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1035 S Mosley Drive Chandler, AZ 85286

3 Beds 3 Baths 2,195 sqft Built 2002

$394,000

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $179.50
  • 4 Days on Market
  • MLS # : 6193010
  • Updated Date : 02/11/2021 at 20:48
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,195 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Great Chandler home close to the 202 San Tan Freeway and all the great restaurants in downtown Chandler! Second floor loft could be a game room or home office, huge master bedroom, bath,and walk in closet. Inside laundry room is a large combined pantry. Eat in Kitchen with center island. Close to parks and walking trails.Buyer to verify schools.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Reflections

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $106k320k

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

Neighborhood: Reflections

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9251780

* 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
Bogle Junior High School Middle Regular 1,225 56 8
Hamilton High School High Regular 3,740 190 8

Bogle Junior High School

  • Education Level: Middle
  • # of students: 1,225
  • # of teachers: 56
8
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$354,600$433,400$394,000

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,690
EXPENSES Loan Payment -$1,369
Property Tax -$230
Property Insurance -$70
HOA -$99
Property Management Fees -$99
CASH FLOW
-$176

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$394,000

PROJECTED PRICE

$1,690

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.3%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$110,160

INVESTMENT

$110,160

Down Payment
$98,500
Rehab Estimate
$5,750
Closing Costs
$5,910

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,369

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $98,500
Loan Amount $295,500
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$10,257

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,690

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,833

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,675
1$1,6752$1,6903$1,8004$1,8955$1,950
$1,950
RENT COMPS ANALYSIS
  • 1035 S Mosley Drive Chandler, AZ 2
    • 3 beds 3 baths ∙ 2,195 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,195 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.77
    •  
  • 1101 S Bogle Court Chandler, AZ 1
    • 3 beds 3 baths ∙ 2,195 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,195 Sqft ∙ Built 2004
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.76
    •  
  • 1060 S Maverick Street Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,016 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,016 Sqft ∙ Built 2007
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.89
    •  
  • 844 E Geronimo Court Chandler, AZ 4
    • 3 beds 3 baths ∙ 2,167 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,167 Sqft ∙ Built 1995
    property image
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.87
    •  
  • 1254 S Bogle Court Chandler, AZ 5
    • 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2004
    property image
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.82
    •  
PROPERTY LISTING DETAILS
Merri Krugen
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193010
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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