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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $212.66
- 2 Days on Market
- MLS # : 6176034
- Updated Date : 01/02/2021 at 15:56
CONSTRUCTION
- Beds : 3
- Floor Size : 1,928 sqft
- Baths : 2 full , 1 half
Listing Agent
Hometown Usa, Llc
Listing Agent's Description
Fulton home on corner lot in the coveted Twelve Oaks offers you 1928 square feet of living space. 3 spacious bedrooms, loft, living/dining area plus great room with cozy fireplace, and stainless steel appliances, pantry in kitchen. New carpet and fresh exterior paint in 2020. Owned RO and soft water systems, soaring ceilings, fans and 2'' blinds. Half bath and laundry downstairs. Out back you will find a well-maintained pool with plenty of space for lounge chairs and grassy area for your four-legged friends with a shed as well. Out front enjoy desert/grass landscaping with a beautiful Saguaro cactus and a lengthy driveway. Green belt across the street. Close proximity to 1-10,101/202 freeways, South Mtn Regional Park, Chandler Mall, Intel, Price Rd. tech corridor and much more!
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PRICE & RENT TRENDS
Neighborhood: North Commonwealth
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North Commonwealth
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,690 |
| EXPENSES | Loan Payment | -$1,513 |
| Property Tax | -$255 | |
| Property Insurance | -$65 | |
| HOA | -$15 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$257
|
||
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.
$410,000
PROJECTED PRICE
$1,690
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$114,400
LOAN DETAILS
$1,513
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $102,500 |
| Loan Amount | $307,500 |
2.58
YEARS SAVED
$9,898
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,690
LIST RENT -
$0.88
LIST RENT PER SQFT
-
$1,841
COMP ESTIMATED VALUE -
$0.96
COMP AVG. RENT PER SQFT
Comps Range
-
5231 W Glenview Place Chandler, AZ 1
- 3 beds 3 baths ∙ 1,928 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,928 Sqft ∙ Built 1995
- Rent
- Rent Per SQFT
- $1,690
- $0.88
-
5724 W El Lago Street Chandler, AZ 2
- 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 1986
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,700
- $0.91
-
5093 W Buffalo Street Chandler, AZ 3
- 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
-
4719 W Tulsa Street Chandler, AZ 4
- 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
-
4612 W Jupiter Way Chandler, AZ 5
- 4 beds 3 baths ∙ 2,004 Sqft ∙ Built 1983 4 beds 3 baths ∙ 2,004 Sqft ∙ Built 1983
LEASED 03/11/20- Rent
- Rent Per SQFT
- $1,900
- $0.95
PROPERTY LISTING DETAILS
Hometown Usa, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6176034
Last Updated: 01/02/2021
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.
