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9402 E Sera Brisa -- Scottsdale, AZ 85255

4 Beds 4 Baths 3,307 sqft Built 2010

$1,100,000

List Price

$4,660

$4.4K - $4.9K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $332.63
  • 2 Days on Market
  • MLS # : 6185939
  • Updated Date : 01/30/2021 at 03:36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,307 sqft
  • Baths : 3 full , 1 half
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

A beautiful single-level home located just inside the desirable Sera Brisa gated community. Upon entering the property through the gated courtyard you are welcomed into a private seating area with gas fireplace. The home's beautiful iron door opens up into a truly stunning floorplan. A study/living room on one side and a formal dining room on the other side of the entry makes the home feel truly open and welcoming. The large family room is open to the kitchen, which is truly the heart of the home. The kitchen has beautiful cream cabinets and granite countertops. The upgraded SS appliances are chef worthy, including the gas cooktop. The high ceilings throughout the home allow for plenty of natural light. The floorplan includes 3 bedrooms plus a guest casita which

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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
Chaparral High School High Regular 2,053 87 7

Chaparral High School

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

$990,000$1,210,000$1,100,000

PURCHASE PRICE

$4,194$5,126$4,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,660
EXPENSES Loan Payment -$3,821
Property Tax -$514
Property Insurance -$92
HOA -$140
Property Management Fees -$99
CASH FLOW
-$6

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.

$1,100,000

PROJECTED PRICE

$4,660

PROJECTED RENT

0.42%

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$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k$40k$50k

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$297,250

INVESTMENT

$297,250

Down Payment
$275,000
Rehab Estimate
$5,750
Closing Costs
$16,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$3,821

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $275,000
Loan Amount $825,000
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$60,971

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
  • $5,101

    COMP ESTIMATED VALUE
  • $1.54

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,7003$5,0004$5,1005$5,500
$5,500
RENT COMPS ANALYSIS
  • 9402 E Sera Brisa -- Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,307 Sqft ∙ Built 2010 4 beds 4 baths ∙ 3,307 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9553 E Nittany Drive Scottsdale, AZ 2
    • 5 beds 3 baths ∙ 3,361 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,361 Sqft ∙ Built 1994
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.40
    •  
  • 9499 E Desert Park Drive Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 3,374 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,374 Sqft ∙ Built 2005
    LEASED 12/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.48
    •  
  • 18491 N 97th Way Scottsdale, AZ 4
    • 3 beds 4 baths ∙ 3,137 Sqft ∙ Built 2012 3 beds 4 baths ∙ 3,137 Sqft ∙ Built 2012
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,100
    • $1.63
    •  
  • 9440 E Canyon View Road Scottsdale, AZ 5
    • 3 beds 4 baths ∙ 3,307 Sqft ∙ Built 2010 3 beds 4 baths ∙ 3,307 Sqft ∙ Built 2010
    LEASED 09/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $1.66
    •  
PROPERTY LISTING DETAILS
Martha Andrews
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6185939
Last Updated: 01/30/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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