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2033 E Coconino Place Chandler, AZ 85249

4 Beds 4 Baths 3,231 sqft Built 2013

$750,000

List Price

$2,710

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $232.13
  • 5 Days on Market
  • MLS # : 6158968
  • Updated Date : 11/13/2020 at 12:48
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,231 sqft
  • Baths : 3 full , 1 half
Listing Agent

Exp Realty

Listing Agent's Description

Beautiful curb appeal for this gorgeous 4 bed, 3.5 bath home located in the Vina Solana gated community. Beautiful landscaping in front & backyards. RV gates and 3 car garage. Inviting front patio. Rotunda foyer has gorgeous stacked stone walls that continue into the formal living room. Stunning tile floors, crown molding and formal dining. Spacious open floor plan for the kitchen, dining and family room is the perfect entertaining space! The amazing kitchen as a plethora of custom espresso cabinets. gorgeous granite counters, glass & tile backsplash, large island with breakfast bar seating, high end SS appliances and a walk-in pantry. Powder room off the main living area. Generous sized bedrooms. The master has a private entrance, full bath, and large walk-in closet.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Vina Solana

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k776k

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

Neighborhood: Vina Solana

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800300032003400Rent in $10453462

* 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
Carlson Elementary School Primary Unknown 726 39 NA
Santan Junior High School Middle Regular 1,291 60 9
Perry High School High Regular 3,194 142 7

Carlson Elementary School

  • Education Level: Primary
  • # of students: 726
  • # of teachers: 39
NA
GreatSchools Rating

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
 

$675,000$825,000$750,000

PURCHASE PRICE

$2,439$2,981$2,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,710
EXPENSES Loan Payment -$2,767
Property Tax -$534
Property Insurance -$90
HOA -$161
Property Management Fees -$99
CASH FLOW
-$941

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.

$750,000

PROJECTED PRICE

$2,710

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.2%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,500

INVESTMENT

$204,500

Down Payment
$187,500
Rehab Estimate
$5,750
Closing Costs
$11,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,767

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $187,500
Loan Amount $562,500
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$479

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,710

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,714

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$2,395
1$2,3952$2,5953$2,6954$2,7105$3,000
$3,000
RENT COMPS ANALYSIS
  • 2033 E Coconino Place Chandler, AZ 4
    • 4 beds 4 baths ∙ 3,231 Sqft ∙ Built 2013 4 beds 4 baths ∙ 3,231 Sqft ∙ Built 2013
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,710
    • $0.84
    •  
  • 1836 E Bartlett Place Chandler, AZ 1
    • 5 beds 3 baths ∙ 3,119 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,119 Sqft ∙ Built 2002
    property image
    LEASED 12/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.77
    •  
  • 2146 E San Carlos Place Chandler, AZ 2
    • 4 beds 3 baths ∙ 3,263 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,263 Sqft ∙ Built 2001
    property image
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $0.80
    •  
  • 2246 E Crescent Place Chandler, AZ 3
    • 4 beds 3 baths ∙ 3,263 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,263 Sqft ∙ Built 2003
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,695
    • $0.83
    •  
  • 2143 E Canyon Place Chandler, AZ 5
    • 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2004
    property image
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.96
    •  
PROPERTY LISTING DETAILS
Daniel Digangi
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6158968
Last Updated: 11/13/2020
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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