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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $217.10
- 2 Days on Market
- MLS # : 6206897
- Updated Date : 03/13/2021 at 16:12
CONSTRUCTION
- Beds : 4
- Floor Size : 2,211 sqft
- Baths : 2 full , 1 half
Listing Agent
Arizona Gold Realty
Listing Agent's Description
GORGEOUS HOME in a fabulous Chandler location! Don't miss this open and bright floor plan featuring upgraded kitchen cabinets with crown molding, white quartz countertops, kitchen island & stainless steel appliances! Ceramic wood plank tile in the living areas with carpet in the bedrooms, extra wide base boards , 2 inch wood blinds & ceiling fans thru out!! This home features a large master bedroom & bath with lots of light..the bath has double sinks, sep tub & shower, private toilet room, & a large walk-in closet! The large backyard features a covered patio,grass & stone and all complemented with a few bushes & trees.
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PRICE & RENT TRENDS
Neighborhood: Canyon Oaks Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Canyon Oaks Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,100 |
| EXPENSES | Loan Payment | -$1,667 |
| Property Tax | -$280 | |
| Property Insurance | -$70 | |
| HOA | -$9 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$25
|
||
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.
$480,000
PROJECTED PRICE
$2,100
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$132,950
LOAN DETAILS
$1,667
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $120,000 |
| Loan Amount | $360,000 |
5.17
YEARS SAVED
$25,486
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
-
$2,145
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
1982 E Derringer Way Chandler, AZ 1
- 4 beds 3 baths ∙ 2,211 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,211 Sqft ∙ Built 2015
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
905 S Canal Drive Chandler, AZ 2
- 3 beds 3 baths ∙ 2,114 Sqft ∙ Built 2021 3 beds 3 baths ∙ 2,114 Sqft ∙ Built 2021
![property image]()
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,895
- $0.90
-
1519 S Danyell Place Chandler, AZ 3
- 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 2000
![property image]()
LEASED 07/10/20- Rent
- Rent Per SQFT
- $1,950
- $0.89
-
905 S Canal Drive #26 Chandler, AZ 4
- 3 beds 3 baths ∙ 2,114 Sqft ∙ Built 2021 3 beds 3 baths ∙ 2,114 Sqft ∙ Built 2021
![property image]()
LEASED 10/22/20- Rent
- Rent Per SQFT
- $2,195
- $1.04
-
2135 E Longhorn Place Chandler, AZ 5
- 4 beds 3 baths ∙ 2,378 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,378 Sqft ∙ Built 2000
![property image]()
LEASED 12/14/20- Rent
- Rent Per SQFT
- $2,500
- $1.05
PROPERTY LISTING DETAILS
Arizona Gold Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6206897
Last Updated: 03/13/2021
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.
