Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1104 W Enfield Place Chandler, AZ 85286

4 Beds 3 Baths 3,428 sqft Built 1998

$640,000

List Price

$2,880

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $186.70
  • 2 Days on Market
  • MLS # : 6179012
  • Updated Date : 01/09/2021 at 14:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,428 sqft
  • Baths : 3 full
Listing Agent

Az Cornerstone Realty, Llc

Listing Agent's Description

Luxury lifestyle with resort living. This home has 4 bedrooms + large den, 3 bathrooms. An oversized pool with spa and built-in BBQ provide a resort backyard for entertaining. The kitchen has stainless appliances and slab granite countertops. Appliances include disposal, dishwasher, refrigerator and a double wall oven. Other features include a center island with sink and breakfast bar, secretary desk area, extra long work area, wall pantry, an abundance of cabinets with decorator niches above the cabinetry plus an eat-in area. Family room is appointed with vaulted ceilings, a fireplace surrounded by built-in media shelving, a ceiling fans. Huge master suite with bay window sitting area, walk-in closet. Master bath with Separate Tub & Shower

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $122k383k

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

Neighborhood: Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10392090

* 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
Jacobson Elementary School Primary Regular 889 41 9
Jacobson Elementary School Middle Regular 889 41 9
Hamilton High School High Regular 3,740 190 8

Jacobson Elementary School

  • Education Level: Primary
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Jacobson Elementary School

  • Education Level: Middle
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Hamilton High School

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

$576,000$704,000$640,000

PURCHASE PRICE

$2,592$3,168$2,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,880
EXPENSES Loan Payment -$2,223
Property Tax -$405
Property Insurance -$94
HOA -$60
Property Management Fees -$99
CASH FLOW
-$1

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.

$640,000

PROJECTED PRICE

$2,880

PROJECTED RENT

0.45%

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$175,350

INVESTMENT

$175,350

Down Payment
$160,000
Rehab Estimate
$5,750
Closing Costs
$9,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$2,223

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $160,000
Loan Amount $480,000
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$35,403

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
  • $2,708

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2953$2,7004$2,7505$2,850
$2,850
RENT COMPS ANALYSIS
  • 1104 W Enfield Place Chandler, AZ 1
    • 4 beds 3 baths ∙ 3,428 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,428 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1863 W Homestead Drive Chandler, AZ 2
    • 4 beds 3 baths ∙ 3,258 Sqft ∙ Built 2011 4 beds 3 baths ∙ 3,258 Sqft ∙ Built 2011
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.70
    •  
  • 2121 W Maplewood Street Chandler, AZ 3
    • 5 beds 3 baths ∙ 3,613 Sqft ∙ Built 1999 5 beds 3 baths ∙ 3,613 Sqft ∙ Built 1999
    property image
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.75
    •  
  • 1090 W Longhorn Drive Chandler, AZ 4
    • 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998
    property image
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.84
    •  
  • 1135 W Mulberry Drive Chandler, AZ 5
    • 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998
    property image
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.87
    •  
PROPERTY LISTING DETAILS
Dana L Brown
Az Cornerstone Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179012
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.

BESbswy