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411 E Del Rio Street 
Chandler, AZ
85225
3 Beds 2 Baths 1,120 sqft
Built 1995
INVESTimate
$325,000
List Price
$91,875
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PROPERTY INFO
FACTS
- Built In 1995
- Price/Sqft : $290.18
- 3 Days on Market
- MLS # : 6121815
- Updated Date : 08/24/2020 at 10:52
CONSTRUCTION
- Beds : 3
- Floor Size : 1,120 sqft
- Baths : 2 full
Listing Agent
Right One Realty
Listing Agent's Description
Chandler Move-In Ready. The vaulted ceilings make this home feel so open and light and bright! Architectural details provide interest and the new Windows and Plantation Shutters on the South Sun Facing side bring beauty and energy savings. Beautiful quartz counter tops in kitchen and both bathrooms. Stainless steel appliances including refrigerator, New Soft Water system, New Hot & Cold RO system, Ceiling Fans throughout. Master Bathroom has large walk in closet AND NEW WALK IN TUB with quick drain and hand held shower wand. 20x20 Gray tile in the kitchen and bathrooms. New Gray laminate flooring in living room and hallway. New LG Washer & Dryer. Low Maintenance Landscaping. Tile Roof, Great Chandler Location. (No HOA, no hassles!)
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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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,200 |
| EXPENSES | Loan Payment | -$1,199 |
| Property Tax | -$189 | |
| Property Insurance | -$49 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$336
|
||
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.
$325,000
PROJECTED PRICE
$1,200
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
| 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
INVESTMENT
$91,875
LOAN DETAILS
$1,199
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $81,250 |
| Loan Amount | $243,750 |
1.17
YEARS SAVED
$1,822
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,200
LIST RENT -
$1.07
LIST RENT PER SQFT
-
$1,201
COMP ESTIMATED VALUE -
$1.07
COMP AVG. RENT PER SQFT
Comps Range
-
411 E Del Rio Street Chandler, 1
- 3 beds 2 baths ∙ 1,120 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,120 Sqft ∙ Built 1995
![property image]()
- Rent
- Rent Per SQFT
- $1,200
- $1.07
-
860 N Mcqueen Road #1002 Chandler, 2
- 3 beds 3 baths ∙ 1,287 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,287 Sqft ∙ Built 1997
![property image]()
LEASED 07/07/20- Rent
- Rent Per SQFT
- $1,425
- $1.11
-
144 S Kingston Street Chandler, 3
- 3 beds 2 baths ∙ 1,428 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,428 Sqft ∙ Built 1994
![property image]()
LEASED 07/13/19- Rent
- Rent Per SQFT
- $1,500
- $1.05
-
1361 N Fresno Street Chandler, 4
- 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 2006
![property image]()
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,500
- $1.05
-
876 E Sheffield Avenue Chandler, 5
- 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 2001
![property image]()
LEASED 08/10/19- Rent
- Rent Per SQFT
- $1,550
- $1.08
PROPERTY LISTING DETAILS
Right One Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6121815
Last Updated: 08/24/2020
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.
