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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $521.76
- 2 Days on Market
- MLS # : CC40930942
- Updated Date : 12/05/2020 at 20:57
CONSTRUCTION
- Beds : 4
- Floor Size : 2,137 sqft
- Baths : 2 full , 1 half
Listing Agent
Compass
Listing Agent's Description
Rarely available detached Scottsdale model overlooking the lush greenbelt in the heart of Crow Canyon Country Club. A sun-drenched atrium adds natural light to the single level home featuring 4 bedrooms and 2.5 bathrooms. Kitchen equipped with SS appl., is open to the cozy family room. Spacious living & dining room w/ a gas burning fireplace and double sliding doors leading out to the fenced backyard. The peaceful atrium is centrally located in the home sporting a trek deck. Each carpeted bedroom has mirrored closets and there is a designated laundry room with hookups. With private access to the atrium, the master bedroom offers an expansive walk in closet and remodeled bathroom. Outlined by picturesque landscaping, the serene backyard has a large patio perfect for lounging and entertaining. Community amenities include greenbelt, 6 pools and 3 security gates. Golf, Tennis and Social Membership is available directly through Crow Canyon Country Club.
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PRICE & RENT TRENDS
Neighborhood: Crow Canyon Country Club Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Crow Canyon Country Club Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $4,020 |
EXPENSES | Loan Payment | -$4,114 |
Property Tax | -$1,168 | |
Property Insurance | -$79 | |
HOA | -$453 | |
Property Management Fees | -$197 | |
CASH FLOW
-$1,991
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.
$1,115,000
PROJECTED PRICE
$4,020
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 7.6% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
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
$301,225
LOAN DETAILS
$4,114
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $278,750 |
Loan Amount | $836,250 |
0.08
YEARS SAVED
$92
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$4,020
LIST RENT -
$1.88
LIST RENT PER SQFT
-
$4,242
COMP ESTIMATED VALUE -
$1.98
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Compass