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8750 E Valley Vista Drive Scottsdale, AZ 85250

4 Beds 2 Baths 2,153 sqft Built 1964

$575,000

List Price

$2,560

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

January 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $267.07
  • 5 Days on Market
  • MLS # : 6183088
  • Updated Date : 01/22/2021 at 05:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,153 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Check out this charming move-in ready 4 bedroom, 2 bathroom home in fantastic Scottsdale location! With over 2100+ square feet of living space, 2 car garage, and an RV gate leading to your private grassy backyard, this home will not disappoint. Updated in 2017/2018, this home has tile throughout, a walk-in master shower, updated kitchen cabinets and stainless steel appliances with a gas range and hood. The entire interior was freshly painted. NO HOA! Let's talk about location... this home is only a few miles away from top area attractions such as Old Town, Chaparral Park, Talking Stick Resort, Gainey Ranch & McCormick Ranch, hiking at Camelback Mtn, and Spring Training at Salt River Fields and Scottsdale Stadium. Schedule a visit today and make sure to view the 3D Virtual Tour!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Indian Bend

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $109k465k

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

Neighborhood: Indian Bend

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10182993

* 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
Pueblo Elementary School Primary Regular 492 28 9
Mohave Middle School Middle Regular 816 48 7
Saguaro High School High Regular 1,316 63 7

Pueblo Elementary School

  • Education Level: Primary
  • # of students: 492
  • # of teachers: 28
9
GreatSchools Rating

Mohave Middle School

  • Education Level: Middle
  • # of students: 816
  • # of teachers: 48
7
GreatSchools Rating

Saguaro High School

  • Education Level: High
  • # of students: 1,316
  • # of teachers: 63
7
GreatSchools Rating
 

$517,500$632,500$575,000

PURCHASE PRICE

$2,304$2,816$2,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,560
EXPENSES Loan Payment -$1,997
Property Tax -$269
Property Insurance -$69
Property Management Fees -$99
CASH FLOW
$126

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$575,000

PROJECTED PRICE

$2,560

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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$0.0$5.0k$10k$15k$20k$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$158,125

INVESTMENT

$158,125

Down Payment
$143,750
Rehab Estimate
$5,750
Closing Costs
$8,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,997

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $143,750
Loan Amount $431,250
See What Happens When You Reinvest Cash Flow

7

YEARS SAVED

$48,567

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
  • $3,127

    COMP ESTIMATED VALUE
  • $1.45

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7503$2,8004$3,2005$3,500
$3,500
RENT COMPS ANALYSIS
  • 8750 E Valley Vista Drive Scottsdale, AZ 1
    • 4 beds 2 baths ∙ 2,153 Sqft ∙ Built 1964 4 beds 2 baths ∙ 2,153 Sqft ∙ Built 1964
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8725 E Palo Verde Drive Scottsdale, AZ 2
    • 4 beds 2 baths ∙ 2,033 Sqft ∙ Built 1962 4 beds 2 baths ∙ 2,033 Sqft ∙ Built 1962
    property image
    LEASED 09/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.35
    •  
  • 5711 N 83rd Place Scottsdale, AZ 3
    • 4 beds 2 baths ∙ 2,108 Sqft ∙ Built 1970 4 beds 2 baths ∙ 2,108 Sqft ∙ Built 1970
    property image
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.33
    •  
  • 8419 E Valley Vista Drive Scottsdale, AZ 4
    • 3 beds 2 baths ∙ 2,192 Sqft ∙ Built 1967 3 beds 2 baths ∙ 2,192 Sqft ∙ Built 1967
    property image
    LEASED 04/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.46
    •  
  • 8737 E Lincoln Drive Scottsdale, AZ 5
    • 4 beds 2 baths ∙ 2,100 Sqft ∙ Built 1966 4 beds 2 baths ∙ 2,100 Sqft ∙ Built 1966
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.67
    •  
PROPERTY LISTING DETAILS
Mark W Daker
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183088
Last Updated: 01/22/2021
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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