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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $182.67
- 2 Days on Market
- MLS # : 6196929
- Updated Date : 02/20/2021 at 19:22
CONSTRUCTION
- Beds : 4
- Floor Size : 3,312 sqft
- Baths : 2 full , 1 half
Listing Agent
United Brokers Group
Listing Agent's Description
Chandler semi-custom home in private gated neighborhood with incredible backyard for all to enjoy! As you enter the home, the tall 10 ft ceilings and oversized windows provide an amazing view of the 12,000+ sf yard with resort style pool and dual covered patios. The open style kitchen features 42'' cabinets, granite counters, island and breakfast bar. Ideal open floorplan with 4 full bedrooms, 2.5 bathrooms, walk in closets throughout, custom french doors to the backyard, plantation shutters and wood floors. Don't miss all of the storage in this home - walk in closets in 3 of the bedrooms, extra large hallway linen closet, oversized laundry room with cabinets and a 3 foot garage extension with built in cabinets. This special home really has it all - come see it soon!
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PRICE & RENT TRENDS
Neighborhood: Barrington
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Barrington
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,770 |
| EXPENSES | Loan Payment | -$2,101 |
| Property Tax | -$431 | |
| Property Insurance | -$92 | |
| HOA | -$112 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$65
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.
$605,000
PROJECTED PRICE
$2,770
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.36% |
| Appreciation Year (1-5) | 4.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.72% |
| 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
$166,075
LOAN DETAILS
$2,101
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $151,250 |
| Loan Amount | $453,750 |
4.33
YEARS SAVED
$25,744
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,848
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
2190 E Virgo Place Chandler, AZ 1
- 4 beds 3 baths ∙ 3,312 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,312 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1547 E Aquarius Place Chandler, AZ 2
- 4 beds 4 baths ∙ 3,401 Sqft ∙ Built 2014 4 beds 4 baths ∙ 3,401 Sqft ∙ Built 2014
LEASED 12/13/19- Rent
- Rent Per SQFT
- $2,400
- $0.71
-
2146 E San Carlos Place Chandler, AZ 3
- 4 beds 3 baths ∙ 3,263 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,263 Sqft ∙ Built 2001
LEASED 01/17/20- Rent
- Rent Per SQFT
- $2,595
- $0.80
-
1520 E Sagittarius Place Chandler, AZ 4
- 3 beds 4 baths ∙ 3,401 Sqft ∙ Built 2014 3 beds 4 baths ∙ 3,401 Sqft ∙ Built 2014
LEASED 02/10/20- Rent
- Rent Per SQFT
- $3,000
- $0.88
-
1370 E Scorpio Place Chandler, AZ 5
- 4 beds 4 baths ∙ 3,151 Sqft ∙ Built 2020 4 beds 4 baths ∙ 3,151 Sqft ∙ Built 2020
LEASED 02/01/21- Rent
- Rent Per SQFT
- $3,300
- $1.05
PROPERTY LISTING DETAILS
United Brokers Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196929
Last Updated: 02/20/2021
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.
