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11708 E Quail Track Drive Scottsdale, AZ 85262

4 Beds 4 Baths 3,961 sqft Built 2016

$2,000,000

List Price

$6,010

$5.8K - $6.3K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $504.92
  • 3 Days on Market
  • MLS # : 6165606
  • Updated Date : 12/04/2020 at 10:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,961 sqft
  • Baths : 3 full , 1 half
Listing Agent

Launch Real Estate

Listing Agent's Description

Timeless style paired with modern flair make this home in the desert ideal for an astute buyer in search of quality, warmth, and tranquility. Every detail was masterfully integrated into the beautiful desertscape. Thoughtfully designed to include Italian tile flooring, stacked stone walls, chef's kitchen, powered window coverings, central vacuum, garage shop, exquisite pool and spa, firepit, and ramada. Enjoy captivating panoramic views from the front courtyard or retreat to the ultra-private back yard oasis. The highest standard of care and maintenance renders the property an incredible opportunity to seamlessly transition into this luxurious lifestyle. Nearby adventures include biking, golfing, hiking, or horseback riding. Welcome to your getaway or year round home in coveted Talon Ranch

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Goldie Brown Pinnacle Peak Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $122k1395k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Goldie Brown Pinnacle Peak Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500Rent in $10454657

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Desert Sun Elementary School Primary Regular 416 22 6
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Desert Sun Elementary School

  • Education Level: Primary
  • # of students: 416
  • # of teachers: 22
6
GreatSchools Rating

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students: 841
  • # of teachers: 39
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating
 

$1,800,000$2,200,000$2,000,000

PURCHASE PRICE

$5,409$6,611$6,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $6,010
EXPENSES Loan Payment -$7,379
Property Tax -$934
Property Insurance -$104
HOA -$189
Property Management Fees -$99
CASH FLOW
-$2,695

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$2,000,000

PROJECTED PRICE

$6,010

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$1.0M$2.0M$3.0M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$50k-$40k-$30k-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$535,750

INVESTMENT

$535,750

Down Payment
$500,000
Rehab Estimate
$5,750
Closing Costs
$30,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$7,379

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $500,000
Loan Amount $1,500,000
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$864

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $6,010

    LIST RENT
  • $1.52

    LIST RENT PER SQFT
  • $7,605

    COMP ESTIMATED VALUE
  • $1.92

    COMP AVG. RENT PER SQFT
Comps Range
$6,010
1$6,0102$6,7003$8,900
$8,900
RENT COMPS ANALYSIS
  • 11708 E Quail Track Drive Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,961 Sqft ∙ Built 2016 4 beds 4 baths ∙ 3,961 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $6,010
    • $1.52
    •  
  • 27122 N 112th Place Scottsdale, AZ 2
    • 3 beds 4 baths ∙ 4,288 Sqft ∙ Built 2010 3 beds 4 baths ∙ 4,288 Sqft ∙ Built 2010
    LEASED 09/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $6,700
    • $1.56
    •  
  • 10641 E Monument Drive Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 3,910 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,910 Sqft ∙ Built 2006
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $8,900
    • $2.28
    •  
PROPERTY LISTING DETAILS
Nicole Kobrinsky
Launch Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165606
Last Updated: 12/04/2020
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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