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2030 E Geronimo Street Chandler, AZ 85225

4 Beds 3 Baths 2,410 sqft Built 2016

$585,000

List Price

$2,210

$2K - $2.4K

Rent Est.

PROPERTY INFO

December 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $242.74
  • 7 Days on Market
  • MLS # : 6174906
  • Updated Date : 12/31/2020 at 16:11
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,410 sqft
  • Baths : 3 full
Listing Agent

Kd Realty, Llc

Listing Agent's Description

Immaculate home in beautiful Chandler gated community, La Valenciana. Highly upgraded single level on corner lot across from a green belt. Gated courtyard with rotunda entry. Great room plan with neutral interior paint, tile-wood flooring, and plantation shutters. Kitchen boasts oversized island with granite tops and lots of cabinets for storage. SS appliances, double oven, electric cooktop, and walk-in pantry. Side courtyard with pavers, double slider at family room wall for outdoor/indoor living. Master suite hosts grand ensuite with separate vanities with granite, free standing tub and over sized tiled shower with rain shower enclosure. Large master closet. Split floor plan. Jack and Jill bath with front two bedrooms. Low maintenance turf and pavered back yard.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Kempton Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k365k

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

Neighborhood: Kempton Crossing

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
Chandler Traditional Academy - Humphrey Campus Primary Regular 511 33 5
Willis Junior High School Middle Regular 947 51 6
Perry High School High Regular 3,194 142 7

Chandler Traditional Academy - Humphrey Campus

  • Education Level: Primary
  • # of students: 511
  • # of teachers: 33
5
GreatSchools Rating

Willis Junior High School

  • Education Level: Middle
  • # of students: 947
  • # of teachers: 51
6
GreatSchools Rating

Perry High School

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

$526,500$643,500$585,000

PURCHASE PRICE

$1,989$2,431$2,210

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,210
EXPENSES Loan Payment -$2,158
Property Tax -$349
Property Insurance -$74
HOA -$138
Property Management Fees -$99
CASH FLOW
-$609

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.

$585,000

PROJECTED PRICE

$2,210

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.1%
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$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$160,775

INVESTMENT

$160,775

Down Payment
$146,250
Rehab Estimate
$5,750
Closing Costs
$8,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,158

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $146,250
Loan Amount $438,750
See What Happens When You Reinvest Cash Flow

0.75

YEARS SAVED

$2,141

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
  • $2,157

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9003$2,2004$2,2505$2,295
$2,295
RENT COMPS ANALYSIS
  • 2030 E Geronimo Street Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2482 E Kesler Lane Chandler, AZ 2
    • 3 beds 2 baths ∙ 2,288 Sqft ∙ Built 2000 3 beds 2 baths ∙ 2,288 Sqft ∙ Built 2000
    property image
    LEASED 08/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.83
    •  
  • 1813 E Flintlock Way Chandler, AZ 3
    • 3 beds 2 baths ∙ 2,563 Sqft ∙ Built 2000 3 beds 2 baths ∙ 2,563 Sqft ∙ Built 2000
    property image
    LEASED 05/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.86
    •  
  • 1404 E Whitten Place Chandler, AZ 4
    • 5 beds 3 baths ∙ 2,544 Sqft ∙ Built 2001 5 beds 3 baths ∙ 2,544 Sqft ∙ Built 2001
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.88
    •  
  • 2092 E Folley Street Chandler, AZ 5
    • 3 beds 2 baths ∙ 2,279 Sqft ∙ Built 1999 3 beds 2 baths ∙ 2,279 Sqft ∙ Built 1999
    property image
    LEASED 10/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $1.01
    •  
PROPERTY LISTING DETAILS
Kimberly Dempsey
Kd Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174906
Last Updated: 12/31/2020
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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