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9578 N 132nd Place Scottsdale, AZ 85259

4 Beds 4 Baths 3,261 sqft Built 1998

$915,000

List Price

$3,880

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $280.59
  • 4 Days on Market
  • MLS # : 6203427
  • Updated Date : 03/25/2021 at 16:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,261 sqft
  • Baths : 3 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

Wow! Amazing city light and mountain views to be enjoyed from the gorgeous and peaceful back yard with large covered patio, pool, spa, fire pit and built-in BBQ. Popular split floor plan featuring formal living and dining room, family room, and gourmet kitchen with Bosch appliances, gas cooking and island. Plus, soaring ceilings throughout and huge bedrooms with walk-in closets and well-appointed primary suite with exit to the back yard. All of this in a beautiful gated community nestled next to mountains and the back yard bordering the reservation. It all adds up to a fantastic location , features and value!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Carino Canyon

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800kPrice in $122k856k

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

Neighborhood: Carino Canyon

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500Rent in $10454800

* 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
 

$823,500$1,006,500$915,000

PURCHASE PRICE

$3,492$4,268$3,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,880
EXPENSES Loan Payment -$3,178
Property Tax -$449
Property Insurance -$91
HOA -$8
Property Management Fees -$99
CASH FLOW
$56

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.

$915,000

PROJECTED PRICE

$3,880

PROJECTED RENT

0.42%

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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

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

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$248,225

INVESTMENT

$248,225

Down Payment
$228,750
Rehab Estimate
$5,750
Closing Costs
$13,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,178

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $228,750
Loan Amount $686,250
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$57,080

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,880

    LIST RENT
  • $1.19

    LIST RENT PER SQFT
  • $3,065

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$2,900
1$2,9002$2,9003$3,3004$3,5005$3,880
$3,880
RENT COMPS ANALYSIS
  • 9578 N 132nd Place Scottsdale, AZ 5
    • 4 beds 4 baths ∙ 3,261 Sqft ∙ Built 1998 4 beds 4 baths ∙ 3,261 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $3,880
    • $1.19
    •  
  • 11265 N 130th Way Scottsdale, AZ 1
    • 5 beds 3 baths ∙ 3,253 Sqft ∙ Built 1991 5 beds 3 baths ∙ 3,253 Sqft ∙ Built 1991
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.89
    •  
  • 12863 E Becker Lane Scottsdale, AZ 2
    • 4 beds 3 baths ∙ 3,276 Sqft ∙ Built 1991 4 beds 3 baths ∙ 3,276 Sqft ∙ Built 1991
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.89
    •  
  • 11302 N 131st Place Scottsdale, AZ 3
    • 5 beds 3 baths ∙ 3,514 Sqft ∙ Built 1991 5 beds 3 baths ∙ 3,514 Sqft ∙ Built 1991
    LEASED 05/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.94
    •  
  • 12543 E Mercer Lane Scottsdale, AZ 4
    • 4 beds 3 baths ∙ 3,356 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,356 Sqft ∙ Built 2001
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.04
    •  
PROPERTY LISTING DETAILS
Jon Littlefield
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203427
Last Updated: 03/25/2021
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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