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PROPERTY INFO
FACTS
- Single Family
- Built In 1993
- Price/Sqft : $230.67
- 2 Days on Market
- MLS # : 6165543
- Updated Date : 11/28/2020 at 09:25
CONSTRUCTION
- Beds : 3
- Floor Size : 1,604 sqft
- Baths : 2 full
Listing Agent
Northstar Realty And Investments
Listing Agent's Description
NO HOA!!! Gorgeous home in highly sought after Twelve Oaks neighborhood of Chandler! Home was recently completely remodeled, with new floors, bathrooms, water heater, granite counter tops with backsplash and brand new appliances. You will fall in love with this charming well taken care of home. Master suite has large walk-in shower, and walk-in closet. Oversized backyard features a built in BBQ, covered patio, rejuvenating sparkling salt water pool, beautifully landscaped yard with green grass and plenty of room to stretch out and entertain family and friends. New pool pump installed as well as new filtration system. MUST SEE!!!
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PRICE & RENT TRENDS
Neighborhood: Park at Twelve Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Park at Twelve Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,650 |
| EXPENSES | Loan Payment | -$1,365 |
| Property Tax | -$230 | |
| Property Insurance | -$58 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$103
|
||
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.
$370,000
PROJECTED PRICE
$1,650
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.1% |
| 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
$103,800
LOAN DETAILS
$1,365
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $92,500 |
| Loan Amount | $277,500 |
4.17
YEARS SAVED
$16,958
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
-
$1,644
COMP ESTIMATED VALUE -
$1.03
COMP AVG. RENT PER SQFT
Comps Range
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5051 W Kesler Lane Chandler, AZ 1
- 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1993
- Rent
- Rent Per SQFT
- $0
- $0.00
-
5091 W Kesler Lane Chandler, AZ 2
- 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 1993
LEASED 12/14/19- Rent
- Rent Per SQFT
- $1,510
- $0.94
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5200 W Saragosa Street Chandler, AZ 3
- 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 1991
LEASED 07/24/20- Rent
- Rent Per SQFT
- $1,695
- $1.00
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5003 W Whitten Street Chandler, AZ 4
- 3 beds 3 baths ∙ 1,684 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,684 Sqft ∙ Built 1992
LEASED 12/14/19- Rent
- Rent Per SQFT
- $1,795
- $1.07
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4824 W Folley Street Chandler, AZ 5
- 3 beds 2 baths ∙ 1,649 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,649 Sqft ∙ Built 1987
LEASED 08/18/20- Rent
- Rent Per SQFT
- $1,795
- $1.09
PROPERTY LISTING DETAILS
Northstar Realty And Investments
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165543
Last Updated: 11/28/2020
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.
