Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

5827 E Angela Drive Scottsdale, AZ 85254

4 Beds 3 Baths 3,903 sqft Built 1981

$1,099,000

List Price

$4,030

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 1981
  • Price/Sqft : $281.58
  • 3 Days on Market
  • MLS # : 6154006
  • Updated Date : 11/06/2020 at 16:49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,903 sqft
  • Baths : 3 full
Listing Agent

Those Callaways

Listing Agent's Description

OUTSTANDING IN OAKHURST. Perfectly located in a sought-after Magic Zip Code neighborhood, this expansive remodel is brimming with luxury features inside and out. So much is updated including the roof, stainless appliances and brand new Quartz kitchen counters. The grand open plan has generous formal living spaces and a masterful chef's eat-in island kitchen dressed in Cherry cabinetry. The exceptionally large master suite boasts a sumptuous bath, fireplace and sitting room. Soaring vaulted ceilings create a wonderfully open ambiance. Bonus sunlit den and game room. Set well back on a spacious .41 ACRE lot with preferred N/S exposure. New artificial turf dresses the front and large side yard out back, while a deep covered patio reveals a sparkling pool. An entertainer's dream home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Oakhurst

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650kPrice in $122k686k

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

Neighborhood: Oakhurst

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $10453398

* 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
Copper Canyon Elementary School Primary Regular 718 36 9
Copper Canyon Elementary School Middle Regular 718 36 9
Horizon High School High Regular 2,262 86 8

Copper Canyon Elementary School

  • Education Level: Primary
  • # of students: 718
  • # of teachers: 36
9
GreatSchools Rating

Copper Canyon Elementary School

  • Education Level: Middle
  • # of students: 718
  • # of teachers: 36
9
GreatSchools Rating

Horizon High School

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

$989,100$1,208,900$1,099,000

PURCHASE PRICE

$3,627$4,433$4,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,030
EXPENSES Loan Payment -$4,055
Property Tax -$822
Property Insurance -$103
Property Management Fees -$99
CASH FLOW
-$1,049

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.

$1,099,000

PROJECTED PRICE

$4,030

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.0%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k

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$296,985

INVESTMENT

$296,985

Down Payment
$274,750
Rehab Estimate
$5,750
Closing Costs
$16,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$4,055

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $274,750
Loan Amount $824,250
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$6,594

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,030

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $4,085

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$3,500
1$3,5002$3,8003$4,0304$4,495
$4,495
RENT COMPS ANALYSIS
  • 5827 E Angela Drive Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 3,903 Sqft ∙ Built 1981 4 beds 3 baths ∙ 3,903 Sqft ∙ Built 1981
    • Rent
    • Rent Per SQFT
    •  
    • $4,030
    • $1.03
    •  
  • 5411 E Saint John Road Scottsdale, AZ 1
    • 5 beds 3 baths ∙ 3,716 Sqft ∙ Built 1996 5 beds 3 baths ∙ 3,716 Sqft ∙ Built 1996
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.94
    •  
  • 5333 E Anderson Drive Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 3,878 Sqft ∙ Built 1998 5 beds 4 baths ∙ 3,878 Sqft ∙ Built 1998
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $0.98
    •  
  • 5309 E Helena Drive Scottsdale, AZ 4
    • 5 beds 4 baths ∙ 3,672 Sqft ∙ Built 1997 5 beds 4 baths ∙ 3,672 Sqft ∙ Built 1997
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,495
    • $1.22
    •  
PROPERTY LISTING DETAILS
Joann Callaway
Those Callaways
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154006
Last Updated: 11/06/2020
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.

BESbswy