Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

9406 N 128th Way Scottsdale, AZ 85259

5 Beds 6 Baths 5,383 sqft Built 2000

$1,884,333

List Price

$7,700

$7.5K - $8K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2000
  • Price/Sqft : $350.05
  • 3 Days on Market
  • MLS # : 6157020
  • Updated Date : 11/06/2020 at 04:12
CONSTRUCTION
  • Beds : 5
  • Floor Size : 5,383 sqft
  • Baths : 5 full , 1 half
Listing Agent

Launch Real Estate

Listing Agent's Description

New Listing in Exclusive LOS DIAMANTES GATED COMMUNITY!! Just under 5400 SF! Stunning Executive/Chic Home with Premium Lot. No neighbors behind this Beauty. Enjoy the Expansive Mt Views, Dreamy Sunsets in your Ultra Private Back Yard with Pebble Tec Pool and Spa with Water Features, Outdoor Fireplace and sitting area and BBQ. Versatile and Sensational Floorplan awaits you inside this 5 bed/ 5.5 bath home. Travertine Flooring, Impeccable Low Cut Wool carpeting in all bedrooms. Highly sophisticated open Kitchen with Granite Counters, Viking Stove/Oven combo. Formal Dining and Eat-in Dining Nook. Perfect Home for Entertaining with Wet Bar, Wine Fridge, etc. Large 5th Bedroom could be guest area with Sep Entrance or converted into a Media Room. Huge, Private Master Bedroom Suite

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Los Diamantes

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $122k1384k

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

Neighborhood: Los Diamantes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q22000300040005000600070008000Rent in $10458539

* 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
Laguna Elementary School Primary Regular 546 29 9
Mountainside Middle School Middle Regular 766 36 8
Desert Mountain High School High Regular 2,247 94 8

Laguna Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 29
9
GreatSchools Rating

Mountainside Middle School

  • Education Level: Middle
  • # of students: 766
  • # of teachers: 36
8
GreatSchools Rating

Desert Mountain High School

  • Education Level: High
  • # of students: 2,247
  • # of teachers: 94
8
GreatSchools Rating
 

$1,695,900$2,072,766$1,884,333

PURCHASE PRICE

$6,930$8,470$7,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $7,700
EXPENSES Loan Payment -$6,952
Property Tax -$881
Property Insurance -$132
HOA -$41
Property Management Fees -$99
CASH FLOW
-$405

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.

$1,884,333

PROJECTED PRICE

$7,700

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.8%
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-$20k$0.0$20k$40k$60k$80k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$505,098

INVESTMENT

$505,098

Down Payment
$471,083
Rehab Estimate
$5,750
Closing Costs
$28,265

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$6,952

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $471,083
Loan Amount $1,413,250
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$95,258

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
  • $7,644

    COMP ESTIMATED VALUE
  • $1.42

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$6,5003$8,250
$8,250
RENT COMPS ANALYSIS
  • 9406 N 128th Way Scottsdale, AZ 1
    • 5 beds 6 baths ∙ 5,383 Sqft ∙ Built 2000 5 beds 6 baths ∙ 5,383 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12142 E San Victor Drive Scottsdale, AZ 2
    • 6 beds 5 baths ∙ 5,359 Sqft ∙ Built 2000 6 beds 5 baths ∙ 5,359 Sqft ∙ Built 2000
    LEASED 05/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $6,500
    • $1.21
    •  
  • 10487 N 113th Place Scottsdale, AZ 3
    • 5 beds 5 baths ∙ 5,058 Sqft ∙ Built 1994 5 beds 5 baths ∙ 5,058 Sqft ∙ Built 1994
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $8,250
    • $1.63
    •  
PROPERTY LISTING DETAILS
Michelle L Poe
Launch Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157020
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.

BESbswy