$5,999,999
Investment Summary
- Monthly Cash Flow
- -$24,772
- Cap Rate
- 0.7%
- Cash-on-Cash Return
- -21.5%
- Debt Coverage Ratio
- 0.13
- Internal Rate of Return (5 years)
- -16.8%
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
*SELLERS WILL STILL ENTERTAIN OFFERS BUT REMOVING FROM MLS. Tucked away in one of Scottsdale's most exclusive and sought-after hidden enclaves, this luxury custom estate is a rare offering for the discerning buyer that embodies the pinnacle of high-end desert living. Just under 6,000 square feet of meticulously designed interior space. Between the main house (4,853 sf) and casita (1,119 sf), this property offers 5 bedrooms, 5.5 bathrooms with an array of luxury features both inside and out; the perfect blend of elegance, functionality, and serenity for the sophisticated buyer. From the moment you arrive, this Scottsdale dream home impresses with commanding curb appeal, a beautifully landscaped front yard, and and grand entryway framed by iron doors opens into a stunning interior where soaring ceilings, wide-plank wood flooring, and custom architectural details immediately set the tone for the level of craftsmanship throughout the home.Designed with a refined yet inviting aesthetic, the expansive open floor plan was made for modern luxury living. Large picture windows and sliding pocket glass doors throughout the main living areas flood the home with natural light, while offering seamless indoor-outdoor flow; perfect for entertaining or enjoying the tranquility of the desert setting.At the heart of the home is the gourmet chef's kitchen, an entertainer's dream outfitted with top-of-the-line stainless steel appliances, a professional-grade gas range, 4 ovens, a built-in refrigerator, custom cabinetry, quartz countertops, 2 dishwashers and a spacious center island with ample seating. A walk-in pantry provides additional storage, and the adjacent wet bar formal dining area is ideal for hosting family gatherings or elegant dinner parties. Whether preparing meals or gathering with guests, this kitchen is designed for connection, convenience, and style.The great room exudes warmth and sophistication with its gas fireplace and designer lighting. The thoughtful layout creates an expansive indoor/outdoor living space perfect for entertaining large groups and family. Every space has been optimized to reflect the needs of today's luxury lifestyle.The primary suite is nothing short of a personal sanctuary. Generous in scale, tufted with velvet and metal redefining design, it features private access to the backyard and a spa-inspired en-suite bathroom with dual vanities, quartz countertops, an oversized walk-in glass shower with designer tile, a freestanding soaking tub, and a large his and her's walk-in closet with custom built-in organization. Every detail is intended to evoke a sense of calm, luxury, and privacy.Each of the additional four bedrooms is spacious and offers en-suite bathrooms and walk-in closets, making them ideal for children, guests, or multi-generational living. Thoughtfully placed throughout the home, these rooms allow for both privacy and connection.The most compelling features of this Scottsdale estate is the resort-style backyard, designed to capture the essence of indoor-outdoor Arizona living. Step through disappearing sliding doors onto the numerous and covered patios, complete with a misting system, ceiling fans, and multiple lounge areas. The centerpiece is a custom heated black pool and elevated spa, swim up bar and rain stick flanked by lush, mature landscaping with zero telephone wires that offers both beauty and privacy. An outdoor sunken kitchen with built-in barbecue, beer tap, and a beverage fridge allows you to enjoy alfresco dining and drinks under the stars, while the gas fire pit areas provides a cozy spot for year-round evening gatherings. Whether hosting a sunset happy hour, charity event, epic pool party or simply a relaxing day in solitude, the backyard delivers the ultimate in desert luxury.This estate is ideally located in the heart of Scottsdale, just 20 minutes from the airport and some of the most desirable destinations in the Valley! Enjoy proximity to Old Town, Talking Stick, Kierland Commons, Scottsdale Quarter and Fashion Square offering upscale shopping, five-star dining, and lifestyle experiences. For golf lovers, you are surrounded by world-renowned courses. Outdoor enthusiasts will appreciate the quick access to McDowell Sonoran Preserve, where hiking, mountain biking, and horseback riding trails abound. The home is also located near top-rated Scottsdale Unified schools, as well as premier private and charter schools, making it a top choice for families seeking both luxury and lifestyle.This home is more than a place to live; it's a statement. It represents everything that luxury buyers seek in a Scottsdale estate home: timeless architecture, thoughtful design, resort-caliber amenities, and a location that delivers access to the very best of Arizona living.Whether you are searching for a primary residence, a seasonal retreat, or an executive home for entertaining, this property offers the versatility, scale, and luxury you've been looking for. It's not just a home, it's a lifestyle investment. *** Garage is technically 3.5 but owner can easily convert to full 4 car garage with the right offer.
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: Electric Door Opener
- Details: Garage Door Opener, Golf Cart Garage, Electric Vehicle Charging Station(s)
- Garage Spaces: 4
- Spaces Total: 1
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Total): 6.0
Interior Features
- # of Rooms: 7
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Roof Material: Foam
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 17409009
- Lot Size: 48231 sqft
Property Information
- Property Type: Single Family Residence
- Style: Other
- Year Built: 2022
Tax Information
- Annual Tax: $8,702
Utilities
- Water & Sewer: Public
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
Location
- County: Maricopa
Listing Details
Investment Summary
- Monthly Cash Flow
- -$24,772
- Cap Rate
- 0.7%
- Cash-on-Cash Return
- -21.5%
- Debt Coverage Ratio
- 0.13
- Internal Rate of Return (5 years)
- -16.8%
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:
| $5,999,999 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$4,799,999 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $1,200,000 |
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:
| $180,000 |
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:
| $1,380,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 5,972 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $1,005 |
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:
| $1.05 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $4,799,999 |
|---|---|
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:
| $28,394 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $725 |
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:
| $441 |
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:
| $29,560 |
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:
| $6,300 | $75,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$378 | -$4,536 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $5,922 | $71,064 |
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. | 12% | -$725 | -$8,702 |
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% | -$441 | -$5,292 |
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% | -$504 | -$6,048 |
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% | -$315 | -$3,780 |
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% | -$315 | -$3,780 |
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 | 37% | -$2,300 | -$27,602 |
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:
| $3,622 | $43,464 |
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. | -$28,394 | -$340,728 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $24,772 | $297,264 |