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PROPERTY INFO
FACTS
- Single Family
- Built In 2022
- Price/Sqft : $221.32
- 6 Days on Market
- MLS # : 6179769
- Updated Date : 01/12/2021 at 01:24
CONSTRUCTION
- Beds : 5
- Floor Size : 4,066 sqft
- Baths : 4 full
Listing Agent
Morgan Taylor Realty
Listing Agent's Description
NEW HOME TO BE BUILT on 1.3 Acres of prestine desert land behind you with views of Pinnacle Peak and Cone Mountain to name a few, plus conveniently located in North Scottsdale. Spacious 4,066 s.f., 5bd/4ba floor plan, Entry Tower option, granite countertops, shaker style cabinets, premium wood plank tile flooring, designer lighting, many options to make this home fit your lifestyle, plus a 4-car garage!! New Built 4,066 s.f. home is included in this price. Thishome checks all the boxes! Energy-Efficient Luxury home.
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PRICE & RENT TRENDS
Neighborhood: Boulder Heights
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Boulder Heights
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,920 |
| EXPENSES | Loan Payment | -$3,126 |
| Property Tax | -$420 | |
| Property Insurance | -$106 | |
| HOA | -$2 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$833
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$899,900
PROJECTED PRICE
$2,920
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.2% |
| Maintenance Year (1-5) | 3.00% |
| 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
$240,474
LOAN DETAILS
$3,126
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $224,975 |
| Loan Amount | $674,925 |
1.17
YEARS SAVED
$4,695
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
-
$4,269
COMP ESTIMATED VALUE -
$1.05
COMP AVG. RENT PER SQFT
Comps Range
-
36815 N Boulder View Drive Scottsdale, AZ 1
- 5 beds 4 baths ∙ 4,066 Sqft ∙ Built 2022 5 beds 4 baths ∙ 4,066 Sqft ∙ Built 2022
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
37428 N 97th Way Scottsdale, AZ 2
- 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2006 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2006
![property image]()
LEASED 11/01/19- Rent
- Rent Per SQFT
- $4,200
- $1.05
-
36410 N Boulder View Drive Scottsdale, AZ 3
- 4 beds 5 baths ∙ 4,240 Sqft ∙ Built 2010 4 beds 5 baths ∙ 4,240 Sqft ∙ Built 2010
![property image]()
LEASED 12/01/20- Rent
- Rent Per SQFT
- $4,450
- $1.05
PROPERTY LISTING DETAILS
Morgan Taylor Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6179769
Last Updated: 01/12/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
