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9902 E Acacia Drive Scottsdale, AZ 85260

5 Beds 3 Baths 3,374 sqft Built 2005

$788,000

List Price

$3,860

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $233.55
  • 2 Days on Market
  • MLS # : 6176942
  • Updated Date : 01/09/2021 at 06:29
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,374 sqft
  • Baths : 3 full
Listing Agent

Lux Home Realty

Listing Agent's Description

This beautiful 5-bedroom, 3-bathroom home is located on one of the best lots in the subdivision. There is a natural desert space to the east of the home for added privacy. Located in the highly desirable community of Trails North at Horseman;s Park with backyard views of Tom's Thumb and the McDowell Mountains, it is the perfect family home with excellent public schools and private schools like Notre Dame Prep within walking distance and minutes to Ice Den, Soccer/Sports Fields, and many local spotsfor family events such as McDowell Sonoran Gateway Trail and multiple afterschool activity locations in local McDowell Mountain business parks near Ice Den.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Trails North at Horsemans Park

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $122k628k

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

Neighborhood: Trails North at Horsemans Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000Rent in $10453097

* 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 Canyon Elementary School Primary Regular 503 25 10
Desert Canyon Middle School Middle Regular 566 29 8
Desert Mountain High School High Regular 2,247 94 8

Desert Canyon Elementary School

  • Education Level: Primary
  • # of students: 503
  • # of teachers: 25
10
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
 

$709,200$866,800$788,000

PURCHASE PRICE

$3,474$4,246$3,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,860
EXPENSES Loan Payment -$2,737
Property Tax -$369
Property Insurance -$93
HOA -$31
Property Management Fees -$99
CASH FLOW
$531

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.

$788,000

PROJECTED PRICE

$3,860

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.8%
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

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$214,570

INVESTMENT

$214,570

Down Payment
$197,000
Rehab Estimate
$5,750
Closing Costs
$11,820

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,737

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $197,000
Loan Amount $591,000
See What Happens When You Reinvest Cash Flow

9.17

YEARS SAVED

$100,052

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
  • $4,057

    COMP ESTIMATED VALUE
  • $1.2

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3003$4,1504$4,2005$4,650
$4,650
RENT COMPS ANALYSIS
  • 9902 E Acacia Drive Scottsdale, AZ 1
    • 5 beds 3 baths ∙ 3,374 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,374 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9900 E Bahia Drive Scottsdale, AZ 2
    • 5 beds 3 baths ∙ 3,374 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,374 Sqft ∙ Built 2006
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.98
    •  
  • 9326 E Canyon View Road Scottsdale, AZ 3
    • 4 beds 5 baths ∙ 3,645 Sqft ∙ Built 2006 4 beds 5 baths ∙ 3,645 Sqft ∙ Built 2006
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,150
    • $1.14
    •  
  • 17360 N 96th Way Scottsdale, AZ 4
    • 4 beds 4 baths ∙ 3,175 Sqft ∙ Built 2017 4 beds 4 baths ∙ 3,175 Sqft ∙ Built 2017
    LEASED 12/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.32
    •  
  • 10858 E Cosmos Circle Scottsdale, AZ 5
    • 4 beds 4 baths ∙ 3,404 Sqft ∙ Built 1997 4 beds 4 baths ∙ 3,404 Sqft ∙ Built 1997
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,650
    • $1.37
    •  
PROPERTY LISTING DETAILS
Jennifer Bell
Lux Home Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176942
Last Updated: 01/09/2021
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.

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