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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $398.15
- 2 Days on Market
- MLS # : 6202433
- Updated Date : 03/06/2021 at 04:55
CONSTRUCTION
- Beds : 4
- Floor Size : 4,860 sqft
- Baths : 4 full
Listing Agent
Launch Real Estate
Listing Agent's Description
Breathtaking Yard boasting a HUGE lot, Mountain Views & Luxurious Master with private sitting room on Main Level in the highly desired Camelot Haciendas gated community at Dc Ranch! Warmth & Charm truly define this home. From the moment you enter, you will feel the Peace and Tranquility exuding from the light, bright color pallet and soft finishes throughout. The Ultimate Entertainer's Delight...Chef's Dream kitchen with 10' island for the perfect buffet or quick family meals, breakfast room, private Dining room flanked by wall of windows and French door allowing the beauty of the outdoors in! Relax in the Master retreat complete with custom designed closet, makeup area, large walk in shower, oversized tub with beautiful views of the outdoors. Incredible interior courtyard with (click more
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PRICE & RENT TRENDS
Neighborhood: DC Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: DC Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $6,950 |
| EXPENSES | Loan Payment | -$6,721 |
| Property Tax | -$1,138 | |
| Property Insurance | -$122 | |
| HOA | -$213 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,343
|
||
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.
$1,935,000
PROJECTED PRICE
$6,950
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.36% |
| Appreciation Year (1-5) | 1.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.72% |
| 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
$518,525
LOAN DETAILS
$6,721
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $483,750 |
| Loan Amount | $1,451,250 |
1.67
YEARS SAVED
$20,084
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
-
$7,646
COMP ESTIMATED VALUE -
$1.57
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 12/01/19- Rent
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- $7,000
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17998 N 97th Place Scottsdale, AZ 3
- 5 beds 4 baths ∙ 4,960 Sqft ∙ Built 2012 5 beds 4 baths ∙ 4,960 Sqft ∙ Built 2012
LEASED 10/01/20- Rent
- Rent Per SQFT
- $7,500
- $1.51
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20520 N 101st Way Scottsdale, AZ 4
- 4 beds 4 baths ∙ 5,077 Sqft ∙ Built 2006 4 beds 4 baths ∙ 5,077 Sqft ∙ Built 2006
LEASED 07/01/20- Rent
- Rent Per SQFT
- $8,500
- $1.67
PROPERTY LISTING DETAILS
Launch Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6202433
Last Updated: 03/06/2021
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.
