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5222 E Angela Drive Scottsdale, AZ 85254

4 Beds 2 Baths 2,904 sqft Built 1997

$699,000

List Price

$3,300

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $240.70
  • 2 Days on Market
  • MLS # : 6202491
  • Updated Date : 03/13/2021 at 05:01
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,904 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

Beautiful home in the Magic Zip code of 85254 with no HOA! This home offers vaulted ceilings and an open feel throughout with large windows overlooking a lush backyard Oasis! The kitchen has NEWER stainless-steel appliances, granite countertops, instant hot water, and an eat in dining space with access to the beautiful outdoor patio. The backyard features a sparkling pebble tec pool and landscaping reminiscent of a secret garden. This oasis is perfect for entertaining and indoor/ outdoor living! This split floorplan offers an expansive Owners Suite, with an en suite bathroom and extra large walk-in closet.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Arabian Views

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $122k627k

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

Neighborhood: Arabian Views

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $10453312

* 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
Sunrise Middle School Middle Regular 492 23 7
Horizon High School High Regular 2,262 86 8
Sunrise Middle School Middle Unknown NA

Sunrise Middle School

  • Education Level: Middle
  • # of students: 492
  • # of teachers: 23
7
GreatSchools Rating

Horizon High School

  • Education Level: High
  • # of students: 2,262
  • # of teachers: 86
8
GreatSchools Rating

Sunrise Middle School

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

$629,100$768,900$699,000

PURCHASE PRICE

$2,970$3,630$3,300

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,300
EXPENSES Loan Payment -$2,428
Property Tax -$523
Property Insurance -$84
Property Management Fees -$99
CASH FLOW
$166

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.

$699,000

PROJECTED PRICE

$3,300

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.3%
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$0.0$5.0k$10k$15k$20k$25k$30k$35k

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$190,985

INVESTMENT

$190,985

Down Payment
$174,750
Rehab Estimate
$5,750
Closing Costs
$10,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$2,428

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $174,750
Loan Amount $524,250
See What Happens When You Reinvest Cash Flow

6.5

YEARS SAVED

$53,866

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,300

    LIST RENT
  • $1.14

    LIST RENT PER SQFT
  • $3,332

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$2,800
1$2,8002$3,3003$3,5004$3,5005$3,845
$3,845
RENT COMPS ANALYSIS
  • 5222 E Angela Drive Scottsdale, AZ 2
    • 4 beds 2 baths ∙ 2,904 Sqft ∙ Built 1997 4 beds 2 baths ∙ 2,904 Sqft ∙ Built 1997
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.14
    •  
  • 4954 E Aire Libre Avenue Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,005 Sqft ∙ Built 1990 4 beds 3 baths ∙ 3,005 Sqft ∙ Built 1990
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.93
    •  
  • 5247 E Anderson Drive Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 3,064 Sqft ∙ Built 1998 5 beds 4 baths ∙ 3,064 Sqft ∙ Built 1998
    property image
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.14
    •  
  • 5927 E Woodridge Drive Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 3,024 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,024 Sqft ∙ Built 1998
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.16
    •  
  • 5676 E Sandra Terrace Scottsdale, AZ 5
    • 4 beds 4 baths ∙ 2,832 Sqft ∙ Built 1991 4 beds 4 baths ∙ 2,832 Sqft ∙ Built 1991
    property image
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,845
    • $1.36
    •  
PROPERTY LISTING DETAILS
Jennifer S Nelson
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202491
Last Updated: 03/13/2021
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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