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9049 E Los Gatos Drive Scottsdale, AZ 85255

5 Beds 4 Baths 5,308 sqft Built 1988

$1,425,000

List Price

$8,600

$8.4K - $8.9K

Rent Est.

PROPERTY INFO

January 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $268.46
  • 6 Days on Market
  • MLS # : 6179494
  • Updated Date : 01/14/2021 at 14:39
CONSTRUCTION
  • Beds : 5
  • Floor Size : 5,308 sqft
  • Baths : 4 full
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Best opportunity in Pinnacle Peak Vistas. Private one acre south facing back yard in popular pinnacle peak Vistas. Total of 5 large bedrooms plus a bonus room with private kitchenette (currently used as a 6th bedroom but can be Den/office). Soaring 20 ft plus ceilings, Impressive entry foyer opens into a large formal living/dining room with updated flooring and lighting. Master suite features a huge walk in closet, En-Suite bathroom with separate exit to back yard. Two oversized additional bedrooms and baths in the main house. The kitchen/great room features a large Island, separate Breakfast bar, fireplace and formal bar area making it a great entertaining space. Plus a RARE oversized casita featuring kitchen, living room w fireplace and 2 bedrooms/1 Bath.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pinnacle Peak Vistas

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100k1200kPrice in $122k1202k

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

Neighborhood: Pinnacle Peak Vistas

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500Rent in $10454842

* 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
Copper Ridge School Primary Regular 1,089 55 8
Copper Ridge School Middle Regular 1,089 55 8
Chaparral High School High Regular 2,053 87 7

Copper Ridge School

  • Education Level: Primary
  • # of students: 1,089
  • # of teachers: 55
8
GreatSchools Rating

Copper Ridge School

  • Education Level: Middle
  • # of students: 1,089
  • # of teachers: 55
8
GreatSchools Rating

Chaparral High School

  • Education Level: High
  • # of students: 2,053
  • # of teachers: 87
7
GreatSchools Rating
 

$1,282,500$1,567,500$1,425,000

PURCHASE PRICE

$7,740$9,460$8,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $8,600
EXPENSES Loan Payment -$4,950
Property Tax -$681
Property Insurance -$131
HOA -$1
Property Management Fees -$99
CASH FLOW
$2,739

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$1,425,000

PROJECTED PRICE

$8,600

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 4.0%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$20k$40k$60k$80k$100k$120k$140k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$383,375

INVESTMENT

$383,375

Down Payment
$356,250
Rehab Estimate
$5,750
Closing Costs
$21,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$4,950

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $356,250
Loan Amount $1,068,750
See What Happens When You Reinvest Cash Flow

14.42

YEARS SAVED

$336,886

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
  • $8,015

    COMP ESTIMATED VALUE
  • $1.51

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$7,2503$8,0004$8,500
$8,500
RENT COMPS ANALYSIS
  • 9049 E Los Gatos Drive Scottsdale, AZ 1
    • 5 beds 4 baths ∙ 5,308 Sqft ∙ Built 1988 5 beds 4 baths ∙ 5,308 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 19989 N 94th Way Scottsdale, AZ 2
    • 5 beds 5 baths ∙ 5,580 Sqft ∙ Built 2004 5 beds 5 baths ∙ 5,580 Sqft ∙ Built 2004
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $7,250
    • $1.30
    •  
  • 9222 E Rimrock Drive Scottsdale, AZ 3
    • 5 beds 6 baths ∙ 5,139 Sqft ∙ Built 1995 5 beds 6 baths ∙ 5,139 Sqft ∙ Built 1995
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $8,000
    • $1.56
    •  
  • 20520 N 101st Way Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 5,077 Sqft ∙ Built 2006 4 beds 4 baths ∙ 5,077 Sqft ∙ Built 2006
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $8,500
    • $1.67
    •  
PROPERTY LISTING DETAILS
Carol Spencer
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179494
Last Updated: 01/14/2021
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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