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140 N Bradley Drive Chandler, AZ 85226

3 Beds 3 Baths 1,928 sqft Built 1995

$425,000

List Price

$1,840

$1.7K - $2K

Rent Est.

PROPERTY INFO

February 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $220.44
  • 4 Days on Market
  • MLS # : 6187857
  • Updated Date : 02/05/2021 at 20:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,928 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Realty East Valley

Listing Agent's Description

Fantastic 3bed/2.5bath home with office/loft. Excellent location, minutes to schools, shopping, dining, freeways and so much more. This gem features great curb appeal leading into the spacious formal living/dining area, with soaring ceilings, as well as a separate open concept family room, perfect for entertaining. Stylish granite kitchen boasts gas cooking, ss appliances, wine fridge and a breakfast bar with upgraded cabinets and walk-in pantry. Upstairs gorgeous master retreat, with wood flooring, includes en suite with dual sinks and glass framed shower with rainfall head. Two other bedrooms as well as a loft perfect for an office or children's area. Bathrooms are natural stone. Extra built in storage in laundry and garage. You will love gathering with friends and family in the

SEE MORE

PRICE & RENT TRENDS

Neighborhood: North Commonwealth

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $109k320k

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

Neighborhood: North Commonwealth

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9881780

* 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
Kyrene De La Paloma School Primary Regular 502 30 8
Kyrene Del Pueblo Middle School Middle Regular 829 50 8
Corona Del Sol High School High Regular 2,781 114 7

Kyrene De La Paloma School

  • Education Level: Primary
  • # of students: 502
  • # of teachers: 30
8
GreatSchools Rating

Kyrene Del Pueblo Middle School

  • Education Level: Middle
  • # of students: 829
  • # of teachers: 50
8
GreatSchools Rating

Corona Del Sol High School

  • Education Level: High
  • # of students: 2,781
  • # of teachers: 114
7
GreatSchools Rating
 

$382,500$467,500$425,000

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$1,476
Property Tax -$264
Property Insurance -$65
HOA -$16
Property Management Fees -$99
CASH FLOW
-$80

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.

$425,000

PROJECTED PRICE

$1,840

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.7%
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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$118,375

INVESTMENT

$118,375

Down Payment
$106,250
Rehab Estimate
$5,750
Closing Costs
$6,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,476

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $106,250
Loan Amount $318,750
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$19,273

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,840

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,914

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8403$1,8954$1,8955$1,900
$1,900
RENT COMPS ANALYSIS
  • 140 N Bradley Drive Chandler, AZ 2
    • 3 beds 3 baths ∙ 1,928 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,928 Sqft ∙ Built 1995
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,840
    • $0.95
    •  
  • 5093 W Buffalo Street Chandler, AZ 1
    • 4 beds 3 baths ∙ 1,928 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,928 Sqft ∙ Built 1994
    property image
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.93
    •  
  • 4719 W Tulsa Street Chandler, AZ 3
    • 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1993
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.03
    •  
  • 175 S Fir Street Chandler, AZ 4
    • 3 beds 2 baths ∙ 1,781 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,781 Sqft ∙ Built 1985
    property image
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.06
    •  
  • 4612 W Jupiter Way Chandler, AZ 5
    • 4 beds 3 baths ∙ 2,004 Sqft ∙ Built 1983 4 beds 3 baths ∙ 2,004 Sqft ∙ Built 1983
    property image
    LEASED 03/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.95
    •  
PROPERTY LISTING DETAILS
Carly K. Gibbs
Keller Williams Realty East Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187857
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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