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7363 E Vaquero Drive Scottsdale, AZ 85258

3 Beds 3 Baths 3,472 sqft Built 1998

$1,200,000

List Price

$5,100

$4.9K - $5.4K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $345.62
  • 5 Days on Market
  • MLS # : 6180349
  • Updated Date : 01/13/2021 at 19:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,472 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ventana Fine Properties

Listing Agent's Description

Exclusive Resort-Style living in guard-gated Gainey Village features 3 bedrooms - plus den, 2.5 baths and a 3 car garage! North/South lot! Incredibly spacious with dramatic high ceilings & lots of natural light! Travertine floors, 24 ft living room celling, large upgraded kitchen with granite slab countertops, glass tile backsplash & stainless appliances opens to beautiful family room with stacked stone fireplace wall! Lush backyard landscaping with sparkling pool, vase fountains & flagstone decking! 3 car garage with built-in cabinets. Walking distance to restaurants, shopping, fitness club & golf.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Gainey Village Villas

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k927k

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

Neighborhood: Gainey Village Villas

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000Rent in $10454388

* 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
Cochise Elementary School Primary Regular 579 33 10
Cocopah Middle School Middle Regular 899 43 9
Chaparral High School High Regular 2,053 87 7

Cochise Elementary School

  • Education Level: Primary
  • # of students: 579
  • # of teachers: 33
10
GreatSchools Rating

Cocopah Middle School

  • Education Level: Middle
  • # of students: 899
  • # of teachers: 43
9
GreatSchools Rating

Chaparral High School

  • Education Level: High
  • # of students: 2,053
  • # of teachers: 87
7
GreatSchools Rating
 

$1,080,000$1,320,000$1,200,000

PURCHASE PRICE

$4,590$5,610$5,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,100
EXPENSES Loan Payment -$4,168
Property Tax -$561
Property Insurance -$95
HOA -$113
Property Management Fees -$99
CASH FLOW
$64

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.

$1,200,000

PROJECTED PRICE

$5,100

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.9%
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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$323,750

INVESTMENT

$323,750

Down Payment
$300,000
Rehab Estimate
$5,750
Closing Costs
$18,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$4,168

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $300,000
Loan Amount $900,000
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$75,822

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
  • $4,592

    COMP ESTIMATED VALUE
  • $1.32

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8503$4,4994$4,5005$4,900
$4,900
RENT COMPS ANALYSIS
  • 7363 E Vaquero Drive Scottsdale, AZ 1
    • 3 beds 3 baths ∙ 3,472 Sqft ∙ Built 1998 3 beds 3 baths ∙ 3,472 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 7275 N Scottsdale Road #1014 Paradise Valley, AZ 2
    • 4 beds 4 baths ∙ 3,161 Sqft ∙ Built 2009 4 beds 4 baths ∙ 3,161 Sqft ∙ Built 2009
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $1.22
    •  
  • 8320 E Via De La Luna -- Scottsdale, AZ 3
    • 3 beds 3 baths ∙ 3,166 Sqft ∙ Built 1979 3 beds 3 baths ∙ 3,166 Sqft ∙ Built 1979
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,499
    • $1.42
    •  
  • 7500 E Mccormick Parkway #68 Scottsdale, AZ 4
    • 3 beds 3 baths ∙ 3,629 Sqft ∙ Built 1981 3 beds 3 baths ∙ 3,629 Sqft ∙ Built 1981
    LEASED 01/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.24
    •  
  • 7389 E Woodsage Lane Scottsdale, AZ 5
    • 4 beds 3 baths ∙ 3,472 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,472 Sqft ∙ Built 1999
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,900
    • $1.41
    •  
PROPERTY LISTING DETAILS
Grant R Mastre
Ventana Fine Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6180349
Last Updated: 01/13/2021
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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