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

9575 E Cavalry Drive Scottsdale, AZ 85262

3 Beds 3 Baths 2,515 sqft Built 2000

$725,000

List Price

$2,530

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $288.27
  • 2 Days on Market
  • MLS # : 6170845
  • Updated Date : 12/12/2020 at 17:28
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,515 sqft
  • Baths : 2 full , 1 half
Listing Agent

Sterling Fine Properties

Listing Agent's Description

On the popular Legend Trail golf course with South facing backyard views, a sparkling pool, and an outdoor bbq grill, this light and bright home has an open floorplan featuring expansive windows to highlight the serene beauty of the course and desert with an indoor/outdoor feel. With 12' ceilings, an oversized cook's kitchen with a gas cooktop, and quality upgrades including granite, alder doors and cabinets, and stainless steel appliances, and a 3 car garage, this home has it all! Legend Trail has first-class amenities including a fitness center, tennis courts, heated pools, a community clubhouse and hiking trails. Experience North Scottsdale at its finest!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Legend Trail

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $122k733k

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

Neighborhood: Legend Trail

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $10453250

* 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
 

$652,500$797,500$725,000

PURCHASE PRICE

$2,277$2,783$2,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,530
EXPENSES Loan Payment -$2,675
Property Tax -$343
Property Insurance -$76
HOA -$24
Property Management Fees -$99
CASH FLOW
-$687

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.

$725,000

PROJECTED PRICE

$2,530

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.7%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

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$197,875

INVESTMENT

$197,875

Down Payment
$181,250
Rehab Estimate
$5,750
Closing Costs
$10,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,675

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $181,250
Loan Amount $543,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$5,456

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
  • $2,804

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2953$2,2954$2,8505$3,100
$3,100
RENT COMPS ANALYSIS
  • 9575 E Cavalry Drive Scottsdale, AZ 1
    • 3 beds 3 baths ∙ 2,515 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,515 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9427 E Whitewing Drive Scottsdale, AZ 2
    • 4 beds 2 baths ∙ 2,167 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,167 Sqft ∙ Built 2001
    LEASED 06/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $1.06
    •  
  • 9439 E Whitewing Drive Scottsdale, AZ 3
    • 4 beds 2 baths ∙ 2,167 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,167 Sqft ∙ Built 2000
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $1.06
    •  
  • 9539 E Sandy Vista Drive Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 2,320 Sqft ∙ Built 2000 4 beds 4 baths ∙ 2,320 Sqft ∙ Built 2000
    LEASED 08/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.23
    •  
  • 9475 E Sandy Vista Drive Scottsdale, AZ 5
    • 3 beds 4 baths ∙ 2,801 Sqft ∙ Built 1999 3 beds 4 baths ∙ 2,801 Sqft ∙ Built 1999
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.11
    •  
PROPERTY LISTING DETAILS
Jessica Jay-maleski
Sterling Fine Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170845
Last Updated: 12/12/2020
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