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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $206.70
- 5 Days on Market
- MLS # : 6166507
- Updated Date : 12/02/2020 at 09:11
CONSTRUCTION
- Beds : 3
- Floor Size : 1,596 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
NEW 16 SEER TRANE A/C w/10 yr warranty! Open, GREAT ROOM plan. Huge kitchen open to great rm. Granite counters & kitchen island! All appliances included. Vaulted ceilings & NO POPCORN ceilings! Huge Master bdrm w/ walk-in closet. Nice sized guest bdrms. Wood blinds on every window. New ceiling fans. NEW dishwasher. Tons of storage in garage+epoxy floors! WATER SOFTENER. French doors to huge, COVERED PATIO. Large pool-sized back yard. NO TWO STORY HOUSES behind & NONE in neighborhood! Large open space on north side due to easement! NOT a through street, so not much traffic. Overnight Parking on street allowed! Community grass areas! Central Chandler LOCATION! One light away from loop 202! Minutes to CG Community College, parks, hospitals, DOWNTOWN CHANDLER, Malls, everything you need!
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PRICE & RENT TRENDS
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,690 |
| EXPENSES | Loan Payment | -$1,217 |
| Property Tax | -$192 | |
| Property Insurance | -$58 | |
| HOA | -$51 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$72
|
||
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.
$329,900
PROJECTED PRICE
$1,690
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$93,174
LOAN DETAILS
$1,217
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $82,475 |
| Loan Amount | $247,425 |
6.5
YEARS SAVED
$29,675
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,690
LIST RENT -
$1.06
LIST RENT PER SQFT
-
$1,692
COMP ESTIMATED VALUE -
$1.06
COMP AVG. RENT PER SQFT
Comps Range
-
1220 S Crossbow Place Chandler, AZ 3
- 3 beds 2 baths ∙ 1,596 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,596 Sqft ∙ Built 1996
![property image]()
- Rent
- Rent Per SQFT
- $1,690
- $1.06
-
1023 S San Vincente Court Chandler, AZ 1
- 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2002
![property image]()
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,595
- $1.01
-
751 E Reflection Place Chandler, AZ 2
- 3 beds 3 baths ∙ 1,575 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,575 Sqft ∙ Built 2003
![property image]()
LEASED 06/23/20- Rent
- Rent Per SQFT
- $1,595
- $1.01
-
681 E Browning Way Chandler, AZ 4
- 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 2003
![property image]()
LEASED 08/04/20- Rent
- Rent Per SQFT
- $1,700
- $1.08
-
1043 S San Vincente Court Chandler, AZ 5
- 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2002
![property image]()
LEASED 11/30/20- Rent
- Rent Per SQFT
- $1,795
- $1.14
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6166507
Last Updated: 12/02/2020
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.
