Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1827 W Periwinkle Way Chandler, AZ 85248

2 Beds 2 Baths 1,311 sqft Built 2001

$324,900

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $247.83
  • 3 Days on Market
  • MLS # : 6160272
  • Updated Date : 11/14/2020 at 13:23
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,311 sqft
  • Baths : 2 full
Listing Agent

International Real Estate Professionals, Llc

Listing Agent's Description

*SHARP*2 BEDROOMS PLUS COZY DEN*9 FT CEILINGS*BEAUTIFUL TRAVERTINE FLOORING & GRANITE COUNTER TOPS*WOOD SHUTTERS*GAS FIREPLACE*A/C 2 YEARS OLD*LOW MAINTENANCE BACK YARD W/ SYNTHETIC GRASS & COVERED/OPEN PATIOS*ATTRACTIVE LIGHTING/FANS*NEUTRAL PAINT*GARAGE OVERHEAD STORAGE RACKS*WATER CONDITIONER*ALL APPLIANCES STAY*NICE LOCATION IN CUL-DE-SAC*

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Montefino Village

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Montefino Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Jacobson Elementary School Primary Regular 889 41 9
Jacobson Elementary School Middle Regular 889 41 9
Hamilton High School High Regular 3,740 190 8

Jacobson Elementary School

  • Education Level: Primary
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Jacobson Elementary School

  • Education Level: Middle
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$292,410$357,390$324,900

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$1,199
Property Tax -$235
Property Insurance -$53
HOA -$275
Property Management Fees -$99
CASH FLOW
-$261

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.

$324,900

PROJECTED PRICE

$1,600

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 1.7%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$91,849

INVESTMENT

$91,849

Down Payment
$81,225
Rehab Estimate
$5,750
Closing Costs
$4,874

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,199

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $81,225
Loan Amount $243,675
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,434

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,635

    COMP ESTIMATED VALUE
  • $1.25

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3953$1,4494$1,6505$1,850
$1,850
RENT COMPS ANALYSIS
  • 1827 W Periwinkle Way Chandler, AZ 1
    • 2 beds 2 baths ∙ 1,311 Sqft ∙ Built 2001 2 beds 2 baths ∙ 1,311 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3800 S Cantabria Circle #1009 Chandler, AZ 2
    • 2 beds 2 baths ∙ 1,188 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,188 Sqft ∙ Built 1998
    property image
    LEASED 10/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $1.17
    •  
  • 3800 S Cantabria Circle #1069 Chandler, AZ 3
    • 2 beds 2 baths ∙ 1,188 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,188 Sqft ∙ Built 1998
    property image
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,449
    • $1.22
    •  
  • 1864 W Olive Way Chandler, AZ 4
    • 2 beds 2 baths ∙ 1,338 Sqft ∙ Built 2002 2 beds 2 baths ∙ 1,338 Sqft ∙ Built 2002
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.23
    •  
  • 2511 W Queen Creek Road #141 Chandler, AZ 5
    • 2 beds 2 baths ∙ 1,346 Sqft ∙ Built 2018 2 beds 2 baths ∙ 1,346 Sqft ∙ Built 2018
    property image
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.37
    •  
PROPERTY LISTING DETAILS
Roger W. Swanson
International Real Estate Professionals, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160272
Last Updated: 11/14/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy