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2521 S Dragoon Drive Chandler, AZ 85286

4 Beds 4 Baths 2,906 sqft Built 2003

$630,000

List Price

$2,520

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $216.79
  • 1 Days on Market
  • MLS # : 6263669
  • Updated Date : 07/13/2021 at 17:37
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,906 sqft
  • Baths : 3 full , 1 half
Listing Agent

Hague Partners

Listing Agent's Description

72 Hour sale! Inquire today. You're going to feel like royalty living in this beautiful palace. This spacious gem offers 2,906 square feet of living space. It sits on over a 1/4 acre lot with a private landscaped backyard, two lawns that are separated by a 1,000 sqft. of cool deck, and a sparkling pool to keep cool in the summer! You don't have to worry about parking with a 3-car garage that is complete with built-in cabinets for extra storage, extended driveway and an RV gate. You'll have room for all your cars and low-profile toys. The home is the perfect layout. The floorplan is split, and on the bottom level is a formal living room, great room, kitchen, laundry room, half bath, and the sizable master suite. The master bathroom is complete with dual sinks, an extra-long vanity, a walk-in

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paseo Trail North

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k474k

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

Neighborhood: Paseo Trail North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452303

* 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
Santan Junior High School Middle Regular 1,291 60 9
Perry High School High Regular 3,194 142 7
Perry High School High Unknown NA

Santan Junior High School

  • Education Level: Middle
  • # of students: 1,291
  • # of teachers: 60
9
GreatSchools Rating

Perry High School

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

Perry High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$567,000$693,000$630,000

PURCHASE PRICE

$2,268$2,772$2,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,520
EXPENSES Loan Payment -$2,188
Property Tax -$449
Property Insurance -$84
HOA -$23
Property Management Fees -$99
CASH FLOW
-$322

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.

$630,000

PROJECTED PRICE

$2,520

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$172,700

INVESTMENT

$172,700

Down Payment
$157,500
Rehab Estimate
$5,750
Closing Costs
$9,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,188

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $157,500
Loan Amount $472,500
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$12,730

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,520

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $2,790

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$2,250
1$2,2502$2,5203$2,6504$2,7955$3,350
$3,350
RENT COMPS ANALYSIS
  • 2521 S Dragoon Drive Chandler, AZ 2
    • 4 beds 4 baths ∙ 2,906 Sqft ∙ Built 2003 4 beds 4 baths ∙ 2,906 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $2,520
    • $0.87
    •  
  • 3454 E Sparrow Place Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2003
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.84
    •  
  • 2544 S Four Peaks Way Chandler, AZ 3
    • 4 beds 4 baths ∙ 2,874 Sqft ∙ Built 2004 4 beds 4 baths ∙ 2,874 Sqft ∙ Built 2004
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $0.92
    •  
  • 3499 E Desert Broom Drive Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,981 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,981 Sqft ∙ Built 2017
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $0.94
    •  
  • 3292 E Oriole Way Chandler, AZ 5
    • 4 beds 3 baths ∙ 2,939 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,939 Sqft ∙ Built 2003
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.14
    •  
PROPERTY LISTING DETAILS
Alicia Hughes
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6263669
Last Updated: 07/13/2021
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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