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8004 E Soaring Eagle Way Scottsdale, AZ 85266

4 Beds 4 Baths 4,949 sqft Built 2006

$1,859,999

List Price

$6,690

$6.4K - $6.9K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $375.83
  • 3 Days on Market
  • MLS # : 6183225
  • Updated Date : 01/31/2021 at 00:17
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,949 sqft
  • Baths : 4 full
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

DONT MISS THIS ONE IT WONT LAST LONG! One of a kind home meticulously maintained. Originally built by the contractor for his own family so only the highest quality material's and craftsmanship were used. Mediterranean style courtyard leads to to your foyer and then into an open living area with gourmet kitchen breakfast area and formal dining room . Sliders lead to your secluded outdoor paradise with mountain views heated pool/spa gazebo outdoor kitchen gas firepit and separate calming waterfall and pond . Designer iron art work adorns your backyard fence , rare agave tree and numerous fruit trees complete your backyard oasis. Split floor plan has a spacious Master Suite with high end marble counters & fixtures. Separate casita with its own gas fireplace and Heating / cooling system

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Boulders

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $122k717k

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

Neighborhood: Boulders

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200340036003800Rent in $10453924

* 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
 

$1,673,999$2,045,999$1,859,999

PURCHASE PRICE

$6,021$7,359$6,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $6,690
EXPENSES Loan Payment -$6,460
Property Tax -$869
Property Insurance -$124
Property Management Fees -$99
CASH FLOW
-$862

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.

$1,859,999

PROJECTED PRICE

$6,690

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.5%
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$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k$30k$40k$50k$60k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$498,650

INVESTMENT

$498,650

Down Payment
$465,000
Rehab Estimate
$5,750
Closing Costs
$27,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$6,460

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $465,000
Loan Amount $1,394,999
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$47,358

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
  • $7,943

    COMP ESTIMATED VALUE
  • $1.61

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$7,5003$9,000
$9,000
RENT COMPS ANALYSIS
  • 8004 E Soaring Eagle Way Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 4,949 Sqft ∙ Built 2006 4 beds 4 baths ∙ 4,949 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8541 E Tumbleweed Drive Scottsdale, AZ 2
    • 4 beds 5 baths ∙ 5,051 Sqft ∙ Built 2014 4 beds 5 baths ∙ 5,051 Sqft ∙ Built 2014
    LEASED 04/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $7,500
    • $1.48
    •  
  • 34068 N 79th Way Scottsdale, AZ 3
    • 5 beds 5 baths ∙ 5,208 Sqft ∙ Built 1996 5 beds 5 baths ∙ 5,208 Sqft ∙ Built 1996
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $9,000
    • $1.73
    •  
PROPERTY LISTING DETAILS
John Wallitschek
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183225
Last Updated: 01/31/2021
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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