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330 W Hackberry Drive Chandler, AZ 85248

5 Beds 3 Baths 3,700 sqft Built 2007

$629,000

List Price

$2,660

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $170.00
  • 5 Days on Market
  • MLS # : 6166623
  • Updated Date : 12/05/2020 at 14:28
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,700 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty Sonoran Living

Listing Agent's Description

Beautiful granite oversized kitchen island, GE profile stainless steel appliance, 5 burner GAS cooktop, plumbed for electric or gas. In-wall oven & microwave. Walk-in Pantry. The refrigerator is in-wall Double door stainless steel KitchenAide. Two sets of oversized French doors to the huge covered patio that runs across the whole back of the house. wired for surround sound & security. Grand entryway, formal dining room, 2 GOODMAN AC units, serviced regularly. Huge master w/ a seating area. Separate soak tub & walk-in shower. Dual vanities, custom paint in the bedrooms, 9ft ceilings 8 ft doors, MASSIVE LAUNDRY ROOM UPSTAIRS! Woodgrain laminate flooring. In-floor outlets in the loft. Huge loft w/ the ability to have another bedroom! grand lot pomegranate & citrus trees!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k377k

* 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
Basha Elementary School Primary Regular 758 42 8
Basha Elementary School Middle Regular 758 42 8
Hamilton High School High Regular 3,740 190 8

Basha Elementary School

  • Education Level: Primary
  • # of students: 758
  • # of teachers: 42
8
GreatSchools Rating

Basha Elementary School

  • Education Level: Middle
  • # of students: 758
  • # of teachers: 42
8
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$566,100$691,900$629,000

PURCHASE PRICE

$2,394$2,926$2,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,660
EXPENSES Loan Payment -$2,321
Property Tax -$366
Property Insurance -$99
HOA -$20
Property Management Fees -$99
CASH FLOW
-$245

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.

$629,000

PROJECTED PRICE

$2,660

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$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$172,435

INVESTMENT

$172,435

Down Payment
$157,250
Rehab Estimate
$5,750
Closing Costs
$9,435

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,321

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $157,250
Loan Amount $471,750
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$22,931

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
  • $2,951

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,5003$2,9754$2,9755$2,995
$2,995
RENT COMPS ANALYSIS
  • 330 W Hackberry Drive Chandler, AZ 1
    • 5 beds 3 baths ∙ 3,700 Sqft ∙ Built 2007 5 beds 3 baths ∙ 3,700 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 384 W Jade Court Chandler, AZ 2
    • 6 beds 3 baths ∙ 3,466 Sqft ∙ Built 2000 6 beds 3 baths ∙ 3,466 Sqft ∙ Built 2000
    LEASED 10/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.72
    •  
  • 3810 S Thistle Drive Chandler, AZ 3
    • 5 beds 4 baths ∙ 3,458 Sqft ∙ Built 1996 5 beds 4 baths ∙ 3,458 Sqft ∙ Built 1996
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $0.86
    •  
  • 3281 S Sunland Drive Chandler, AZ 4
    • 5 beds 3 baths ∙ 3,701 Sqft ∙ Built 2007 5 beds 3 baths ∙ 3,701 Sqft ∙ Built 2007
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $0.80
    •  
  • 688 W Coconino Place Chandler, AZ 5
    • 4 beds 4 baths ∙ 3,702 Sqft ∙ Built 2011 4 beds 4 baths ∙ 3,702 Sqft ∙ Built 2011
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $0.81
    •  
PROPERTY LISTING DETAILS
Lisa Wunder
Keller Williams Realty Sonoran Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6166623
Last Updated: 12/05/2020
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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