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1941 W Hawk Court Chandler, AZ 85286

3 Beds 2 Baths 2,080 sqft Built 1996

INVESTimate

$468,500

List Price

$1,840

$1,656 - $2,024

Rent Est.

$495,345  ( +5.73%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1996
  • Price/Sqft : $225.24
  • 6 Days on Market
  • MLS # : 6120554
  • Updated Date : 08/21/2020 at 14:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,080 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Delightful 3Bedroom 2Bath with Den home masterfully remodeled home on an oversized corner lot. Large windows floods the space with light accenting the clean lined & a feel of casual coastal living. New flooring, paint, faucets & lights...list goes on. At the middle of the Cul du Sac is a path to Dog Park and walking path to Dobson Park. Welcome to your new home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Clemente Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Clemente Ranch

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
Tarwater Elementary School Primary Regular 857 45 9
Tarwater Elementary School Middle Regular 857 45 9
Hamilton High School High Regular 3,740 190 8

Tarwater Elementary School

  • Education Level: Primary
  • # of students: 857
  • # of teachers: 45
9
GreatSchools Rating

Tarwater Elementary School

  • Education Level: Middle
  • # of students: 857
  • # of teachers: 45
9
GreatSchools Rating

Hamilton High School

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

$421,650$515,350$468,500

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$1,729
Property Tax -$273
Property Insurance -$68
HOA -$50
Property Management Fees -$99
CASH FLOW
-$378

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.

$468,500

PROJECTED PRICE

$1,840

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.73%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$129,903

INVESTMENT

$129,903

Down Payment
$117,125
Rehab Estimate
$5,750
Closing Costs
$7,028

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,729

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $117,125
Loan Amount $351,375
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$5,506

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
  • $2,106

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0803$2,1004$2,2005$2,449
$2,449
RENT COMPS ANALYSIS
  • 1941 W Hawk Court Chandler, 1
    • 3 beds 2 baths ∙ 2,080 Sqft ∙ Built 1996 3 beds 2 baths ∙ 2,080 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1931 W Pelican Drive Chandler, 2
    • 3 beds 2 baths ∙ 2,200 Sqft ∙ Built 2011 3 beds 2 baths ∙ 2,200 Sqft ∙ Built 2011
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,080
    • $0.95
    •  
  • 2690 S Los Altos Drive Chandler, 3
    • 4 beds 3 baths ∙ 2,205 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,205 Sqft ∙ Built 1996
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.95
    •  
  • 1776 W Canary Way Chandler, 4
    • 4 beds 2 baths ∙ 2,080 Sqft ∙ Built 1995 4 beds 2 baths ∙ 2,080 Sqft ∙ Built 1995
    LEASED 08/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.06
    •  
  • 2960 S Arroyo Drive Chandler, 5
    • 3 beds 2 baths ∙ 2,240 Sqft ∙ Built 1996 3 beds 2 baths ∙ 2,240 Sqft ∙ Built 1996
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,449
    • $1.09
    •  
PROPERTY LISTING DETAILS
Andrew Song
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120554
Last Updated: 08/21/2020
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.

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