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2933 S Buckskin Way Chandler, AZ 85286

4 Beds 3 Baths 2,298 sqft Built 2004

$460,000

List Price

$2,450

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

February 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $200.17
  • 3 Days on Market
  • MLS # : 6193227
  • Updated Date : 02/12/2021 at 23:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,298 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty East Valley

Listing Agent's Description

WOW!! COME SEE THIS RARE AND HARD TO FIND PROPERTY BEFORE IT'S GONE! This hard to find Gem has a PREMIUM LOT backing the canal with no houses behind you for endless views and wonderful privacy! It is also an over 9,000 SF lot size to enjoy space between homes and for the backyard enjoyment. Enjoy Going for a jog or bike ride right behind your home on the canal trail, while also enjoying the view of Layton Lakes right behind the canal! This Home is also very nicely upgraded and one of the most pristine and well taken care of homes you will see in your house search! Step inside to soaring ceiling heights, upgraded tile flooring, Living/Dining, plus large great room to entertain, and a chef's kitchen with lots of storage. Upgraded Maple cabinetry, granite countertops, and island with

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paseo Trail

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k359k

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

Neighborhood: Paseo Trail

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
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
 

$414,000$506,000$460,000

PURCHASE PRICE

$2,205$2,695$2,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,450
EXPENSES Loan Payment -$1,598
Property Tax -$328
Property Insurance -$72
HOA -$64
Property Management Fees -$99
CASH FLOW
$290

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.

$460,000

PROJECTED PRICE

$2,450

PROJECTED RENT

0.53%

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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k

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$127,650

INVESTMENT

$127,650

Down Payment
$115,000
Rehab Estimate
$5,750
Closing Costs
$6,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,598

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $115,000
Loan Amount $345,000
See What Happens When You Reinvest Cash Flow

8.5

YEARS SAVED

$52,403

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,450

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $2,430

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$2,195
1$2,1952$2,4503$2,4954$2,4955$2,650
$2,650
RENT COMPS ANALYSIS
  • 2933 S Buckskin Way Chandler, AZ 2
    • 4 beds 3 baths ∙ 2,298 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,298 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $1.07
    •  
  • 3304 E Hawk Place Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,299 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,299 Sqft ∙ Built 2004
    property image
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.95
    •  
  • 3312 E Roadrunner Drive Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,298 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,298 Sqft ∙ Built 2004
    property image
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.09
    •  
  • 3367 E Bluejay Drive Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,298 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,298 Sqft ∙ Built 2003
    property image
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.09
    •  
  • 3515 E Lantana Drive Chandler, AZ 5
    • 3 beds 2 baths ∙ 2,400 Sqft ∙ Built 2017 3 beds 2 baths ∙ 2,400 Sqft ∙ Built 2017
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.10
    •  
PROPERTY LISTING DETAILS
Josh Randall
Keller Williams Realty East Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193227
Last Updated: 02/12/2021
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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