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1719 E Beretta Place Chandler, AZ 85286

5 Beds 3 Baths 2,980 sqft Built 2001

$599,900

List Price

$2,270

$2K - $2.5K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $201.31
  • 2 Days on Market
  • MLS # : 6187772
  • Updated Date : 01/31/2021 at 05:07
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,980 sqft
  • Baths : 3 full
Listing Agent

Realty One Group

Listing Agent's Description

Hurry! JUST REMODLED! Welcome to your own piece of PARADISE LIVING in Canyon Oaks Estates in Chandler! Immaculate 5 Beds/3 Baths + Den OR Movie Room, 3- Car Garage, this home is sure to check off the boxes on your wish list. From the moment you enter, YOU'LL be IMPRESSED and realize that whether you're entertaining or simply relaxing in your Spectacular HUGE Oasis Backyard... It's YOUR OWN private destination! Check out the Stunning Open and Bright Floorplan w/ ALL NEW Wood Plank Tile, Carpet + Padding Throughout & the SOARING HIGH CEILINGS in the Living/Dining Rooms, & 20+ Ft High Vaulted Ceilings in the Family Room that are overlooking the BEATIFUL UPDATED WHITE KITCHEN! *OWNERS HAVE SPENT APPROX $100K ON IMPROVEMENTS! PLEASE SEE ALL HOME IMPROVEMENT ITEMS LISTED IN DOCUMENT TAB*

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Canyon Oaks Estates

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $122k395k

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

Neighborhood: Canyon Oaks Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10452067

* 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
Perry High School High Regular 3,194 142 7
Perry High School High Unknown NA

Santan Junior High School

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

Perry High School

  • Education Level: High
  • # of students: 3,194
  • # of teachers: 142
7
GreatSchools Rating

Perry High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$539,910$659,890$599,900

PURCHASE PRICE

$2,043$2,497$2,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,270
EXPENSES Loan Payment -$2,084
Property Tax -$349
Property Insurance -$85
HOA -$8
Property Management Fees -$99
CASH FLOW
-$356

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.

$599,900

PROJECTED PRICE

$2,270

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.5%
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-$5.0k$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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,724

INVESTMENT

$164,724

Down Payment
$149,975
Rehab Estimate
$5,750
Closing Costs
$8,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,084

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $149,975
Loan Amount $449,925
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$10,269

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,270

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $2,391

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,0503$2,2704$2,5005$2,905
$2,905
RENT COMPS ANALYSIS
  • 1719 E Beretta Place Chandler, AZ 3
    • 5 beds 3 baths ∙ 2,980 Sqft ∙ Built 2001 5 beds 3 baths ∙ 2,980 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $2,270
    • $0.76
    •  
  • 1470 S Eucalyptus Place Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,838 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,838 Sqft ∙ Built 2001
    LEASED 01/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.69
    •  
  • 2158 E Winchester Way Chandler, AZ 2
    • 5 beds 3 baths ∙ 2,695 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,695 Sqft ∙ Built 2000
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.76
    •  
  • 1160 E Hawken Way Chandler, AZ 4
    • 4 beds 3 baths ∙ 3,150 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,150 Sqft ∙ Built 2003
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.79
    •  
  • 1698 E Beretta Place Chandler, AZ 5
    • 5 beds 3 baths ∙ 2,980 Sqft ∙ Built 2001 5 beds 3 baths ∙ 2,980 Sqft ∙ Built 2001
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,905
    • $0.97
    •  
PROPERTY LISTING DETAILS
Ej Tallman
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187772
Last Updated: 01/31/2021
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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