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1157 W Dublin Street Chandler, AZ 85224

4 Beds 2 Baths 2,261 sqft Built 1977

$390,000

List Price

$2,090

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $172.49
  • 3 Days on Market
  • MLS # : 6190278
  • Updated Date : 02/05/2021 at 15:46
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,261 sqft
  • Baths : 2 full
Listing Agent

Offerpad

Listing Agent's Description

Updated Ranch style home has 4 bed, 2 baths. Beautiful tile and Laminate wood flooring throughout. Fresh interior/exterior paint. Soft color palette. Sliding barn door to the formal living room. The family room has a cozy fireplace. The eat-in kitchen has cherry custom cabinets, granite counters, stylish backsplash, SS appliances. Large laundry room. Generous sized bedrooms. Both bathrooms have double vanity. The primary bedroom has a walk-in closet. The backyard has a brick paver covered patio, nice lawn area for the kids & pets to play! Close to shopping, dining, and major freeways. This home is move-in ready!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Karen Manor

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $109k320k

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

Neighborhood: Karen Manor

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8781780

* 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
Andersen Junior High School Middle Regular 924 47 6
Chandler High School High Regular 3,176 153 5

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
 

$351,000$429,000$390,000

PURCHASE PRICE

$1,881$2,299$2,090

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,090
EXPENSES Loan Payment -$1,355
Property Tax -$227
Property Insurance -$71
Property Management Fees -$99
CASH FLOW
$338

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.

$390,000

PROJECTED PRICE

$2,090

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.3%
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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$109,100

INVESTMENT

$109,100

Down Payment
$97,500
Rehab Estimate
$5,750
Closing Costs
$5,850

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$1,355

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $97,500
Loan Amount $292,500
See What Happens When You Reinvest Cash Flow

10.25

YEARS SAVED

$58,721

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,090

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $2,385

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0903$2,2004$2,3505$2,495
$2,495
RENT COMPS ANALYSIS
  • 1157 W Dublin Street Chandler, AZ 2
    • 4 beds 2 baths ∙ 2,261 Sqft ∙ Built 1977 4 beds 2 baths ∙ 2,261 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $2,090
    • $0.92
    •  
  • 1180 W Gary Court Chandler, AZ 1
    • 4 beds 3 baths ∙ 1,936 Sqft ∙ Built 1993 4 beds 3 baths ∙ 1,936 Sqft ∙ Built 1993
    LEASED 12/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.03
    •  
  • 1591 W Ironwood Drive Chandler, AZ 3
    • 4 beds 2 baths ∙ 2,186 Sqft ∙ Built 1992 4 beds 2 baths ∙ 2,186 Sqft ∙ Built 1992
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.01
    •  
  • 1641 W Carla Vista Drive Chandler, AZ 4
    • 4 beds 2 baths ∙ 2,371 Sqft ∙ Built 1986 4 beds 2 baths ∙ 2,371 Sqft ∙ Built 1986
    LEASED 12/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.99
    •  
  • 1050 N Verano Way Chandler, AZ 5
    • 4 beds 3 baths ∙ 2,093 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,093 Sqft ∙ Built 1993
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.19
    •  
PROPERTY LISTING DETAILS
Steve J Jardina
Offerpad
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190278
Last Updated: 02/05/2021
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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