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4064 W Post Road Chandler, AZ 85226

4 Beds 3 Baths 2,730 sqft Built 1986

INVESTimate

$545,000

List Price

$2,300

$2,070 - $2,530

Rent Est.

$575,575  ( +5.61%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 1986
  • Price/Sqft : $199.63
  • 3 Days on Market
  • MLS # : 6111504
  • Updated Date : 08/24/2020 at 02:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,730 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

Beautiful home in desirable Corona Village in top rated Kyrene School District. 4BR/2.5BA/3CG, updated with triple and dual pane windows and doors, a quiet home with energy savings. Chefs kitchen includes marble and quartz countertops, including a 6x6 marble island, large enough for seating and entertaining. Overisized bedrooms with ample closet space, including remodeled bathrooms. Primary bathroom features a 6x6 custom marble shower with seamless glass encloser and a relaxing rain head/body spray shower head. Front and backyards are fully landscaped with auto/timed watering system. Large entertaining backyard includes an updated pebbletec pool, built in fireplace and BBQ. Grass area for kids playtime and well-designed garden area for growing your own vegetables.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

* 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
Kyrene Del Cielo School Primary Regular 786 41 9
Kyrene Aprende Middle School Middle Regular 1,040 56 9
Corona Del Sol High School High Regular 2,781 114 7

Kyrene Del Cielo School

  • Education Level: Primary
  • # of students: 786
  • # of teachers: 41
9
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
 

$490,500$599,500$545,000

PURCHASE PRICE

$2,070$2,530$2,300

RENT

DOWN PAYMENT
FINANCING

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-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,300
EXPENSES Loan Payment -$2,011
Property Tax -$339
Property Insurance -$80
HOA -$45
Property Management Fees -$99
CASH FLOW
-$274

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.

$545,000

PROJECTED PRICE

$2,300

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.61%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$150,175

INVESTMENT

$150,175

Down Payment
$136,250
Rehab Estimate
$5,750
Closing Costs
$8,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,011

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $136,250
Loan Amount $408,750
See What Happens When You Reinvest Cash Flow

3

YEARS SAVED

$15,361

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,300

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,525

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$2,300
1$2,3002$2,5003$2,5004$2,5505$2,650
$2,650
RENT COMPS ANALYSIS
  • 4064 W Post Road Chandler, 1
    • 4 beds 3 baths ∙ 2,730 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,730 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.84
    •  
  • 4146 W Kent Drive Chandler, 2
    • 4 beds 3 baths ∙ 2,730 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,730 Sqft ∙ Built 1986
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.92
    •  
  • 9555 S Palm Drive Tempe, 3
    • 5 beds 3 baths ∙ 2,825 Sqft ∙ Built 1990 5 beds 3 baths ∙ 2,825 Sqft ∙ Built 1990
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.88
    •  
  • 1902 E El Freda Road Tempe, 4
    • 4 beds 2 baths ∙ 2,588 Sqft ∙ Built 1979 4 beds 2 baths ∙ 2,588 Sqft ∙ Built 1979
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.99
    •  
  • 9347 S Hazelton Lane Tempe, 5
    • 4 beds 3 baths ∙ 2,917 Sqft ∙ Built 1983 4 beds 3 baths ∙ 2,917 Sqft ∙ Built 1983
    LEASED 01/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $0.91
    •  
PROPERTY LISTING DETAILS
Tommy J Nunez
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6111504
Last Updated: 08/24/2020
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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