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4811 W Oakland Street Chandler, AZ 85226

3 Beds 2 Baths 1,814 sqft Built 1992

$385,000

List Price

$1,720

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $212.24
  • 17 Days on Market
  • MLS # : 6154094
  • Updated Date : 12/05/2020 at 12:43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,814 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty East Valley

PRICE & RENT TRENDS

Neighborhood: Carrillo Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k420k

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

Neighborhood: Carrillo Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Kyrene De Las Brisas School Primary Regular 785 41 9
Kyrene Aprende Middle School Middle Regular 1,040 56 9
Corona Del Sol High School High Regular 2,781 114 7

Kyrene De Las Brisas School

  • Education Level: Primary
  • # of students: 785
  • # of teachers: 41
9
GreatSchools Rating

Kyrene Aprende Middle School

  • Education Level: Middle
  • # of students: 1,040
  • # of teachers: 56
9
GreatSchools Rating

Corona Del Sol High School

  • Education Level: High
  • # of students: 2,781
  • # of teachers: 114
7
GreatSchools Rating
 

$346,500$423,500$385,000

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,720
EXPENSES Loan Payment -$1,420
Property Tax -$239
Property Insurance -$63
HOA -$40
Property Management Fees -$99
CASH FLOW
-$141

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.

$385,000

PROJECTED PRICE

$1,720

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

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

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$107,775

INVESTMENT

$107,775

Down Payment
$96,250
Rehab Estimate
$5,750
Closing Costs
$5,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,420

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $96,250
Loan Amount $288,750
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$14,457

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,720

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,814

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,7203$1,7954$1,8005$1,895
$1,895
RENT COMPS ANALYSIS
  • 4811 W Oakland Street Chandler, AZ 2
    • 3 beds 2 baths ∙ 1,814 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,814 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $1,720
    • $0.95
    •  
  • 4550 W Joshua Boulevard Chandler, AZ 1
    • 3 beds 3 baths ∙ 1,730 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,730 Sqft ∙ Built 1992
    LEASED 01/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.95
    •  
  • 701 N Stanley Place Chandler, AZ 3
    • 3 beds 3 baths ∙ 1,730 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,730 Sqft ∙ Built 1992
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.04
    •  
  • 4862 W Oakland Street Chandler, AZ 4
    • 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1993
    LEASED 09/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.98
    •  
  • 4719 W Tulsa Street Chandler, AZ 5
    • 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1993
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.03
    •  
PROPERTY LISTING DETAILS
Azia Coleman
Keller Williams Realty East Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154094
Last Updated: 12/05/2020
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.

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