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3772 S Rosemary Drive Chandler, AZ 85248

4 Beds 4 Baths 3,735 sqft Built 1998

$875,000

List Price

$3,600

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $234.27
  • 2 Days on Market
  • MLS # : 6170616
  • Updated Date : 12/12/2020 at 12:01
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,735 sqft
  • Baths : 3 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

Absolutely stunning home on over a 1/3rd acre lot with sprawling golf course and lake views! The newly remodeled kitchen boasts rich dark wood cabinetry, extended kitchen island with quartz counter top and trendy pendant lighting, and stainless steel appliances; gas cooking! New interior paint. New wood - look tile flooring. The luxurious resort style back yard overlooks the prestigious Ocotillo Golf Course! Sparkling pebble tec pool and beautifully landscaped; perfect for families and entertaining. The master suite is a retreat you won't want to leave! Master Suite has private patio access and a deluxe style bathroom, including dual head walk-in shower with tile surrounds, jetted tub, dual sink vanity with granite counter top and his and hers closets.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Cantabria Shores at Ocotillo

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k457k

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

Neighborhood: Cantabria Shores at Ocotillo

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10452584

* 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
Jacobson Elementary School Primary Regular 889 41 9
Jacobson Elementary School Middle Regular 889 41 9
Hamilton High School High Regular 3,740 190 8

Jacobson Elementary School

  • Education Level: Primary
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Jacobson Elementary School

  • Education Level: Middle
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$787,500$962,500$875,000

PURCHASE PRICE

$3,240$3,960$3,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,600
EXPENSES Loan Payment -$3,228
Property Tax -$636
Property Insurance -$100
HOA -$60
Property Management Fees -$99
CASH FLOW
-$523

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.

$875,000

PROJECTED PRICE

$3,600

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$237,625

INVESTMENT

$237,625

Down Payment
$218,750
Rehab Estimate
$5,750
Closing Costs
$13,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,228

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $218,750
Loan Amount $656,250
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$18,340

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
  • $4,062

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,5003$3,5004$4,2505$4,600
$4,600
RENT COMPS ANALYSIS
  • 3772 S Rosemary Drive Chandler, AZ 1
    • 4 beds 4 baths ∙ 3,735 Sqft ∙ Built 1998 4 beds 4 baths ∙ 3,735 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1777 W Ocotillo Road #26 Chandler, AZ 2
    • 4 beds 5 baths ∙ 3,661 Sqft ∙ Built 2012 4 beds 5 baths ∙ 3,661 Sqft ∙ Built 2012
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.96
    •  
  • 940 W Yosemite Drive Chandler, AZ 3
    • 4 beds 5 baths ∙ 3,625 Sqft ∙ Built 2018 4 beds 5 baths ∙ 3,625 Sqft ∙ Built 2018
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.97
    •  
  • 4523 S Wildflower Place Chandler, AZ 4
    • 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2003
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $1.15
    •  
  • 1340 W Island Circle Chandler, AZ 5
    • 5 beds 3 baths ∙ 3,625 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,625 Sqft ∙ Built 1994
    LEASED 07/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,600
    • $1.27
    •  
PROPERTY LISTING DETAILS
Zachary K Hampton
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170616
Last Updated: 12/12/2020
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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