Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

336 N Delaware Street Chandler, AZ 85225

3 Beds 1 Baths 1,104 sqft Built 1942

$250,000

List Price

$1,170

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1942
  • Price/Sqft : $226.45
  • 4 Days on Market
  • MLS # : 6178234
  • Updated Date : 01/08/2021 at 20:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,104 sqft
  • Baths : 1 full
Listing Agent

Homesmart

PRICE & RENT TRENDS

Neighborhood: Armstrong

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260k280k300k320kPrice in $75k320k

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

Neighborhood: Armstrong

NeighborhoodNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400150016001700Rent in $7311780

* 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
Galveston Elementary School Primary Regular 699 47 3
Willis Junior High School Middle Regular 947 51 6
Chandler High School High Regular 3,176 153 5

Galveston Elementary School

  • Education Level: Primary
  • # of students: 699
  • # of teachers: 47
3
GreatSchools Rating

Willis Junior High School

  • Education Level: Middle
  • # of students: 947
  • # of teachers: 51
6
GreatSchools Rating

Chandler High School

  • Education Level: High
  • # of students: 3,176
  • # of teachers: 153
5
GreatSchools Rating
 

$225,000$275,000$250,000

PURCHASE PRICE

$1,053$1,287$1,170

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,170
EXPENSES Loan Payment -$868
Property Tax -$146
Property Insurance -$49
Property Management Fees -$99
CASH FLOW
$8

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.

$250,000

PROJECTED PRICE

$1,170

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$15,626

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
  • $1,159

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3503$1,499
$1,499
RENT COMPS ANALYSIS
  • 336 N Delaware Street Chandler, AZ 1
    • 3 beds 1 baths ∙ 1,104 Sqft ∙ Built 1942 3 beds 1 baths ∙ 1,104 Sqft ∙ Built 1942
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 441 N Sunset Drive Chandler, AZ 2
    • 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1956
    LEASED 09/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.97
    •  
  • 667 W Ivanhoe Street Chandler, AZ 3
    • 3 beds 2 baths ∙ 1,326 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,326 Sqft ∙ Built 1960
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $1.13
    •  
PROPERTY LISTING DETAILS
Fabiola Aboyte
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178234
Last Updated: 01/08/2021
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.

BESbswy