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9221 E Desert Arroyos Street Scottsdale, AZ 85255

5 Beds 4 Baths 3,654 sqft Built 2005

$1,175,000

List Price

$4,670

$4.4K - $4.9K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $321.57
  • 5 Days on Market
  • MLS # : 6177496
  • Updated Date : 01/07/2021 at 23:06
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,654 sqft
  • Baths : 3 full , 1 half
Listing Agent

Local Board Real Estate

Listing Agent's Description

Stunning DC Ranch family home. Large updated master on first floor. Updated white marble finishes throughout the bathrooms, white kitchen cabinets. Soaring great room ceilings, light and bright. Office off the entry and kids/guest rooms upstairs with bonus loft/ play room. Huge walk in closet, beautiful pool. Move in ready. Community boasts walking trails, children's playgrounds, a quick bike to DC Ranch country club, market street shops and restaurants and many of the valleys best golf courses. Low care yard makes it a great vacation home as well. Fantastic neighborhood feel in Scottsdale's best location. Easy access to 101 freeway.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: DC Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800kPrice in $122k880k

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

Neighborhood: DC Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2150020002500300035004000Rent in $10454285

* 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
 

$1,057,500$1,292,500$1,175,000

PURCHASE PRICE

$4,203$5,137$4,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,670
EXPENSES Loan Payment -$4,081
Property Tax -$691
Property Insurance -$98
HOA -$220
Property Management Fees -$99
CASH FLOW
-$520

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.

$1,175,000

PROJECTED PRICE

$4,670

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 1.7%
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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k$40k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$317,125

INVESTMENT

$317,125

Down Payment
$293,750
Rehab Estimate
$5,750
Closing Costs
$17,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,081

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $293,750
Loan Amount $881,250
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$25,561

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,670

    LIST RENT
  • $1.28

    LIST RENT PER SQFT
  • $4,641

    COMP ESTIMATED VALUE
  • $1.27

    COMP AVG. RENT PER SQFT
Comps Range
$4,150
1$4,1502$4,5003$4,6704$4,7005$5,000
$5,000
RENT COMPS ANALYSIS
  • 9221 E Desert Arroyos Street Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 3,654 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,654 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,670
    • $1.28
    •  
  • 9326 E Canyon View Road Scottsdale, AZ 1
    • 4 beds 5 baths ∙ 3,645 Sqft ∙ Built 2006 4 beds 5 baths ∙ 3,645 Sqft ∙ Built 2006
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,150
    • $1.14
    •  
  • 18443 N 94th Way Scottsdale, AZ 2
    • 4 beds 5 baths ∙ 3,645 Sqft ∙ Built 2006 4 beds 5 baths ∙ 3,645 Sqft ∙ Built 2006
    property image
    LEASED 10/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.23
    •  
  • 18368 N 94th Way Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 3,821 Sqft ∙ Built 2007 4 beds 4 baths ∙ 3,821 Sqft ∙ Built 2007
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.23
    •  
  • 9499 E Desert Park Drive Scottsdale, AZ 5
    • 5 beds 4 baths ∙ 3,374 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,374 Sqft ∙ Built 2005
    property image
    LEASED 12/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.48
    •  
PROPERTY LISTING DETAILS
Katrina Barrett
Local Board Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6177496
Last Updated: 01/07/2021
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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