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5909 E Sentinel Rock Road Cave Creek, AZ 85331

4 Beds 3 Baths 3,278 sqft Built 1998

$1,000,000

List Price

$2,980

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 1998
  • Price/Sqft : $305.06
  • 4 Days on Market
  • MLS # : 6156271
  • Updated Date : 11/05/2020 at 19:34
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,278 sqft
  • Baths : 3 full
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Nestled into the side of Black Mountain at the end of the cul-de-sac this 1st time on the market home is a rare-find. Boasting beautiful mountain views this cozy home features an open floorpan allowing for an easy flow between the great room, kitchen, formal dining and living room; perfect for entertaining and everyday living. The split owners suite and 3 additional guest bedrooms allow for plenty of space for family and friends. Relax and enjoy the private outdoor spaces whether in the pool, sitting by the cozy fireplace or on your view deck watching the amazing Arizona sunsets.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Carefree Sentinel Rock Estates

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750k800kPrice in $122k810k

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

Neighborhood: Carefree Sentinel Rock Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10452746

* 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
Black Mountain Elementary School Primary Regular 463 29 8
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Black Mountain Elementary School

  • Education Level: Primary
  • # of students: 463
  • # of teachers: 29
8
GreatSchools Rating

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students: 841
  • # of teachers: 39
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating
 

$900,000$1,100,000$1,000,000

PURCHASE PRICE

$2,682$3,278$2,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,980
EXPENSES Loan Payment -$3,690
Property Tax -$387
Property Insurance -$91
HOA -$1
Property Management Fees -$99
CASH FLOW
-$1,288

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.

$1,000,000

PROJECTED PRICE

$2,980

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.6%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$270,750

INVESTMENT

$270,750

Down Payment
$250,000
Rehab Estimate
$5,750
Closing Costs
$15,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,690

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $250,000
Loan Amount $750,000
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$998

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
  • $4,171

    COMP ESTIMATED VALUE
  • $1.27

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8003$4,0004$4,2505$4,700
$4,700
RENT COMPS ANALYSIS
  • 5909 E Sentinel Rock Road Cave Creek, AZ 1
    • 4 beds 3 baths ∙ 3,278 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,278 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5679 E Perdido Drive Cave Creek, AZ 2
    • 5 beds 4 baths ∙ 3,315 Sqft ∙ Built 1995 5 beds 4 baths ∙ 3,315 Sqft ∙ Built 1995
    LEASED 06/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.15
    •  
  • 6524 E Amber Sun Drive Scottsdale, AZ 3
    • 3 beds 3 baths ∙ 3,011 Sqft ∙ Built 1996 3 beds 3 baths ∙ 3,011 Sqft ∙ Built 1996
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.33
    •  
  • 5829 E Agave Place #views Carefree, AZ 4
    • 4 beds 4 baths ∙ 3,489 Sqft ∙ Built 1995 4 beds 4 baths ∙ 3,489 Sqft ∙ Built 1995
    LEASED 07/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $1.22
    •  
  • 5910 E Sentinel Rock Road Cave Creek, AZ 5
    • 3 beds 3 baths ∙ 3,387 Sqft ∙ Built 1993 3 beds 3 baths ∙ 3,387 Sqft ∙ Built 1993
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.39
    •  
PROPERTY LISTING DETAILS
Joanie Barreiro
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156271
Last Updated: 11/05/2020
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.

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