$4,288,800
Investment Summary
- Monthly Cash Flow
- -$17,118
- Cap Rate
- 0.9%
- Cash-on-Cash Return
- -20.8%
- Debt Coverage Ratio
- 0.16
- Internal Rate of Return (5 years)
- -16.1%
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
*EXCLUSIVE OPPORTUNITY IN OAKWOOD HILLS* Experience unparalleled resort-style luxury living in this custom-designed masterpiece nestled in the exclusive gated enclave of Oakwood Hills, Chandler's most prestigious community. This Tuscan-style home, with its long hallways adorned with beautiful archways, high ceilings, and elegant chandeliers, sets the standard for unrivaled luxury in the area. Boasting the #1 view in the East Valley, this home is one of only four lots with unobstructed golf course and mountain vistas, offering a unique blend of natural beauty and architectural excellence. Oakwood Hills, a 33-lot gated community, is a verdant oasis with year-round lush greenery, lakes, islands, streams, waterfalls, and breathtaking sunset views. Enjoy the charm of Arizona without the typical desert landscape, making it a true sanctuary. This estate sits on over 1.16 acres of the most prestigious land in Chandler, featuring wrap-around front and back covered patios with stunning views and inviting seating areas. The exterior features a breathtaking lakefront view with a flowing rock river gracing the front yard. The large back patio, extended front patio, and two downstairs lakefront patios make it an entertainer's dream. Delight guests with a backdoor amphitheater and an expansive covered entertainment area, complete with a built-in gas BBQ, granite counters, sink, and a charming herb garden for perfect alfresco dining. The soothing sounds of a waterfall cascading into the pool, surrounded by lush, manicured grounds, enhance the serene outdoor experience. Inside, every room is meticulously designed for seamless daily living, exuding elegance and comfort. The home underwent a complete remodel in 2015, including the addition of a den and office, along with numerous recent updates to maintain its modern luxury. The gourmet kitchen features top-of-the-line commercial-grade appliances, including a Subzero fridge, Dacor gas range, and an Italian made Miele espresso machine. Indulge in the exquisite brick wine room, and unwind in the fully-equipped, state-of-the-art home theater. The dedicated exercise room, with a sink, refrigerator, storage, offers spectacular golf course and mountain views. A home office with lakefront views ensures all your lifestyle needs are met. The master suite includes a luxurious jacuzzi tub and a deck offering the #1 sunset and award winning lake views in the valley, while three upstairs decks provide additional outdoor living space. Cozy up to three gas fireplaces, including one in the master bedroom and one on the back patio. Wake up to the sunrise over the San Tan Mountains while showering in the dual-headed rain shower. Stay cool during Arizona summers with five AC units, and enjoy the convenience of complete whole-home automation, surround sound, a built-in security system, and cameras. The garage is equipped with plentiful built-in storage and an EV charging station, complemented by a long cobblestone driveway. Whether you're seeking a primary residence, a second home, this is a one-in-a-lifetime opportunity to own the most desirable home in the entire Southeast Valley.
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Location
Property Details
Parking
- Description: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Side Vehicle Entry
- Details: Garage Door Opener, Garage Faces Side
- Garage Spaces: 4
- Spaces Total: 8
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Total): 7.0
Interior Features
- # of Stories: 2
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Roof Material: Tile, Foam
- Pool: Yes
HOA
- Has HOA: Yes
- Association: Oakwood Hills
- HOA Fee: $2,832/quarterly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 30352202
- Lot Size: 50464 sqft
Property Information
- Property Type: Single Family Residence
- Style: Santa Barbara/Tuscan
- Year Built: 2005
Tax Information
- Annual Tax: $24,229
Utilities
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
Location
- County: Maricopa
Listing Details
Investment Summary
- Monthly Cash Flow
- -$17,118
- Cap Rate
- 0.9%
- Cash-on-Cash Return
- -20.8%
- Debt Coverage Ratio
- 0.16
- Internal Rate of Return (5 years)
- -16.1%
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:
| $4,288,800 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$3,431,040 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $857,760 |
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:
| $128,664 |
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:
| $986,424 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 8,000 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $536 |
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:
| $1.11 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $3,431,040 |
|---|---|
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:
| 5.875% |
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:
| $20,296 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,019 |
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:
| $623 |
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:
| $22,938 |
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:
| $8,900 | $106,800 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$534 | -$6,408 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $8,366 | $100,392 |
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. | 23% | -$2,019 | -$24,229 |
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% | -$623 | -$7,476 |
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% | -$712 | -$8,544 |
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% | -$445 | -$5,340 |
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% | -$445 | -$5,340 |
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. | 11% | -$944 | -$11,328 |
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 | 58% | -$5,188 | -$62,257 |
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:
| $3,178 | $38,136 |
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. | -$20,296 | -$243,552 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $17,118 | $205,416 |