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6017 E Roy Rogers Lane Cave Creek, AZ 85331

5 Beds 3 Baths 4,047 sqft Built 1999

$689,900

List Price

$4,350

$4.1K - $4.6K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $170.47
  • 5 Days on Market
  • MLS # : 6177675
  • Updated Date : 01/06/2021 at 22:21
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,047 sqft
  • Baths : 3 full
Listing Agent

Internet Realty

Listing Agent's Description

Gated comm. 5 BR (Master bedroom on first floor). Master bath has Jacuzzi tub. Upper level has private balcony and loft. Bath on upper level offers shower and bathtub with 2 DRs that is attached to BR for another master bedroom feel. Pool table, included. Large great room with 25 foot ceilings, fire place, open eat in kitchen, separate living and dining room. Very bright and airy. Wood shutters. LR with washer and dryer included. Hardwood floors. 3 AC/heating units for climate control. Resort like yard with pool, whirlpool, covered patio and fire pit. Built in BBQ. Beautiful views. Large private lot. Can't see or hear the neighbors. (Gate access required).

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Estates at Palos Verdes

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $122k646k

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

Neighborhood: The Estates at Palos Verdes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10452851

* 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
Desert Sun Elementary School Primary Regular 416 22 6
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Desert Sun Elementary School

  • Education Level: Primary
  • # of students: 416
  • # of teachers: 22
6
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
 

$620,910$758,890$689,900

PURCHASE PRICE

$3,915$4,785$4,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,350
EXPENSES Loan Payment -$2,396
Property Tax -$257
Property Insurance -$106
HOA -$17
Property Management Fees -$99
CASH FLOW
$1,474

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.

$689,900

PROJECTED PRICE

$4,350

PROJECTED RENT

0.63%

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$0.0$10k$20k$30k$40k$50k$60k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$188,574

INVESTMENT

$188,574

Down Payment
$172,475
Rehab Estimate
$5,750
Closing Costs
$10,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$2,396

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $172,475
Loan Amount $517,425
See What Happens When You Reinvest Cash Flow

15.17

YEARS SAVED

$173,127

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
  • $5,207

    COMP ESTIMATED VALUE
  • $1.29

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,2503$5,3004$5,500
$5,500
RENT COMPS ANALYSIS
  • 6017 E Roy Rogers Lane Cave Creek, AZ 1
    • 5 beds 3 baths ∙ 4,047 Sqft ∙ Built 1999 5 beds 3 baths ∙ 4,047 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 30025 N 72nd Place Scottsdale, AZ 2
    • 5 beds 5 baths ∙ 3,997 Sqft ∙ Built 2004 5 beds 5 baths ∙ 3,997 Sqft ∙ Built 2004
    property image
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,250
    • $1.31
    •  
  • 6462 E Oberlin Way Scottsdale, AZ 3
    • 4 beds 5 baths ∙ 4,287 Sqft ∙ Built 2002 4 beds 5 baths ∙ 4,287 Sqft ∙ Built 2002
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,300
    • $1.24
    •  
  • 5914 E Dale Lane Cave Creek, AZ 4
    • 4 beds 4 baths ∙ 4,185 Sqft ∙ Built 1993 4 beds 4 baths ∙ 4,185 Sqft ∙ Built 1993
    property image
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $1.31
    •  
PROPERTY LISTING DETAILS
Chris Vasilas
Internet Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6177675
Last Updated: 01/06/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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