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7552 E Camino Puesta Del Sol -- Scottsdale, AZ 85266

4 Beds 5 Baths 3,599 sqft Built 2004

INVESTimate

$1,289,000

List Price

$4,050

$3,800 - $4,300

Rent Est.

$1,321,483  ( +2.52%)   1 YR EST. FORECAST

PROPERTY INFO

August 23, 2020 RECENTLY ADDED
FACTS
  • Built In 2004
  • Price/Sqft : $358.16
  • 4 Days on Market
  • MLS # : 6121541
  • Updated Date : 08/25/2020 at 11:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,599 sqft
  • Baths : 4 full , 1 half
Listing Agent

Re/max Fine Properties

Listing Agent's Description

This refreshed & renewed Columbia home is the former model in Los Piedras at Sevano Village. Sitting on one of the best lots in a cul de sac this home has an excellent floor plan w/3 bedrooms plus an office in main house + full detached casita. Tall ceilings along w/tons of windows throughout make this feel like a custom home w/upgrades everywhere including custom 42'' cabinets w/hardware, granite counters, tumbled stone & wood floors, updated baths w/marble shower surrounds & quartz counters, new light fixtures & LED cans, custom ceiling fans, plantation shutters, & awesome 17' pocket door in living room. Chef's kitchen has SS appliances, huge island w/sink & pendant lights, & stone backsplash. Back yard is a resort w/p-tec pool & spa, b-in BBQ, fireplace, & all backing up to preserve.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sevano Village

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800kPrice in $122k863k

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

Neighborhood: Sevano Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q215002000250030003500400045005000Rent in $10455036

* 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
Lone Mountain Elementary School Primary Regular 589 31 9
Lone Mountain Elementary School Middle Regular 589 31 9
Cactus Shadows High School High Regular 1,704 70 8

Lone Mountain Elementary School

  • Education Level: Primary
  • # of students: 589
  • # of teachers: 31
9
GreatSchools Rating

Lone Mountain Elementary School

  • Education Level: Middle
  • # of students: 589
  • # of teachers: 31
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating
 

$1,160,100$1,417,900$1,289,000

PURCHASE PRICE

$3,645$4,455$4,050

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,050
EXPENSES Loan Payment -$4,756
Property Tax -$602
Property Insurance -$91
HOA -$225
Property Management Fees -$99
CASH FLOW
-$1,722

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.

$1,289,000

PROJECTED PRICE

$4,050

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.52%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$347,335

INVESTMENT

$347,335

Down Payment
$322,250
Rehab Estimate
$5,750
Closing Costs
$19,335

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,756

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $322,250
Loan Amount $966,750
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$579

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
  • $3,559

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8503$3,2004$3,7005$3,900
$3,900
RENT COMPS ANALYSIS
  • 7552 E Camino Puesta Del Sol -- Scottsdale, 1
    • 4 beds 5 baths ∙ 3,265 Sqft ∙ Built 2004 4 beds 5 baths ∙ 3,265 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 7622 E Shooting Star Way Scottsdale, 2
    • 3 beds 4 baths ∙ 2,954 Sqft ∙ Built 1998 3 beds 4 baths ∙ 2,954 Sqft ∙ Built 1998
    LEASED 03/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.96
    •  
  • 30396 N 72nd Place Scottsdale, 3
    • 4 beds 4 baths ∙ 3,174 Sqft ∙ Built 2005 4 beds 4 baths ∙ 3,174 Sqft ∙ Built 2005
    LEASED 11/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.01
    •  
  • 7890 E Las Piedras Way Scottsdale, 4
    • 4 beds 3 baths ∙ 3,133 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,133 Sqft ∙ Built 1998
    LEASED 09/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.18
    •  
  • 8535 E Preserve Way Scottsdale, 5
    • 4 beds 4 baths ∙ 3,229 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,229 Sqft ∙ Built 2004
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.21
    •  
PROPERTY LISTING DETAILS
Darren H Tackett
Re/max Fine Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6121541
Last Updated: 08/25/2020
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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