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4316 E Yellowstone Place Chandler, AZ 85249

4 Beds 3 Baths 2,284 sqft Built 2016

$590,000

List Price

$2,280

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

February 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $258.32
  • 3 Days on Market
  • MLS # : 6192493
  • Updated Date : 02/13/2021 at 00:47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,284 sqft
  • Baths : 3 full
Listing Agent

Realty One Group

Listing Agent's Description

Welcome to your new, modern, designer styled home in the prestigious south Chandler gated community, Finisterra! This home boasts 4 bedrooms, 3 baths and a Bonus Game Room/Office/Den, perfectly laid out with a split floor plan and great room made for entertaining. Great room has views through your 4 sliding glass doors of the oasis in the backyard and they open all the way to add to the indoor/outdoor living. New plush upgraded carpet just installed, wood accent walls throughout, and white plantations shutters add to the custom feel of this move in ready home. Enjoy your sparkling pool with waterfall feature, travertine extended patio, grass, and oasis back yard all year round. This home will not disappoint!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Finisterra

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $117k553k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Finisterra

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2120014001600180020002200240026002800Rent in $10452854

* 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
Payne Junior High School Middle Regular 1,518 70 9
Perry High School High Regular 3,194 142 7
Perry High School High Unknown NA

Payne Junior High School

  • Education Level: Middle
  • # of students: 1,518
  • # of teachers: 70
9
GreatSchools Rating

Perry High School

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

Perry High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$531,000$649,000$590,000

PURCHASE PRICE

$2,052$2,508$2,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,280
EXPENSES Loan Payment -$2,049
Property Tax -$420
Property Insurance -$72
HOA -$120
Property Management Fees -$99
CASH FLOW
-$480

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.

$590,000

PROJECTED PRICE

$2,280

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.2%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$162,100

INVESTMENT

$162,100

Down Payment
$147,500
Rehab Estimate
$5,750
Closing Costs
$8,850

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,049

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $147,500
Loan Amount $442,500
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$3,829

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,280

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $2,244

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$2,250
1$2,2502$2,2503$2,2804$2,3255$2,395
$2,395
RENT COMPS ANALYSIS
  • 4316 E Yellowstone Place Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,284 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,284 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,280
    • $1.00
    •  
  • 5134 S Sandstone Street Gilbert, AZ 1
    • 4 beds 2 baths ∙ 2,285 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,285 Sqft ∙ Built 2004
    LEASED 09/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.98
    •  
  • 3954 E Grand Canyon Place Chandler, AZ 2
    • 4 beds 2 baths ∙ 2,285 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,285 Sqft ∙ Built 2007
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.98
    •  
  • 1263 E Walnut Road Gilbert, AZ 4
    • 4 beds 3 baths ∙ 2,418 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,418 Sqft ∙ Built 2005
    LEASED 08/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,325
    • $0.96
    •  
  • 4059 S Mingus Drive Chandler, AZ 5
    • 4 beds 2 baths ∙ 2,363 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,363 Sqft ∙ Built 2006
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.01
    •  
PROPERTY LISTING DETAILS
Vanessa Kean
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6192493
Last Updated: 02/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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