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3349 S Pleasant Place Chandler, AZ 85248

4 Beds 3 Baths 3,176 sqft Built 1999

$799,900

List Price

$2,980

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $251.86
  • 4 Days on Market
  • MLS # : 6177723
  • Updated Date : 01/14/2021 at 05:02
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,176 sqft
  • Baths : 2 full , 1 half
Listing Agent

Hague Partners

Listing Agent's Description

72Hour Home Sale. Inquire now! Fantastic 4bed/2.5bath waterfront Chandler home tucked into highly desirable Ocotillo. Beautiful inside and out, this gem features great curb appeal leading into the spacious fluid floor plan with dramatic soaring ceilings and high windows for an abundance of natural light throughout. Kitchen will delight any chef with granite counter tops, stainless steel appliances, double wall ovens, gas cooktop and a center island. Upstairs you will find a large loft, full of possibilities. Master retreat includes luxurious en suite with dual vanities, soaking tub and glass framed shower. Amazing backyard entertaining space is complete with a covered patio, a sparkling pool and jaw dropping lake views. Contact CLA for showing instructions!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Octotillo

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k459k

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

Neighborhood: The Octotillo

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452356

* 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
 

$719,910$879,890$799,900

PURCHASE PRICE

$2,682$3,278$2,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,980
EXPENSES Loan Payment -$2,778
Property Tax -$466
Property Insurance -$89
HOA -$60
Property Management Fees -$99
CASH FLOW
-$512

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.

$799,900

PROJECTED PRICE

$2,980

PROJECTED RENT

0.37%

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$217,724

INVESTMENT

$217,724

Down Payment
$199,975
Rehab Estimate
$5,750
Closing Costs
$11,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,778

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $199,975
Loan Amount $599,925
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$11,290

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
  • $3,009

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7003$2,9994$3,0005$3,000
$3,000
RENT COMPS ANALYSIS
  • 3349 S Pleasant Place Chandler, AZ 1
    • 4 beds 3 baths ∙ 3,176 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,176 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 823 W Aster Drive Chandler, AZ 2
    • 5 beds 3 baths ∙ 3,076 Sqft ∙ Built 1998 5 beds 3 baths ∙ 3,076 Sqft ∙ Built 1998
    property image
    LEASED 10/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.88
    •  
  • 543 W Canary Way Chandler, AZ 3
    • 5 beds 3 baths ∙ 3,024 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,024 Sqft ∙ Built 2001
    property image
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,999
    • $0.99
    •  
  • 643 W Honeysuckle Drive Chandler, AZ 4
    • 4 beds 3 baths ∙ 3,128 Sqft ∙ Built 1997 4 beds 3 baths ∙ 3,128 Sqft ∙ Built 1997
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.96
    •  
  • 3281 S Vine Street Chandler, AZ 5
    • 4 beds 3 baths ∙ 3,128 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,128 Sqft ∙ Built 1998
    property image
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.96
    •  
PROPERTY LISTING DETAILS
David Newman
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6177723
Last Updated: 01/14/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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