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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $238.60
- 6 Days on Market
- MLS # : 6174172
- Updated Date : 12/29/2020 at 11:03
CONSTRUCTION
- Beds : 3
- Floor Size : 1,676 sqft
- Baths : 2 full
Listing Agent
Arizona United Realty
Listing Agent's Description
Welcome Home! Immaculate 3bd, 2ba in highly sought out area of Chandler. Walk to Intel and highly rated Kyrene schools. Minutes from restaurants, Chandler Mall and easy access to 101, 202, I-10 freeways. Large open floor plan with vaulted ceilings, blinds and ceiling fans throughout, and plenty of cabinet space. Roomy master boasts two closets, separate tub and shower, and double sink vanity. All windows in master suite have powered roller shields. Impeccable low maintenance landscaping in front and spacious back with lush citrus tree. Upgraded insulation in garage, NEW interior paint, NEW flooring in living room, NEW HVAC coil in attic, tiles in all right places. Better hurry, this is a rare find!
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PRICE & RENT TRENDS
Neighborhood: Driftwood Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Driftwood Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,880 |
| EXPENSES | Loan Payment | -$1,475 |
| Property Tax | -$249 | |
| Property Insurance | -$60 | |
| HOA | -$51 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$54
|
||
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.
$399,900
PROJECTED PRICE
$1,880
PROJECTED RENT
0.47%
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
$111,724
LOAN DETAILS
$1,475
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $99,975 |
| Loan Amount | $299,925 |
4.58
YEARS SAVED
$22,354
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,880
LIST RENT -
$1.12
LIST RENT PER SQFT
-
$1,869
COMP ESTIMATED VALUE -
$1.12
COMP AVG. RENT PER SQFT
Comps Range
-
5431 W Jupiter Way Chandler, AZ 3
- 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 1996
![property image]()
- Rent
- Rent Per SQFT
- $1,880
- $1.12
-
5469 W Milky Way Chandler, AZ 1
- 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 1996
![property image]()
LEASED 04/13/20- Rent
- Rent Per SQFT
- $1,795
- $1.07
-
150 N Bradley Drive Chandler, AZ 2
- 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 1995
![property image]()
LEASED 08/01/20- Rent
- Rent Per SQFT
- $1,800
- $1.11
-
175 S Fir Street Chandler, AZ 4
- 3 beds 2 baths ∙ 1,781 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,781 Sqft ∙ Built 1985
![property image]()
LEASED 12/28/20- Rent
- Rent Per SQFT
- $1,895
- $1.06
-
90 S Pineview Place Chandler, AZ 5
- 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 1997
![property image]()
LEASED 08/01/20- Rent
- Rent Per SQFT
- $2,050
- $1.22
PROPERTY LISTING DETAILS
Arizona United Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174172
Last Updated: 12/29/2020
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.
