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9928 E Chuckwagon Lane Scottsdale, AZ 85262

4 Beds 5 Baths 4,004 sqft Built 2007

$1,255,000

List Price

$3,890

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 2007
  • Price/Sqft : $313.44
  • 11 Days on Market
  • MLS # : 6151665
  • Updated Date : 10/30/2020 at 18:19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,004 sqft
  • Baths : 5 full
Listing Agent

Cooper Premier Properties Llc

Listing Agent's Description

Absolutely STUNNING & Unique custom estate located in a gated golf community of Legend Trail! This is the home you have been waiting for and it finally came on the market! A few of the many features: over 4000 square feet with 4 bedrooms, 5 baths, 3 car garage, a gourmet Chef's kitchen with double ovens, stainless steel appliances, self closing drawers, gas cooktop, lots of alder cabinets, wet bar, home theater with butler's room, 3 gas fireplaces, beverage chillers, lots of travertine, crown molding, plenty of accent lighting, granite counters, large custom doors and lots of storage space AND a very nice & spacious detached GUEST CASITA . Wait until you see the lush green foliage that surrounds the expansive lot ! The builder spared no expense. Hurry, this one wont last long!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Legend Trail

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $122k733k

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

Neighborhood: Legend Trail

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $10453250

* 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
 

$1,129,500$1,380,500$1,255,000

PURCHASE PRICE

$3,501$4,279$3,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,890
EXPENSES Loan Payment -$4,630
Property Tax -$586
Property Insurance -$105
HOA -$24
Property Management Fees -$99
CASH FLOW
-$1,555

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.

$1,255,000

PROJECTED PRICE

$3,890

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.7%
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-$30k-$20k-$10k$0.0$10k$20k

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$338,325

INVESTMENT

$338,325

Down Payment
$313,750
Rehab Estimate
$5,750
Closing Costs
$18,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$4,630

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $313,750
Loan Amount $941,250
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,606

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
  • $4,444

    COMP ESTIMATED VALUE
  • $1.11

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,2003$4,700
$4,700
RENT COMPS ANALYSIS
  • 9928 E Chuckwagon Lane Scottsdale, AZ 1
    • 4 beds 5 baths ∙ 4,004 Sqft ∙ Built 2007 4 beds 5 baths ∙ 4,004 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 37428 N 97th Way Scottsdale, AZ 2
    • 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2006 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2006
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.05
    •  
  • 9910 E Allison Way Scottsdale, AZ 3
    • 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2008 5 beds 4 baths ∙ 4,004 Sqft ∙ Built 2008
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.17
    •  
PROPERTY LISTING DETAILS
Jon R. Cooper
Cooper Premier Properties Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151665
Last Updated: 10/30/2020
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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