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1153 W Kaibab Drive Chandler, AZ 85248

5 Beds 4 Baths 3,909 sqft Built 2007

$829,000

List Price

$3,350

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $212.07
  • 4 Days on Market
  • MLS # : 6162272
  • Updated Date : 11/20/2020 at 19:15
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,909 sqft
  • Baths : 4 full
Listing Agent

Az Lane Realty

Listing Agent's Description

Amazing semi-custom ORIGINAL LUXURY Camelot Home in prestigious Windward of Ocotillo! Home shows as a single level with majority of living area downstairs. Large private front courtyard leads to custom Iron entry door with seeded glass. This Tuscan home is elegantly and richly appointed with elements of natural stone, marble, wood and granite throughout. Old World knotty alder custom doors are just the tip of the WOW factor! Tumbled pavers on all patios, courtyards and driveway! Gourmet kitchen with Kitchen-Aid SS Suite, built in 42'' fridge, custom glazed alder cabinetry. Kohler sinks and toilet. Bidets in some Baths. Custom versaille travertine & New wood floors downstairs. Architectural arches, windows galore, with custom window coverings,

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
 

$746,100$911,900$829,000

PURCHASE PRICE

$3,015$3,685$3,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,350
EXPENSES Loan Payment -$3,059
Property Tax -$601
Property Insurance -$103
HOA -$221
Property Management Fees -$99
CASH FLOW
-$733

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.

$829,000

PROJECTED PRICE

$3,350

PROJECTED RENT

0.40%

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$225,435

INVESTMENT

$225,435

Down Payment
$207,250
Rehab Estimate
$5,750
Closing Costs
$12,435

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,059

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $207,250
Loan Amount $621,750
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$5,713

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
  • $3,362

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$2,8004$3,5255$3,700
$3,700
RENT COMPS ANALYSIS
  • 1153 W Kaibab Drive Chandler, AZ 1
    • 5 beds 4 baths ∙ 3,909 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,909 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 926 W Yosemite Drive Chandler, AZ 2
    • 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2018 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2018
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $0.74
    •  
  • 910 W Glacier Drive Chandler, AZ 3
    • 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2018 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2018
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.75
    •  
  • 4512 S Wildflower Place Chandler, AZ 4
    • 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
    •  
  • 932 W Yosemite Drive Chandler, AZ 5
    • 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
    •  
PROPERTY LISTING DETAILS
Cheryl Darling
Az Lane Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162272
Last Updated: 11/20/2020
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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