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9120 E Calle De Valle Drive Scottsdale, AZ 85255

4 Beds 4 Baths 3,141 sqft Built 1994

INVESTimate

$749,000

List Price

$3,540

$3,290 - $3,790

Rent Est.

$767,500  ( +2.47%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $238.46
  • 9 Days on Market
  • MLS # : 6118941
  • Updated Date : 08/25/2020 at 14:31
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,141 sqft
  • Baths : 3 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

**Tenants in place**REMODELED** Custom Cabinets, Plank 12 x 24 flooring, counters, soft close hinges in kitchen, faucets, sinks, etc. New pool equipment & painted decking. Large 4 bedroom with vaulted ceilings and 3.5 Bath. Large master bedroom with sitting area & walk in closet plus 2 additional closets. Mother in law suite with private bath. Bonus room. Oversized lot with 3 Car Garage, RV Gate, Slab in backyard with access via a backyard garage. Top of the line appliances. Alarm System, Epoxy Garage, Windows tinted and screened, surround sound in the entire home with included receiver. Copper Ridge K-8 bus stop around corner. Plenty of room for toys on this property. Home is surrounded by single story homes in a quiet culdesac. Exterior and all walls painted in 2019.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Carriage Hills

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Carriage Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453693

* 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
 

$674,100$823,900$749,000

PURCHASE PRICE

$3,186$3,894$3,540

RENT

DOWN PAYMENT
FINANCING

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$10k$20k$30k$40k

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,540
EXPENSES Loan Payment -$2,763
Property Tax -$350
Property Insurance -$88
HOA -$22
Property Management Fees -$99
CASH FLOW
$217

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.

$749,000

PROJECTED PRICE

$3,540

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.47%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,235

INVESTMENT

$204,235

Down Payment
$187,250
Rehab Estimate
$5,750
Closing Costs
$11,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,763

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $187,250
Loan Amount $561,750
See What Happens When You Reinvest Cash Flow

7.08

YEARS SAVED

$75,207

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
  • $3,526

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,2953$3,5004$3,6505$4,000
$4,000
RENT COMPS ANALYSIS
  • 9120 E Calle De Valle Drive Scottsdale, 1
    • 4 beds 4 baths ∙ 3,141 Sqft ∙ Built 1994 4 beds 4 baths ∙ 3,141 Sqft ∙ Built 1994
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8852 E Calle De Las Brisas Drive Scottsdale, 2
    • 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 1997 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 1997
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,295
    • $1.09
    •  
  • 23026 N Las Lavatas Road Scottsdale, 3
    • 4 beds 3 baths ∙ 3,002 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,002 Sqft ∙ Built 1998
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.17
    •  
  • 23415 N 81st Street Scottsdale, 4
    • 3 beds 3 baths ∙ 3,366 Sqft ∙ Built 1996 3 beds 3 baths ∙ 3,366 Sqft ∙ Built 1996
    property image
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $1.08
    •  
  • 22163 N 78th Street Scottsdale, 5
    • 4 beds 4 baths ∙ 3,483 Sqft ∙ Built 1999 4 beds 4 baths ∙ 3,483 Sqft ∙ Built 1999
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.15
    •  
PROPERTY LISTING DETAILS
Trisha Chandler
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6118941
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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