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6034 E Coyote Wash Drive Scottsdale, AZ 85266

4 Beds 3 Baths 3,661 sqft Built 1997

$619,900

List Price

$3,490

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 1997
  • Price/Sqft : $169.33
  • 2 Days on Market
  • MLS # : 6157742
  • Updated Date : 11/07/2020 at 12:34
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,661 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Fine Properties

Listing Agent's Description

Beautiful home in North Scottsdale with a premium lot that has views of Black Mountain and backs to Natural Area Open Space! The kitchen is a chiefs dream with a Decor 6 burner gas range & double ovens, Sub Zero refrigerator, Dutch Panty, beautiful Alder cabinets, built in Ice maker, Bosch dishwasher and honed granite countertops. The floors are a very neutral color of Slate stone, just beautiful and very unique! The backyard oasis has a built in BBQ, Fireplace with seating area, water fountain and lots of area for children to play or even add a pool! The bonus/game room upstairs with a walk out balcony is great for entertaining. This floor plan with its split master bedroom gives plenty of privacy. So many extras you must see: Plantation Shutters throughout, two A/C units - 2 years old

SEE MORE

PRICE & RENT TRENDS

Neighborhood: La Buena Vida Estates

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $122k599k

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

Neighborhood: La Buena Vida Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400Rent in $10453493

* 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
Black Mountain Elementary School Primary Regular 463 29 8
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Black Mountain Elementary School

  • Education Level: Primary
  • # of students: 463
  • # of teachers: 29
8
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
 

$557,910$681,890$619,900

PURCHASE PRICE

$3,141$3,839$3,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,490
EXPENSES Loan Payment -$2,287
Property Tax -$289
Property Insurance -$99
HOA -$9
Property Management Fees -$99
CASH FLOW
$707

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.

$619,900

PROJECTED PRICE

$3,490

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.5%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$170,024

INVESTMENT

$170,024

Down Payment
$154,975
Rehab Estimate
$5,750
Closing Costs
$9,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$2,287

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $154,975
Loan Amount $464,925
See What Happens When You Reinvest Cash Flow

11.5

YEARS SAVED

$128,473

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
  • $4,338

    COMP ESTIMATED VALUE
  • $1.19

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8003$4,250
$4,250
RENT COMPS ANALYSIS
  • 6034 E Coyote Wash Drive Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,661 Sqft ∙ Built 1997 4 beds 3 baths ∙ 3,661 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5679 E Perdido Drive Cave Creek, AZ 2
    • 5 beds 4 baths ∙ 3,315 Sqft ∙ Built 1995 5 beds 4 baths ∙ 3,315 Sqft ∙ Built 1995
    LEASED 06/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.15
    •  
  • 5829 E Agave Place #views Carefree, AZ 3
    • 4 beds 4 baths ∙ 3,489 Sqft ∙ Built 1995 4 beds 4 baths ∙ 3,489 Sqft ∙ Built 1995
    LEASED 07/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $1.22
    •  
PROPERTY LISTING DETAILS
Katherine White
Re/max Fine Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157742
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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