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6642 E Bent Tree Drive Scottsdale, AZ 85266

4 Beds 5 Baths 4,701 sqft Built 2004

$1,649,000

List Price

$4,990

$4.7K - $5.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $350.78
  • 4 Days on Market
  • MLS # : 6200592
  • Updated Date : 03/06/2021 at 22:34
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,701 sqft
  • Baths : 4 full , 1 half
Listing Agent

Corcoran Platinum Living

Listing Agent's Description

Blessed with a prime 1.85-acre setting (second-largest lot in Saguaro Highlands), this elegant home embodies luxurious North Scottsdale living -- serene and sophisticated yet warm and welcoming. Front: Immaculately manicured desert landscaping. Foliage-rich courtyard w/stone-trimmed fireplace. Inside: Salon-like living room w/wet bar, fireplace, tall windows, wide sliding doors to alfresco amenities. Gourmet kitchen with handsome cabinetry, gorgeous granite, built-in cold-storage units. Fireplaced family room w/notched-edge beamed ceiling, easy-glide doors to pool/patios. Sumptuous owner's retreat. Casita: Perfect for guests, multi-gen living, billiards, gaming center, poker parlor, dance studio (has large mirrored wall). Rear grounds: Shimmering waterfall pool. Oversized spillover spa. BBQ

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Saguaro Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k940k

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

Neighborhood: Saguaro Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000450050005500Rent in $10455505

* 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
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8
Sonoran Trails Middle School Middle Unknown NA

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

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$1,484,100$1,813,900$1,649,000

PURCHASE PRICE

$4,491$5,489$4,990

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,990
EXPENSES Loan Payment -$5,728
Property Tax -$770
Property Insurance -$119
HOA -$107
Property Management Fees -$99
CASH FLOW
-$1,832

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.

$1,649,000

PROJECTED PRICE

$4,990

PROJECTED RENT

0.30%

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$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

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

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$442,735

INVESTMENT

$442,735

Down Payment
$412,250
Rehab Estimate
$5,750
Closing Costs
$24,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$5,728

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $412,250
Loan Amount $1,236,750
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$2,360

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,990

    LIST RENT
  • $1.06

    LIST RENT PER SQFT
  • $3,808

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$4,990
$4,990
RENT COMPS ANALYSIS
  • 6642 E Bent Tree Drive Scottsdale, AZ 2
    • 4 beds 5 baths ∙ 4,701 Sqft ∙ Built 2004 4 beds 5 baths ∙ 4,701 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $4,990
    • $1.06
    •  
  • 7380 E Mark Lane Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 4,421 Sqft ∙ Built 1995 4 beds 4 baths ∙ 4,421 Sqft ∙ Built 1995
    LEASED 07/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.81
    •  
PROPERTY LISTING DETAILS
Allen Studebaker
Corcoran Platinum Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6200592
Last Updated: 03/06/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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