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8131 E Kalil Drive Scottsdale, AZ 85260

3 Beds 3 Baths 3,693 sqft Built 1990

$1,395,000

List Price

$5,280

$5K - $5.5K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $377.74
  • 5 Days on Market
  • MLS # : 6174321
  • Updated Date : 01/06/2021 at 16:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,693 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Custom home located in the desirable 24 Hour Guard Gated Golf community of Scottsdale Country Club East Nine. 3 Bedroom plus office with approx. 3693 Square Feet. Formal Dining Room. Large Living room with high ceilings and dramatic fireplace.Remodeled kitchen with granite counter tops and 6 Burner Vicking stove. This custom has been maintained meticulously and contains many upgrades. Large pool and spa. Outstanding Golf course and mountain views. Oversized 3 Car Garage. Community amenities include 24 hour Guard Gated, community tennis courts and weekly front yard landscape maintenance.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Scottsdale Country Club East

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $122k703k

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

Neighborhood: Scottsdale Country Club East

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $10453397

* 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
 

$1,255,500$1,534,500$1,395,000

PURCHASE PRICE

$4,752$5,808$5,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,280
EXPENSES Loan Payment -$4,845
Property Tax -$652
Property Insurance -$99
HOA -$432
Property Management Fees -$99
CASH FLOW
-$848

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.

$1,395,000

PROJECTED PRICE

$5,280

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.2%
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-$20k-$10k$0.0$10k$20k$30k$40k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$375,425

INVESTMENT

$375,425

Down Payment
$348,750
Rehab Estimate
$5,750
Closing Costs
$20,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,845

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $348,750
Loan Amount $1,046,250
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$20,449

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $5,280

    LIST RENT
  • $1.43

    LIST RENT PER SQFT
  • $4,635

    COMP ESTIMATED VALUE
  • $1.26

    COMP AVG. RENT PER SQFT
Comps Range
$4,300
1$4,3002$5,0003$5,280
$5,280
RENT COMPS ANALYSIS
  • 8131 E Kalil Drive Scottsdale, AZ 3
    • 3 beds 3 baths ∙ 3,693 Sqft ∙ Built 1990 3 beds 3 baths ∙ 3,693 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $5,280
    • $1.43
    •  
  • 8732 E Sharon Drive Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,969 Sqft ∙ Built 1997 4 beds 4 baths ∙ 3,969 Sqft ∙ Built 1997
    LEASED 07/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,300
    • $1.08
    •  
  • 10811 N Miller Road Scottsdale, AZ 2
    • 4 beds 3 baths ∙ 3,500 Sqft ∙ Built 1970 4 beds 3 baths ∙ 3,500 Sqft ∙ Built 1970
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.43
    •  
PROPERTY LISTING DETAILS
Mark Walters
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174321
Last Updated: 01/06/2021
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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