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3885 W Cindy Street Chandler, AZ 85226

2 Beds 2 Baths 1,101 sqft Built 1985

$295,000

List Price

$1,340

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $267.94
  • 2 Days on Market
  • MLS # : 6168189
  • Updated Date : 12/05/2020 at 11:10
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,101 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

HURRY! MUST SEE THIS CHARMING HOME NESTLED IN THE HEART OF CHANDLER! *2 BEDS/2 BATHS/2- CAR GARAGE in Hearthstone Subdivision *Bright, Open Floor Plan w/ GREAT ROOM *LOVELY White KITCHEN! Beautiful, Refinished White Kitchen Cabinets, & 2- Bathrooms *New Resin Kitchen Countertops *Both Bedrooms are Spacious *You'll LOVE the NEUTRAL INTERIOR & EXTERIOR PAINT THROUGHOUT, INCLUDING CEILING, BASEBOARDS, DOORS, CLOSETS, INTERIOR GARAGE, & COVERED PATIO *NEW Carpet in BOTH Bedrooms *NEW Draperies & Curtain Rods Throughout *NEW Ceiling Fans *NEW Light Fixtures *NEW Garbage Disposal (October 2020) *Cozy, Wood Burning Fireplace in Great Room *Vaulted Ceiling *Low Maintenance Front & Backyard *Gated Courtyard Entry *Covered Patio *An award winning Kyrene Schools *Community Pool *N/S Exposure.. Hit

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Hearthstone North

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $104k358k

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

Neighborhood: Hearthstone North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9481981

* 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
Kyrene Traditional Academy - Sure����o Campus Primary Regular 504 25 8
Kyrene Aprende Middle School Middle Regular 1,040 56 9
Corona Del Sol High School High Regular 2,781 114 7

Kyrene Traditional Academy - Sure����o Campus

  • Education Level: Primary
  • # of students: 504
  • # of teachers: 25
8
GreatSchools Rating

Kyrene Aprende Middle School

  • Education Level: Middle
  • # of students: 1,040
  • # of teachers: 56
9
GreatSchools Rating

Corona Del Sol High School

  • Education Level: High
  • # of students: 2,781
  • # of teachers: 114
7
GreatSchools Rating
 

$265,500$324,500$295,000

PURCHASE PRICE

$1,206$1,474$1,340

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,340
EXPENSES Loan Payment -$1,088
Property Tax -$183
Property Insurance -$49
HOA -$42
Property Management Fees -$99
CASH FLOW
-$121

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.

$295,000

PROJECTED PRICE

$1,340

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.6%
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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,925

INVESTMENT

$83,925

Down Payment
$73,750
Rehab Estimate
$5,750
Closing Costs
$4,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,088

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $73,750
Loan Amount $221,250
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$10,206

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
  • $1,448

    COMP ESTIMATED VALUE
  • $1.32

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,1953$1,4004$1,5005$1,675
$1,675
RENT COMPS ANALYSIS
  • 3885 W Cindy Street Chandler, AZ 1
    • 2 beds 2 baths ∙ 1,101 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,101 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3930 W Monterey Street #138 Chandler, AZ 2
    • 2 beds 2 baths ∙ 935 Sqft ∙ Built 1986 2 beds 2 baths ∙ 935 Sqft ∙ Built 1986
    LEASED 12/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $1.28
    •  
  • 3924 W Denver Street Chandler, AZ 3
    • 2 beds 2 baths ∙ 1,101 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,101 Sqft ∙ Built 1985
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.27
    •  
  • 3826 W Chicago Street Chandler, AZ 4
    • 2 beds 2 baths ∙ 1,101 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,101 Sqft ∙ Built 1985
    LEASED 06/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.36
    •  
  • 3893 W Chicago Street Chandler, AZ 5
    • 2 beds 2 baths ∙ 1,240 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,240 Sqft ∙ Built 1984
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $1.35
    •  
PROPERTY LISTING DETAILS
Ej Tallman
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168189
Last Updated: 12/05/2020
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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