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PROPERTY INFO
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
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PRICE & RENT TRENDS
Neighborhood: North Commonwealth
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North Commonwealth
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$118,375
LOAN DETAILS
$1,476
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $106,250 |
| Loan Amount | $318,750 |
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
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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
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- 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
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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
Keller Williams Realty East Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187857
Last Updated: 02/05/2021
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.
