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9486 E Desert View Scottsdale, AZ 85255

3 Beds 3 Baths 3,000 sqft Built 2006

$865,000

List Price

$3,830

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $288.33
  • 3 Days on Market
  • MLS # : 6178633
  • Updated Date : 01/09/2021 at 02:48
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,000 sqft
  • Baths : 2 full , 1 half
Listing Agent

Tru Realty

Listing Agent's Description

Magnificent 3BR/2.5Bath plus home office/bonus room in North Scottsdale's premier residential community, DC Ranch. Considered one of the best lots in the neighborhood, this home is perfectly located across from the beautiful park and sitting on a quiet tree lined street, this home is truly special. With the perfect balance of classic and modern finishes throughout, this home is move in ready. Upgrades include classic French doors on the front patio, all new carpet throughout, new lighting fixtures and new interior paint.This popular floor plan has the master suite smartly situated on the first floor with access to the peaceful internal courtyard perfect for privacy and additional relaxation.

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
 

$778,500$951,500$865,000

PURCHASE PRICE

$3,447$4,213$3,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,830
EXPENSES Loan Payment -$3,004
Property Tax -$509
Property Insurance -$86
HOA -$260
Property Management Fees -$99
CASH FLOW
-$128

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.

$865,000

PROJECTED PRICE

$3,830

PROJECTED RENT

0.44%

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$234,975

INVESTMENT

$234,975

Down Payment
$216,250
Rehab Estimate
$5,750
Closing Costs
$12,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,004

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $216,250
Loan Amount $648,750
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$34,741

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,830

    LIST RENT
  • $1.28

    LIST RENT PER SQFT
  • $3,848

    COMP ESTIMATED VALUE
  • $1.28

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$3,6953$3,8304$3,8505$4,000
$4,000
RENT COMPS ANALYSIS
  • 9486 E Desert View Scottsdale, AZ 3
    • 3 beds 3 baths ∙ 3,000 Sqft ∙ Built 2006 3 beds 3 baths ∙ 3,000 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $3,830
    • $1.28
    •  
  • 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
    •  
  • 18386 N 94th Way Scottsdale, AZ 2
    • 3 beds 3 baths ∙ 2,960 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,960 Sqft ∙ Built 2007
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,695
    • $1.25
    •  
  • 18502 N 94th Street Scottsdale, AZ 4
    • 3 beds 3 baths ∙ 2,800 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,800 Sqft ∙ Built 2015
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $1.38
    •  
  • 18146 N 93rd Place Scottsdale, AZ 5
    • 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
    •  
PROPERTY LISTING DETAILS
Jack Schtierman
Tru Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178633
Last Updated: 01/09/2021
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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