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4352 S Ambrosia Court Chandler, AZ 85248

4 Beds 3 Baths 3,266 sqft Built 2002

$824,900

List Price

$3,370

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $252.57
  • 4 Days on Market
  • MLS # : 6199427
  • Updated Date : 03/04/2021 at 16:24
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,266 sqft
  • Baths : 2 full , 1 half
Listing Agent

Kristopher Realty

Listing Agent's Description

Here it is! The most sought-after floorplan built by the well renowned TW Lewis. At 3266 sq ft, this single-story home is perfect for a family, a retired couple, a second home, or an investment. This split floorplan is perfect for the new ''work-at-home'' environment with plenty of room for office space and family space. Some of the lovely upgrades include 12 ft ceilings, shutters throughout, heavy-duty security doors, Thermador gas stove, brand new dishwasher, custom built-in entertainment center with large TV, custom built-in office, custom heavy-duty roll-down sunscreens across the patio, 2 brand new Trane HVAC'c (2020), all new windows (2020), new water descaling system (better than soft water) custom master bedroom closet, and, custom garage cabinets with epoxy floors.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Balboa Point

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Balboa Point

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453693

* 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
Bogle Junior High School Middle Regular 1,225 56 8
Hamilton High School High Regular 3,740 190 8

Bogle Junior High School

  • Education Level: Middle
  • # of students: 1,225
  • # of teachers: 56
8
GreatSchools Rating

Hamilton High School

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

$742,410$907,390$824,900

PURCHASE PRICE

$3,033$3,707$3,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,370
EXPENSES Loan Payment -$2,865
Property Tax -$598
Property Insurance -$91
HOA -$58
Property Management Fees -$99
CASH FLOW
-$340

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$824,900

PROJECTED PRICE

$3,370

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 4.7%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
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$30k

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$224,349

INVESTMENT

$224,349

Down Payment
$206,225
Rehab Estimate
$5,750
Closing Costs
$12,374

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,865

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $206,225
Loan Amount $618,675
See What Happens When You Reinvest Cash Flow

3

YEARS SAVED

$19,355

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,370

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $3,397

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$2,600
1$2,6002$2,9753$3,3704$3,9505$3,995
$3,995
RENT COMPS ANALYSIS
  • 4352 S Ambrosia Court Chandler, AZ 3
    • 4 beds 3 baths ∙ 3,266 Sqft ∙ Built 2002 4 beds 3 baths ∙ 3,266 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $3,370
    • $1.03
    •  
  • 946 W Zion Way Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,948 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,948 Sqft ∙ Built 2017
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.88
    •  
  • 3810 S Thistle Drive Chandler, AZ 2
    • 5 beds 4 baths ∙ 3,458 Sqft ∙ Built 1996 5 beds 4 baths ∙ 3,458 Sqft ∙ Built 1996
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $0.86
    •  
  • 1612 W Lynx Way Chandler, AZ 4
    • 4 beds 3 baths ∙ 3,329 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,329 Sqft ∙ Built 1998
    LEASED 10/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $1.19
    •  
  • 949 W Angel Drive Chandler, AZ 5
    • 4 beds 4 baths ∙ 3,236 Sqft ∙ Built 2016 4 beds 4 baths ∙ 3,236 Sqft ∙ Built 2016
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.23
    •  
PROPERTY LISTING DETAILS
Kelly Clauss
Kristopher Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199427
Last Updated: 03/04/2021
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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