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12034 E Yucca Street Scottsdale, AZ 85259

5 Beds 4 Baths 4,425 sqft Built 2002

$1,450,000

List Price

$5,110

$4.9K - $5.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $327.68
  • 2 Days on Market
  • MLS # : 6263359
  • Updated Date : 07/12/2021 at 17:57
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,425 sqft
  • Baths : 4 full
Listing Agent

The Biltmore Group Llc

Listing Agent's Description

From Frank Lloyd Wright- East on Via Linda- South on 120th St- East on Yucca - through gate, home is on the left

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sendero Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $122k1030k

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

Neighborhood: Sendero Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000450050005500Rent in $10455573

* 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
Anasazi Elementary School Primary Regular 567 31 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Anasazi Elementary School

  • Education Level: Primary
  • # of students: 567
  • # of teachers: 31
9
GreatSchools Rating

Mountainside Middle School

  • Education Level: Middle
  • # of students: 766
  • # of teachers: 36
8
GreatSchools Rating

Desert Mountain High School

  • Education Level: High
  • # of students: 2,247
  • # of teachers: 94
8
GreatSchools Rating
 

$1,305,000$1,595,000$1,450,000

PURCHASE PRICE

$4,599$5,621$5,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,110
EXPENSES Loan Payment -$5,036
Property Tax -$678
Property Insurance -$113
HOA -$120
Property Management Fees -$99
CASH FLOW
-$937

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$1,450,000

PROJECTED PRICE

$5,110

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.8%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$390,000

INVESTMENT

$390,000

Down Payment
$362,500
Rehab Estimate
$5,750
Closing Costs
$21,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$5,036

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $362,500
Loan Amount $1,087,500
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$19,640

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $5,531

    COMP ESTIMATED VALUE
  • $1.25

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8003$5,4004$7,500
$7,500
RENT COMPS ANALYSIS
  • 12034 E Yucca Street Scottsdale, AZ 1
    • 5 beds 4 baths ∙ 4,425 Sqft ∙ Built 2002 5 beds 4 baths ∙ 4,425 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12229 E Cortez Drive Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 4,159 Sqft ∙ Built 1995 5 beds 4 baths ∙ 4,159 Sqft ∙ Built 1995
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $0.91
    •  
  • 11262 E Beryl Avenue Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 4,591 Sqft ∙ Built 1993 5 beds 4 baths ∙ 4,591 Sqft ∙ Built 1993
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,400
    • $1.18
    •  
  • 12098 E Lupine Avenue Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 4,510 Sqft ∙ Built 2004 4 beds 4 baths ∙ 4,510 Sqft ∙ Built 2004
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $7,500
    • $1.66
    •  
PROPERTY LISTING DETAILS
Souren Hatsakorzian
The Biltmore Group Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6263359
Last Updated: 07/12/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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