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8995 E Captain Dreyfus Avenue Scottsdale, AZ 85260

3 Beds 3 Baths 2,432 sqft Built 1992

$650,000

List Price

$2,520

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

October 31, 2020 RECENTLY ADDED
FACTS
  • Built In 1992
  • Price/Sqft : $267.27
  • 4 Days on Market
  • MLS # : 6154506
  • Updated Date : 11/01/2020 at 18:44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,432 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Immaculate single-story, 2432sf home with 3 bedrooms, 3 full baths, and dedicated office on a premium cul-de-sac lot. Elegant foyer entry to Living and Dining Rooms. Light and bright throughout with neutral tones. Large, eat-in Kitchen with island, granite, and plenty of cabinets with pull out shelves. Open concept to cozy den w/ fireplace. Split Master with dual closets including a huge walk-in w/ custom shelving. Master bath has dual vanities, jetted tub and walk-in shower. Two large secondary bedrooms share a jack-n-jill bath with individual vanities. Manicured front and backyard with sparkling pool, separate spa, extended covered patio, built-in BBQ and plenty of play space. 3 Car Garage w/over height 3rd bay. Loads of storage. Owned solar for hot water. Two newer AC & evap units!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Vista Parc

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $122k570k

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

Neighborhood: Vista Parc

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10452993

* 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
Redfield Elementary School Primary Regular 513 33 8
Desert Canyon Middle School Middle Regular 566 29 8
Desert Mountain High School High Regular 2,247 94 8

Redfield Elementary School

  • Education Level: Primary
  • # of students: 513
  • # of teachers: 33
8
GreatSchools Rating

Desert Canyon Middle School

  • Education Level: Middle
  • # of students: 566
  • # of teachers: 29
8
GreatSchools Rating

Desert Mountain High School

  • Education Level: High
  • # of students: 2,247
  • # of teachers: 94
8
GreatSchools Rating
 

$585,000$715,000$650,000

PURCHASE PRICE

$2,268$2,772$2,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,520
EXPENSES Loan Payment -$2,398
Property Tax -$304
Property Insurance -$75
HOA -$6
Property Management Fees -$99
CASH FLOW
-$361

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.

$650,000

PROJECTED PRICE

$2,520

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.7%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$178,000

INVESTMENT

$178,000

Down Payment
$162,500
Rehab Estimate
$5,750
Closing Costs
$9,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,398

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,500
Loan Amount $487,500
See What Happens When You Reinvest Cash Flow

2.92

YEARS SAVED

$17,659

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
  • $2,651

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4503$2,5004$2,6505$2,666
$2,666
RENT COMPS ANALYSIS
  • 8995 E Captain Dreyfus Avenue Scottsdale, AZ 1
    • 3 beds 3 baths ∙ 2,432 Sqft ∙ Built 1992 3 beds 3 baths ∙ 2,432 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9175 E Camino Del Santo Road Scottsdale, AZ 2
    • 4 beds 2 baths ∙ 2,253 Sqft ∙ Built 1992 4 beds 2 baths ∙ 2,253 Sqft ∙ Built 1992
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $1.09
    •  
  • 8927 E Floriade Drive Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 2,331 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,331 Sqft ∙ Built 1991
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.07
    •  
  • 9220 E Dreyfus Place Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 2,348 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,348 Sqft ∙ Built 1993
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.13
    •  
  • 9045 E Aster Drive Scottsdale, AZ 5
    • 4 beds 3 baths ∙ 2,487 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,487 Sqft ∙ Built 1988
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,666
    • $1.07
    •  
PROPERTY LISTING DETAILS
Christine Prescott
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154506
Last Updated: 11/01/2020
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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