Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

6072 S Bedford Place Chandler, AZ 85249

2 Beds 2 Baths 2,082 sqft Built 1998

$369,000

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 1998
  • Price/Sqft : $177.23
  • 6 Days on Market
  • MLS # : 6155694
  • Updated Date : 11/03/2020 at 16:36
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,082 sqft
  • Baths : 2 full
Listing Agent

Exp Realty

Listing Agent's Description

Stunning home in the guard gated Springfield adult community. Enter the home trough a custom cast-iron door. This home is perfect for entertaining friends & family. Kitchen is open to the huge great room & has granite counters, tile backsplash, stainless appliances, breakfast bar, pantry & lots of counter space. Master bedroom suite is split from the other bedroom & den and features his & hers closets & double sinks.. Corner lot location with a huge yard, screened in patio & extra patio areas. Oversized laundry with built in desk & storage. Also inside you'll find wood shutters & crown molding throughout. Meet the neighbors while you sit & relax on your front patio. Springfield is a gated community with 2 pools, spa, golf course, tennis, pickle ball, gym, bar/grill & tons of activities.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Springfield

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $109k320k

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

Neighborhood: Springfield

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8671780

* 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
Hull Elementary School Primary Regular 777 45 9
Hull Elementary School Middle Regular 777 45 9
Basha High School High Regular 2,646 125 8

Hull Elementary School

  • Education Level: Primary
  • # of students: 777
  • # of teachers: 45
9
GreatSchools Rating

Hull Elementary School

  • Education Level: Middle
  • # of students: 777
  • # of teachers: 45
9
GreatSchools Rating

Basha High School

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

$332,100$405,900$369,000

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$1,361
Property Tax -$263
Property Insurance -$68
HOA -$20
Property Management Fees -$99
CASH FLOW
-$231

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.

$369,000

PROJECTED PRICE

$1,580

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.1%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$103,535

INVESTMENT

$103,535

Down Payment
$92,250
Rehab Estimate
$5,750
Closing Costs
$5,535

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,361

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $92,250
Loan Amount $276,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$8,589

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
  • $1,749

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,4004$1,6505$1,825
$1,825
RENT COMPS ANALYSIS
  • 6072 S Bedford Place Chandler, AZ 1
    • 2 beds 2 baths ∙ 2,082 Sqft ∙ Built 1998 2 beds 2 baths ∙ 2,082 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1943 E Torrey Pines Lane Chandler, AZ 2
    • 2 beds 2 baths ∙ 1,841 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,841 Sqft ∙ Built 1992
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.65
    •  
  • 26624 S Carrera Court Sun Lakes, AZ 3
    • 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1993
    LEASED 08/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.81
    •  
  • 24824 S Foxglenn Drive Sun Lakes, AZ 4
    • 2 beds 2 baths ∙ 1,763 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,763 Sqft ∙ Built 1993
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.94
    •  
  • 10710 E Voax Drive Sun Lakes, AZ 5
    • 2 beds 2 baths ∙ 1,910 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,910 Sqft ∙ Built 1992
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.96
    •  
PROPERTY LISTING DETAILS
Carol Gruber
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155694
Last Updated: 11/03/2020
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.

BESbswy