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5019 W Chicago Circle 
Chandler, AZ
85226
4 Beds 3 Baths 2,120 sqft
Built 1989
INVESTimate
$380,000
List Price
$106,450
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PROPERTY INFO
FACTS
- Built In 1989
- Price/Sqft : $179.25
- 2 Days on Market
- MLS # : 6119249
- Updated Date : 08/25/2020 at 22:34
CONSTRUCTION
- Beds : 4
- Floor Size : 2,120 sqft
- Baths : 2 full , 1 half
Listing Agent
Long Realty Partners
Listing Agent's Description
GREAT HOME IN A FAMILY NEIGHBORHOOD! VAULTED CEILINGS IN THE LIVING ROOM. STAIR CASE OVER LOOKS THE LIVING ROOM. HUGE KITCHEN WITH FAMILY ROOM AND FIREPLACE. PERFECT FOR ENTERTAINING. ALL BEDROOMS UPSTAIRS. HALF BATH DOWN. LARGE LAUNDRY ROOM. THIS HOME IS CONVENIENTLY LOCATED TO THE FREEWAYS, CHANDLER MALL, RESTAURANTS, INTEL AND MANY MORE ATTRACTIONS TAX RECORD SQUARE FOOTAGE INCORRECT PER INSURANCE COMPANY/OWNER; IT'S has an Aprsl stating square footage is 2120.Tenant rights
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PRICE & RENT TRENDS
Neighborhood: Trade Winds at Twelve Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Trade Winds at Twelve Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,800 |
| EXPENSES | Loan Payment | -$1,402 |
| Property Tax | -$236 | |
| Property Insurance | -$69 | |
| HOA | -$120 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$126
|
||
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.
$380,000
PROJECTED PRICE
$1,800
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.70% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$106,450
LOAN DETAILS
$1,402
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $95,000 |
| Loan Amount | $285,000 |
3.75
YEARS SAVED
$15,715
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,800
LIST RENT -
$0.85
LIST RENT PER SQFT
-
$2,136
COMP ESTIMATED VALUE -
$1.01
COMP AVG. RENT PER SQFT
Comps Range
-
5019 W Chicago Circle Chandler, 2
- 4 beds 3 baths ∙ 2,120 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,120 Sqft ∙ Built 1989
- Rent
- Rent Per SQFT
- $1,800
- $0.85
-
5093 W Buffalo Street Chandler, 1
- 4 beds 3 baths ∙ 1,928 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,928 Sqft ∙ Built 1994
LEASED 08/21/20- Rent
- Rent Per SQFT
- $1,800
- $0.93
-
5149 W Saragosa Street Chandler, 3
- 4 beds 3 baths ∙ 1,931 Sqft ∙ Built 1990 4 beds 3 baths ∙ 1,931 Sqft ∙ Built 1990
LEASED 08/01/20- Rent
- Rent Per SQFT
- $2,000
- $1.04
-
401 S Forest Drive Chandler, 4
- 3 beds 3 baths ∙ 2,185 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,185 Sqft ∙ Built 1995
LEASED 07/15/19- Rent
- Rent Per SQFT
- $2,249
- $1.03
-
5351 W Morgan Place Chandler, 5
- 4 beds 3 baths ∙ 2,319 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,319 Sqft ∙ Built 1997
LEASED 01/20/20- Rent
- Rent Per SQFT
- $2,400
- $1.03
PROPERTY LISTING DETAILS
Long Realty Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6119249
Last Updated: 08/25/2020
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.
