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3820 S Acacia Court Chandler, AZ 85248

4 Beds 3 Baths 2,206 sqft Built 1991

$549,900

List Price

$2,210

$2K - $2.4K

Rent Est.

PROPERTY INFO

February 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $249.27
  • 7 Days on Market
  • MLS # : 6191369
  • Updated Date : 02/09/2021 at 18:11
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,206 sqft
  • Baths : 2 full , 1 half
Listing Agent

Momentum Brokers Llc

Listing Agent's Description

New on the Market! Freshly remodeled! Incredible two-story home is now available for you on a cul-de-sac lot in desirable Chandler. This remarkable property gives you a beautiful grassy front landscaping, along with a very convenient RV gate. Step inside this beauty to everything you have been looking for; vaulted ceilings, gorgeous wood-like tile, 4 bed, living and dining area, luxurious chandeliers, and a fireplace ideal for this winter. Enjoy cooking your favorite recipes in this spotless, eat-in kitchen w/granite counter-tops, pantry, bay windows, and high-end appliances. The main bedroom includes a lavish master bathroom with dual sinks, separate tub, step-in shower, and walk-in closet. An amazing grassy backyard with covered patio and sparkling blue pool.

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
 

$494,910$604,890$549,900

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 -$1,910
Property Tax -$398
Property Insurance -$70
HOA -$79
Property Management Fees -$99
CASH FLOW
-$347

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.

$549,900

PROJECTED PRICE

$2,210

PROJECTED RENT

0.40%

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$151,474

INVESTMENT

$151,474

Down Payment
$137,475
Rehab Estimate
$5,750
Closing Costs
$8,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,910

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $137,475
Loan Amount $412,425
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$7,367

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
  • $2,206

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$2,025
1$2,0252$2,2003$2,2104$2,2505$2,295
$2,295
RENT COMPS ANALYSIS
  • 3820 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
    •  
  • 2473 W Rockrose Way W Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,050 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,050 Sqft ∙ Built 1996
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.10
    •  
  • 2261 W Redwood Drive Chandler, AZ 5
    • 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
    •  
PROPERTY LISTING DETAILS
Edgar Chavez
Momentum Brokers Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6191369
Last Updated: 02/09/2021
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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