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415 E Coconino Place Chandler, AZ 85249

4 Beds 3 Baths 3,482 sqft Built 2004

$795,000

List Price

$3,100

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $228.32
  • 3 Days on Market
  • MLS # : 6158028
  • Updated Date : 11/13/2020 at 12:13
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,482 sqft
  • Baths : 3 full
Listing Agent

Iannelli And Associates

Listing Agent's Description

THIS IS A MUST SEE WATERFRONT PROPERTY! Beautiful Home located in a Cul-De-Sac w/ North/South Exposure, 4 Bedrooms with Office/5th Bedroom Downstairs, 3 Full Bathrooms, Terrific Upgraded Kitchen Space w/ Island, Viking Cooktop, 42 inch Cabinets & Stainless Appliances, Water Softener & R/O, Travertine Tile w/ Versailles Pattern, Crown Molding Throughout the Home, Large Master Suite w/ Private Balcony overlooking the Lake & View of San Tan Mountains, Large Master Bathroom with Dual Vanity, Jetted Tub and Upgraded Tiled Walk-In Shower, Beautiful Resort Style Backyard w/ Heated Large Pool, Elevated Spa, Swim up Bar and Sunken Covered BBQ Area, Wired for Surround Sound and Security System, 3 Car Garage w/ NEW Epoxy Flooring & Lots of Built-In Storage Cabinets, Large Laundry Room w/ Storage/Sink

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
Fulton Elementary School Primary Regular 995 48 9
Fulton Elementary School Middle Regular 995 48 9
Hamilton High School High Regular 3,740 190 8

Fulton Elementary School

  • Education Level: Primary
  • # of students: 995
  • # of teachers: 48
9
GreatSchools Rating

Fulton Elementary School

  • Education Level: Middle
  • # of students: 995
  • # of teachers: 48
9
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$715,500$874,500$795,000

PURCHASE PRICE

$2,790$3,410$3,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,100
EXPENSES Loan Payment -$2,933
Property Tax -$463
Property Insurance -$95
HOA -$41
Property Management Fees -$99
CASH FLOW
-$532

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.

$795,000

PROJECTED PRICE

$3,100

PROJECTED RENT

0.39%

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$216,425

INVESTMENT

$216,425

Down Payment
$198,750
Rehab Estimate
$5,750
Closing Costs
$11,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,933

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $198,750
Loan Amount $596,250
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$14,511

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
  • $3,438

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,2003$3,4994$3,5005$3,600
$3,600
RENT COMPS ANALYSIS
  • 415 E Coconino Place Chandler, AZ 1
    • 4 beds 3 baths ∙ 3,482 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,482 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3200 S Arizona Place Chandler, AZ 2
    • 3 beds 3 baths ∙ 3,133 Sqft ∙ Built 2018 3 beds 3 baths ∙ 3,133 Sqft ∙ Built 2018
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.02
    •  
  • 78 W Powell Way Chandler, AZ 3
    • 4 beds 3 baths ∙ 3,374 Sqft ∙ Built 2009 4 beds 3 baths ∙ 3,374 Sqft ∙ Built 2009
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,499
    • $1.04
    •  
  • 873 E Elmwood Place Chandler, AZ 4
    • 5 beds 4 baths ∙ 3,764 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,764 Sqft ∙ Built 2005
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.93
    •  
  • 923 W Kaibab Drive Chandler, AZ 5
    • 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2016 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2016
    LEASED 08/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.96
    •  
PROPERTY LISTING DETAILS
Brent Heiden
Iannelli And Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6158028
Last Updated: 11/13/2020
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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