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12530 E Kalil Drive Scottsdale, AZ 85259

4 Beds 3 Baths 3,201 sqft Built 1991

$995,000

List Price

$3,820

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $310.84
  • 2 Days on Market
  • MLS # : 6179015
  • Updated Date : 01/09/2021 at 15:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,201 sqft
  • Baths : 3 full
Listing Agent

Realty Executives

Listing Agent's Description

If you are looking for a fabulous 4 bed 3 bath remodel single level beauty in a gated community cul de sac location close to Basis and Desert Mt look no further....upscale finishes t/o from a redesigned gourmet kitchen w/ Ronnie Gris wood plank tile flooring to a deluxe custom wine room & Venatino Grey quartz to Kraus Chef Sink & Sink roller to Caseta lighting, new toilets, new water softner, newer roof and AC, all baths have been updated, custom shower doors, newer pebble sheen waterfall pool, new landscaping & irrigation front & back, iron entry door, new marble Go Flame electric, fireplace,tons of Shutters, French Doors, rainforest showers, new laundry rm w/ cabinets & sink,garage cabs, new fans, new Gallery kitchen s/s appliances, new interior & exterior paint ..this home is a 10!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sonoran Heights

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Sonoran Heights

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400360038004000Rent in $10454068

* 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
 

$895,500$1,094,500$995,000

PURCHASE PRICE

$3,438$4,202$3,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,820
EXPENSES Loan Payment -$3,456
Property Tax -$465
Property Insurance -$90
HOA -$11
Property Management Fees -$99
CASH FLOW
-$301

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.

$995,000

PROJECTED PRICE

$3,820

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.6%
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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$269,425

INVESTMENT

$269,425

Down Payment
$248,750
Rehab Estimate
$5,750
Closing Costs
$14,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$3,456

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $248,750
Loan Amount $746,250
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$34,041

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
  • $3,329

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8003$3,0004$3,2005$3,800
$3,800
RENT COMPS ANALYSIS
  • 12530 E Kalil Drive Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,201 Sqft ∙ Built 1991 4 beds 3 baths ∙ 3,201 Sqft ∙ Built 1991
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12653 E Laurel Lane Scottsdale, AZ 2
    • 3 beds 3 baths ∙ 3,096 Sqft ∙ Built 1994 3 beds 3 baths ∙ 3,096 Sqft ∙ Built 1994
    LEASED 06/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.90
    •  
  • 10937 N 123rd Street Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 1993 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 1993
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.98
    •  
  • 12210 E Desert Cove Avenue Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 1991 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 1991
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.05
    •  
  • 12530 E Poinsettia Drive Scottsdale, AZ 5
    • 3 beds 3 baths ∙ 3,096 Sqft ∙ Built 1996 3 beds 3 baths ∙ 3,096 Sqft ∙ Built 1996
    LEASED 12/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.23
    •  
PROPERTY LISTING DETAILS
Denise S Monteforte
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179015
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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