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2143 W Hawken Way Chandler, AZ 85286

4 Beds 3 Baths 2,718 sqft Built 2001

$590,000

List Price

$2,440

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $217.07
  • 2 Days on Market
  • MLS # : 6209880
  • Updated Date : 03/20/2021 at 04:45
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,718 sqft
  • Baths : 3 full
Listing Agent

Homesmart

Listing Agent's Description

Beautiful home in established well-maintained gated community. Open floor plan with formal living and dining areas, family room open to large kitchen, 4 bedrooms including split master, and 3 bathrooms. Large laundry room and 2 pantries. Tile flooring in all the right places. Samsung appliances purchased in March of 2021. Lamp Plus ceiling fans purchased March 2021. A spacious backyard with grassy area and private pool. 1-car and 2 car garages.

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
Bogle Junior High School Middle Regular 1,225 56 8
Hamilton High School High Regular 3,740 190 8

Bogle Junior High School

  • Education Level: Middle
  • # of students: 1,225
  • # of teachers: 56
8
GreatSchools Rating

Hamilton High School

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

$531,000$649,000$590,000

PURCHASE PRICE

$2,196$2,684$2,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,440
EXPENSES Loan Payment -$2,049
Property Tax -$344
Property Insurance -$80
HOA -$45
Property Management Fees -$99
CASH FLOW
-$177

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.

$590,000

PROJECTED PRICE

$2,440

PROJECTED RENT

0.41%

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

PROJECTED ANNUAL CASH FLOW

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

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$162,100

INVESTMENT

$162,100

Down Payment
$147,500
Rehab Estimate
$5,750
Closing Costs
$8,850

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,049

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $147,500
Loan Amount $442,500
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$19,874

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
  • $2,535

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4853$2,5004$2,5505$2,650
$2,650
RENT COMPS ANALYSIS
  • 2143 W Hawken Way Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,718 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,718 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1715 W Morelos Street Chandler, AZ 2
    • 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1997
    property image
    LEASED 07/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,485
    • $0.93
    •  
  • 1444 W Spruce Drive Chandler, AZ 3
    • 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1999 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1999
    property image
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.98
    •  
  • 2131 W Mulberry Drive Chandler, AZ 4
    • 3 beds 3 baths ∙ 2,949 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,949 Sqft ∙ Built 1999
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.86
    •  
  • 1822 S Brentwood Place Chandler, AZ 5
    • 4 beds 3 baths ∙ 2,747 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,747 Sqft ∙ Built 1999
    property image
    LEASED 02/27/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $0.96
    •  
PROPERTY LISTING DETAILS
Lisa R Miller
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209880
Last Updated: 03/20/2021
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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