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9267 E Desert Arroyos -- Scottsdale, AZ 85255

4 Beds 4 Baths 3,232 sqft Built 2007

$950,000

List Price

$3,820

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 2007
  • Price/Sqft : $293.94
  • 4 Days on Market
  • MLS # : 6156564
  • Updated Date : 11/06/2020 at 15:18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,232 sqft
  • Baths : 3 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Rarely available single level home in the Estates at DC Ranch! Popular split master great room floor plan offers expansive living areas and a beautifully remodeled kitchen with all of today's favorite touches. Refinished wood floors, marble slab counters, plantation shutters & white cabinetry make this home fresh & light. Enjoy family time in great room with fireplace, retreat to luxurious master retreat with spa bath & extra flex room for office or gym. 3 spacious guest rooms & 2 full baths plus office/den and powder room round out this wonderful layout. Back yard has been remodeled as well with travertine pavers, turf, lighting & updated pool equipment. Location is perfect in the gated Estates at DC Ranch with lush green park, only minutes from schools, shopping & dining. Welcome Home!

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
 

$855,000$1,045,000$950,000

PURCHASE PRICE

$3,438$4,202$3,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,820
EXPENSES Loan Payment -$3,505
Property Tax -$559
Property Insurance -$90
HOA -$216
Property Management Fees -$99
CASH FLOW
-$649

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.

$950,000

PROJECTED PRICE

$3,820

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

PROJECTED ANNUAL CASH FLOW

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

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$257,500

INVESTMENT

$257,500

Down Payment
$237,500
Rehab Estimate
$5,750
Closing Costs
$14,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,505

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $237,500
Loan Amount $712,500
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$14,132

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,820

    LIST RENT
  • $1.18

    LIST RENT PER SQFT
  • $4,218

    COMP ESTIMATED VALUE
  • $1.3

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$3,8203$4,0004$4,2005$4,700
$4,700
RENT COMPS ANALYSIS
  • 9267 E Desert Arroyos -- Scottsdale, AZ 2
    • 4 beds 4 baths ∙ 3,232 Sqft ∙ Built 2007 4 beds 4 baths ∙ 3,232 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $3,820
    • $1.18
    •  
  • 9451 E Trailside View Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,017 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,017 Sqft ∙ Built 2004
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.19
    •  
  • 18146 N 93rd Place Scottsdale, AZ 3
    • 3 beds 3 baths ∙ 3,052 Sqft ∙ Built 2006 3 beds 3 baths ∙ 3,052 Sqft ∙ Built 2006
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.31
    •  
  • 17360 N 96th Way Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 3,175 Sqft ∙ Built 2017 4 beds 4 baths ∙ 3,175 Sqft ∙ Built 2017
    LEASED 12/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.32
    •  
  • 9553 E Nittany Drive Scottsdale, AZ 5
    • 5 beds 3 baths ∙ 3,361 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,361 Sqft ∙ Built 1994
    LEASED 11/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.40
    •  
PROPERTY LISTING DETAILS
Sally Cashman
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156564
Last Updated: 11/06/2020
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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