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2207 W Los Arboles Place Chandler, AZ 85224

3 Beds 2 Baths 1,376 sqft Built 1984

$335,000

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $243.46
  • 3 Days on Market
  • MLS # : 6158512
  • Updated Date : 11/13/2020 at 12:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,376 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty East Valley

Listing Agent's Description

A rare find! Come see this Chandler charmer located near the 101 and 60 freeways. This cozy home has a thoughtfully re-designed, fully updated and upgraded Kitchen. This Kitchen has it all! Travertine tile, floor to ceiling soft close cherry wood cabinets, custom cut granite countertops, under cabinet lighting, stainless steel Kitchen Aid appliances, built in KitchenAid convection microwave, and a built in cutting board. New dual pane energy star windows, new water softener, RO system in Kitchen, Easy to clean engineered hardwood floors throughout with carpet in all three bedrooms. The surround sound speakers in the living room are perfect for entertaining inside the home. Plenty of privacy as this home is surrounded by single story homes. This home is one of a kind!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Orangetree

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $114k358k

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

Neighborhood: Orangetree

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600170018001900Rent in $8931981

* 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
Franklin At Alma Elementary School Primary Regular 280 13 10
Franklin At Alma Elementary School Middle Regular 280 13 10
Dobson High School High Regular 2,639 122 4

Franklin At Alma Elementary School

  • Education Level: Primary
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Franklin At Alma Elementary School

  • Education Level: Middle
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Dobson High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 122
4
GreatSchools Rating
 

$301,500$368,500$335,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$1,236
Property Tax -$189
Property Insurance -$54
Property Management Fees -$99
CASH FLOW
-$168

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.

$335,000

PROJECTED PRICE

$1,410

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 8.3%
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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$94,525

INVESTMENT

$94,525

Down Payment
$83,750
Rehab Estimate
$5,750
Closing Costs
$5,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,236

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $83,750
Loan Amount $251,250
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$10,185

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $1.02

    LIST RENT PER SQFT
  • $1,500

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$1,410
1$1,4102$1,4703$1,5954$1,6005$1,600
$1,600
RENT COMPS ANALYSIS
  • 2207 W Los Arboles Place Chandler, AZ 1
    • 3 beds 2 baths ∙ 1,376 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,376 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $1.02
    •  
  • 2313 W Brooks Street Chandler, AZ 2
    • 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 1983
    LEASED 02/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,470
    • $1.01
    •  
  • 2211 N Bullmoose Drive Chandler, AZ 3
    • 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 1982
    LEASED 11/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.11
    •  
  • 2122 N Apollo Court Chandler, AZ 4
    • 3 beds 2 baths ∙ 1,326 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,326 Sqft ∙ Built 1981
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.21
    •  
  • 2324 W Sagebrush Drive Chandler, AZ 5
    • 3 beds 2 baths ∙ 1,555 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,555 Sqft ∙ Built 1983
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.03
    •  
PROPERTY LISTING DETAILS
Molly M Gorman
Keller Williams Realty East Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6158512
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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