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8386 E Arroyo Seco Road Scottsdale, AZ 85266

5 Beds 5 Baths 4,139 sqft Built 2002

$1,450,000

List Price

$5,180

$4.9K - $5.4K

Rent Est.

PROPERTY INFO

February 03, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $350.33
  • 5 Days on Market
  • MLS # : 6188546
  • Updated Date : 02/04/2021 at 23:30
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,139 sqft
  • Baths : 4 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Celebrate the good life in this spectacular home with endless views, exceptional sunsets and pristine mountain vistas. The corner, acre lot offers privacy with natural space behind. Meticulously updated with porcelain plank flooring throughout, new kitchen, and 18' retractable door to the patio make this home live like new construction. The flow between the indoor & outdoor space captures the essence of desert living and will not disappoint the most discriminating buyer. The main home offers 3567sf with a split floor plan that includes 4 bedrooms and an office. The detached guest house is 572sf and offers a kitchenette and observation deck. Between the 2 homes is a backyard oasis complete with ovesized covered patio, built-in BBQ, pool, spa, firepit and synthetic grass for easy care.

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
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
 

$1,305,000$1,595,000$1,450,000

PURCHASE PRICE

$4,662$5,698$5,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,180
EXPENSES Loan Payment -$5,036
Property Tax -$677
Property Insurance -$108
HOA -$50
Property Management Fees -$99
CASH FLOW
-$790

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.

$1,450,000

PROJECTED PRICE

$5,180

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.5%
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$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$390,000

INVESTMENT

$390,000

Down Payment
$362,500
Rehab Estimate
$5,750
Closing Costs
$21,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$5,036

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $362,500
Loan Amount $1,087,500
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$29,517

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
  • $4,456

    COMP ESTIMATED VALUE
  • $1.08

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,7503$4,2004$5,000
$5,000
RENT COMPS ANALYSIS
  • 8386 E Arroyo Seco Road Scottsdale, AZ 1
    • 5 beds 5 baths ∙ 4,139 Sqft ∙ Built 2002 5 beds 5 baths ∙ 4,139 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 36210 E Sidewinder Road Carefree, AZ 2
    • 4 beds 3 baths ∙ 3,905 Sqft ∙ Built 1983 4 beds 3 baths ∙ 3,905 Sqft ∙ Built 1983
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $0.96
    •  
  • 37428 N 97th Way Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2006 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2006
    property image
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.05
    •  
  • 7545 E Camino Salida Del Sol -- Scottsdale, AZ 4
    • 5 beds 6 baths ∙ 4,082 Sqft ∙ Built 2004 5 beds 6 baths ∙ 4,082 Sqft ∙ Built 2004
    property image
    LEASED 01/16/21
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.22
    •  
PROPERTY LISTING DETAILS
Cindy Metz
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188546
Last Updated: 02/04/2021
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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