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3447 S Valerie Drive Chandler, AZ 85286

5 Beds 4 Baths 4,332 sqft Built 2004

$729,000

List Price

$3,110

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

October 29, 2020 RECENTLY ADDED
FACTS
  • Built In 2004
  • Price/Sqft : $168.28
  • 6 Days on Market
  • MLS # : 6153200
  • Updated Date : 10/30/2020 at 18:25
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,332 sqft
  • Baths : 4 full
Listing Agent

Venture Rei, Llc

Listing Agent's Description

Gorgeous Spanish Style 5BD & 4BA in desirable community of Sienna. Inviting front courtyard is one of three courtyards as you enter this beautiful Southwest inspired home. Interior w/access to a lush atrium in center of home. Open floor plan enters kitchen, dining and family room. Plantation Shutters & abundance tile floors. Fresh new paint in interior. Chef's kitchen has a plethora of cabinets, gorgeous slab granite counters, large island, SS appliances, built-in refrigerator & walk-in pantry. Downstairs Master w/gorgeous en-suite bath w/GIANT walk-in shower. Loft has many possibilities & opens up to generous sized bedrooms & Kitchenette off Theater Room. Cozy up to a fire next to the outdoors BBQ/Kitchen & Koi pond, or cool off in your blue pool w/views backing to Greenbelt/Park.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sienna

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k475k

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

Neighborhood: Sienna

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452309

* 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
Haley Elementary School Primary Regular 850 49 9
Haley Elementary School Middle Regular 850 49 9
Perry High School High Regular 3,194 142 7

Haley Elementary School

  • Education Level: Primary
  • # of students: 850
  • # of teachers: 49
9
GreatSchools Rating

Haley Elementary School

  • Education Level: Middle
  • # of students: 850
  • # of teachers: 49
9
GreatSchools Rating

Perry High School

  • Education Level: High
  • # of students: 3,194
  • # of teachers: 142
7
GreatSchools Rating
 

$656,100$801,900$729,000

PURCHASE PRICE

$2,799$3,421$3,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,110
EXPENSES Loan Payment -$2,690
Property Tax -$519
Property Insurance -$112
HOA -$85
Property Management Fees -$99
CASH FLOW
-$394

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.

$729,000

PROJECTED PRICE

$3,110

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.9%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$198,935

INVESTMENT

$198,935

Down Payment
$182,250
Rehab Estimate
$5,750
Closing Costs
$10,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,690

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $182,250
Loan Amount $546,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$17,507

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,110

    LIST RENT
  • $0.72

    LIST RENT PER SQFT
  • $3,119

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,1003$3,1104$3,3005$3,350
$3,350
RENT COMPS ANALYSIS
  • 3447 S Valerie Drive Chandler, AZ 3
    • 5 beds 4 baths ∙ 4,332 Sqft ∙ Built 2004 5 beds 4 baths ∙ 4,332 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $3,110
    • $0.72
    •  
  • 2723 E Zion Way Chandler, AZ 1
    • 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.67
    •  
  • 4201 S Newport Street Chandler, AZ 2
    • 5 beds 4 baths ∙ 4,113 Sqft ∙ Built 2007 5 beds 4 baths ∙ 4,113 Sqft ∙ Built 2007
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.75
    •  
  • 1648 E Kaibab Drive Chandler, AZ 4
    • 5 beds 4 baths ∙ 4,620 Sqft ∙ Built 2001 5 beds 4 baths ∙ 4,620 Sqft ∙ Built 2001
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.71
    •  
  • 2734 E Grand Canyon Drive Chandler, AZ 5
    • 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $0.75
    •  
PROPERTY LISTING DETAILS
Jonas Funston
Venture Rei, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6153200
Last Updated: 10/30/2020
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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