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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $200.69
- 5 Days on Market
- MLS # : 6169521
- Updated Date : 12/10/2020 at 18:26
CONSTRUCTION
- Beds : 4
- Floor Size : 2,616 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty East Valley
Listing Agent's Description
Come fall in love with this beauty in Shadow Ridge in South Chandler. This home has been meticulously maintained and updated with gorgeous plank tile wood look floors, granite slab counters, dbl ovens, extended island, huge walk in master shower that has no step & plantation shutters. This home absolutely gorgeous with 4 bedrooms, den, 2 bathrooms, pool, spa and putting green in the backyard. Garage has newer epoxy garage floor coating, extended length, storage cabinets and is pre-plumbed for soft water system. Fridge, washer, dryer and mounted patio TV will convey in ''AS-IS'' condition, all are in working order.
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PRICE & RENT TRENDS
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,290 |
| EXPENSES | Loan Payment | -$1,937 |
| Property Tax | -$374 | |
| Property Insurance | -$78 | |
| HOA | -$85 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$283
|
||
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.
$525,000
PROJECTED PRICE
$2,290
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$144,875
LOAN DETAILS
$1,937
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $131,250 |
| Loan Amount | $393,750 |
2.58
YEARS SAVED
$12,706
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
-
$2,466
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
-
3976 E Scorpio Place Chandler, AZ 1
- 4 beds 2 baths ∙ 2,616 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,616 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $0
- $0.00
-
5950 S Mesquite Grove Way Chandler, AZ 2
- 3 beds 3 baths ∙ 2,492 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,492 Sqft ∙ Built 2002
LEASED 08/01/19- Rent
- Rent Per SQFT
- $2,200
- $0.88
-
4075 E Bellerive Drive Chandler, AZ 3
- 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2007
LEASED 10/19/20- Rent
- Rent Per SQFT
- $2,300
- $0.93
-
3876 E Scorpio Place Chandler, AZ 4
- 4 beds 2 baths ∙ 2,490 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,490 Sqft ∙ Built 2005
LEASED 10/01/20- Rent
- Rent Per SQFT
- $2,395
- $0.96
-
3245 E Gemini Court Chandler, AZ 5
- 4 beds 3 baths ∙ 2,492 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,492 Sqft ∙ Built 2003
LEASED 02/05/20- Rent
- Rent Per SQFT
- $2,495
- $1.00
PROPERTY LISTING DETAILS
Keller Williams Realty East Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6169521
Last Updated: 12/10/2020
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.
