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630 W Yellowstone Way Chandler, AZ 85248

4 Beds 3 Baths 2,813 sqft Built 2012

$589,900

List Price

$2,500

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $209.70
  • 4 Days on Market
  • MLS # : 6159568
  • Updated Date : 11/13/2020 at 14:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,813 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty

Listing Agent's Description

Absolutely gorgeous Fulton Ranch home. Beautifully upgraded 3bd+den (or 4th bd) 2.5ba featuring gourmet kitchen with 5 burner gas cook top, double wall ovens, glass back splash & granite counters. Huge island AND buffet counter for catering those large family gatherings. Engineered hard wood plank floors t/o, crown molding in living rm & master. 10' ceilings, 8' doors t/o. Step into your own private back yard oasis w/ outdoor kitchen, gas bbq & sink under permanent gazebo. Family room surround sound extends to patio!! And so much more...

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Fulton Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $122k784k

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

Neighborhood: Fulton Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $10453693

* 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
Fulton Elementary School Primary Regular 995 48 9
Fulton Elementary School Middle Regular 995 48 9
Hamilton High School High Regular 3,740 190 8

Fulton Elementary School

  • Education Level: Primary
  • # of students: 995
  • # of teachers: 48
9
GreatSchools Rating

Fulton Elementary School

  • Education Level: Middle
  • # of students: 995
  • # of teachers: 48
9
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$530,910$648,890$589,900

PURCHASE PRICE

$2,250$2,750$2,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,500
EXPENSES Loan Payment -$2,176
Property Tax -$344
Property Insurance -$82
HOA -$58
Property Management Fees -$99
CASH FLOW
-$259

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$589,900

PROJECTED PRICE

$2,500

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 2.7%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$162,074

INVESTMENT

$162,074

Down Payment
$147,475
Rehab Estimate
$5,750
Closing Costs
$8,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,176

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $147,475
Loan Amount $442,425
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$18,128

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,500

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $2,504

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$2,450
1$2,4502$2,4953$2,5004$2,6005$2,995
$2,995
RENT COMPS ANALYSIS
  • 630 W Yellowstone Way Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,813 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,813 Sqft ∙ Built 2012
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.89
    •  
  • 101 W Coconino Place Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,956 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,956 Sqft ∙ Built 2007
    property image
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.83
    •  
  • 461 W Ebony Way Chandler, AZ 2
    • 4 beds 3 baths ∙ 3,007 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,007 Sqft ∙ Built 1999
    property image
    LEASED 11/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $0.83
    •  
  • 946 W Zion Way Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,948 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,948 Sqft ∙ Built 2017
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.88
    •  
  • 755 W Hemlock Way Chandler, AZ 5
    • 5 beds 3 baths ∙ 2,932 Sqft ∙ Built 1999 5 beds 3 baths ∙ 2,932 Sqft ∙ Built 1999
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $1.02
    •  
PROPERTY LISTING DETAILS
Caroline P Wood
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159568
Last Updated: 11/13/2020
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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