Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

2452 E Kesler Lane Chandler, AZ 85225

3 Beds 2 Baths 1,713 sqft Built 2000

$405,000

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

November 08, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $236.43
  • 8 Days on Market
  • MLS # : 6157903
  • Updated Date : 11/13/2020 at 12:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,713 sqft
  • Baths : 2 full
Listing Agent

Arizona Elite Properties

Listing Agent's Description

This home offers a lot of extra's. Start with over extended drive way with RV parking slab beyond your RV Gate. Easy to care for Desert Landscape front yard, beautifully landscaped back yard with grass, mature fruit trees, Lemon, Orange and Grapefruit. Along with a great shade tree at the center of the back yard. Inside offers granite countertops with an extra deep stainless steel kitchen sink. All white appliances compliment the kitchen along with gas range. You also have Maple Cabinets.Ceiling fans throughout keep you cool and comfortable. Newer paint and carpet throughout add the finishing touches to your new home. You are close to Schools, Shopping and Great Freeway access.Be sure to check out the extra sink in the garage for all of the extra projects to go with your work bench.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Kempton Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k365k

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

Neighborhood: Kempton Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Chandler Traditional Academy - Humphrey Campus Primary Regular 511 33 5
Willis Junior High School Middle Regular 947 51 6
Perry High School High Regular 3,194 142 7

Chandler Traditional Academy - Humphrey Campus

  • Education Level: Primary
  • # of students: 511
  • # of teachers: 33
5
GreatSchools Rating

Willis Junior High School

  • Education Level: Middle
  • # of students: 947
  • # of teachers: 51
6
GreatSchools Rating

Perry High School

  • Education Level: High
  • # of students: 3,194
  • # of teachers: 142
7
GreatSchools Rating
 

$364,500$445,500$405,000

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,494
Property Tax -$236
Property Insurance -$61
HOA -$14
Property Management Fees -$99
CASH FLOW
-$294

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.

$405,000

PROJECTED PRICE

$1,610

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.1%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$113,075

INVESTMENT

$113,075

Down Payment
$101,250
Rehab Estimate
$5,750
Closing Costs
$6,075

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,494

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $101,250
Loan Amount $303,750
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$6,590

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,610

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,636

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,6103$1,6504$1,6955$1,795
$1,795
RENT COMPS ANALYSIS
  • 2452 E Kesler Lane Chandler, AZ 2
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,610
    • $0.94
    •  
  • 2600 E Springfield Place #22 Chandler, AZ 1
    • 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 2004
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.89
    •  
  • 2600 E Springfield Place #14 Chandler, AZ 3
    • 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 2005
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.95
    •  
  • 1185 S Roger Way Chandler, AZ 4
    • 3 beds 3 baths ∙ 1,757 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,757 Sqft ∙ Built 2005
    LEASED 07/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.96
    •  
  • 1219 S Emmett Drive Chandler, AZ 5
    • 4 beds 3 baths ∙ 1,757 Sqft ∙ Built 2004 4 beds 3 baths ∙ 1,757 Sqft ∙ Built 2004
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.02
    •  
PROPERTY LISTING DETAILS
Cliff Bakemeier
Arizona Elite Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157903
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.

BESbswy