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5231 W Glenview Place Chandler, AZ 85226

3 Beds 3 Baths 1,928 sqft Built 1995

$410,000

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 02, 2021 RECENTLY ADDED
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!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: North Commonwealth

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $109k320k

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

Neighborhood: North Commonwealth

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9881780

* 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 La Paloma School Primary Regular 502 30 8
Kyrene Del Pueblo Middle School Middle Regular 829 50 8
Corona Del Sol High School High Regular 2,781 114 7

Kyrene De La Paloma School

  • Education Level: Primary
  • # of students: 502
  • # of teachers: 30
8
GreatSchools Rating

Kyrene Del Pueblo Middle School

  • Education Level: Middle
  • # of students: 829
  • # of teachers: 50
8
GreatSchools Rating

Corona Del Sol High School

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

$369,000$451,000$410,000

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$114,400

INVESTMENT

$114,400

Down Payment
$102,500
Rehab Estimate
$5,750
Closing Costs
$6,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,513

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $102,500
Loan Amount $307,500
See What Happens When You Reinvest Cash Flow

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
$1,690
1$1,6902$1,7003$1,8004$1,8955$1,900
$1,900
RENT COMPS ANALYSIS
  • 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
Margery B. Wilson
Hometown Usa, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176034
Last Updated: 01/02/2021
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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