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8430 E Appaloosa Trail Scottsdale, AZ 85258

4 Beds 3 Baths 3,139 sqft Built 1985

$1,195,000

List Price

$3,830

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

January 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $380.69
  • 2 Days on Market
  • MLS # : 6176341
  • Updated Date : 01/02/2021 at 18:10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,139 sqft
  • Baths : 2 full , 1 half
Listing Agent

Launch Real Estate

Listing Agent's Description

YOU MAY HAVE JUST FOUND YOUR FOREVER HOME! WHO SAYS YOU CAN'T HAVE IT ALL? This is a home you want to come home to & your Family will enjoy growing up in! Every element has been re-designed to exacting standards, FOR THE CONNOISSEUR OF ALL THINGS LUXE! by day it's magnificent, but by night its spectacular, prepare to be blown away! The front door sets the scene for what's to come & it delivers on it's promise! From the moment you enter through the custom 12 ft designer front door, you will not want to leave. The impressive vaulted ceilings all with Restoration Hardware Chandeliers & Fans creates a vision of light & space. Sit on your front patio & wave to your friendly neighbors or seclude yourselves on your covered patio overlooking the luscious backyard while enjoying weekend BBQ's

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paradise Park Trails

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650kPrice in $122k660k

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

Neighborhood: Paradise Park Trails

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $10453220

* 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
 

$1,075,500$1,314,500$1,195,000

PURCHASE PRICE

$3,447$4,213$3,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,830
EXPENSES Loan Payment -$4,409
Property Tax -$559
Property Insurance -$88
HOA -$2
Property Management Fees -$99
CASH FLOW
-$1,327

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.

$1,195,000

PROJECTED PRICE

$3,830

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.1%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$322,425

INVESTMENT

$322,425

Down Payment
$298,750
Rehab Estimate
$5,750
Closing Costs
$17,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,409

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $298,750
Loan Amount $896,250
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$3,842

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
  • $3,853

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1503$3,5504$3,9955$4,400
$4,400
RENT COMPS ANALYSIS
  • 8430 E Appaloosa Trail Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 3,139 Sqft ∙ Built 1985 4 beds 3 baths ∙ 3,139 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8614 E Appaloosa Trail Scottsdale, AZ 2
    • 4 beds 3 baths ∙ 3,003 Sqft ∙ Built 1981 4 beds 3 baths ∙ 3,003 Sqft ∙ Built 1981
    LEASED 12/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.05
    •  
  • 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
    •  
  • 8231 E Appaloosa Trail Scottsdale, AZ 4
    • 4 beds 2 baths ∙ 2,824 Sqft ∙ Built 1979 4 beds 2 baths ∙ 2,824 Sqft ∙ Built 1979
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.41
    •  
  • 11544 N 83rd Place Scottsdale, AZ 5
    • 4 beds 3 baths ∙ 3,342 Sqft ∙ Built 1990 4 beds 3 baths ∙ 3,342 Sqft ∙ Built 1990
    LEASED 08/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.32
    •  
PROPERTY LISTING DETAILS
Eve R Treger
Launch Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176341
Last Updated: 01/02/2021
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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