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1131 W Yosemite Place Chandler, AZ 85248

5 Beds 5 Baths 3,982 sqft Built 2009

$1,050,000

List Price

$3,460

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $263.69
  • 5 Days on Market
  • MLS # : 6183207
  • Updated Date : 01/23/2021 at 00:01
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,982 sqft
  • Baths : 4 full , 1 half
Listing Agent

Keller Williams Realty Sonoran

Listing Agent's Description

This inviting Spanish-style home in gated Windward at Ocotillo is available for the first time. The original owners UPGRADED highly when built by Camelot Homes & recently added more! Your arrival is greeted by a custom designed IRON & GLASS front door. FULL HOME AUTOMATION with an Elan SMART HOME System. A stacking WALL OF GLASS opens from the Family Room to the enchanting outdoor living spaces, truly a PRIVATE sanctuary. Entertainers & their guests will enjoy the multiple conversation areas, star-gazing aside the gas fireplace in the spa, or keeping the chef company at the outdoor kitchen with a built-in gas grill & smoker. Two mounted TV's stay, along with multi-zoned speakers for media, accent lighting, security cameras - all controlled by the Elan system. Better than new! More ...

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Octotillo

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k459k

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

Neighborhood: The Octotillo

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452356

* 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
Chandler Traditional Academy - Independence Campus Primary Regular 869 43 10
Chandler Traditional Academy - Independence Campus Middle Regular 869 43 10
Hamilton High School High Regular 3,740 190 8

Chandler Traditional Academy - Independence Campus

  • Education Level: Primary
  • # of students: 869
  • # of teachers: 43
10
GreatSchools Rating

Chandler Traditional Academy - Independence Campus

  • Education Level: Middle
  • # of students: 869
  • # of teachers: 43
10
GreatSchools Rating

Hamilton High School

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

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$3,114$3,806$3,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,460
EXPENSES Loan Payment -$3,647
Property Tax -$761
Property Insurance -$105
HOA -$241
Property Management Fees -$99
CASH FLOW
-$1,393

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.

$1,050,000

PROJECTED PRICE

$3,460

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.3%
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-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

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$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,647

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$140

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
  • $4,042

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,5253$3,6004$3,7005$4,250
$4,250
RENT COMPS ANALYSIS
  • 1131 W Yosemite Place Chandler, AZ 1
    • 5 beds 5 baths ∙ 3,982 Sqft ∙ Built 2009 5 beds 5 baths ∙ 3,982 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4512 S Wildflower Place Chandler, AZ 2
    • 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2002
    LEASED 01/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,525
    • $0.96
    •  
  • 923 W Kaibab Drive Chandler, AZ 3
    • 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2016 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2016
    LEASED 08/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.96
    •  
  • 932 W Yosemite Drive Chandler, AZ 4
    • 5 beds 6 baths ∙ 3,750 Sqft ∙ Built 2018 5 beds 6 baths ∙ 3,750 Sqft ∙ Built 2018
    LEASED 01/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $0.99
    •  
  • 4523 S Wildflower Place Chandler, AZ 5
    • 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2003
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $1.15
    •  
PROPERTY LISTING DETAILS
Mary (mame) O'hara
Keller Williams Realty Sonoran
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183207
Last Updated: 01/23/2021
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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