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4186 E Blue Ridge Place Chandler, AZ 85249

4 Beds 4 Baths 4,772 sqft Built 2013

INVESTimate

$685,000

List Price

$3,140

$2,890 - $3,390

Rent Est.

$723,429  ( +5.61%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 2013
  • Price/Sqft : $143.55
  • 7 Days on Market
  • MLS # : 6108515
  • Updated Date : 08/22/2020 at 03:29
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,772 sqft
  • Baths : 4 full
Listing Agent

Dpr Realty Llc

Listing Agent's Description

Welcome To Your New Home In The Distinguished Avain Trails Neighborhood. This Stunning Home Lives Up To Everything You Are Searching For! As you step through the front door from your private courtyard you are greeted by a large open atrium with an outdoor gas fireplace that provides tons of natural light that fills into an open family room, dining room and Gourmet Chefs Kitchen. The Gourmet Chefs kitchen is a dream come true with a beautiful extended Signature Island, Santa Venetia Granite Counter Tops, 36'' GE Cafe Built-in Gas Cooktop, 30'' GE Cafe Built-in Convection Wall Oven, Built-in 66'' Frigidaire Professional Series Refrigerator/Freezer, Miele Dishwasher and Large Walk-in pantry!

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
Ryan Elementary School Primary Regular 859 42 10
Ryan Elementary School Middle Regular 859 42 10
Perry High School High Regular 3,194 142 7

Ryan Elementary School

  • Education Level: Primary
  • # of students: 859
  • # of teachers: 42
10
GreatSchools Rating

Ryan Elementary School

  • Education Level: Middle
  • # of students: 859
  • # of teachers: 42
10
GreatSchools Rating

Perry High School

  • Education Level: High
  • # of students: 3,194
  • # of teachers: 142
7
GreatSchools Rating
 

$616,500$753,500$685,000

PURCHASE PRICE

$2,826$3,454$3,140

RENT

DOWN PAYMENT
FINANCING

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-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,140
EXPENSES Loan Payment -$2,527
Property Tax -$488
Property Insurance -$120
HOA -$55
Property Management Fees -$99
CASH FLOW
-$149

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.

$685,000

PROJECTED PRICE

$3,140

PROJECTED RENT

0.46%

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$187,275

INVESTMENT

$187,275

Down Payment
$171,250
Rehab Estimate
$5,750
Closing Costs
$10,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,527

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $171,250
Loan Amount $513,750
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$32,416

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
  • $3,412

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1003$3,350
$3,350
RENT COMPS ANALYSIS
  • 4186 E Blue Ridge Place Chandler, 1
    • 4 beds 4 baths ∙ 4,772 Sqft ∙ Built 2013 4 beds 4 baths ∙ 4,772 Sqft ∙ Built 2013
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3221 E Lynx Place Chandler, 2
    • 5 beds 5 baths ∙ 4,588 Sqft ∙ Built 2008 5 beds 5 baths ∙ 4,588 Sqft ∙ Built 2008
    property image
    LEASED 04/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.68
    •  
  • 2734 E Grand Canyon Drive Chandler, 3
    • 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,447 Sqft ∙ Built 2005
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $0.75
    •  
PROPERTY LISTING DETAILS
Sara R Dumond
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6108515
Last Updated: 08/22/2020
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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