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3747 E Villa Cassandra Way Cave Creek, AZ 85331

4 Beds 3 Baths 3,079 sqft Built 2003

$728,000

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $236.44
  • 4 Days on Market
  • MLS # : 6186526
  • Updated Date : 01/30/2021 at 00:49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,079 sqft
  • Baths : 3 full
Listing Agent

Realty Executives

Listing Agent's Description

Take a look at this great acre plus property with a pool. 3079 sq ft home with 4 bedrooms and 2.75 baths. Big kitchen open to the family room, separate dining room and living room. Large master bedroom with attached seating area and a separate exit to the back patio. Master has ensuite bath with separate tub and shower, double bath vanities and full length mirror. 4th bedroom has a closet so it could be used as a den off the front entry. Back yard has a pool with a slide, firepit and view fencing of the desert landscape.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sierra Vista

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650kPrice in $122k665k

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

Neighborhood: Sierra Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10452618

* 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
Boulder Creek High School High Regular 2,639 105 6
Boulder Creek High School High Unknown NA

Boulder Creek High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 105
6
GreatSchools Rating

Boulder Creek High School

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

$655,200$800,800$728,000

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$2,529
Property Tax -$426
Property Insurance -$87
HOA -$65
Property Management Fees -$99
CASH FLOW
-$406

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.

$728,000

PROJECTED PRICE

$2,800

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.9%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$198,670

INVESTMENT

$198,670

Down Payment
$182,000
Rehab Estimate
$5,750
Closing Costs
$10,920

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,529

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $182,000
Loan Amount $546,000
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$13,339

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
  • $3,618

    COMP ESTIMATED VALUE
  • $1.18

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1003$3,400
$3,400
RENT COMPS ANALYSIS
  • 3747 E Villa Cassandra Way Cave Creek, AZ 1
    • 4 beds 3 baths ∙ 3,079 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,079 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 33825 N Pate Place Cave Creek, AZ 2
    • 5 beds 3 baths ∙ 2,769 Sqft ∙ Built 2002 5 beds 3 baths ∙ 2,769 Sqft ∙ Built 2002
    LEASED 10/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.12
    •  
  • 33824 N Pate Place Cave Creek, AZ 3
    • 5 beds 3 baths ∙ 2,769 Sqft ∙ Built 2002 5 beds 3 baths ∙ 2,769 Sqft ∙ Built 2002
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.23
    •  
PROPERTY LISTING DETAILS
David Olason
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186526
Last Updated: 01/30/2021
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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