




$2,595,000
Investment Summary
- Monthly Cash Flow
- -$7,816
- Cap Rate
- 2.7%
- Cash-on-Cash Return
- -15.7%
- Debt Coverage Ratio
- 0.42
- Internal Rate of Return (5 years)
- -11.2%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Welcome to resort-style living in the highly sought-after Whitewing at Whisper Ranch community. This stunning desert contemporary, multi-generational home is situated on a premium lot and offers an impressive 6 bedrooms, 5.5 bathrooms, and 4-car garages, including a private casita. An inviting entryway opens into a spacious, modern interior with lofty ceilings with an abundance of natural light and a magnificent floor to ceiling tiled fireplace creating a warm and welcoming atmosphere. The sleek, modern tiles add an elegant touch, perfectly complementing the room's open and airy feel in the extended great room. Exuding warmth, this contemporary home features wood tile flooring and custom Roman shades throughout. The Chef's kitchen is the heart of the home and features dual islands for ent ertaining large groups and has an abundance of storage. Admire the painted accent walls and stylish tiled backsplash that enhances the kitchen's contemporary appeal complementing the sleek countertops and cabinetry. With its timeless design the backsplash serves as a beautiful accent, elevating the overall aesthetic of the space while providing easy maintenance. Kitchen has 42'' upper cabinets equipped with stainless steel appliances including 6-burner gas stove with griddle, 3 ovens, built-in microwave, separate 2 drawer fridge in island along with a 15" automatic ice maker. The large built-in fridge/freezer is equipped with RO filtered water and ice maker. The great room features an electric 74" fireplace and a 20' sliding wall of glass that seamlessly flows into outdoor living. Store and pour your beverages at the bar which includes a dual zone wine fridge, sink and plenty of cabinetry. Custom iron and glass doors adorn the office entry to provide a quiet workspace off the great room. The large primary suite offers plenty of space for a sitting area. The luxurious spa-like bathroom has a soaking tub, walk-in shower with dual heads, built-in bench, and an oversized mirror. Separate vanity area includes a lighted mirror with Bluetooth speaker. Large closet with wall unit for extra storage and a separate exercise room which could also be used as a second closet. This split floor plan offers four additional bedrooms on the east wing of the home along with a spacious bonus room featuring a wall unit for extra storage as well as direct backyard access. Each generously sized bedroom has walk-in closets and direct access to a bathroom. The sizable laundry room has entry to all 4 garages, an abundance of storage, utility sink and refrigerator. Garage upgrades include custom garage cabinetry from floor to ceiling, professional epoxied floors, and a built-in workbench. Also included are two Rinnai tankless gas water heaters. This energy efficient home is easy to keep cool as it has 4 individual air conditioning units along with sunshades on the windows. Escape to the resort-style backyard, where relaxation awaits at every turn. Lounge under the sun on the Baja steps, soaking in the serenity from one of four luxurious Ledge Loungers. The backyard's centerpiece is the one-of-a-kind 11' square raised spa, featuring therapeutic jets and offering ample space to comfortably seat up to 12 people. It's the perfect spot for unwinding or hosting friends and family in a private, resort-like setting. The pool and spa have an in-floor cleaning system. They are easily heated and controlled with a touch of a button from your phone or tablet along with the deck jets, bubblers and LED lighting. The private backyard is an entertainer's dream. The outdoor kitchen is complete with a built-in Hestan 42'' professional BBQ grill, gas burner, sink and commercial fridge, fully equipped for outdoor cooking and entertaining, complete with a media wall large enough for an 86" television. A commercial misting system has been installed on the 15' x 26' ramada and the covered back patio. The ramada also features an outdoor shower. Enjoy your morning coffee under multiple structures taking in the beautiful Arizona outdoor living with tranquility and privacy. Professionally designed and landscaped with front and backyard lighting and pavered walkways on each side of the house. In addition to the 10' RV gate, a third 4' gate was added to the west side of the home. Expansive pavered driveway offers additional parking. Located just off the courtyard, the private casita offers a separate entrance for ultimate privacy. Inside, you'll find a cozy family room, a spacious bedroom with a walk-in closet, and a bathroom featuring a walk-in shower. The kitchenette is equipped with a 2-drawer fridge/freezer and upgraded stone countertops, complemented by plenty of cabinet space. Convenience is key with washer/dryer hookups, while ceiling fans and a dedicated A/C unit ensure year-round comfort. Perfect for guests or extended family, this casita is a true retreat. Fully wired with the Unifi WIFI 6 system it incorporates 30 ethernet drops, 13 - 4K cameras throughout the property, NVR security camera recordings, 5 access points, 8 TB hard drive, CAT 6 as well as a networking closet that is rack mounted. Controlling the pool, spa, garage, thermostats, security system, tankless water heaters, kitchen ovens and smart locks have never been easier thanks to the many smart home features and dedicated apps easily accessible from your phone, computer, or tablet. The Whitewing at Whisper Ranch community offers impressive amenities which include front and back entrance gated access, a fully equipped and furnished clubhouse perfect for entertaining and hosting events, outdoor gas fireplaces and BBQ areas to gather, a bocce ball court, a fenced in dog run, luscious green belts, and a children's play area/park. Just a couple minutes away from the Queen Creek Marketplace, Pecan Creek Entertainment, excellent schools, restaurants, shopping, and serene trails to walk, hike and bike around the Sonoqui Wash. In close proximity to all the community has to offer! Owner Agents
Build Your Team
Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.



Agents
Match with investor-friendly agents who can help you find, analyze, and close your next deal



Lenders
Get the best funding…find investor-friendly lenders who specialize in your deal strategy



Property Managers
Transition to passive investing. Find a trusted property management partnership that lasts.



Tax Pros & Accountants
Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more
Location
Property Details
Parking
- Description: Attch'd Gar Cabinets, Electric Door Opener, RV Gate
- Details: Garage Door Opener
- Garage Spaces: 4
- Spaces Total: 6
Bedroom Information
- # of Bedrooms: 6
Bathroom Information
- # of Baths (Total): 6.0
Interior Features
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Roof Material: Tile
- Pool: Yes
HOA
- Has HOA: Yes
- Association: Whitewing at Whisper
- HOA Fee: $405/monthly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 31408912
- Lot Size: 22426 sqft
Property Information
- Property Type: Single Family Residence
- Style: Contemporary
- Year Built: 2020
Tax Information
- Annual Tax: $7,499
Utilities
- Water & Sewer: Public
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
Location
- County: Maricopa
Listing Details

Investment Summary
- Monthly Cash Flow
- -$7,816
- Cap Rate
- 2.7%
- Cash-on-Cash Return
- -15.7%
- Debt Coverage Ratio
- 0.42
- Internal Rate of Return (5 years)
- -11.2%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $2,595,000 |
---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,076,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $519,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $77,850 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $596,850 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 5,313 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $488 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $1.84 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $2,076,000 |
---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.810% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $13,548 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $625 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $686 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $14,859 |
Operating Income
% Rent | Monthly | Yearly | |
---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $9,800 | $117,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$588 | -$7,056 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $9,212 | $110,544 |
Operating Expenses
% Rent | Monthly | Yearly | |
---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 6% | -$625 | -$7,499 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$686 | -$8,232 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$784 | -$9,408 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$490 | -$5,880 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$490 | -$5,880 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | 4% | -$405 | -$4,860 |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 36% | -$3,480 | -$41,759 |
Cash Flow
Monthly | Yearly | |
---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $5,732 | $68,784 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$13,548 | -$162,576 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $7,816 | $93,792 |