Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

6325 N 82nd Street Scottsdale, AZ 85250

3 Beds 2 Baths 1,380 sqft Built 1967

$575,000

List Price

$1,970

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1967
  • Price/Sqft : $416.67
  • 3 Days on Market
  • MLS # : 6179467
  • Updated Date : 01/16/2021 at 05:03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,380 sqft
  • Baths : 2 full
Listing Agent

Modern Portfolio Real Estate Services

Listing Agent's Description

Modern Remodel just completed on this classic Scottsdale block home. New cabinets in Kitchen and Baths. Beautiful Quartz counters with new fixtures. Massive island in Kitchen w/ seating for 4.New Convection oven and Microwave. Fresh paint inside and out. Wood-plank Porcelain tile, New Carpet, ceiling fans, pendants and lights. New doors. Refurbished pool with resurfaced pool deck. New front door and Garage door. New yard landscaping w/ artificial turf in backyard. Cozy fire-pit and a great view of Camelback Mountain. Roof and A/C in good condition. New Gas water heater. Large outdoor storage room off patio. Separate storage Shed. Large side parking area. Walk to schools, Great family neighborhood. Gorgeous Sunsets. Easy to show. Buyer to verify all facts and figures.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Indian Bend

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $109k465k

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

Neighborhood: Indian Bend

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10182993

* 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
Pueblo Elementary School Primary Regular 492 28 9
Mohave Middle School Middle Regular 816 48 7
Saguaro High School High Regular 1,316 63 7

Pueblo Elementary School

  • Education Level: Primary
  • # of students: 492
  • # of teachers: 28
9
GreatSchools Rating

Mohave Middle School

  • Education Level: Middle
  • # of students: 816
  • # of teachers: 48
7
GreatSchools Rating

Saguaro High School

  • Education Level: High
  • # of students: 1,316
  • # of teachers: 63
7
GreatSchools Rating
 

$517,500$632,500$575,000

PURCHASE PRICE

$1,773$2,167$1,970

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,970
EXPENSES Loan Payment -$1,997
Property Tax -$269
Property Insurance -$54
Property Management Fees -$99
CASH FLOW
-$449

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$575,000

PROJECTED PRICE

$1,970

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$158,125

INVESTMENT

$158,125

Down Payment
$143,750
Rehab Estimate
$5,750
Closing Costs
$8,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,997

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $143,750
Loan Amount $431,250
See What Happens When You Reinvest Cash Flow

1.83

YEARS SAVED

$6,895

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
  • $1,960

    COMP ESTIMATED VALUE
  • $1.42

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6803$2,0004$2,0355$2,300
$2,300
RENT COMPS ANALYSIS
  • 6325 N 82nd Street Scottsdale, AZ 1
    • 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1967 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1967
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8213 E Rose Lane Scottsdale, AZ 2
    • 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1970
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,680
    • $1.24
    •  
  • 8235 E Rose Lane Scottsdale, AZ 3
    • 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1970
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.48
    •  
  • 8243 E Redwing Road Scottsdale, AZ 4
    • 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1967 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1967
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,035
    • $1.47
    •  
  • 8425 E Keim Drive Scottsdale, AZ 5
    • 3 beds 2 baths ∙ 1,544 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,544 Sqft ∙ Built 1963
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.49
    •  
PROPERTY LISTING DETAILS
Tom Breece
Modern Portfolio Real Estate Services
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179467
Last Updated: 01/16/2021
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.

BESbswy