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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2010
- Price/Sqft : $237.80
- 1 Days on Market
- MLS # : 6256657
- Updated Date : 07/13/2021 at 18:22
CONSTRUCTION
- Beds : 3
- Floor Size : 2,418 sqft
- Baths : 2 full
Listing Agent
Exp Realty
Listing Agent's Description
This is the one you have been waiting for! Absolutely gorgeous, well-cared for, turn-key 3 bed + office 2 bath single-level home with swimming pool, easy care landscaping front & back in a gated community. With the newest technology in real estate, Buyers can see exactly what the top bid price is to lock in contract AND they're not rushed into it. No more guessing. No early acceptance of offers and missing your chance. Every Buyer gets the same opportunity whether cash or conventional. Completely transparent. Seller even including Home Warranty unlike other homes where Buyers get nothing. Super easy to register. Super easy to submit bid.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Quail Springs
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Quail Springs
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,010 |
| EXPENSES | Loan Payment | -$1,997 |
| Property Tax | -$409 | |
| Property Insurance | -$74 | |
| HOA | -$120 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$690
|
||
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.
$575,000
PROJECTED PRICE
$2,010
PROJECTED RENT
0.35%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$158,125
LOAN DETAILS
$1,997
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $143,750 |
| Loan Amount | $431,250 |
0.33
YEARS SAVED
$274
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
-
$2,273
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
-
3432 E Zion Way Chandler, AZ 1
- 3 beds 2 baths ∙ 2,418 Sqft ∙ Built 2010 3 beds 2 baths ∙ 2,418 Sqft ∙ Built 2010
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3323 E Zion Way Chandler, AZ 2
- 3 beds 3 baths ∙ 2,470 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,470 Sqft ∙ Built 2010
LEASED 01/01/21- Rent
- Rent Per SQFT
- $2,050
- $0.83
-
3954 E Grand Canyon Place Chandler, AZ 3
- 4 beds 2 baths ∙ 2,285 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,285 Sqft ∙ Built 2007
LEASED 01/15/21- Rent
- Rent Per SQFT
- $2,250
- $0.98
-
4064 S Huachuca Way Chandler, AZ 4
- 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 2006
LEASED 05/01/21- Rent
- Rent Per SQFT
- $2,350
- $0.94
-
4059 S Mingus Drive Chandler, AZ 5
- 4 beds 2 baths ∙ 2,363 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,363 Sqft ∙ Built 2006
LEASED 10/08/20- Rent
- Rent Per SQFT
- $2,395
- $1.01
PROPERTY LISTING DETAILS
Exp Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6256657
Last Updated: 07/13/2021
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.
