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5437 E Oakhurst Way Scottsdale, AZ 85254

4 Beds 3 Baths 3,481 sqft Built 1984

$1,198,000

List Price

$4,280

$4K - $4.5K

Rent Est.

PROPERTY INFO

January 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $344.15
  • 4 Days on Market
  • MLS # : 6183629
  • Updated Date : 01/23/2021 at 16:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,481 sqft
  • Baths : 3 full
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Truly a Trophy Home in Orangetree Estates. Designed & Built by renowned O'Connor, known for Highest Quality of Design & Construction. 8'' Block Walls & Hand Troweled Smooth Stucco create this Authentic Territorial. Massive Viga Beams paired with Latilla on exterior, on the interior with Tongue and Groove to create impressive ceilings. Interior walls are smooth, melding from one wall to the next with Chamfered edges. Huge Entertainer's Kitchen with BB Island, separate Peninsula for informal dining plus Breakfast Room. Also, Desk in Kitchen & full Wet Bar between Kitchen & DR. Two Dramatic Fireplaces, GR and Master Suite. French Doors lead to 600sf (additional) screened in Arizona Rm overlooking Pool and Patio with Built-in BBQ. Gorgeous Oversized Private Lot with Grassy Lawn & Mature Citrus

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Orangetree Estates

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k912k

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

Neighborhood: Orangetree Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200340036003800Rent in $10453960

* 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
Sequoya Elementary School Primary Regular 468 25 9
Cocopah Middle School Middle Regular 899 43 9
Chaparral High School High Regular 2,053 87 7

Sequoya Elementary School

  • Education Level: Primary
  • # of students: 468
  • # of teachers: 25
9
GreatSchools Rating

Cocopah Middle School

  • Education Level: Middle
  • # of students: 899
  • # of teachers: 43
9
GreatSchools Rating

Chaparral High School

  • Education Level: High
  • # of students: 2,053
  • # of teachers: 87
7
GreatSchools Rating
 

$1,078,200$1,317,800$1,198,000

PURCHASE PRICE

$3,852$4,708$4,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,280
EXPENSES Loan Payment -$4,161
Property Tax -$614
Property Insurance -$95
Property Management Fees -$99
CASH FLOW
-$689

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$1,198,000

PROJECTED PRICE

$4,280

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 5.0%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k$40k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$323,220

INVESTMENT

$323,220

Down Payment
$299,500
Rehab Estimate
$5,750
Closing Costs
$17,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,161

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $299,500
Loan Amount $898,500
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$20,426

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
  • $4,882

    COMP ESTIMATED VALUE
  • $1.4

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,4953$4,5004$5,0005$6,000
$6,000
RENT COMPS ANALYSIS
  • 5437 E Oakhurst Way Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,481 Sqft ∙ Built 1984 4 beds 3 baths ∙ 3,481 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5449 E Wethersfield Road Scottsdale, AZ 2
    • 5 beds 3 baths ∙ 3,368 Sqft ∙ Built 1983 5 beds 3 baths ∙ 3,368 Sqft ∙ Built 1983
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $1.04
    •  
  • 5739 E Cactus Road Scottsdale, AZ 3
    • 5 beds 3 baths ∙ 3,198 Sqft ∙ Built 1979 5 beds 3 baths ∙ 3,198 Sqft ∙ Built 1979
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.41
    •  
  • 5729 E Windrose Drive Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 3,373 Sqft ∙ Built 1977 4 beds 3 baths ∙ 3,373 Sqft ∙ Built 1977
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.48
    •  
  • 6016 E Beryl Avenue Paradise Valley, AZ 5
    • 4 beds 3 baths ∙ 3,578 Sqft ∙ Built 1978 4 beds 3 baths ∙ 3,578 Sqft ∙ Built 1978
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $6,000
    • $1.68
    •  
PROPERTY LISTING DETAILS
Mary Kincaid
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183629
Last Updated: 01/23/2021
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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