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

8136 E Beardsley Road Scottsdale, AZ 85255

2 Beds 3 Baths 2,244 sqft Built 1999

$884,900

List Price

$3,100

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 25, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $394.34
  • 3 Days on Market
  • MLS # : 6174544
  • Updated Date : 12/26/2020 at 10:49
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,244 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

A-1 Designs. EXECUTIVE MOVE-IN READY Grayhawk GATED Home. Split Master with 3rd Room as Office/Den. Open Floor Plan W/ New LG Appliances + Double Wall Oven, ALL NEW 3 Panel LUXURY FLOORING, New Waterfall Quartz Island, Oversized KITCHEN ISLAND SINK For Entertaining, SMOOTH WALLS, Large Laundry Room W/Folding Station. Two LARGE BATHROOMS Both w/DOUBLE SINKS, Oversized PARTY SHOWER, Soaking Tub, Waterfall Rain Showers w/Hand Wand, Insane Amount of LED Lighting, Custom Grey Interior Doors, New Modern Baseboards/Door Casing, LEGRAND Modern Outlets Including Designer Grey In Kitchen! New Grecian Diamond Backsplash. Very LIGHT + BRIGHT Home. Almost New TRANE A/C, New Water Heater, Corner Home W/No One Behind For MORE PRIVACY. Too Much To List. COME NOW PLEASE ASAP!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Grayhawk

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $122k549k

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

Neighborhood: Grayhawk

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400Rent in $10453434

* 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
Grayhawk Elementary School Primary Regular 597 32 10
Grayhawk Elementary School Middle Regular 597 32 10
Pinnacle High School High Regular 2,443 96 8

Grayhawk Elementary School

  • Education Level: Primary
  • # of students: 597
  • # of teachers: 32
10
GreatSchools Rating

Grayhawk Elementary School

  • Education Level: Middle
  • # of students: 597
  • # of teachers: 32
10
GreatSchools Rating

Pinnacle High School

  • Education Level: High
  • # of students: 2,443
  • # of teachers: 96
8
GreatSchools Rating
 

$796,410$973,390$884,900

PURCHASE PRICE

$2,790$3,410$3,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,100
EXPENSES Loan Payment -$3,265
Property Tax -$659
Property Insurance -$71
HOA -$91
Property Management Fees -$99
CASH FLOW
-$1,085

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.

$884,900

PROJECTED PRICE

$3,100

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$240,249

INVESTMENT

$240,249

Down Payment
$221,225
Rehab Estimate
$5,750
Closing Costs
$13,274

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,265

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $221,225
Loan Amount $663,675
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$869

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
  • $2,923

    COMP ESTIMATED VALUE
  • $1.3

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,5003$2,9004$3,0005$3,350
$3,350
RENT COMPS ANALYSIS
  • 8136 E Beardsley Road Scottsdale, AZ 1
    • 2 beds 3 baths ∙ 2,244 Sqft ∙ Built 1999 2 beds 3 baths ∙ 2,244 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 20802 N Grayhawk Drive #1075 Scottsdale, AZ 2
    • 2 beds 3 baths ∙ 2,267 Sqft ∙ Built 1997 2 beds 3 baths ∙ 2,267 Sqft ∙ Built 1997
    property image
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.10
    •  
  • 8614 E Vista Del Lago -- Scottsdale, AZ 3
    • 2 beds 2 baths ∙ 2,149 Sqft ∙ Built 1987 2 beds 2 baths ∙ 2,149 Sqft ∙ Built 1987
    property image
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.35
    •  
  • 7932 E Feathersong Lane Scottsdale, AZ 4
    • 2 beds 3 baths ∙ 2,242 Sqft ∙ Built 2000 2 beds 3 baths ∙ 2,242 Sqft ∙ Built 2000
    property image
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.34
    •  
  • 8276 E Mohawk Lane Scottsdale, AZ 5
    • 2 beds 2 baths ∙ 2,366 Sqft ∙ Built 1996 2 beds 2 baths ∙ 2,366 Sqft ∙ Built 1996
    property image
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.42
    •  
PROPERTY LISTING DETAILS
Arun Dev
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174544
Last Updated: 12/26/2020
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.

BESbswy