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3801 S Acacia Court Chandler, AZ 85248

4 Beds 3 Baths 2,206 sqft Built 1991

$499,000

List Price

$2,210

$2K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $226.20
  • 3 Days on Market
  • MLS # : 6196162
  • Updated Date : 02/19/2021 at 17:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,206 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Fall in love with this gorgeous 4 bedroom, 2.5 bathroom Chandler home! This spacious home welcomes you with immaculate curb appeal showcasing mature trees and a luscious lawn. Inside, there are wood-like floors, neutral grayscale paint, crisp white baseboards and vaulted ceilings! The frma living room and dining room is an excellent space to gather on special occasions. Your stunning kitchen features white cabinets, stylish tile backsplash, granite countertops and a breakfast bar! The family has a cozy fireplace and allows you to entertain while preparing meals. The half bathroom downstairs is convenient for guests. Upstairs, your spacious master bedroom showcases a large walk-in closet, double sink vanity and separate shower and soaking tub. Each of the additional bedrooms have plenty of

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Waters Edge at Ocotillo

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k374k

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

Neighborhood: Waters Edge at Ocotillo

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10452052

* 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
Bogle Junior High School Middle Regular 1,225 56 8
Hamilton High School High Regular 3,740 190 8

Bogle Junior High School

  • Education Level: Middle
  • # of students: 1,225
  • # of teachers: 56
8
GreatSchools Rating

Hamilton High School

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

$449,100$548,900$499,000

PURCHASE PRICE

$1,989$2,431$2,210

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,210
EXPENSES Loan Payment -$1,733
Property Tax -$362
Property Insurance -$70
HOA -$79
Property Management Fees -$99
CASH FLOW
-$133

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.

$499,000

PROJECTED PRICE

$2,210

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.1%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$137,985

INVESTMENT

$137,985

Down Payment
$124,750
Rehab Estimate
$5,750
Closing Costs
$7,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,733

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,750
Loan Amount $374,250
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$16,820

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,210

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $2,189

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$2,025
1$2,0252$2,2003$2,2104$2,2955$2,395
$2,395
RENT COMPS ANALYSIS
  • 3801 S Acacia Court Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,206 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,206 Sqft ∙ Built 1991
    • Rent
    • Rent Per SQFT
    •  
    • $2,210
    • $1.00
    •  
  • 2213 W Myrtle Drive Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994
    LEASED 01/29/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,025
    • $0.90
    •  
  • 3760 S Arcadia Way Chandler, AZ 2
    • 4 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.98
    •  
  • 2261 W Redwood Drive Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994
    LEASED 04/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $1.02
    •  
  • 2242 W Myrtle Drive Chandler, AZ 5
    • 3 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994 3 beds 3 baths ∙ 2,241 Sqft ∙ Built 1994
    LEASED 02/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.07
    •  
PROPERTY LISTING DETAILS
George Laughton
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6196162
Last Updated: 02/19/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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