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4549 E Sleepy Ranch Road Cave Creek, AZ 85331

3 Beds 2 Baths 2,366 sqft Built 2002

$549,000

List Price

$2,080

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2002
  • Price/Sqft : $232.04
  • 2 Days on Market
  • MLS # : 6154723
  • Updated Date : 11/07/2020 at 09:44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,366 sqft
  • Baths : 2 full
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Welcome to Ventana gated private Community! This single story 3 car garage plan is situated on a phenomenal lot, with huge NAOS to the back and west side of the home, it's a rare find with exceptional privacy. Entering the home thru foyer with formal dining room thru to huge great room, featuring chef's kitchen- Kitchen Aid appliances- 5 burner gas stove top, Built in Microwave, Fridge, Dual ovens Dishwasher and RO System. Split plan has master on one side, and on the other 2 bedrooms, Office/ Den/ 4th Bedroom and bath. Fabulous backyard is surrounded by NAOS has large covered deck, Built-in outdoor kitchen, vast patio areas and grass that would be ideal for future pool.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ashler Hills Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $122k513k

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

Neighborhood: Ashler Hills Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452390

* 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
Lone Mountain Elementary School Primary Regular 589 31 9
Lone Mountain Elementary School Middle Regular 589 31 9
Cactus Shadows High School High Regular 1,704 70 8

Lone Mountain Elementary School

  • Education Level: Primary
  • # of students: 589
  • # of teachers: 31
9
GreatSchools Rating

Lone Mountain Elementary School

  • Education Level: Middle
  • # of students: 589
  • # of teachers: 31
9
GreatSchools Rating

Cactus Shadows High School

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

$494,100$603,900$549,000

PURCHASE PRICE

$1,872$2,288$2,080

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,080
EXPENSES Loan Payment -$2,026
Property Tax -$268
Property Insurance -$73
HOA -$14
Property Management Fees -$99
CASH FLOW
-$400

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.

$549,000

PROJECTED PRICE

$2,080

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.4%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,235

INVESTMENT

$151,235

Down Payment
$137,250
Rehab Estimate
$5,750
Closing Costs
$8,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,026

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,250
Loan Amount $411,750
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$9,103

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,080

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $2,514

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$2,080
1$2,0802$2,2503$2,3004$2,7005$2,900
$2,900
RENT COMPS ANALYSIS
  • 4549 E Sleepy Ranch Road Cave Creek, AZ 1
    • 3 beds 2 baths ∙ 2,366 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,366 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $2,080
    • $0.88
    •  
  • 4537 E Thunder Hawk Road Cave Creek, AZ 2
    • 3 beds 2 baths ∙ 2,378 Sqft ∙ Built 2001 3 beds 2 baths ∙ 2,378 Sqft ∙ Built 2001
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.95
    •  
  • 4443 E Sierra Sunset Trail Cave Creek, AZ 3
    • 3 beds 2 baths ∙ 2,437 Sqft ∙ Built 2000 3 beds 2 baths ∙ 2,437 Sqft ∙ Built 2000
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.94
    •  
  • 4605 E Red Range Way Cave Creek, AZ 4
    • 4 beds 3 baths ∙ 2,324 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,324 Sqft ∙ Built 2002
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.16
    •  
  • 4417 E Smokehouse Trail Cave Creek, AZ 5
    • 4 beds 3 baths ∙ 2,412 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,412 Sqft ∙ Built 2000
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.20
    •  
PROPERTY LISTING DETAILS
Brian Chisholm
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154723
Last Updated: 11/07/2020
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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