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3201 W Genoa Way Chandler, AZ 85226

5 Beds 3 Baths 2,811 sqft Built 1994

$559,700

List Price

$2,180

$2K - $2.4K

Rent Est.

PROPERTY INFO

February 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $199.11
  • 6 Days on Market
  • MLS # : 6191629
  • Updated Date : 02/10/2021 at 22:13
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,811 sqft
  • Baths : 3 full
Listing Agent

Fathom Realty

Listing Agent's Description

Come check out this Chandler home with a pool! Inviting interior offers a large living area, plantation shutters, carpet in all the right places, freshly painted throughout. Continue to the family room where you can find a fireplace perfect for cozy nights. The efficient kitchen boasts ample cabinetry, granite countertops, recessed lighting, a walk-in pantry, and essential appliances. The master bedroom features a charming sitting area and a lavish bathroom with a separate tub, step-in shower, his/her vanity sink, a private toilet room, and a walk-in closet with a mirror sliding door. Out the back, you can find a covered patio and sparkling pool perfect to enjoy private gatherings. Hot location!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: D'arcy Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k378k

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

Neighborhood: D'arcy Ranch

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
Kyrene Traditional Academy - Sure����o Campus Primary Regular 504 25 8
Kyrene Aprende Middle School Middle Regular 1,040 56 9
Corona Del Sol High School High Regular 2,781 114 7

Kyrene Traditional Academy - Sure����o Campus

  • Education Level: Primary
  • # of students: 504
  • # of teachers: 25
8
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
 

$503,730$615,670$559,700

PURCHASE PRICE

$1,962$2,398$2,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,180
EXPENSES Loan Payment -$1,944
Property Tax -$348
Property Insurance -$82
HOA -$10
Property Management Fees -$99
CASH FLOW
-$303

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.

$559,700

PROJECTED PRICE

$2,180

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.5%
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

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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$154,071

INVESTMENT

$154,071

Down Payment
$139,925
Rehab Estimate
$5,750
Closing Costs
$8,396

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,944

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $139,925
Loan Amount $419,775
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$10,993

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $2,361

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1953$2,4004$2,4005$2,650
$2,650
RENT COMPS ANALYSIS
  • 3201 W Genoa Way Chandler, AZ 1
    • 5 beds 3 baths ∙ 2,811 Sqft ∙ Built 1994 5 beds 3 baths ∙ 2,811 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2143 W Dublin Lane Chandler, AZ 2
    • 4 beds 3 baths ∙ 2,692 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,692 Sqft ∙ Built 1995
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.82
    •  
  • 2331 W Toledo Place Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,910 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,910 Sqft ∙ Built 1997
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.82
    •  
  • 481 N Cordoba Place Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,973 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,973 Sqft ∙ Built 1996
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.81
    •  
  • 9347 S Hazelton Lane Tempe, AZ 5
    • 4 beds 3 baths ∙ 2,917 Sqft ∙ Built 1983 4 beds 3 baths ∙ 2,917 Sqft ∙ Built 1983
    LEASED 01/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $0.91
    •  
PROPERTY LISTING DETAILS
David Barney
Fathom Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6191629
Last Updated: 02/10/2021
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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