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5445 E Danbury Road Scottsdale, AZ 85254

4 Beds 3 Baths 3,302 sqft Built 1993

$874,999

List Price

$3,460

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $264.99
  • 4 Days on Market
  • MLS # : 6201321
  • Updated Date : 03/19/2021 at 21:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,302 sqft
  • Baths : 3 full
Listing Agent

Posh Properties

Listing Agent's Description

Look no further! The perfect home in a highley desierable pocket of 85254, walking distance to the elementary school and easy access to freeways and entertainent districts...this home truly covers even the most distunguished buyer's needs. Offering four bedrooms, three full bathrooms, and an optional fifth that is currently utilized as a teen hangout space.. your family will never run out of room to sprawl. One bedroom and one full bath is conveniently located on the first floor, tucked away from the open kitchen and family room, which is ideal for entertaining. The first floor also offers a grand foyer, leading to a formal living&dining, as well as an bar that privides yet more entertaining options. The backyard is Arizona living at its finest! The oversized covered patio

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
 

$787,499$962,499$874,999

PURCHASE PRICE

$3,114$3,806$3,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,460
EXPENSES Loan Payment -$3,039
Property Tax -$655
Property Insurance -$92
HOA -$85
Property Management Fees -$99
CASH FLOW
-$509

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.

$874,999

PROJECTED PRICE

$3,460

PROJECTED RENT

0.40%

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-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$237,625

INVESTMENT

$237,625

Down Payment
$218,750
Rehab Estimate
$5,750
Closing Costs
$13,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,039

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $218,750
Loan Amount $656,249
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$13,511

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
  • $3,508

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1003$3,1994$3,5005$4,485
$4,485
RENT COMPS ANALYSIS
  • 5445 E Danbury Road Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,302 Sqft ∙ Built 1993 4 beds 3 baths ∙ 3,302 Sqft ∙ Built 1993
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5304 E Woodridge Drive Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 3,278 Sqft ∙ Built 1995 5 beds 4 baths ∙ 3,278 Sqft ∙ Built 1995
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.95
    •  
  • 17219 N 55th Place Scottsdale, AZ 3
    • 5 beds 3 baths ∙ 3,302 Sqft ∙ Built 1992 5 beds 3 baths ∙ 3,302 Sqft ∙ Built 1992
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,199
    • $0.97
    •  
  • 5352 E Woodridge Drive Scottsdale, AZ 4
    • 5 beds 4 baths ∙ 3,400 Sqft ∙ Built 1995 5 beds 4 baths ∙ 3,400 Sqft ∙ Built 1995
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.03
    •  
  • 5621 E Grovers Avenue Scottsdale, AZ 5
    • 4 beds 4 baths ∙ 3,442 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,442 Sqft ∙ Built 2006
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,485
    • $1.30
    •  
PROPERTY LISTING DETAILS
Courtney Ostrow
Posh Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6201321
Last Updated: 03/19/2021
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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