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29633 N 105th Way Scottsdale, AZ 85262

4 Beds 5 Baths 4,582 sqft Built 2003

$1,499,000

List Price

$5,470

$5.2K - $5.7K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $327.15
  • 35 Days on Market
  • MLS # : 6148793
  • Updated Date : 11/17/2020 at 16:40
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,582 sqft
  • Baths : 4 full , 1 half
Listing Agent

Walt Danley Christie's International Real Estate

Listing Agent's Description

This stunning custom built home is located in the prestigious and quiet gated community of Talus at Troon North.If your client appreciates the finest in craftsmanship they will enjoy this masterfully inspired architecture. This home features fourbedrooms and bathrooms, a custom built out office with library and master bedroom that includes fireplace floor to ceiling windows his andhers walk in closets and stackable washer/dryer.No detail has been overlooked such as the expansive living and great room with fireplace and windows that overlook the beautiful outdoorliving area that showcases a saltwater pool & spa, built in BBQ area and fire place all with views of Troon Mountain.

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PRICE & RENT TRENDS

Neighborhood: Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750k800kPrice in $122k813k

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

Neighborhood: Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453693

* 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
 

$1,349,100$1,648,900$1,499,000

PURCHASE PRICE

$4,923$6,017$5,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,470
EXPENSES Loan Payment -$5,531
Property Tax -$774
Property Insurance -$116
HOA -$14
Property Management Fees -$99
CASH FLOW
-$1,064

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.

$1,499,000

PROJECTED PRICE

$5,470

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 4.5%
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$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$402,985

INVESTMENT

$402,985

Down Payment
$374,750
Rehab Estimate
$5,750
Closing Costs
$22,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$5,531

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $374,750
Loan Amount $1,124,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$23,695

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
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$0
1$0
$0
RENT COMPS ANALYSIS
  • 29633 N 105th Way Scottsdale, AZ
    • 4 beds 5 baths ∙ 4,582 Sqft ∙ Built 2003 4 beds 5 baths ∙ 4,582 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
PROPERTY LISTING DETAILS
Colette M Potter-bunch
Walt Danley Christie's International Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6148793
Last Updated: 11/17/2020
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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