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629 W Dublin Street Chandler, AZ 85225

4 Beds 3 Baths 1,755 sqft Built 1960

$381,100

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1960
  • Price/Sqft : $217.15
  • 5 Days on Market
  • MLS # : 6151342
  • Updated Date : 11/02/2020 at 21:59
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,755 sqft
  • Baths : 3 full
Listing Agent

Nexgen Real Estate

Listing Agent's Description

BEST value in Chandler!! Completely gutted and remodeled home with new AC, new roof, new kitchen cabinets and counters, new bathrooms, new water heater and breaker panel, upgraded LED lighting, plank tile flooring, energy efficient windows and new lush green grass not to mention the beautiful open floor plan! The main home features 4 bed/2 bath and the detached guest home features Office/bath that could be used as a room, great for out of town guests! Includes brand new stainless steel whirlpool appliance package and washer/dryer. Prime location with proximity to great schools and NO HOA!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $115k358k

* 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
Hartford Sylvia Encinas Elementary School Primary Regular 756 40 3
Andersen Junior High School Middle Regular 924 47 6
Chandler High School High Regular 3,176 153 5

Hartford Sylvia Encinas Elementary School

  • Education Level: Primary
  • # of students: 756
  • # of teachers: 40
3
GreatSchools Rating

Andersen Junior High School

  • Education Level: Middle
  • # of students: 924
  • # of teachers: 47
6
GreatSchools Rating

Chandler High School

  • Education Level: High
  • # of students: 3,176
  • # of teachers: 153
5
GreatSchools Rating
 

$342,990$419,210$381,100

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$1,406
Property Tax -$222
Property Insurance -$61
Property Management Fees -$99
CASH FLOW
-$278

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.

$381,100

PROJECTED PRICE

$1,510

PROJECTED RENT

0.40%

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

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$106,742

INVESTMENT

$106,742

Down Payment
$95,275
Rehab Estimate
$5,750
Closing Costs
$5,717

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,406

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $95,275
Loan Amount $285,825
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$6,236

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,510

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $1,615

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4953$1,5104$1,7005$1,795
$1,795
RENT COMPS ANALYSIS
  • 629 W Dublin Street Chandler, AZ 3
    • 4 beds 3 baths ∙ 1,755 Sqft ∙ Built 1960 4 beds 3 baths ∙ 1,755 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.86
    •  
  • 891 N Dakota Street Chandler, AZ 1
    • 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 1958
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.87
    •  
  • 551 W Gail Drive Chandler, AZ 2
    • 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 1971
    LEASED 12/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.91
    •  
  • 1351 N Peden Circle Chandler, AZ 4
    • 4 beds 2 baths ∙ 1,940 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,940 Sqft ∙ Built 1979
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.88
    •  
  • 966 N Dakota Street Chandler, AZ 5
    • 4 beds 2 baths ∙ 1,754 Sqft ∙ Built 1958 4 beds 2 baths ∙ 1,754 Sqft ∙ Built 1958
    LEASED 09/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.02
    •  
PROPERTY LISTING DETAILS
Mahdi H. Lasker
Nexgen Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151342
Last Updated: 11/02/2020
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.

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