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12277 N 134th Way Scottsdale, AZ 85259

4 Beds 4 Baths 4,565 sqft Built 2000

$1,099,000

List Price

$4,890

$4.6K - $5.1K

Rent Est.

PROPERTY INFO

November 01, 2020 RECENTLY ADDED
FACTS
  • Built In 2000
  • Price/Sqft : $240.74
  • 3 Days on Market
  • MLS # : 6154751
  • Updated Date : 11/02/2020 at 14:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,565 sqft
  • Baths : 4 full
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Stunning custom home in double gated hillside sub-division within prestigious Scottsdale. Mtn. Breath-taking views of the valley from private balcony off posh 2nd-level master ste. equipped with jacuzzi & steam room. 3 bedrooms on main level with ensuite bath & walk in closets. Fountain courtyard off family room. Private pool/spa. Chef kitchen with expansive granite/mahogany kitchen, huge great room with dramatic 20ft ceilings, built-in ent. system, and cozy fireplace. Must see

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Scottsdale Mountain Summit

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k951k

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

Neighborhood: Scottsdale Mountain Summit

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000450050005500Rent in $10455581

* 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
 

$989,100$1,208,900$1,099,000

PURCHASE PRICE

$4,401$5,379$4,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,890
EXPENSES Loan Payment -$4,055
Property Tax -$514
Property Insurance -$116
HOA -$23
Property Management Fees -$99
CASH FLOW
$83

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.

$1,099,000

PROJECTED PRICE

$4,890

PROJECTED RENT

0.44%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$10k$20k$30k$40k$50k$60k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$296,985

INVESTMENT

$296,985

Down Payment
$274,750
Rehab Estimate
$5,750
Closing Costs
$16,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$4,055

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $274,750
Loan Amount $824,250
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$85,381

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
  • $5,352

    COMP ESTIMATED VALUE
  • $1.17

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,0003$5,2504$5,4005$6,000
$6,000
RENT COMPS ANALYSIS
  • 12277 N 134th Way Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 4,565 Sqft ∙ Built 2000 4 beds 4 baths ∙ 4,565 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12034 E Yucca Street Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 4,425 Sqft ∙ Built 2002 5 beds 4 baths ∙ 4,425 Sqft ∙ Built 2002
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.13
    •  
  • 12475 N 134th Way Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 4,877 Sqft ∙ Built 1998 4 beds 4 baths ∙ 4,877 Sqft ∙ Built 1998
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,250
    • $1.08
    •  
  • 12141 N Sunset Vista Drive Fountain Hills, AZ 4
    • 5 beds 5 baths ∙ 4,800 Sqft ∙ Built 2007 5 beds 5 baths ∙ 4,800 Sqft ∙ Built 2007
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,400
    • $1.13
    •  
  • 13496 E Bloomfield Drive Scottsdale, AZ 5
    • 4 beds 5 baths ∙ 4,427 Sqft ∙ Built 1997 4 beds 5 baths ∙ 4,427 Sqft ∙ Built 1997
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $6,000
    • $1.36
    •  
PROPERTY LISTING DETAILS
Jennifer L. Wilson
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154751
Last Updated: 11/02/2020
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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