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6014 E Via Los Caballos Road Paradise Valley, AZ 85253

4 Beds 5 Baths 3,820 sqft Built 1987

$1,795,000

List Price

$4,950

$4.7K - $5.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $469.90
  • 4 Days on Market
  • MLS # : 6205831
  • Updated Date : 03/25/2021 at 00:32
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,820 sqft
  • Baths : 4 full , 1 half
Listing Agent

Hague Partners

Listing Agent's Description

72 Hour Home Sale! Coming Soon. LOOK NO FURTHER! Coveted Camelback Country Estates Southwestern Home with views of 6th tee and 5th green + views of Mcdowell Mountain. 4 bedroom/4.5 bath (3 of which are en- suite) with access to outside. Large master with his & hers closets. Lovely wood shutters throughout. Custom concrete island & bar done in 2007.2020 complete pool update! , heaters, covered patio, built in BBQ complete your oasis!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Camelback Country Estates

NeighborhoodNIR Market*CityMarket2010Year20002019200k400k600k800k1000k1200k1400k1600k1800kPrice in $122k1881k

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

Neighborhood: Camelback Country Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000450050005500600065007000Rent in $10457289

* 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
Cherokee Elementary School Primary Regular 500 31 9
Cocopah Middle School Middle Regular 899 43 9
Chaparral High School High Regular 2,053 87 7

Cherokee Elementary School

  • Education Level: Primary
  • # of students: 500
  • # of teachers: 31
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
 

$1,615,500$1,974,500$1,795,000

PURCHASE PRICE

$4,455$5,445$4,950

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,950
EXPENSES Loan Payment -$6,235
Property Tax -$851
Property Insurance -$102
HOA -$14
Property Management Fees -$99
CASH FLOW
-$2,350

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.

$1,795,000

PROJECTED PRICE

$4,950

PROJECTED RENT

0.28%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.0%
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$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$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$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$481,425

INVESTMENT

$481,425

Down Payment
$448,750
Rehab Estimate
$5,750
Closing Costs
$26,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$6,235

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $448,750
Loan Amount $1,346,250
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$371

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,950

    LIST RENT
  • $1.3

    LIST RENT PER SQFT
  • $4,928

    COMP ESTIMATED VALUE
  • $1.29

    COMP AVG. RENT PER SQFT
Comps Range
$3,950
1$3,9502$4,0003$4,9504$5,0005$6,000
$6,000
RENT COMPS ANALYSIS
  • 6014 E Via Los Caballos Road Paradise Valley, AZ 3
    • 4 beds 5 baths ∙ 3,820 Sqft ∙ Built 1987 4 beds 5 baths ∙ 3,820 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $4,950
    • $1.30
    •  
  • 5116 E Berneil Drive Paradise Valley, AZ 1
    • 3 beds 3 baths ∙ 3,602 Sqft ∙ Built 1978 3 beds 3 baths ∙ 3,602 Sqft ∙ Built 1978
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $1.10
    •  
  • 6014 E Caron Circle Paradise Valley, AZ 2
    • 5 beds 4 baths ∙ 3,685 Sqft ∙ Built 1976 5 beds 4 baths ∙ 3,685 Sqft ∙ Built 1976
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.09
    •  
  • 4724 E Desert Park Place Paradise Valley, AZ 4
    • 4 beds 4 baths ∙ 3,879 Sqft ∙ Built 1976 4 beds 4 baths ∙ 3,879 Sqft ∙ Built 1976
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.29
    •  
  • 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
Teresa M Herriot
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6205831
Last Updated: 03/25/2021
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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