1500 sq ft 3 garage bays.. but can fit 4 to 5 cars. Extended height and length! Expansive covered patios w/built-in grill. Luxurious master suite w/sweeping mountain views. Two-way fireplace in FR/DR. Oversized walk-in closets. Guest BR w/separate exit. Central Vac. Plenty of room for pool/horses. Gorgeous Arizona retreat!!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85262

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800kPrice in $122k858k

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

Zip Code: 85262

ZipNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453760

* 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
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8
Sonoran Trails Middle School Middle Unknown NA

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

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$673,200$822,800$748,000

PURCHASE PRICE

$3,177$3,883$3,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,530
EXPENSES Loan Payment -$2,598
Property Tax -$252
Property Insurance -$97
Property Management Fees -$99
CASH FLOW
$485

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.

$748,000

PROJECTED PRICE

$3,530

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.2%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$10k$20k$30k$40k$50k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$203,970

INVESTMENT

$203,970

Down Payment
$187,000
Rehab Estimate
$5,750
Closing Costs
$11,220

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$2,598

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $187,000
Loan Amount $561,000
See What Happens When You Reinvest Cash Flow

9

YEARS SAVED

$92,478

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
  • $3,567

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,500
$3,500
RENT COMPS ANALYSIS
  • 28321 N 154th Street Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,567 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,567 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 29525 N 164th Place Scottsdale, AZ 2
    • 3 beds 3 baths ∙ 3,495 Sqft ∙ Built 2006 3 beds 3 baths ∙ 3,495 Sqft ∙ Built 2006
    property image
    LEASED 12/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.00
    •  
PROPERTY LISTING DETAILS
Shannon Quagliata
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6192153
Last Updated: 02/19/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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