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1395 W Browning Way Chandler, AZ 85286

4 Beds 3 Baths 2,511 sqft Built 1998

$459,900

List Price

$2,230

$2K - $2.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $183.15
  • 2 Days on Market
  • MLS # : 6195950
  • Updated Date : 03/06/2021 at 08:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,511 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

WELCOME TO YOUR NEW HOME ! 4 Bedroom plus Den, 3 Bath ,Beautiful Updated Kitchen overlooking Family Room. Great Backyard with Covered Patio for those Family BBQ's. 3 Car Garage. Great Location close to Shopping, Restaurants and Hwy Access. Also has New AC Units.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $122k383k

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

Neighborhood: Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10392090

* 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
Bogle Junior High School Middle Regular 1,225 56 8
Hamilton High School High Regular 3,740 190 8

Bogle Junior High School

  • Education Level: Middle
  • # of students: 1,225
  • # of teachers: 56
8
GreatSchools Rating

Hamilton High School

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

$413,910$505,890$459,900

PURCHASE PRICE

$2,007$2,453$2,230

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,230
EXPENSES Loan Payment -$1,597
Property Tax -$268
Property Insurance -$76
HOA -$67
Property Management Fees -$99
CASH FLOW
$123

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.

$459,900

PROJECTED PRICE

$2,230

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
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

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$127,624

INVESTMENT

$127,624

Down Payment
$114,975
Rehab Estimate
$5,750
Closing Costs
$6,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,597

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $114,975
Loan Amount $344,925
See What Happens When You Reinvest Cash Flow

6.58

YEARS SAVED

$36,430

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,230

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $2,229

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$2,1003$2,2304$2,4855$2,500
$2,500
RENT COMPS ANALYSIS
  • 1395 W Browning Way Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,511 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,511 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,230
    • $0.89
    •  
  • 1270 W Flintlock Way Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,511 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,511 Sqft ∙ Built 1998
    property image
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.79
    •  
  • 1674 W Gunstock Loop Chandler, AZ 2
    • 4 beds 3 baths ∙ 2,471 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,471 Sqft ∙ Built 1992
    property image
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.85
    •  
  • 1715 W Morelos Street Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1997
    property image
    LEASED 07/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,485
    • $0.93
    •  
  • 1444 W Spruce Drive Chandler, AZ 5
    • 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1999 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1999
    property image
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.98
    •  
PROPERTY LISTING DETAILS
Lisa Ohm
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6195950
Last Updated: 03/06/2021
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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