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

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

4 Beds 5 Baths 3,599 sqft Built 2004

$1,375,000

List Price

$5,370

$5.1K - $5.6K

Rent Est.

PROPERTY INFO

February 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $382.05
  • 7 Days on Market
  • MLS # : 6191402
  • Updated Date : 02/09/2021 at 18:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,599 sqft
  • Baths : 4 full , 1 half
Listing Agent

Re/max Fine Properties

Listing Agent's Description

This awesome fully furnished former model is an excellent investment property w/long term tenant. Situated on one of the best lots in the cul-de-sac this home has an excellent floor plan w/ 3 beds + office in main house + full casita. Tall ceilings along w/ huge windows make this feel like a custom home w/ upgrades everywhere incl. custom 42'' cabinets, granite counters, tumbled stone & wood floors, updated baths w/ marble shower surrounds & quartz counters, new light fixtures & LED cans, custom ceiling fans, plantation shutters & amazing 17' pocket door in living room. Chef's kitchen has SS appliances, huge island w/ sink & pendant lights, & stone backsplash. Backyard's a resort w/ p-tec pool/spa, b-in BBQ, fireplace, & all backing up to a preserve. Immediate cash flow w/future upside

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
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
 

$1,237,500$1,512,500$1,375,000

PURCHASE PRICE

$4,833$5,907$5,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,370
EXPENSES Loan Payment -$4,776
Property Tax -$642
Property Insurance -$97
HOA -$225
Property Management Fees -$99
CASH FLOW
-$469

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.

$1,375,000

PROJECTED PRICE

$5,370

PROJECTED RENT

0.39%

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

PROJECTED ANNUAL CASH FLOW

11530-$10k$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$370,125

INVESTMENT

$370,125

Down Payment
$343,750
Rehab Estimate
$5,750
Closing Costs
$20,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$4,776

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $343,750
Loan Amount $1,031,250
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$43,073

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
  • $5,165

    COMP ESTIMATED VALUE
  • $1.44

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,0003$6,000
$6,000
RENT COMPS ANALYSIS
  • 7552 E Camino Puesta Del Sol -- Scottsdale, AZ 1
    • 4 beds 5 baths ∙ 3,599 Sqft ∙ Built 2004 4 beds 5 baths ∙ 3,599 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1629 N Quartz Valley Road Scottsdale, AZ 2
    • 3 beds 4 baths ∙ 3,940 Sqft ∙ Built 1985 3 beds 4 baths ∙ 3,940 Sqft ∙ Built 1985
    property image
    LEASED 09/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.27
    •  
  • 8129 E Arroyo Seco Road Scottsdale, AZ 3
    • 5 beds 5 baths ∙ 3,760 Sqft ∙ Built 2001 5 beds 5 baths ∙ 3,760 Sqft ∙ Built 2001
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $6,000
    • $1.60
    •  
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 #: 6191402
Last Updated: 02/09/2021
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.

BESbswy