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1082 N Bogle Avenue Chandler, AZ 85225

3 Beds 2 Baths 1,632 sqft Built 1995

$349,000

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $213.85
  • 3 Days on Market
  • MLS # : 6178299
  • Updated Date : 01/09/2021 at 02:14
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,632 sqft
  • Baths : 2 full
Listing Agent

Homesmart Lifestyles

Listing Agent's Description

LOCATION LOCATION LOCATION !!!The perfect starter home is finally here! Come see this charming 3 bedroom property in Chandler offering a low maintenance front yard with a convenient 2 car garage. Inside, you will find a nice living room, tile flooring & wood laminate in high traffic areas, beautiful arch entryways, and a cozy family room with direct access to the back patio. The eat-in kitchen features stainless steel appliances, granite counters, ample cabinets, and a center island w/breakfast bar. The spacious master suite has tons of natural light, a walk-in closet, and a full ensuite with dual vanity, soaking tub & step-in shower. Lovely backyard with covered patio includes extended patio slab. Enjoy hosting fun barbecues! Don't let this deal pass by! Call today

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Provinces

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: The Provinces

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9161981

* 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
Bologna Elementary School Primary Regular 660 42 5
Andersen Junior High School Middle Regular 924 47 6
Chandler High School High Regular 3,176 153 5

Bologna Elementary School

  • Education Level: Primary
  • # of students: 660
  • # of teachers: 42
5
GreatSchools Rating

Andersen Junior High School

  • Education Level: Middle
  • # of students: 924
  • # of teachers: 47
6
GreatSchools Rating

Chandler High School

  • Education Level: High
  • # of students: 3,176
  • # of teachers: 153
5
GreatSchools Rating
 

$314,100$383,900$349,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,212
Property Tax -$203
Property Insurance -$59
HOA -$2
Property Management Fees -$99
CASH FLOW
$165

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.

$349,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.6%
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$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,235

INVESTMENT

$98,235

Down Payment
$87,250
Rehab Estimate
$5,750
Closing Costs
$5,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,212

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,250
Loan Amount $261,750
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$35,242

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,740

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $1,730

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,7403$1,7944$1,8005$1,850
$1,850
RENT COMPS ANALYSIS
  • 1082 N Bogle Avenue Chandler, AZ 2
    • 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $1,740
    • $1.07
    •  
  • 1253 N Exeter Street Chandler, AZ 1
    • 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2005
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.02
    •  
  • 836 E Harrison Street Chandler, AZ 3
    • 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 2011
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,794
    • $1.05
    •  
  • 651 E Jasper Drive Chandler, AZ 4
    • 3 beds 2 baths ∙ 1,675 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,675 Sqft ∙ Built 1995
    LEASED 11/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.07
    •  
  • 644 E Sheffield Avenue Chandler, AZ 5
    • 3 beds 2 baths ∙ 1,675 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,675 Sqft ∙ Built 1995
    LEASED 10/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.10
    •  
PROPERTY LISTING DETAILS
Michael J. Collum
Homesmart Lifestyles
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178299
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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