estia : arizona : real estate : houses for sale
Posted: Friday Mar 27, 12:56 PST Updated: Friday Mar 27, 13:03 PST

Beautiful Scottsdale Haven - Great Buy!

Scottsdale

 Ranch Floorplan with crawl space or unfinished basement.
 2 bedroom, 2 bath, 2 or 3 car garage
 Floorplan with crawl space is 1385 total sq. ft,
 Floorplan with unfinished basement is 2738 total sq. ft. - 1385 sq.. ft. finished and 1353 sq. ft. unfinished

Home Model: Scottsdale, Lot 9 - Already Constructed
Investor Proposal for 5117 Vista Villas Pointe

Option #1:
Investor uses his money with no loan

$294,000.00 Purchase Price
$1,200.00 Taxes
$900.00 Insurance
$2,100.00 Total expense
$27,600.00 Leaseback
$26,460.00 Cash Flow
9% Cash on Cash

Option #2:
Investor puts 25% down & obtains loan for remainder

$294,000.00 Purchase Price
$44,100.00 15% down
$249,900.00 Principal Loan
$20,351.00 Annual P&I
$900.00 Taxes
$800.00 Insurance
$22,051.00 Total expense
$27,600.00 Leaseback
$8,796.00 Cash Flow
12% Cash on Cash

HOA Features:
 Maintained landscaping on Austin Bluffs R.O.W. and Common Areas.
 Trash Removal.
 Snow removal, Streets including sidewalks.
Standard Features/Exterior:
 Stucco exterior w/ architectural pop-outs on all doors and windows.
 Monier Tile Roof. Color: Mesa.
 Stained Therma-Tru fiberglass exterior doors.
 Secured, gated courtyard entry.
 Covered front & rear patios..
 Stamped, colored exterior concrete courtyard & patio slabs.
 Motion sensor outdoor security lighting at garage, courtyard and rear patio.
 Secure court yard entry to garage and main entry.
 Natural gas service stub at rear patio for BBQ.
 Hose bibs and electric outlets at front court yard and rear patio.
 Landscaped front yard. Owner maintained.
Standard Features/Interior:
 Air Conditioning w/ Electronic Air Cleaner
 Finished, insulated garage and garage door w/ opener.
 R-38 Ceiling Insulation w/ R-13 walls.
 50 gal. Gas hot water heater.
 Gas fireplace w/ brass trim, Stack stone surround and wood beam mantle.
 Pre-wire satellite and phones in bedrooms and living room, Surround sound pre-wire in living room.
 Built-in book shelf above entertainment center.
 3’ doors with levered handles
 Space saving pocket doors.
 Vaulted ceilings w/ceiling fans in master bedroom and in living room area.
 Rounded corners and windows with knock down finish.
 Paint grade trim and interior doors w/ brushed nickel hardware.
 Ceramic Tile flooring in baths, laundry rooms.
 Carpet bedrooms and living room
Standard Features/Kitchen:
 Lowered soffit ceiling w/ recessed can lighting.
 Factory finished Hardwood flooring.
 Aristokraft Cabinets and Work Island w/ laminated counter tops, waterfall front edge and post form backsplash.
 Cast iron double bowl sink w/ Delta single lever faucet.
 Frigidaire Appliances: White.
 30” Gas range w/ Electric self cleaning oven.
 O-T-R Microwave / Hood.
 5- Cycle Dishwasher.

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