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PROPERTY INFO
FACTS
- Single Family
- Built In 1992
- Price/Sqft : $179.34
- 5 Days on Market
- MLS # : 6148959
- Updated Date : 11/25/2020 at 16:42
CONSTRUCTION
- Beds : 5
- Floor Size : 3,485 sqft
- Baths : 3 full
Listing Agent
North & Co
Listing Agent's Description
KILLER CHANDLER LOCATION!! Very versatile floor plan with 5 bedrooms + a loft, 3 baths, & 3,500sf. Huge formal living room, dining room, & family room which connects to the completely updated kitchen w/ high-end custom cabinetry, integrated SS appliances, dual sinks, & a large island. Wood look tile t/o the downstairs. Also one bedroom downstairs w/ double doors, perfect for an office. Upstairs is a large loft, 2 large secondary bedrooms, and the master with an updated en-suite bathroom. Huge backyard is great for entertaining and includes a heated pool/spa, large grassy area, concrete slab setup for a sport court, & a large covered patio. Home is right across the street from Desert Breeze Park, super close to Chandler Mall and close vicinity to 3 major freeways. THIS IS THE ONE!
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PRICE & RENT TRENDS
Neighborhood: Carrillo Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Carrillo Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,610 |
| EXPENSES | Loan Payment | -$2,306 |
| Property Tax | -$388 | |
| Property Insurance | -$95 | |
| HOA | -$40 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$318
|
||
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.
$625,000
PROJECTED PRICE
$2,610
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$171,375
LOAN DETAILS
$2,306
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $156,250 |
| Loan Amount | $468,750 |
3
YEARS SAVED
$17,295
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$3,006
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
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4660 W Tyson Street Chandler, AZ 1
- 5 beds 3 baths ∙ 3,485 Sqft ∙ Built 1992 5 beds 3 baths ∙ 3,485 Sqft ∙ Built 1992
- Rent
- Rent Per SQFT
- $0
- $0.00
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5610 W Gail Drive Chandler, AZ 2
- 5 beds 3 baths ∙ 3,266 Sqft ∙ Built 1993 5 beds 3 baths ∙ 3,266 Sqft ∙ Built 1993
LEASED 11/03/19- Rent
- Rent Per SQFT
- $2,600
- $0.80
-
4080 W Linda Lane Chandler, AZ 3
- 5 beds 3 baths ∙ 3,227 Sqft ∙ Built 1995 5 beds 3 baths ∙ 3,227 Sqft ∙ Built 1995
LEASED 05/07/20- Rent
- Rent Per SQFT
- $2,600
- $0.81
-
4746 W Carla Vista Drive Chandler, AZ 4
- 5 beds 3 baths ∙ 3,485 Sqft ∙ Built 1992 5 beds 3 baths ∙ 3,485 Sqft ∙ Built 1992
LEASED 08/12/19- Rent
- Rent Per SQFT
- $2,995
- $0.86
-
5583 W Gary Drive Chandler, AZ 5
- 5 beds 3 baths ∙ 3,266 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,266 Sqft ∙ Built 1994
LEASED 07/17/20- Rent
- Rent Per SQFT
- $3,200
- $0.98
PROPERTY LISTING DETAILS
North & Co
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6148959
Last Updated: 11/25/2020
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.
