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9001 E San Victor Drive #2027 Scottsdale, AZ 85258

3 Beds 2 Baths 2,149 sqft Built 2016

$680,000

List Price

$2,640

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $316.43
  • 2 Days on Market
  • MLS # : 6187710
  • Updated Date : 01/30/2021 at 17:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,149 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Luxury living in the heart of Scottsdale! This gorgeous townhome is designed with clean modern lines, natural light, & an open spacious floor plan. Newly landscaped grounds to a private courtyard w/ 3 bedrooms PLUS an office (w/ built-in Murphy bed) & beautiful master suite. A must see gourmet kitchen w/ eat-in island, quartz countertops, stainless steel appliances & gas cooktop. Custom Restoration Hardware drapes throughout the home w/ The Shade Store Thompson shades. Owner had builder install loads of extra lighting throughout. 2 car garage w/ storage. Home water softener.The grounds at San Victor are stunning w/ large green areas, fire pits & a resort style heated pool & spa.Close to shopping, restaurants, hospital, library, the greenbelt walking & bike paths, and Loop 101.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Via Linda Corridor

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k465k

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

Neighborhood: Via Linda Corridor

NeighborhoodNIR Market*CityMarket2010Year20002019 Q215002000250030003500400045005000Rent in $10455399

* 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
Laguna Elementary School Primary Regular 546 29 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Laguna Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 29
9
GreatSchools Rating

Mountainside Middle School

  • Education Level: Middle
  • # of students: 766
  • # of teachers: 36
8
GreatSchools Rating

Desert Mountain High School

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

$612,000$748,000$680,000

PURCHASE PRICE

$2,376$2,904$2,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,640
EXPENSES Loan Payment -$2,362
Property Tax -$318
Property Insurance -$69
HOA -$393
Property Management Fees -$99
CASH FLOW
-$601

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.

$680,000

PROJECTED PRICE

$2,640

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$185,950

INVESTMENT

$185,950

Down Payment
$170,000
Rehab Estimate
$5,750
Closing Costs
$10,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,362

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $170,000
Loan Amount $510,000
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$2,922

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,640

    LIST RENT
  • $1.23

    LIST RENT PER SQFT
  • $2,869

    COMP ESTIMATED VALUE
  • $1.34

    COMP AVG. RENT PER SQFT
Comps Range
$2,150
1$2,1502$2,4003$2,6404$3,3505$4,000
$4,000
RENT COMPS ANALYSIS
  • 9001 E San Victor Drive #2027 Scottsdale, AZ 3
    • 3 beds 2 baths ∙ 2,149 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,149 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,640
    • $1.23
    •  
  • 8942 E Shangri La Road Scottsdale, AZ 1
    • 3 beds 3 baths ∙ 2,172 Sqft ∙ Built 1997 3 beds 3 baths ∙ 2,172 Sqft ∙ Built 1997
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.99
    •  
  • 8961 E Yucca Street Scottsdale, AZ 2
    • 3 beds 3 baths ∙ 2,172 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,172 Sqft ∙ Built 1998
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.10
    •  
  • 9001 E San Victor Drive #2019 Scottsdale, AZ 4
    • 3 beds 2 baths ∙ 2,149 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,149 Sqft ∙ Built 2016
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.56
    •  
  • 8253 E Cortez Drive Scottsdale, AZ 5
    • 3 beds 3 baths ∙ 2,371 Sqft ∙ Built 1996 3 beds 3 baths ∙ 2,371 Sqft ∙ Built 1996
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.69
    •  
PROPERTY LISTING DETAILS
Nicole Knight
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187710
Last Updated: 01/30/2021
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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