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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $228.95
- 7 Days on Market
- MLS # : 6165501
- Updated Date : 12/28/2020 at 09:54
CONSTRUCTION
- Beds : 4
- Floor Size : 4,193 sqft
- Baths : 3 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Spectacular Mediterranean/Tuscan-style ONE owner custom home! Prime inside- corner lot with TWO 10' RV gates. This updated immaculate well-maintained home was built to the highest standards! High-quality construction, high-end finishes and open floor plan with HUGE bedrooms makes this beautiful home one-of-a-kind! Gourmet Kitchen has Island w/ Prep Sink, Jenn-Air Pro Style Appliances that includes Dual Ovens, Gas Cooktop, 48'' Built-in Refrig, Venetian Plaster Hood, Custom Tile Backsplash, High-End Custom Distressed Alder Cabinets. Travertine and Acacia hardwood floors, coffered ceilings w/ light wells, BONUS 450 s.f. climate-controlled attic storage & craft room. All new front & rear landscaping! This truly is a must see!
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PRICE & RENT TRENDS
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,500 |
| EXPENSES | Loan Payment | -$3,542 |
| Property Tax | -$684 | |
| Property Insurance | -$109 | |
| HOA | -$108 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,041
|
||
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.
$960,000
PROJECTED PRICE
$3,500
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$260,150
LOAN DETAILS
$3,542
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $240,000 |
| Loan Amount | $720,000 |
0.67
YEARS SAVED
$2,579
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
-
$3,239
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
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2222 E Tonto Place Chandler, AZ 1
- 4 beds 4 baths ∙ 4,193 Sqft ∙ Built 2005 4 beds 4 baths ∙ 4,193 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $0
- $0.00
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4201 S Newport Street Chandler, AZ 2
- 5 beds 4 baths ∙ 4,113 Sqft ∙ Built 2007 5 beds 4 baths ∙ 4,113 Sqft ∙ Built 2007
LEASED 08/08/20- Rent
- Rent Per SQFT
- $3,100
- $0.75
-
1390 E Yellowstone Place Chandler, AZ 3
- 5 beds 4 baths ∙ 3,851 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,851 Sqft ∙ Built 2006
LEASED 07/01/19- Rent
- Rent Per SQFT
- $3,200
- $0.83
-
2734 E Grand Canyon Drive Chandler, AZ 4
- 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005
LEASED 06/01/20- Rent
- Rent Per SQFT
- $3,350
- $0.75
-
1370 E San Carlos Way Chandler, AZ 5
- 5 beds 4 baths ∙ 4,461 Sqft ∙ Built 1999 5 beds 4 baths ∙ 4,461 Sqft ∙ Built 1999
LEASED 09/07/19- Rent
- Rent Per SQFT
- $3,400
- $0.76
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165501
Last Updated: 12/28/2020
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.
