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3872 E San Carlos Place Chandler, AZ 85249

3 Beds 3 Baths 2,347 sqft Built 2015

$599,900

List Price

$2,430

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $255.60
  • 4 Days on Market
  • MLS # : 6170498
  • Updated Date : 12/31/2020 at 21:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,347 sqft
  • Baths : 2 full , 1 half
Listing Agent

Hague Partners

Listing Agent's Description

Nestled in the highly desirable community of Avian Meadows. This home is what dreams are made of. Gourmet kitchen with SS appliances including gas cooktop and wall microwave/oven, Upgraded Silestone kitchen countertops with designer backsplash, Painted maple ''linen'' cabinets with hardware throughout, Oversized multi-slide door at great room, Fireplace/media niche at great room, large walk-in shower & soaker tub w/ designer tile surrounds at master bath a chic designer backsplash and master vanity, 8' interior doors, 12x24 tile throughout with upgraded carpet and pad in bedrooms & den, Surround sound, satellite and security pre-wires, 2- tone interior paint & so much more! Environments for Living ''Platinum Standard'' and ''Powerhouse Green''.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k403k

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

Neighborhood: Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10392090

* 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
Ryan Elementary School Primary Regular 859 42 10
Ryan Elementary School Middle Regular 859 42 10
Perry High School High Regular 3,194 142 7

Ryan Elementary School

  • Education Level: Primary
  • # of students: 859
  • # of teachers: 42
10
GreatSchools Rating

Ryan Elementary School

  • Education Level: Middle
  • # of students: 859
  • # of teachers: 42
10
GreatSchools Rating

Perry High School

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

$539,910$659,890$599,900

PURCHASE PRICE

$2,187$2,673$2,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,430
EXPENSES Loan Payment -$2,213
Property Tax -$427
Property Insurance -$73
HOA -$74
Property Management Fees -$99
CASH FLOW
-$456

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.

$599,900

PROJECTED PRICE

$2,430

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,724

INVESTMENT

$164,724

Down Payment
$149,975
Rehab Estimate
$5,750
Closing Costs
$8,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,213

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,975
Loan Amount $449,925
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$7,472

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,430

    LIST RENT
  • $1.04

    LIST RENT PER SQFT
  • $2,148

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$2,050
1$2,0502$2,2003$2,3504$2,3955$2,430
$2,430
RENT COMPS ANALYSIS
  • 3872 E San Carlos Place Chandler, AZ 5
    • 3 beds 3 baths ∙ 2,347 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,347 Sqft ∙ Built 2015
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,430
    • $1.04
    •  
  • 3323 E Zion Way Chandler, AZ 1
    • 3 beds 3 baths ∙ 2,470 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,470 Sqft ∙ Built 2010
    property image
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.83
    •  
  • 4157 E Glacier Place Chandler, AZ 2
    • 3 beds 3 baths ∙ 2,499 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,499 Sqft ∙ Built 2013
    property image
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.88
    •  
  • 4064 S Huachuca Way Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 2006
    property image
    LEASED 09/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.94
    •  
  • 4059 S Mingus Drive Chandler, AZ 4
    • 4 beds 2 baths ∙ 2,363 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,363 Sqft ∙ Built 2006
    property image
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.01
    •  
PROPERTY LISTING DETAILS
Kristy N Dewitz
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170498
Last Updated: 12/31/2020
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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