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9305 E Buckskin Trail Scottsdale, AZ 85255

5 Beds 5 Baths 5,801 sqft Built 2008

$1,780,000

List Price

$8,460

$8.2K - $8.7K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 2008
  • Price/Sqft : $306.84
  • 2 Days on Market
  • MLS # : 6154868
  • Updated Date : 11/02/2020 at 16:15
CONSTRUCTION
  • Beds : 5
  • Floor Size : 5,801 sqft
  • Baths : 4 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

This immaculate and exceptionally built gem in the friendly & gated community of Desert Skyline Estates. Ideally perched on a nearly 2 acres to capture views with stunning natural desert encircling this nearly 6,000sqft home. The split master suite is stunning & private. Four ensuite bedrooms all with walk in closets. A separate office plus a theater room and tons of storage. This home is ideal for entertaining with exceptional outdoor space, outdoor kitchen/bar, spacious Ramada, and plenty of parking in a huge motor court. The kitchen features top quality stainless steel appliances, and 1 of 3 walls of glass that open to provide a seamless in/outdoor experience. A wine room, wet bar, stunning fireplace and wall of glass doors highlight living room. There's a roof top deck and a new roof

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Desert Skyline Estates

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $122k1407k

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

Neighborhood: Desert Skyline Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500500055006000Rent in $10456185

* 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
Desert Sun Elementary School Primary Regular 416 22 6
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8

Desert Sun Elementary School

  • Education Level: Primary
  • # of students: 416
  • # of teachers: 22
6
GreatSchools Rating

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students: 841
  • # of teachers: 39
9
GreatSchools Rating

Cactus Shadows High School

  • Education Level: High
  • # of students: 1,704
  • # of teachers: 70
8
GreatSchools Rating
 

$1,602,000$1,958,000$1,780,000

PURCHASE PRICE

$7,614$9,306$8,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $8,460
EXPENSES Loan Payment -$6,567
Property Tax -$944
Property Insurance -$140
HOA -$3
Property Management Fees -$99
CASH FLOW
$706

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.

$1,780,000

PROJECTED PRICE

$8,460

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.5%
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

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$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$477,450

INVESTMENT

$477,450

Down Payment
$445,000
Rehab Estimate
$5,750
Closing Costs
$26,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$6,567

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $445,000
Loan Amount $1,335,000
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$200,700

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $8,460

    LIST RENT
  • $1.46

    LIST RENT PER SQFT
  • $8,266

    COMP ESTIMATED VALUE
  • $1.43

    COMP AVG. RENT PER SQFT
Comps Range
$8,000
1$8,0002$8,4603$8,995
$8,995
RENT COMPS ANALYSIS
  • 9305 E Buckskin Trail Scottsdale, AZ 2
    • 5 beds 5 baths ∙ 5,801 Sqft ∙ Built 2008 5 beds 5 baths ∙ 5,801 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $8,460
    • $1.46
    •  
  • 27364 N 97th Place Scottsdale, AZ 1
    • 4 beds 5 baths ∙ 6,093 Sqft ∙ Built 2009 4 beds 5 baths ∙ 6,093 Sqft ∙ Built 2009
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $8,000
    • $1.31
    •  
  • 9310 E Bronco Trail Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 5,840 Sqft ∙ Built 1999 4 beds 4 baths ∙ 5,840 Sqft ∙ Built 1999
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $8,995
    • $1.54
    •  
PROPERTY LISTING DETAILS
Ali Ozer
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154868
Last Updated: 11/02/2020
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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