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
6190 S Turquoise Place 
Chandler, AZ
85249
4 Beds 2 Baths 1,926 sqft
Built 2004
INVESTimate
$410,000
List Price
$114,400
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2004
- Price/Sqft : $212.88
- 2 Days on Market
- MLS # : 6119178
- Updated Date : 08/25/2020 at 15:02
CONSTRUCTION
- Beds : 4
- Floor Size : 1,926 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Inviting single story home, is loaded with upgrades include: New AC, New Pentair Pool pump & air filter, LED lighting w/multicolored lights to enjoy the pool or a soak in the hot tub. New tile around the pool & recently acid washed, New whole air filter system, New fan in Livingroom. 4 bed, 2 full baths, primary bathroom w/double sink, soaking tub, walk in closet, outside door to the pool. 1-bedroom w/built in desk & Murphy bed. Beautiful Chef's Kitchen w/granite countertops, center breakfast island, 1yr-old Samsung refrigerator included, laundry room w/new front-loading Samsung washer & dryer included. Family room has soaring vaulted ceilings & lots of windows & natural light, w/gas fireplace. Mountain views, park across the street & neighbors on north and west side of property onl
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Sun Groves
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun Groves
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,840 |
| EXPENSES | Loan Payment | -$1,513 |
| Property Tax | -$292 | |
| Property Insurance | -$65 | |
| HOA | -$48 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$176
|
||
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.
$410,000
PROJECTED PRICE
$1,840
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.14% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
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 |
3.33
YEARS SAVED
$13,139
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
-
$1,830
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
6190 S Turquoise Place Chandler, 1
- 4 beds 2 baths ∙ 1,926 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,926 Sqft ∙ Built 2004
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
4836 E Thunderbird Drive Chandler, 2
- 4 beds 2 baths ∙ 2,052 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,052 Sqft ∙ Built 2002
![property image]()
LEASED 01/31/20- Rent
- Rent Per SQFT
- $1,849
- $0.90
-
4650 E Peach Tree Drive Chandler, 3
- 4 beds 2 baths ∙ 1,952 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,952 Sqft ∙ Built 2004
![property image]()
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,850
- $0.95
-
4321 E Augusta Avenue Chandler, 4
- 4 beds 2 baths ∙ 1,842 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,842 Sqft ∙ Built 2003
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,850
- $1.00
-
4221 E Augusta Avenue Chandler, 5
- 4 beds 2 baths ∙ 2,049 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,049 Sqft ∙ Built 2003
![property image]()
LEASED 09/01/19- Rent
- Rent Per SQFT
- $1,950
- $0.95
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6119178
Last Updated: 08/25/2020
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.
