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5931 S White Place Chandler, AZ 85249

6 Beds 4 Baths 3,890 sqft Built 2005

$622,500

List Price

$2,820

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

February 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $160.03
  • 1 Days on Market
  • MLS # : 6194245
  • Updated Date : 02/14/2021 at 05:15
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,890 sqft
  • Baths : 4 full
Listing Agent

Realty Executives

Listing Agent's Description

Gorgeous 6 bedroom plus den BASEMENT home with POOL & 3 car garage! Move-in ready; beautiful wood like tile throughout home, & all new stainless steel kitchen appliances! Main level includes: Master bedroom, 3 bedrooms, 3 full baths, den, formal dining area, laundry, kitchen, & family room. Open concept kitchen to family room! Kitchen has all new appliances, upgraded cabinets, gas range, walk-in pantry, island and eat in area open to family room. Master bedroom has private exit to patio and pool, huge walk in closet & more. Basement includes: Bonus family or media room, 2 other bedrooms and full bath. Resort style backyard with pool, covered patio, RV gate and turf on side yard. Schedule your showing today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k403k

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

Neighborhood: Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10392090

* 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
Carlson Elementary School Primary Unknown 726 39 NA
Payne Junior High School Middle Regular 1,518 70 9
Basha High School High Regular 2,646 125 8

Carlson Elementary School

  • Education Level: Primary
  • # of students: 726
  • # of teachers: 39
NA
GreatSchools Rating

Payne Junior High School

  • Education Level: Middle
  • # of students: 1,518
  • # of teachers: 70
9
GreatSchools Rating

Basha High School

  • Education Level: High
  • # of students: 2,646
  • # of teachers: 125
8
GreatSchools Rating
 

$560,250$684,750$622,500

PURCHASE PRICE

$2,538$3,102$2,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,820
EXPENSES Loan Payment -$2,162
Property Tax -$443
Property Insurance -$103
HOA -$85
Property Management Fees -$99
CASH FLOW
-$72

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.

$622,500

PROJECTED PRICE

$2,820

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$170,713

INVESTMENT

$170,713

Down Payment
$155,625
Rehab Estimate
$5,750
Closing Costs
$9,338

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,162

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $155,625
Loan Amount $466,875
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$27,594

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
  • $2,976

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4003$2,9954$3,0005$3,395
$3,395
RENT COMPS ANALYSIS
  • 5931 S White Place Chandler, AZ 1
    • 6 beds 4 baths ∙ 3,890 Sqft ∙ Built 2005 6 beds 4 baths ∙ 3,890 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4383 E Desert Sands Drive Chandler, AZ 2
    • 5 beds 3 baths ∙ 3,603 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,603 Sqft ∙ Built 2002
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.67
    •  
  • 3932 E San Carlos Place Chandler, AZ 3
    • 5 beds 3 baths ∙ 3,868 Sqft ∙ Built 2015 5 beds 3 baths ∙ 3,868 Sqft ∙ Built 2015
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $0.77
    •  
  • 3760 E Leo Place Chandler, AZ 4
    • 6 beds 4 baths ∙ 3,890 Sqft ∙ Built 2004 6 beds 4 baths ∙ 3,890 Sqft ∙ Built 2004
    LEASED 12/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.77
    •  
  • 2727 E Teakwood Place Chandler, AZ 5
    • 5 beds 4 baths ∙ 4,015 Sqft ∙ Built 2004 5 beds 4 baths ∙ 4,015 Sqft ∙ Built 2004
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,395
    • $0.85
    •  
PROPERTY LISTING DETAILS
Kali N Mattson
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6194245
Last Updated: 02/14/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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