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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $251.02
- 17 Days on Market
- MLS # : 6167678
- Updated Date : 12/18/2020 at 16:00
CONSTRUCTION
- Beds : 3
- Floor Size : 3,426 sqft
- Baths : 3 full
Listing Agent
Sundance Properties
Listing Agent's Description
Wait until you see this beautiful custom home tucked away in the exclusive, gated Eden Estates! Prepare yourself for the SWIM UP POOL BAR with an outdoor kitchen which includes a Viking grill where you can host big celebrations, or a quieter time with your closest friends and family. The house has a wonderful, classic feel with a grand entry, arches and columns. There is a gourmet kitchen with stainless steel Viking appliances, including a commercial style gas range with a pot filler! The private main bedroom suite has direct access to the pool, a fireplace, dual closets, a bathroom with dual sinks and a spa tub. Almost every room in the house has direct access to the backyard. Large corner lot. Make sure you take a look at the video! You will want to see this special home in person!
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PRICE & RENT TRENDS
Neighborhood: Eden Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Eden Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,720 |
| EXPENSES | Loan Payment | -$3,173 |
| Property Tax | -$517 | |
| Property Insurance | -$94 | |
| HOA | -$34 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,197
|
||
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.
$860,000
PROJECTED PRICE
$2,720
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.3% |
| 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
$233,650
LOAN DETAILS
$3,173
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $215,000 |
| Loan Amount | $645,000 |
0.25
YEARS SAVED
$339
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$3,049
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
1660 S Jay Place Chandler, AZ 1
- 3 beds 3 baths ∙ 3,426 Sqft ∙ Built 2001 3 beds 3 baths ∙ 3,426 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1090 W Longhorn Drive Chandler, AZ 2
- 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998
LEASED 08/04/20- Rent
- Rent Per SQFT
- $2,750
- $0.84
-
1135 W Mulberry Drive Chandler, AZ 3
- 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,290 Sqft ∙ Built 1998
LEASED 10/30/20- Rent
- Rent Per SQFT
- $2,850
- $0.87
-
860 W Macaw Drive Chandler, AZ 4
- 4 beds 3 baths ∙ 3,242 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,242 Sqft ∙ Built 2003
LEASED 09/13/19- Rent
- Rent Per SQFT
- $2,900
- $0.89
-
2274 S Beverly Place Chandler, AZ 5
- 4 beds 3 baths ∙ 3,242 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,242 Sqft ∙ Built 2003
LEASED 06/21/19- Rent
- Rent Per SQFT
- $3,100
- $0.96
PROPERTY LISTING DETAILS
Sundance Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6167678
Last Updated: 12/18/2020
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.
