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9764 E Dreyfus Avenue Scottsdale, AZ 85260

3 Beds 2 Baths 2,229 sqft Built 1986

$669,000

List Price

$2,440

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $300.13
  • 4 Days on Market
  • MLS # : 6192817
  • Updated Date : 02/11/2021 at 23:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,229 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

If you're looking for upscale living conveniently located just off the 101 then look NO further! This is the home you have been looking for. This beautiful 3 bedroom & 2 bathroom home has been meticulously maintained by the same owner for the past 30+ years. You are going to love this home from the second you arrive. The entry way was tastefully finished with stacked stone columns and custom lighting. After entering through the french doors you will be greeted by vaulted ceilings, the living room and formal dining room. Continue through the home to enjoy the open floor plan that includes neutral flooring & paint colors throughout, wood shutters and more. The kitchen features granite counter tops, and newer stainless steel appliances. The oversized master bedroom includes a separate exit

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sweetwater Ranch Foothills at Sweetwater Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Sweetwater Ranch Foothills at Sweetwater Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453693

* 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
 

$602,100$735,900$669,000

PURCHASE PRICE

$2,196$2,684$2,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,440
EXPENSES Loan Payment -$2,324
Property Tax -$313
Property Insurance -$71
HOA -$5
Property Management Fees -$99
CASH FLOW
-$371

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.

$669,000

PROJECTED PRICE

$2,440

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 5.5%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k

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$183,035

INVESTMENT

$183,035

Down Payment
$167,250
Rehab Estimate
$5,750
Closing Costs
$10,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,324

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $167,250
Loan Amount $501,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$12,492

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,440

    LIST RENT
  • $1.09

    LIST RENT PER SQFT
  • $2,697

    COMP ESTIMATED VALUE
  • $1.21

    COMP AVG. RENT PER SQFT
Comps Range
$2,200
1$2,2002$2,4403$2,4504$2,7505$3,400
$3,400
RENT COMPS ANALYSIS
  • 9764 E Dreyfus Avenue Scottsdale, AZ 2
    • 3 beds 2 baths ∙ 2,229 Sqft ∙ Built 1986 3 beds 2 baths ∙ 2,229 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $2,440
    • $1.09
    •  
  • 9649 E Friess Drive Scottsdale, AZ 1
    • 4 beds 3 baths ∙ 2,096 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,096 Sqft ∙ Built 1996
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.05
    •  
  • 9273 E Pershing Avenue E Scottsdale, AZ 3
    • 4 beds 3 baths ∙ 2,119 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,119 Sqft ∙ Built 1992
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $1.16
    •  
  • 9548 E Desert Trail Scottsdale, AZ 4
    • 3 beds 3 baths ∙ 2,328 Sqft ∙ Built 1987 3 beds 3 baths ∙ 2,328 Sqft ∙ Built 1987
    LEASED 11/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.18
    •  
  • 9341 E Pershing Avenue Scottsdale, AZ 5
    • 4 beds 3 baths ∙ 2,348 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,348 Sqft ∙ Built 1993
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.45
    •  
PROPERTY LISTING DETAILS
Jerry Thomas Beavers
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6192817
Last Updated: 02/11/2021
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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