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1546 E Aquarius Place Chandler, AZ 85249

5 Beds 3 Baths 3,239 sqft Built 2014

$719,000

List Price

$3,030

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $221.98
  • 4 Days on Market
  • MLS # : 6208305
  • Updated Date : 03/20/2021 at 20:45
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,239 sqft
  • Baths : 3 full
Listing Agent

Long Realty Partners

Listing Agent's Description

IMMACULATE 5 BR PLUS OFFICE PLUS A MEDIA ROOM THAT WILL GO FAST! GORGEOUS STACKED STONE AND CRISP SYNTHETIC GRASS YARD GREETS YOU AT THE CURB. ENTER THE FOYER AND PREPARE TO BE BLOWN AWAY BY THE 10 FT CEILINGS. A CHEFS DREAM KITCHEN W/ HUGE ISLAND, HIGHLY UPGRADED STAINLESS APPLIANCES INCLUDING 5 BURNER GAS STOVE ALL OPEN TO HUGE GREAT ROOM WITH SURROUND SOUND, PERFECT FOR ENTERTAINING. EXTENDED WIDTH SLIDING DOORS TAKE YOU TO YOUR OWN RESORT W/ 9 FT DEEP SPARKLING POOL, SYNTHETIC GRASS, HUGE COVERED PATIO W/ MOUNTED TV, & RAISED FLOWER BOX (NO HOMES BEHIND, JUST QUIET STEET). LARGE MASTER SUITE HAS GORGEOUS NEW FLOORS & BATH OFFERS GARDEN TUB AND CUSTOM TILE SHOWER & HUGE W/IN CLOSET! MEDIA/THEATER ROOM=TONS OF OPTIONS. LARGE LAUNDRY ROOM W/ UTILITY SINK, B-IN CABS IN OVERSIZED GARAGE

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k403k

* 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
Santan Junior High School Middle Regular 1,291 60 9
Basha High School High Regular 2,646 125 8

Santan Junior High School

  • Education Level: Middle
  • # of students: 1,291
  • # of teachers: 60
9
GreatSchools Rating

Basha High School

  • Education Level: High
  • # of students: 2,646
  • # of teachers: 125
8
GreatSchools Rating
 

$647,100$790,900$719,000

PURCHASE PRICE

$2,727$3,333$3,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,030
EXPENSES Loan Payment -$2,497
Property Tax -$512
Property Insurance -$90
HOA -$106
Property Management Fees -$99
CASH FLOW
-$275

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.

$719,000

PROJECTED PRICE

$3,030

PROJECTED RENT

0.42%

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$196,285

INVESTMENT

$196,285

Down Payment
$179,750
Rehab Estimate
$5,750
Closing Costs
$10,785

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,497

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $179,750
Loan Amount $539,250
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$19,099

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,030

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $3,045

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$3,0003$3,0304$3,2005$3,300
$3,300
RENT COMPS ANALYSIS
  • 1546 E Aquarius Place Chandler, AZ 3
    • 5 beds 3 baths ∙ 3,239 Sqft ∙ Built 2014 5 beds 3 baths ∙ 3,239 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $3,030
    • $0.94
    •  
  • 4900 S Springs Drive Chandler, AZ 1
    • 6 beds 3 baths ∙ 3,262 Sqft ∙ Built 2001 6 beds 3 baths ∙ 3,262 Sqft ∙ Built 2001
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.84
    •  
  • 2143 E Canyon Place Chandler, AZ 2
    • 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2004
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.96
    •  
  • 2645 E Elmwood Place Chandler, AZ 4
    • 6 beds 3 baths ∙ 3,517 Sqft ∙ Built 2003 6 beds 3 baths ∙ 3,517 Sqft ∙ Built 2003
    LEASED 02/06/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $0.91
    •  
  • 1370 E Scorpio Place Chandler, AZ 5
    • 4 beds 4 baths ∙ 3,151 Sqft ∙ Built 2020 4 beds 4 baths ∙ 3,151 Sqft ∙ Built 2020
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.05
    •  
PROPERTY LISTING DETAILS
Doug Coats
Long Realty Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6208305
Last Updated: 03/20/2021
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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