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6510 S Pebble Beach Drive Chandler, AZ 85249

2 Beds 2 Baths 1,065 sqft Built 1991

$299,900

List Price

$1,460

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

February 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $281.60
  • 6 Days on Market
  • MLS # : 6188581
  • Updated Date : 02/05/2021 at 14:38
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,065 sqft
  • Baths : 2 full
Listing Agent

Mahoney Properties

Listing Agent's Description

RARE FIND IN THE WELL SOUGHT AFTER SUNBIRD GOLF RESORT COMMUNITY. WELL BUILT, GREAT INVESTMENT, PRICED ACCORDINGLY HOME NEEDS UPGRADES. TWO BEDROOMS AND TWO BATH HOME. OPEN FLOOR PLAN. GREAT ROOM AND DINING ROOM COMBINATION. THIS HOME ASLO FEATURES SEPARATE AREA FOR ANOTHER DINING TABLE OR OFFICE AREA. METAL OUTDOOR CATCUS DECOR DOES NOT COVEY. AMMENTIES INCLUDES GOLF COURSE, TWO SWIMMING POOLS, TENNIS AND PICKLE BALL, RESTURANT AND BAR, HORSE SHOE PITS, SHUFFLE BOARD, POST OFFICE AND MUCH MUCH MORE!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sunbird Golf Resort

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $83k320k

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

Neighborhood: Sunbird Golf Resort

NeighborhoodNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400150016001700Rent in $7781780

* 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
Santan Junior High School Middle Regular 1,291 60 9
Basha High School High Regular 2,646 125 8

Santan Junior High School

  • Education Level: Middle
  • # of students: 1,291
  • # of teachers: 60
9
GreatSchools Rating

Basha High School

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

$269,910$329,890$299,900

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,460
EXPENSES Loan Payment -$1,042
Property Tax -$214
Property Insurance -$48
HOA -$14
Property Management Fees -$99
CASH FLOW
$44

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.

$299,900

PROJECTED PRICE

$1,460

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 6.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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-$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$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$21,151

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,460

    LIST RENT
  • $1.37

    LIST RENT PER SQFT
  • $1,459

    COMP ESTIMATED VALUE
  • $1.37

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,4003$1,4254$1,4605$1,600
$1,600
RENT COMPS ANALYSIS
  • 6510 S Pebble Beach Drive Chandler, AZ 4
    • 2 beds 2 baths ∙ 1,065 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,065 Sqft ∙ Built 1991
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $1.37
    •  
  • 6500 S Cypress Point Drive Chandler, AZ 1
    • 2 beds 2 baths ∙ 974 Sqft ∙ Built 1992 2 beds 2 baths ∙ 974 Sqft ∙ Built 1992
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.33
    •  
  • 1464 E Runaway Bay Drive Chandler, AZ 2
    • 2 beds 2 baths ∙ 1,072 Sqft ∙ Built 1999 2 beds 2 baths ∙ 1,072 Sqft ∙ Built 1999
    property image
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.31
    •  
  • 1472 E Waterview Place Chandler, AZ 3
    • 2 beds 2 baths ∙ 1,072 Sqft ∙ Built 1999 2 beds 2 baths ∙ 1,072 Sqft ∙ Built 1999
    property image
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $1.33
    •  
  • 1485 E Runaway Bay Drive Chandler, AZ 5
    • 2 beds 2 baths ∙ 1,060 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,060 Sqft ∙ Built 1998
    property image
    LEASED 12/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.51
    •  
PROPERTY LISTING DETAILS
Alicia Dalmolin
Mahoney Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188581
Last Updated: 02/05/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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