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9886 E Allison Way Scottsdale, AZ 85262

4 Beds 4 Baths 3,388 sqft Built 2007

$1,050,000

List Price

$4,000

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 17, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $309.92
  • 5 Days on Market
  • MLS # : 6195370
  • Updated Date : 02/17/2021 at 22:09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,388 sqft
  • Baths : 4 full
Listing Agent

Homie

Listing Agent's Description

Meticulously maintained single-level semi-custom on quiet cul-de-sac in gated Bel Canto at Mirabel Village. Large lot, mature landscaping & gated front courtyard. Private heated pool/spa & patio. Open, split floor plan. Gourmet kitchen, granite counters, oversized island, pantry. Family room has 12' ceilings & a raised hearth fireplace. Master has large walk-in closet, soaking tub, walk-through shower, marble vanities. Additional ensuite bedrooms, flex room, 3-car garage w/shop space.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mirabel Village

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000k1100kPrice in $122k1173k

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

Neighborhood: Mirabel Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21500200025003000350040004500Rent in $10454981

* 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
Sonoran Trails Middle School Middle Regular 841 39 9
Cactus Shadows High School High Regular 1,704 70 8
Sonoran Trails Middle School Middle Unknown NA

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

Sonoran Trails Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$3,600$4,400$4,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,000
EXPENSES Loan Payment -$3,647
Property Tax -$490
Property Insurance -$93
HOA -$25
Property Management Fees -$99
CASH FLOW
-$354

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.

$1,050,000

PROJECTED PRICE

$4,000

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.0%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$3,647

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$34,746

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
  • $4,540

    COMP ESTIMATED VALUE
  • $1.34

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,4003$4,500
$4,500
RENT COMPS ANALYSIS
  • 9886 E Allison Way Scottsdale, AZ 1
    • 4 beds 4 baths ∙ 3,388 Sqft ∙ Built 2007 4 beds 4 baths ∙ 3,388 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 34446 N 99th Way Scottsdale, AZ 2
    • 4 beds 5 baths ∙ 3,404 Sqft ∙ Built 2004 4 beds 5 baths ∙ 3,404 Sqft ∙ Built 2004
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.29
    •  
  • 36927 N 109th Way Scottsdale, AZ 3
    • 4 beds 4 baths ∙ 3,238 Sqft ∙ Built 2011 4 beds 4 baths ∙ 3,238 Sqft ∙ Built 2011
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.39
    •  
PROPERTY LISTING DETAILS
Daryl R Snow
Homie
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6195370
Last Updated: 02/17/2021
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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