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4421 S Pecan Drive Chandler, AZ 85248

5 Beds 5 Baths 4,015 sqft Built 2006

$989,900

List Price

$3,380

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

February 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $246.55
  • 5 Days on Market
  • MLS # : 6191095
  • Updated Date : 02/10/2021 at 08:15
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,015 sqft
  • Baths : 4 full , 1 half
Listing Agent

Glass House International

Listing Agent's Description

Luxurious WATERFRONT, BEAUTIFULLY UPGRADED 5 bed, 4.5 bath home in Ocotillo, Chandler. Home features gorgeous plantation shutters, tile flooring, WOODEN BEAM ceilings, CROWN MOLDING, wood staircase, lots of natural light, 2 gas fireplaces & more! The cozy family area opens up to a GOURMET KITCHEN with BULTER PANTRY AREA & FRENCH DOORS TO paved PRIVATE COURTYARD! Elegant dining room, MAIN FLOOR BEDROOM w/FULL BATH. Upstairs includes SPACIOUS LOFT & XL laundry room! The grandiose master bedroom boasts a COZY SITTING AREA, fireplace, a full bath & private exit to the EXTENDED BALCONY where you can enjoy a SPECTACULAR VIEW OF THE LAKE! Finally the stunning backyard includes an extended covered patio, a built-in BBQ, private boat dock, a sparkling blue pool w/water features & lush landscaping!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Octotillo

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k459k

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

Neighborhood: The Octotillo

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452356

* 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
 

$890,910$1,088,890$989,900

PURCHASE PRICE

$3,042$3,718$3,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,380
EXPENSES Loan Payment -$3,438
Property Tax -$717
Property Insurance -$105
HOA -$185
Property Management Fees -$99
CASH FLOW
-$1,165

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.

$989,900

PROJECTED PRICE

$3,380

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.3%
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$2.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$268,074

INVESTMENT

$268,074

Down Payment
$247,475
Rehab Estimate
$5,750
Closing Costs
$14,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,438

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $247,475
Loan Amount $742,425
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$496

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
  • $3,353

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6003$2,7954$3,5255$3,600
$3,600
RENT COMPS ANALYSIS
  • 4421 S Pecan Drive Chandler, AZ 1
    • 5 beds 5 baths ∙ 4,015 Sqft ∙ Built 2006 5 beds 5 baths ∙ 4,015 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4443 S Greythorne Way Chandler, AZ 2
    • 4 beds 4 baths ∙ 3,851 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,851 Sqft ∙ Built 2006
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.68
    •  
  • 926 W Yosemite Drive Chandler, AZ 3
    • 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2018 5 beds 5 baths ∙ 3,757 Sqft ∙ Built 2018
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $0.74
    •  
  • 4512 S Wildflower Place Chandler, AZ 4
    • 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,690 Sqft ∙ Built 2002
    LEASED 01/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,525
    • $0.96
    •  
  • 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
Diane Olson
Glass House International
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6191095
Last Updated: 02/10/2021
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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