$1,240,000
Investment Summary
- Monthly Cash Flow
- -$3,366
- Cap Rate
- 2.4%
- Cash-on-Cash Return
- -14.2%
- Debt Coverage Ratio
- 0.43
- Internal Rate of Return (5 years)
- -9.7%
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
Experience Unmatched Desert Luxury and Panoramic Mountain Views Welcome to an extraordinary sanctuary where breathtaking mountain vistas and the enchanting beauty of the Sonoran Desert converge. This rare, two-story estate—just outside Phoenix—offers an unrivaled blend of elegance, privacy, and resort-caliber amenities that define the pinnacle of Arizona living. Sophisticated Interiors Inspired by the Southwest Step through the grand entryway and immerse yourself in architectural splendor. Soaring, exposed wood beams and hand-laid Saltillo tile with exquisite cobalt blue inlays create a warm, artisanal ambiance, while expansive windows bathe every space in natural light. The inviting great room centers around a stunning gas-burning fireplace, with seamless access to a vast, elevated deck perfect for sunset gatherings or quiet relaxation under the stars. The gourmet kitchen is a culinary masterpiece, showcasing custom hickory cabinetry, vibrant Spanish tile countertops and backsplash, premium built-in appliances, chic pendant lighting, and an oversized breakfast island for effortless entertaining and casual dining. A stylish powder room and an expansive laundry suite with abundant storage complete the main floor. Private Retreats & Lavish Suites Upstairs, the opulent primary suite is a true sanctuary, featuring dual balconies with sweeping canyon views, a romantic gas fireplace adorned with Spanish tile, and a spa-inspired bath with an oversized soaking tub and glass-block shower. Indulge in your private sitting area and generous walk-in closet your personal haven of tranquility. Additional guest suites offer comfort, seclusion, and direct access to the lush courtyard and pool, perfect for hosting friends or extended family. Resort-Style Outdoor Living Step outside to your own private desert resort. The sparkling Pebble Tec pool, surrounded by dramatic rock water features and a secure fence, is heated for year-round enjoyment. Multiple patios and a sprawling Trex wood deck offer endless options for lounging, dining, and entertaining framed by panoramic desert and mountain views. For the adventurous, the property includes a private shooting range, a custom dirt bike track, and vast space for horses, RVs, boats, and all your recreational pursuits. Uncompromising Quality & Modern Comfort Engineered for superior durability and efficiency, the home boasts Rastra block construction for exceptional pest, fire, and sound resistance. An owned solar power system, ADT security, on-demand propane water heater, and a state-of-the-art water softener ensure comfort and peace of mind. A Secluded Haven with Endless Possibilities Enjoy total privacy no HOA, minimal light pollution for stargazing, and pristine northern air. Enjoy the best of both worlds on this stunning property! The front few acres feature a seasonal flowing creek with a private beach like area perfect for swimming and relaxing. The current homeowners often find it hard to decide between taking a refreshing dip in their private pool and hot tub, perfectly perched atop their own mountain, or enjoying the serene natural creek. Both offer a unique and inviting setting, providing endless opportunities for your outdoor relaxation and enjoyment. Profit Potential Opportunities The beautifully graded mountain land adjacent to the main house is perfectly prepared for the development of a new home. Offering the highest and most breathtaking views in the area, it presents an exceptional opportunity for future expansion or a valuable investment with a strong sale potential. Prime Location & Limitless Potential Ideally located less than an hour from PHX Sky Harbor Airport, this rare desert compound is perfect as your primary residence, a lavish vacation retreat, or a high-yield income property outshining neighboring resorts in both luxury and exclusivity. Indulge in the ultimate Arizona lifestyle. Own this extraordinary desert sanctuary and discover a world of refined living, serene privacy, and boundless adventure.
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Location
Property Details
Parking
- Description: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Side Vehicle Entry, RV Access/Parking, Electric Vehicle Charging Station(s)
- Details: RV Access/Parking
- Garage Spaces: 2
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 3
Bathroom Information
- # of Baths (Total): 3.0
Interior Features
- # of Stories: 2
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Roof Material: Foam
- Pool: Yes
- Solar Panels: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 50205005Y
- Lot Size: 377877 sqft
Property Information
- Property Type: Single Family Residence
- Style: Territorial/Santa Fe
- Year Built: 2002
Tax Information
- Annual Tax: $3,099
Utilities
- Water & Sewer: Private
- Heating: Natural Gas, Propane
- Cooling: Central Air, Ceiling Fan(s)
Location
- County: Yavapai
Listing Details
Investment Summary
- Monthly Cash Flow
- -$3,366
- Cap Rate
- 2.4%
- Cash-on-Cash Return
- -14.2%
- Debt Coverage Ratio
- 0.43
- Internal Rate of Return (5 years)
- -9.7%
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:
| $1,240,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$992,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $248,000 |
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:
| $37,200 |
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:
| $285,200 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,053 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $406 |
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:
| $1.31 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $992,000 |
|---|---|
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:
| 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:
| $5,868 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $258 |
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:
| $280 |
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:
| $6,406 |
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:
| $4,000 | $48,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$240 | -$2,880 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,760 | $45,120 |
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% | -$258 | -$3,099 |
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% | -$280 | -$3,360 |
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% | -$320 | -$3,840 |
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% | -$200 | -$2,400 |
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% | -$200 | -$2,400 |
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. | n/a | n/a | n/a |
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 | 31% | -$1,258 | -$15,099 |
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:
| $2,502 | $30,024 |
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. | -$5,868 | -$70,416 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $3,366 | $40,392 |