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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $367.65
- 5 Days on Market
- MLS # : 6174069
- Updated Date : 12/25/2020 at 21:14
CONSTRUCTION
- Beds : 4
- Floor Size : 4,624 sqft
- Baths : 3 full , 1 half
Listing Agent
Russ Lyon Sotheby's International Realty
Listing Agent's Description
Dare I say, BEST IN SHOW IN OFFICE in the Valley! 1.25 Acre w 3 Bedrooms, 3.5 Baths. PERFECT split floor plan. 4 car garage, pavered drive and courtyards. Gourmet pristine kitchen w island, top of the line stainless appliances, 4 ovens and HGTV butler's pantry! Unrivaled laundry room w Sub zero extra fridge. Gorgeous wood/travertine floors w perfection in the details/transitions. 3 Cantera fireplaces, wide plank wood shutters throughout. 4 car exquisite garage with the finest in upgraded storage. The sparkling heated pool and spa in the HUGE grassy side yard will make you feel as if you are living in a resort! Pool area is complete with firepit, outdoor kitchen,pool fountains. Custom Frank Lloyd Wright view fence and gates. Call lister, by appointment only
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PRICE & RENT TRENDS
Neighborhood: Saguaro Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Saguaro Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $5,850 |
| EXPENSES | Loan Payment | -$6,272 |
| Property Tax | -$794 | |
| Property Insurance | -$117 | |
| HOA | -$189 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,621
|
||
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.
$1,700,000
PROJECTED PRICE
$5,850
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$456,250
LOAN DETAILS
$6,272
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $425,000 |
| Loan Amount | $1,275,000 |
1.25
YEARS SAVED
$11,311
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$5,379
COMP ESTIMATED VALUE -
$1.16
COMP AVG. RENT PER SQFT
Comps Range
-
6963 E Blue Sky Drive E Scottsdale, AZ 1
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- Rent
- Rent Per SQFT
- $0
- $0.00
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7380 E Mark Lane Scottsdale, AZ 2
- 4 beds 4 baths ∙ 4,421 Sqft ∙ Built 1995 4 beds 4 baths ∙ 4,421 Sqft ∙ Built 1995
LEASED 07/16/20- Rent
- Rent Per SQFT
- $3,600
- $0.81
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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
LEASED 05/15/20- Rent
- Rent Per SQFT
- $5,300
- $1.24
-
6347 E Ironwood Drive Scottsdale, AZ 4
- 4 beds 4 baths ∙ 4,500 Sqft ∙ Built 2000 4 beds 4 baths ∙ 4,500 Sqft ∙ Built 2000
LEASED 11/13/20- Rent
- Rent Per SQFT
- $6,465
- $1.44
PROPERTY LISTING DETAILS
Russ Lyon Sotheby's International Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174069
Last Updated: 12/25/2020
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.
