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3172 W Thude Drive Chandler, AZ 85226

4 Beds 2 Baths 2,079 sqft Built 1990

$445,000

List Price

$1,890

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $214.05
  • 3 Days on Market
  • MLS # : 6170466
  • Updated Date : 12/11/2020 at 15:51
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,079 sqft
  • Baths : 2 full
Listing Agent

Opendoor Brokerage, Llc

Listing Agent's Description

This Chandler one-story home offers granite countertops, and a two-car garage. This home is vacant and cleaned regularly.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10392090

* 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
Kyrene Del Cielo School Primary Regular 786 41 9
Kyrene Aprende Middle School Middle Regular 1,040 56 9
Corona Del Sol High School High Regular 2,781 114 7

Kyrene Del Cielo School

  • Education Level: Primary
  • # of students: 786
  • # of teachers: 41
9
GreatSchools Rating

Kyrene Aprende Middle School

  • Education Level: Middle
  • # of students: 1,040
  • # of teachers: 56
9
GreatSchools Rating

Corona Del Sol High School

  • Education Level: High
  • # of students: 2,781
  • # of teachers: 114
7
GreatSchools Rating
 

$400,500$489,500$445,000

PURCHASE PRICE

$1,701$2,079$1,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,890
EXPENSES Loan Payment -$1,642
Property Tax -$277
Property Insurance -$68
HOA -$53
Property Management Fees -$99
CASH FLOW
-$248

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.

$445,000

PROJECTED PRICE

$1,890

PROJECTED RENT

0.42%

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

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$123,675

INVESTMENT

$123,675

Down Payment
$111,250
Rehab Estimate
$5,750
Closing Costs
$6,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,642

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $111,250
Loan Amount $333,750
See What Happens When You Reinvest Cash Flow

2.58

YEARS SAVED

$10,972

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,890

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,980

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,890
1$1,8902$1,9003$1,9504$2,0505$2,095
$2,095
RENT COMPS ANALYSIS
  • 3172 W Thude Drive Chandler, AZ 1
    • 4 beds 2 baths ∙ 2,079 Sqft ∙ Built 1990 4 beds 2 baths ∙ 2,079 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $1,890
    • $0.91
    •  
  • 1179 N Madrid Lane Chandler, AZ 2
    • 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1988
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.99
    •  
  • 1171 N Tercera Court Chandler, AZ 3
    • 3 beds 3 baths ∙ 2,062 Sqft ∙ Built 1993 3 beds 3 baths ∙ 2,062 Sqft ∙ Built 1993
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.95
    •  
  • 902 N Sicily Drive Chandler, AZ 4
    • 3 beds 2 baths ∙ 2,151 Sqft ∙ Built 1995 3 beds 2 baths ∙ 2,151 Sqft ∙ Built 1995
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.95
    •  
  • 1250 N Firehouse Court Chandler, AZ 5
    • 4 beds 3 baths ∙ 2,267 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,267 Sqft ∙ Built 1994
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.92
    •  
PROPERTY LISTING DETAILS
Lisa Soltesz
Opendoor Brokerage, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170466
Last Updated: 12/11/2020
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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