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12911 E Desert Trail Scottsdale, AZ 85259

4 Beds 4 Baths 4,668 sqft Built 2001

$1,725,000

List Price

$6,060

$5.8K - $6.3K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2001
  • Price/Sqft : $369.54
  • 3 Days on Market
  • MLS # : 6157201
  • Updated Date : 11/07/2020 at 13:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,668 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

BREATHTAKING CITY LIGHTS & MTN VIEWS FROM THIS MAGNIFICENT TERRITORIAL HOME!! BCKYRD IS AN ENTERTAINERS DELIGHT BOASTING A NEGATIVE EDGE HEATED POOL & SPA W/ROCK WATERFALL & INCREDIBLE VIEWS! BLT-IN BBQ & SITTING AREA - GOURMET KITCHEN W/GRANITE CNTRTOPS & CENTER ISLAND/BRKFAST BAR - BUTLERS PANTRY & WALK-IN WETBAR - CUSTOM DESIGNED MOVIE THEATRE RM W/DOBIE SOUND SYSTEM - ALL BDRMS INCLUDING THEIR OWN FULL PRIVATE BATHROOMS - VLTD CEILINGS T/O, GAS FRPL IN FMLY RM + VIEWS FROM ALMOST EVERY RM! 3 CAR GARAGE W/NEWLY EPOXY FLOORS, FRESHLY PAINTED INTERIOR & EXTERIOR + MUCH, MORE! TOO MANY AMENTIES TO LIST - A MUST SEE!! EXCELLENT COMMUNITY BENEFITS!!

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PRICE & RENT TRENDS

Neighborhood: Scottsdale Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Scottsdale Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500Rent in $10454655

* 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
 

$1,552,500$1,897,500$1,725,000

PURCHASE PRICE

$5,454$6,666$6,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $6,060
EXPENSES Loan Payment -$6,364
Property Tax -$1,029
Property Insurance -$118
HOA -$20
Property Management Fees -$99
CASH FLOW
-$1,570

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.

$1,725,000

PROJECTED PRICE

$6,060

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 1.0%
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$4.0M

PROJECTED ANNUAL CASH FLOW

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

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$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$462,875

INVESTMENT

$462,875

Down Payment
$431,250
Rehab Estimate
$5,750
Closing Costs
$25,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$6,364

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $431,250
Loan Amount $1,293,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$12,479

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $6,060

    LIST RENT
  • $1.3

    LIST RENT PER SQFT
  • $5,508

    COMP ESTIMATED VALUE
  • $1.18

    COMP AVG. RENT PER SQFT
Comps Range
$5,000
1$5,0002$5,2503$5,5004$5,9005$6,060
$6,060
RENT COMPS ANALYSIS
  • 12911 E Desert Trail Scottsdale, AZ 5
    • 4 beds 4 baths ∙ 4,668 Sqft ∙ Built 2001 4 beds 4 baths ∙ 4,668 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $6,060
    • $1.30
    •  
  • 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
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.13
    •  
  • 12475 N 134th Way Scottsdale, AZ 2
    • 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
    •  
  • 12059 N 118th Street Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 4,356 Sqft ∙ Built 1996 5 beds 4 baths ∙ 4,356 Sqft ∙ Built 1996
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $1.26
    •  
  • 12195 N 119th Street Scottsdale, AZ 4
    • 5 beds 5 baths ∙ 4,720 Sqft ∙ Built 2000 5 beds 5 baths ∙ 4,720 Sqft ∙ Built 2000
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,900
    • $1.25
    •  
PROPERTY LISTING DETAILS
Linda Booker
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157201
Last Updated: 11/07/2020
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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