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9489 E Presidio Road Scottsdale, AZ 85260

4 Beds 3 Baths 3,050 sqft Built 1991

$739,000

List Price

$3,500

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

December 29, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $242.30
  • 6 Days on Market
  • MLS # : 6174878
  • Updated Date : 01/03/2021 at 02:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,050 sqft
  • Baths : 3 full
Listing Agent

True Home Realty

Listing Agent's Description

FULLY REMODELED! This incredible home has been completely updated and fully remodeled from ''Head to Toe''! See documents for a list of upgrades (too many to list). Some of which include: Kitchen professionally designed and built by KITCHENS SW of Scottsdale, top of the line stainless appliances, New Roof- 2015, New AC-TRANE -2016 with programmable (wifi) thermostats *Non-Ozone Air Scrubbers (AAA Cooling Specialists) 50 gallon gas water heater 2015, GS Elite salt free water conditioner, All new interior and exterior lighting, RING alarm security system. Pentair pool pump 2017, Garage has Epoxy flooring by Alpha & Omega Painting 2019. The list goes on! Hurry!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Casa Privada

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $122k582k

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

Neighborhood: Casa Privada

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10452993

* 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
Redfield Elementary School Primary Regular 513 33 8
Desert Canyon Middle School Middle Regular 566 29 8
Desert Mountain High School High Regular 2,247 94 8

Redfield Elementary School

  • Education Level: Primary
  • # of students: 513
  • # of teachers: 33
8
GreatSchools Rating

Desert Canyon Middle School

  • Education Level: Middle
  • # of students: 566
  • # of teachers: 29
8
GreatSchools Rating

Desert Mountain High School

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

$665,100$812,900$739,000

PURCHASE PRICE

$3,150$3,850$3,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,500
EXPENSES Loan Payment -$2,727
Property Tax -$346
Property Insurance -$87
HOA -$60
Property Management Fees -$99
CASH FLOW
$182

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$739,000

PROJECTED PRICE

$3,500

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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$0.0$5.0k$10k$15k$20k$25k$30k$35k$40k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$201,585

INVESTMENT

$201,585

Down Payment
$184,750
Rehab Estimate
$5,750
Closing Costs
$11,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,727

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $184,750
Loan Amount $554,250
See What Happens When You Reinvest Cash Flow

6.92

YEARS SAVED

$72,227

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,500

    LIST RENT
  • $1.15

    LIST RENT PER SQFT
  • $3,210

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$2,800
1$2,8002$3,0003$3,2004$3,5005$3,800
$3,800
RENT COMPS ANALYSIS
  • 9489 E Presidio Road Scottsdale, AZ 4
    • 5 beds 3 baths ∙ 3,050 Sqft ∙ Built 1991 5 beds 3 baths ∙ 3,050 Sqft ∙ Built 1991
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.15
    •  
  • 9710 E Voltaire Drive Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 2,858 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,858 Sqft ∙ Built 1994
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.98
    •  
  • 9378 E Davenport Drive Scottsdale, AZ 2
    • 4 beds 3 baths ∙ 2,954 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,954 Sqft ∙ Built 1996
    property image
    LEASED 06/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.02
    •  
  • 13080 N 102nd Place Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 3,139 Sqft ∙ Built 1987 4 beds 3 baths ∙ 3,139 Sqft ∙ Built 1987
    property image
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.02
    •  
  • 9669 E Davenport Drive Scottsdale, AZ 5
    • 5 beds 3 baths ∙ 3,206 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,206 Sqft ∙ Built 1994
    property image
    LEASED 12/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.19
    •  
PROPERTY LISTING DETAILS
Mark Spray
True Home Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174878
Last Updated: 01/03/2021
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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