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272 N Danielson Way Chandler, AZ 85225

4 Beds 3 Baths 2,597 sqft Built 1998

$465,000

List Price

$1,920

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $179.05
  • 3 Days on Market
  • MLS # : 6159735
  • Updated Date : 11/13/2020 at 12:13
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,597 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

BEAUTIFUL 4 bed 2.5 bath home in desirable Dobson Place! Outstanding floor plan with formal living room that flows to the kitchen & family room. Upgraded kitchen boasts tons of cabinet space, NEW Samsung black SS appliances including GAS stove, pantry, granite counters, and HUGE island with breakfast bar. Kitchen overlooks the dining space with bay window & family room with cozy fireplace. RARE downstairs master retreat with bay window, large walk-in closet, dual vanity, separate shower & soaking tub. Upstairs you'll find generously sized secondary bedrooms & full guest bath. Bathrooms feature upgraded plumbing fixtures & beautiful tile floors. Enjoy fresh neutral paint, tons of storage space, and high ceilings t/o. Private backyard oasis with extended covered patio, fenced pebbletec pool

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Dobson Place

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k366k

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

Neighborhood: Dobson Place

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 - Liberty Campus Primary Regular 709 35 10
Chandler Traditional Academy - Liberty Campus Middle Regular 709 35 10
Perry High School High Regular 3,194 142 7

Chandler Traditional Academy - Liberty Campus

  • Education Level: Primary
  • # of students: 709
  • # of teachers: 35
10
GreatSchools Rating

Chandler Traditional Academy - Liberty Campus

  • Education Level: Middle
  • # of students: 709
  • # of teachers: 35
10
GreatSchools Rating

Perry High School

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

$418,500$511,500$465,000

PURCHASE PRICE

$1,728$2,112$1,920

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,920
EXPENSES Loan Payment -$1,716
Property Tax -$271
Property Insurance -$78
HOA -$15
Property Management Fees -$99
CASH FLOW
-$259

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.

$465,000

PROJECTED PRICE

$1,920

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.3%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

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$128,975

INVESTMENT

$128,975

Down Payment
$116,250
Rehab Estimate
$5,750
Closing Costs
$6,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,716

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $116,250
Loan Amount $348,750
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$11,969

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,920

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,980

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,8953$1,9204$1,9755$2,000
$2,000
RENT COMPS ANALYSIS
  • 272 N Danielson Way Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,597 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,597 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,920
    • $0.74
    •  
  • 2065 E Hulet Place Chandler, AZ 1
    • 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2003
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.72
    •  
  • 2094 E Oakland Street Chandler, AZ 2
    • 4 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004
    property image
    LEASED 06/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.74
    •  
  • 2903 E Detroit Street Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,575 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,575 Sqft ∙ Built 2016
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,975
    • $0.77
    •  
  • 310 N Eucalyptus Place Chandler, AZ 5
    • 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2001
    property image
    LEASED 09/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.82
    •  
PROPERTY LISTING DETAILS
Kyle J. N. Bates
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159735
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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