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8129 E Arroyo Seco Road Scottsdale, AZ 85266

5 Beds 5 Baths 3,760 sqft Built 2001

INVESTimate

$895,000

List Price

$4,930

$4,680 - $5,180

Rent Est.

$917,554  ( +2.52%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 2001
  • Price/Sqft : $238.03
  • 6 Days on Market
  • MLS # : 6120525
  • Updated Date : 08/21/2020 at 00:37
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,760 sqft
  • Baths : 4 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Absolutely gorgeous luxury home located on a quiet cul-de-sac with spectacular views of Black Mountain in the desirable, quiet and custom Sand Flower neighborhood. This home is set back beautifully from the street and surrounded by a desert landscaped walkway and front yard. As you enter the front door, you are greeted by the majestic black mountain views and beautiful cherry (REAL) hardwood floors. This spectacular single story home (no steps) features an open floor plan with lots of extra space. The floor plan is extremely functional and flows well to assist in entertaining lots of friends and family. Read more to learn about the gourmet kitchen and fantastic backyard....

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sand Flower

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800kPrice in $122k899k

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

Neighborhood: Sand Flower

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500Rent in $10454821

* 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
Black Mountain Elementary School Primary Regular 463 29 8
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Black Mountain Elementary School

  • Education Level: Primary
  • # of students: 463
  • # of teachers: 29
8
GreatSchools Rating

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
 

$805,500$984,500$895,000

PURCHASE PRICE

$4,437$5,423$4,930

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,930
EXPENSES Loan Payment -$3,302
Property Tax -$450
Property Insurance -$100
HOA -$43
Property Management Fees -$99
CASH FLOW
$936

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.

$895,000

PROJECTED PRICE

$4,930

PROJECTED RENT

0.55%

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$242,925

INVESTMENT

$242,925

Down Payment
$223,750
Rehab Estimate
$5,750
Closing Costs
$13,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$3,302

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $223,750
Loan Amount $671,250
See What Happens When You Reinvest Cash Flow

11.17

YEARS SAVED

$176,401

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
  • $4,875

    COMP ESTIMATED VALUE
  • $1.3

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,7503$5,5004$5,500
$5,500
RENT COMPS ANALYSIS
  • 8129 E Arroyo Seco Road Scottsdale, 1
    • 5 beds 5 baths ∙ 3,760 Sqft ∙ Built 2001 5 beds 5 baths ∙ 3,760 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 36210 E Sidewinder Road Carefree, 2
    • 4 beds 3 baths ∙ 3,905 Sqft ∙ Built 1983 4 beds 3 baths ∙ 3,905 Sqft ∙ Built 1983
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $0.96
    •  
  • 8239 E Paint Pony Drive Carefree, 3
    • 4 beds 4 baths ∙ 3,740 Sqft ∙ Built 1984 4 beds 4 baths ∙ 3,740 Sqft ∙ Built 1984
    LEASED 09/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $1.47
    •  
  • 8193 E Sand Flower Drive Scottsdale, 4
    • 5 beds 5 baths ∙ 3,760 Sqft ∙ Built 1999 5 beds 5 baths ∙ 3,760 Sqft ∙ Built 1999
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $1.46
    •  
PROPERTY LISTING DETAILS
Jacqueline Miller
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120525
Last Updated: 08/21/2020
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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