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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $250.89
- 3 Days on Market
- MLS # : 6189022
- Updated Date : 02/06/2021 at 06:14
CONSTRUCTION
- Beds : 4
- Floor Size : 3,388 sqft
- Baths : 3 full , 1 half
Listing Agent
United Brokers Group
Listing Agent's Description
Beautiful, coveted TW Lewis home in Valencia. RARE. EXCEPTIONAL. LARGE WATERFRONT VIEW LOT. CUL-DE-SAC.This home is part of the luxury line in Alicante, with 12 foot ceilings, ornate wine bar, butler pantry, stainless appliances. Putting Green. 2 TRANE HVAC units 2019. Professionally updated painted cabinets & gorgeous wood floors. Spacious CASITA that can be 4th bedroom, in-law quarters or theater room. LARGE & Inviting courtyard with Stone Fireplace. Split floorpan. Master bedroom suite is oversized with 2 spacious walk-in closets. Guest Bedrooms are very generous in size. Walking distance to Carlson Elementary.Walking and biking trails, easy access to Veterans Oasis Park & Valencia Park. This home truly has so much to offer.
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PRICE & RENT TRENDS
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,830 |
| EXPENSES | Loan Payment | -$2,952 |
| Property Tax | -$618 | |
| Property Insurance | -$93 | |
| HOA | -$192 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,125
|
||
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.
$850,000
PROJECTED PRICE
$2,830
PROJECTED RENT
0.33%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$231,000
LOAN DETAILS
$2,952
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $212,500 |
| Loan Amount | $637,500 |
0.17
YEARS SAVED
$124
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,473
COMP ESTIMATED VALUE -
$0.73
COMP AVG. RENT PER SQFT
Comps Range
-
3734 E San Pedro Place Chandler, AZ 1
- 4 beds 4 baths ∙ 3,388 Sqft ∙ Built 2007 4 beds 4 baths ∙ 3,388 Sqft ∙ Built 2007
- Rent
- Rent Per SQFT
- $0
- $0.00
-
6321 S Four Peaks Place Chandler, AZ 2
- 4 beds 3 baths ∙ 3,113 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,113 Sqft ∙ Built 2001
LEASED 02/29/20- Rent
- Rent Per SQFT
- $2,250
- $0.72
-
2737 E Teakwood Place Chandler, AZ 3
- 4 beds 3 baths ∙ 3,517 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,517 Sqft ∙ Built 2003
LEASED 06/05/20- Rent
- Rent Per SQFT
- $2,250
- $0.64
-
2844 E Birchwood Place Chandler, AZ 4
- 4 beds 3 baths ∙ 3,517 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,517 Sqft ∙ Built 2003
LEASED 10/20/20- Rent
- Rent Per SQFT
- $2,595
- $0.74
-
4451 S Granite Drive Chandler, AZ 5
- 5 beds 3 baths ∙ 3,430 Sqft ∙ Built 2010 5 beds 3 baths ∙ 3,430 Sqft ∙ Built 2010
LEASED 10/01/19- Rent
- Rent Per SQFT
- $2,825
- $0.82
PROPERTY LISTING DETAILS
United Brokers Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6189022
Last Updated: 02/06/2021
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.
