STR Near ASU & Old Town Scottsdale
Arizona
bed4 Bedsbathtub3 Bathscalendar_todayBuilt 1964 | Estimated Square Feet | 3,118 | | Initial Market Value | $735,000 | | Price | $735,000 | | Down Payment | $183,750 | | Closing Costs | $11,025 | | Loan Origination and/or Buydown Points | $11,025 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $205,800 | | Minimum Recommended Cash Reserves | $29,400 | | Cost per Square Foot / per Bedroom | $236 / $183,750 | | Monthly Rent per SQFT / per Bedroom | $2.73 / $2,125 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $8,500 | $102,000 | | Vacancy Losses | ($850) | ($10,200) | | Operating Income | $7,650 | $91,800 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($245) | ($2,940) | | Insurance | ($368) | ($4,410) | | Management Fees | ($1,530) | ($18,360) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($680) | ($8,160) | | Other (Utilities, Supplies, etc.) | ($1,200) | ($14,400) | | Operating Expenses | ($4,023) | ($48,270) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,628 | $43,530 | | - Mortgage Payments | ($3,158) | ($37,898) | | = Cash Flow | $469 | $5,632 | | + Principal Reduction | $0 | $0 | | + Potential Cost Seg Tax Savings | $3,675 | $44,100 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $1,700 | $20,396 | | + One Year Appreciation | $3,063 | $36,750 | | = Gross Equity Income | $8,906 | $106,878 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $551,250 | N/A | | Monthly Payment | $3,158.20 | N/A | | Loan Type | Interest Only Fixed | N/A | | Term | 10 Years | N/A | | Nominal / Real Interest Rate | 6.875% / 3.175% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 1.16% | | Debt Coverage Ratio | 1.15 | | Annual Gross Rent Multiplier | 7 | | Capitalization Rate | 5.9% | | Cash on Cash Return | 3% | | Base Return on Investment (ROI) | 21% | | Inflation-Enhanced ROI™ (with IIDD) | 31% | | Tax-Optimized ROI™ (Cost Seg+IIDD) | 52% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 5.0% | | Gov CPI Inflation September '26 | 3.7% | | Vacancy Rate | 10% | | Management Fee | 20% | | Maintenance Percentage | 8% |
| Comments |
|---|
| STR comps Average $350/night Months of Feb - April can average up to $800-$1000/night. Needs a little TLC to make it STR. |
*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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