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6467 S Pinaleno Place Chandler, AZ 85249

2 Beds 2 Baths 1,158 sqft Built 2003

$272,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $234.89
  • 2 Days on Market
  • MLS # : 6163482
  • Updated Date : 11/21/2020 at 08:38
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,158 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Aptly named, this ever-so-popular Retreat plan makes an ideal seasonal or all-year retreat. Love the open kitchen, great room, dining area of this split 2-bedroom plan with vaulted ceilings for a spacious feel & upgraded with plantation shutters throughout & newer HVAC. Kitchen is open & upgraded with pendant lighting, cabinet pull-outs, pantry & all appliances included - even the washer, dryer & fridge. Pets will love the block/wrought iron enclosed backyard w/covered patio & easy-to-care-for landscaping. Enjoy a walk-in closet & 2 sinks in the master suite. Add your new interior paint/carpets & move in. All this in popular, gated Solera with 24k sq ft rec ctr, lighted tennis & pickleball courts, 2 heated pools/spas, fitness, billiards, & more. Enjoy your active adult lifestyle

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Solera Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $109k341k

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

Neighborhood: Solera Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700Rent in $10181780

* 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
Navarrete Elementary School Primary Regular 845 45 9
Navarrete Elementary School Middle Regular 845 45 9
Basha High School High Regular 2,646 125 8

Navarrete Elementary School

  • Education Level: Primary
  • # of students: 845
  • # of teachers: 45
9
GreatSchools Rating

Navarrete Elementary School

  • Education Level: Middle
  • # of students: 845
  • # of teachers: 45
9
GreatSchools Rating

Basha High School

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

$244,800$299,200$272,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$1,004
Property Tax -$194
Property Insurance -$50
HOA -$21
Property Management Fees -$99
CASH FLOW
$23

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.

$272,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.6%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,830

INVESTMENT

$77,830

Down Payment
$68,000
Rehab Estimate
$5,750
Closing Costs
$4,080

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,004

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,000
Loan Amount $204,000
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$22,107

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
  • $1,384

    COMP ESTIMATED VALUE
  • $1.2

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,4254$1,5005$1,500
$1,500
RENT COMPS ANALYSIS
  • 6467 S Pinaleno Place Chandler, AZ 1
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6337 S Pinaleno Place Chandler, AZ 2
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 2002 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 2002
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.12
    •  
  • 3579 E Hazeltine Way Chandler, AZ 3
    • 2 beds 2 baths ∙ 1,149 Sqft ∙ Built 2004 2 beds 2 baths ∙ 1,149 Sqft ∙ Built 2004
    property image
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $1.24
    •  
  • 6427 S Pinaleno Place Chandler, AZ 4
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 2002 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 2002
    property image
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.30
    •  
  • 3173 E Peach Tree Drive Chandler, AZ 5
    • 2 beds 2 baths ∙ 1,344 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,344 Sqft ∙ Built 2003
    property image
    LEASED 10/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.12
    •  
PROPERTY LISTING DETAILS
Lauren Sato
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163482
Last Updated: 11/21/2020
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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