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2122 W Hawken Way Chandler, AZ 85286

5 Beds 4 Baths 4,057 sqft Built 2001

$549,000

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $135.32
  • 4 Days on Market
  • MLS # : 6183702
  • Updated Date : 01/22/2021 at 06:18
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,057 sqft
  • Baths : 4 full
Listing Agent

Realty Executives

Listing Agent's Description

Highly upgraded customized home located in Pecos Vista 2 gated community. Desirous floorplan with kitchen and center island opening to spacious family room with gas fireplace. Off kitchen is a butler kitchen entering formal dining room with gorgeous chandelier. Master bedroom is located on main level. Separate shower and tub and a huge walk-in closet with custom built-in shelving and drawers. There is additional bedroom/office downstairs and a separate full bath. Upstairs features four bedrooms, a Jack and Jill bathroom between two and additional separate bath for the other two bedrooms. Bedrooms have walk-in closets. Home is stately with plantation shutters, crown molding and upgraded baseboards, window shelves, and more. $65,895 of improvements -SEE DOCUMENTS. Yard is prof. landscaped

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pecos Vistas

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $122k566k

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

Neighborhood: Pecos Vistas

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10452537

* 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
 

$494,100$603,900$549,000

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$1,907
Property Tax -$328
Property Insurance -$106
HOA -$136
Property Management Fees -$99
CASH FLOW
$224

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.

$549,000

PROJECTED PRICE

$2,800

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.7%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,235

INVESTMENT

$151,235

Down Payment
$137,250
Rehab Estimate
$5,750
Closing Costs
$8,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,907

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $137,250
Loan Amount $411,750
See What Happens When You Reinvest Cash Flow

7.33

YEARS SAVED

$49,857

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
  • $2,941

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6753$2,7504$2,9955$3,100
$3,100
RENT COMPS ANALYSIS
  • 2122 W Hawken Way Chandler, AZ 1
    • 5 beds 4 baths ∙ 4,057 Sqft ∙ Built 2001 5 beds 4 baths ∙ 4,057 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 440 S Emerson Street Chandler, AZ 2
    • 4 beds 4 baths ∙ 3,851 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,851 Sqft ∙ Built 2006
    LEASED 08/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,675
    • $0.69
    •  
  • 1541 S Carriage Lane Chandler, AZ 3
    • 5 beds 4 baths ∙ 4,009 Sqft ∙ Built 2000 5 beds 4 baths ∙ 4,009 Sqft ∙ Built 2000
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.69
    •  
  • 934 W Whitten Street Chandler, AZ 4
    • 4 beds 4 baths ∙ 4,059 Sqft ∙ Built 2006 4 beds 4 baths ∙ 4,059 Sqft ∙ Built 2006
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $0.74
    •  
  • 1650 S Evergreen Street Chandler, AZ 5
    • 5 beds 5 baths ∙ 3,967 Sqft ∙ Built 2013 5 beds 5 baths ∙ 3,967 Sqft ∙ Built 2013
    LEASED 07/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.78
    •  
PROPERTY LISTING DETAILS
Joseph J. Brekan
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183702
Last Updated: 01/22/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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