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1160 E Tyson Street Chandler, AZ 85225

3 Beds 2 Baths 2,115 sqft Built 1992

$495,000

List Price

$1,920

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $234.04
  • 3 Days on Market
  • MLS # : 6199025
  • Updated Date : 02/28/2021 at 00:36
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,115 sqft
  • Baths : 2 full
Listing Agent

Hometown Usa, Llc

Listing Agent's Description

WOW!! Here it is...NO HOA! This Beautifully upgraded and remodeled home with equally Lovely Entertaining backyard with sparkling pool is ready for you! NEW RV GATE and plenty of space for RV storage. Inside you'll love the Large Living areas and updated features including: New Windows and Blinds, Extended kitchen cabinets, quartz countertops, new appliances, new paint, updated bathrooms, fixtures and fans! NEW AC and meticulously maintained! Utility Sink and built in cabinets in garage as well as extra Linen and hallclosets in home. Must See.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Tradition

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: The Tradition

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10401981

* 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
Willis Junior High School Middle Regular 947 51 6
Chandler High School High Regular 3,176 153 5

Willis Junior High School

  • Education Level: Middle
  • # of students: 947
  • # of teachers: 51
6
GreatSchools Rating

Chandler High School

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

$445,500$544,500$495,000

PURCHASE PRICE

$1,728$2,112$1,920

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,920
EXPENSES Loan Payment -$1,719
Property Tax -$288
Property Insurance -$68
Property Management Fees -$99
CASH FLOW
-$255

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.

$495,000

PROJECTED PRICE

$1,920

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 7.0%
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$1.4M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$136,925

INVESTMENT

$136,925

Down Payment
$123,750
Rehab Estimate
$5,750
Closing Costs
$7,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,719

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $123,750
Loan Amount $371,250
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$10,741

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
  • $2,067

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7753$1,9954$2,1455$2,200
$2,200
RENT COMPS ANALYSIS
  • 1160 E Tyson Street Chandler, AZ 1
    • 3 beds 2 baths ∙ 2,115 Sqft ∙ Built 1992 3 beds 2 baths ∙ 2,115 Sqft ∙ Built 1992
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1171 E Flint Street Chandler, AZ 2
    • 4 beds 2 baths ∙ 1,915 Sqft ∙ Built 1991 4 beds 2 baths ∙ 1,915 Sqft ∙ Built 1991
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.93
    •  
  • 311 N Brookside Street Chandler, AZ 3
    • 3 beds 3 baths ∙ 2,147 Sqft ∙ Built 1994 3 beds 3 baths ∙ 2,147 Sqft ∙ Built 1994
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.93
    •  
  • 1551 E Shannon Street Chandler, AZ 4
    • 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 1997 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 1997
    property image
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,145
    • $1.04
    •  
  • 150 N Lakeview Boulevard #2 Chandler, AZ 5
    • 3 beds 3 baths ∙ 2,170 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,170 Sqft ∙ Built 2006
    property image
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.01
    •  
PROPERTY LISTING DETAILS
Debra Thomas
Hometown Usa, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199025
Last Updated: 02/28/2021
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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