Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

43441 W Chisholm Drive Maricopa, AZ 85138

3 Beds 2 Baths 1,893 sqft Built 2002

$345,950

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $182.75
  • 2 Days on Market
  • MLS # : 6170675
  • Updated Date : 12/12/2020 at 10:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,893 sqft
  • Baths : 2 full
Listing Agent

The Maricopa Real Estate Co

Listing Agent's Description

Great opportunity for this well maintained and move in ready Hacienda built home located in the desired golf course community of Rancho El Dorado. Energy efficient 2''x6'' constructed home featuring more upgrades than can be mentioned including newly remodeled contemporary kitchen with large island, beautiful GRANITE COUNTERTOPS, elegant pendant lighting, staggered cabinets. PLANTATION SHUTTERS throughout, tile flooring, vaulted ceiling, RO System, Soft Water system, large master bedroom with newly remodeled bathroom featuring walk in tile shower, upgraded French Doors escort you to the backyard SALT WATER OASIS with aluminum alloy pergola, water feature, and citrus trees for those lazy AZ afternoons. Come take a look today

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k282k

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

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
Santa Rosa Elementary School Primary Regular 429 22 5
Desert Wind Middle School Middle Regular 414 20 4
Maricopa High School High Regular 1,796 70 3

Santa Rosa Elementary School

  • Education Level: Primary
  • # of students: 429
  • # of teachers: 22
5
GreatSchools Rating

Desert Wind Middle School

  • Education Level: Middle
  • # of students: 414
  • # of teachers: 20
4
GreatSchools Rating

Maricopa High School

  • Education Level: High
  • # of students: 1,796
  • # of teachers: 70
3
GreatSchools Rating
 

$311,355$380,545$345,950

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$1,276
Property Tax -$323
Property Insurance -$64
HOA -$15
Property Management Fees -$99
CASH FLOW
-$267

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$345,950

PROJECTED PRICE

$1,510

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$97,427

INVESTMENT

$97,427

Down Payment
$86,488
Rehab Estimate
$5,750
Closing Costs
$5,189

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,276

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $86,488
Loan Amount $259,463
See What Happens When You Reinvest Cash Flow

1.92

YEARS SAVED

$4,919

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,510

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,387

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,3503$1,4254$1,4995$1,510
$1,510
RENT COMPS ANALYSIS
  • 43441 W Chisholm Drive Maricopa, AZ 5
    • 3 beds 2 baths ∙ 1,893 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,893 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.80
    •  
  • 44039 W Granite Drive Maricopa, AZ 1
    • 4 beds 2 baths ∙ 1,829 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,829 Sqft ∙ Built 2004
    property image
    LEASED 12/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.71
    •  
  • 43447 W Sunland Drive Maricopa, AZ 2
    • 3 beds 2 baths ∙ 1,938 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,938 Sqft ∙ Built 2005
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.70
    •  
  • 44268 W Rhinestone Road Maricopa, AZ 3
    • 3 beds 2 baths ∙ 1,849 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,849 Sqft ∙ Built 2006
    property image
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.77
    •  
  • 43500 W Colby Drive Maricopa, AZ 4
    • 3 beds 3 baths ∙ 2,000 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,000 Sqft ∙ Built 2002
    property image
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.75
    •  
PROPERTY LISTING DETAILS
Carl Jay Shaver
The Maricopa Real Estate Co
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170675
Last Updated: 12/12/2020
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.

BESbswy