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8542 E Clydesdale Trail Scottsdale, AZ 85258

4 Beds 4 Baths 2,863 sqft Built 1979

INVESTimate

$1,200,000

List Price

$3,560

$3,310 - $3,810

Rent Est.

$1,248,960  ( +4.08%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1979
  • Price/Sqft : $419.14
  • 2 Days on Market
  • MLS # : 6121758
  • Updated Date : 08/25/2020 at 11:06
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,863 sqft
  • Baths : 3 full , 1 half
Listing Agent

Launch Real Estate

Listing Agent's Description

Prime culdesac location ''inside the Arabian loop'' with direct backyard access to the famous Greenbelt. Upgraded with soft contemporary finishes. Home includes 12x24 tile throughout main areas, & two family rooms including one in front of the home with vaulted ceiling, wood-burning fireplace, and front courtyard access. Great room open to kitchen has two separate sliding doors to rear patio. Bright kitchen features quartz countertops, LED lights, induction range, slab-front cabinetry, & stainless appliances. Master split & bedroom 4 has a private ensuite bath. Awesome rear yard has huge grassy area, sport court, diving pool with new pebble-tec surface, rear yard gate to greenbelt. 2.5 car garage has epoxy floor, upgraded landscaping, fresh paint, updated bathrooms, & coveted 3C's schools.

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
 

$1,080,000$1,320,000$1,200,000

PURCHASE PRICE

$3,204$3,916$3,560

RENT

DOWN PAYMENT
FINANCING

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-$30k-$20k-$10k$0.0$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,560
EXPENSES Loan Payment -$4,427
Property Tax -$561
Property Insurance -$83
Property Management Fees -$99
CASH FLOW
-$1,611

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.

$1,200,000

PROJECTED PRICE

$3,560

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.08%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$323,750

INVESTMENT

$323,750

Down Payment
$300,000
Rehab Estimate
$5,750
Closing Costs
$18,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,427

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $300,000
Loan Amount $900,000
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$633

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
  • $3,743

    COMP ESTIMATED VALUE
  • $1.31

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9003$3,5004$3,9955$4,000
$4,000
RENT COMPS ANALYSIS
  • 8542 E Clydesdale Trail Scottsdale, 1
    • 4 beds 4 baths ∙ 2,863 Sqft ∙ Built 1979 4 beds 4 baths ∙ 2,863 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8672 E Cheryl Drive Scottsdale, 2
    • 3 beds 3 baths ∙ 2,700 Sqft ∙ Built 1981 3 beds 3 baths ∙ 2,700 Sqft ∙ Built 1981
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.07
    •  
  • 8507 E Welsh Trail Scottsdale, 3
    • 4 beds 3 baths ∙ 2,753 Sqft ∙ Built 1984 4 beds 3 baths ∙ 2,753 Sqft ∙ Built 1984
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.27
    •  
  • 8231 E Appaloosa Trail Scottsdale, 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
    •  
  • 8528 E Clydesdale Trail Scottsdale, 5
    • 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 1979 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 1979
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.48
    •  
PROPERTY LISTING DETAILS
Eugene M Montemore
Launch Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6121758
Last Updated: 08/25/2020
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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