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

9633 E Peak View Road Scottsdale, AZ 85262

3 Beds 3 Baths 3,173 sqft Built 2001

$979,000

List Price

$4,540

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $308.54
  • 2 Days on Market
  • MLS # : 6182028
  • Updated Date : 01/16/2021 at 18:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,173 sqft
  • Baths : 2 full , 1 half
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Beautiful Edmunds/Toll Torreon Model located in the gated Golf Community of the Monument at Troon North. Spacious open great room plan. Newer appliances in Gourmet Kitchen w/Large Island & Breakfast Bar. Gas cook top, slab granite counter tops spacious pantry, built in desk & breakfast area. Kitchen open to Great room w/gas fireplace & surround sound. Slate floors used extensively throughout. Separate Office & Formal Dining Room w/buffet & wine cooler. Master Suite w/dual vanities, jetted tub, walk in shower & large walkin closet. Resort backyard w/flagstone covered patio w/heated pool, spa, water feature, & Built In BBQ. Desirable N/S exposure. The perfect home for entertaining. New A/C and Heating units in 2019. R/O replaced 4 years ago. Recent interior paint. Water softner replaced Dec

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Fairways at Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $122k920k

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

Neighborhood: Fairways at Troon North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400360038004000Rent in $10454030

* 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
 

$881,100$1,076,900$979,000

PURCHASE PRICE

$4,086$4,994$4,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,540
EXPENSES Loan Payment -$3,400
Property Tax -$457
Property Insurance -$89
HOA -$10
Property Management Fees -$99
CASH FLOW
$484

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.

$979,000

PROJECTED PRICE

$4,540

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.2%
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$3.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$10k$20k$30k$40k$50k$60k

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$265,185

INVESTMENT

$265,185

Down Payment
$244,750
Rehab Estimate
$5,750
Closing Costs
$14,685

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$3,400

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $244,750
Loan Amount $734,250
See What Happens When You Reinvest Cash Flow

8

YEARS SAVED

$103,205

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,540

    LIST RENT
  • $1.43

    LIST RENT PER SQFT
  • $5,214

    COMP ESTIMATED VALUE
  • $1.64

    COMP AVG. RENT PER SQFT
Comps Range
$4,000
1$4,0002$4,5403$4,7504$6,500
$6,500
RENT COMPS ANALYSIS
  • 9633 E Peak View Road Scottsdale, AZ 2
    • 3 beds 3 baths ∙ 3,173 Sqft ∙ Built 2001 3 beds 3 baths ∙ 3,173 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $4,540
    • $1.43
    •  
  • 9371 E Via Dona Road Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 2,930 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,930 Sqft ∙ Built 1994
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.37
    •  
  • 9731 E Hidden Green Drive Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 3,436 Sqft ∙ Built 1997 4 beds 4 baths ∙ 3,436 Sqft ∙ Built 1997
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,750
    • $1.38
    •  
  • 28591 N 94th Place Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 2,981 Sqft ∙ Built 1997 4 beds 4 baths ∙ 2,981 Sqft ∙ Built 1997
    LEASED 03/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $6,500
    • $2.18
    •  
PROPERTY LISTING DETAILS
Katie Dabe
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6182028
Last Updated: 01/16/2021
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.

BESbswy