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8159 E Del Barquero Drive Scottsdale, AZ 85258

5 Beds 3 Baths 3,212 sqft Built 1978

$960,000

List Price

$3,390

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

December 15, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $298.88
  • 6 Days on Market
  • MLS # : 6169539
  • Updated Date : 12/17/2020 at 13:04
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,212 sqft
  • Baths : 3 full
Listing Agent

Hague Partners

Listing Agent's Description

5 Bedrooms /3 bath Fabulous Home ( 5th bedroom and 3rd bath detached) with amazing bright courtyard- additional 1000 approx sq ft added on for a detached office plus casita with kitchenette!Kitchen, Roof, 3 AC units and pool new in last 3-4 years. A perfect remodel opportunity in coveted area with great backyard flanked by a myriad of fruit trees and complete with sunshades, misters & Pebbletec pool, spa, and BBQ

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Heritage Village III

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k465k

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

Neighborhood: Heritage Village III

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000120014001600180020002200240026002800Rent in $9472993

* 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
 

$864,000$1,056,000$960,000

PURCHASE PRICE

$3,051$3,729$3,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,390
EXPENSES Loan Payment -$3,542
Property Tax -$449
Property Insurance -$95
HOA -$2
Property Management Fees -$99
CASH FLOW
-$797

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.

$960,000

PROJECTED PRICE

$3,390

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.4%
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

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$260,150

INVESTMENT

$260,150

Down Payment
$240,000
Rehab Estimate
$5,750
Closing Costs
$14,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,542

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $240,000
Loan Amount $720,000
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$11,239

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
  • $4,051

    COMP ESTIMATED VALUE
  • $1.16

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$3,5504$4,4995$4,500
$4,500
RENT COMPS ANALYSIS
  • 8159 E Del Barquero Drive Scottsdale, AZ 1
    • 3 beds 2 baths ∙ 3,500 Sqft ∙ Built 1978 3 beds 2 baths ∙ 3,500 Sqft ∙ Built 1978
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 7682 E Pleasant Run Scottsdale, AZ 2
    • 3 beds 3 baths ∙ 3,313 Sqft ∙ Built 1980 3 beds 3 baths ∙ 3,313 Sqft ∙ Built 1980
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $0.84
    •  
  • 10422 N 82nd Place Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 3,153 Sqft ∙ Built 1979 4 beds 3 baths ∙ 3,153 Sqft ∙ Built 1979
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $1.13
    •  
  • 8320 E Via De La Luna -- Scottsdale, AZ 4
    • 3 beds 3 baths ∙ 3,166 Sqft ∙ Built 1979 3 beds 3 baths ∙ 3,166 Sqft ∙ Built 1979
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,499
    • $1.42
    •  
  • 7500 E Mccormick Parkway #68 Scottsdale, AZ 5
    • 3 beds 3 baths ∙ 3,629 Sqft ∙ Built 1981 3 beds 3 baths ∙ 3,629 Sqft ∙ Built 1981
    LEASED 01/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.24
    •  
PROPERTY LISTING DETAILS
Jennifer L Michaels
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6169539
Last Updated: 12/17/2020
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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