Currently Occupied in Great Neighborhood
Scottsdale, AZ 85257
3bd • 2ba • Built: 1960
All new upgrades!
| Estimated Square Feet | 1,590 | | Initial Market Value | $699,800 | | Purchase Price | $699,800 | | Downpayment | $174,950 | | Loan Origination Fees | $10,497 | | Depreciable Closing Costs | $20,994 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $206,441 | | Cost per Square Foot / per Bedroom | $440 / $233,267 | | Monthly Rent per SQFT / per Bedroom | $2.70 / $1,433 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $4,300 | $51,600 | | Vacancy Losses | ($344) | ($4,128) | | Operating Income | $3,956 | $47,472 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($175) | ($2,099) | | Insurance | ($152) | ($1,819) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($215) | ($2,580) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($542) | ($6,499) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,414 | $40,973 | | - Mortgage Payments | ($2,843) | ($34,115) | | = Cash Flow | $571 | $6,858 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $1,312 | $15,746 | | + First-Year Appreciation | $3,499 | $41,988 | | = Gross Equity Income | $5,383 | $64,591 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $524,850 | N/A | | Monthly Payment | $2,842.94 | N/A | | Loan Type | Interest Only Fixed | N/A | | Term | 30 Years | N/A | | Nominal / Real Interest Rate | 6.500% / 3.500% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.6% | | Debt Coverage Ratio | 1.20 | | Annual Gross Rent Multiplier | 14 | | Capitalization Rate | 5.9% | | Cash on Cash Return | 3% | | Return on Investment | 24% | | Return on Investment with IIDD | 31% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 5% |
| Comments |
|---|
| Financing at interest only and 25% down. No HOA. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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