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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $210.02
- 3 Days on Market
- MLS # : 6184703
- Updated Date : 01/23/2021 at 03:10
CONSTRUCTION
- Beds : 4
- Floor Size : 2,376 sqft
- Baths : 2 full , 1 half
Listing Agent
West Usa Realty
Listing Agent's Description
Located in Chandler, this 4 bed, 2.5 bath property boasts desert landscaping, a 2 car garage with cabinets and RV gate. The lavish interior is just as impressive, featuring large dining and living areas, a cozy den, fireplace, and plantation shutters throughout. The fabulous kitchen is comprised of staggered cabinetry w/ crown molding, granite countertops, tile backsplash, stainless steel appliances, and an island with breakfast bar. Check out the grandiose master bedroom, which boasts a private exit, a spacious walk-in closet, and a full bath with double sinks, not to mention separate tub and shower. Also including a stunning backyard with a covered patio, a refreshing pool/spa combo, and even a putting green. Patio has a brand new 15x15 automatic sunshade. This home has it all.
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,140 |
| EXPENSES | Loan Payment | -$1,733 |
| Property Tax | -$355 | |
| Property Insurance | -$74 | |
| HOA | -$16 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$137
|
||
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.
$499,000
PROJECTED PRICE
$2,140
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$137,985
LOAN DETAILS
$1,733
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $124,750 |
| Loan Amount | $374,250 |
3.67
YEARS SAVED
$17,251
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,140
LIST RENT -
$0.9
LIST RENT PER SQFT
-
$2,317
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
-
6750 S Amethyst Drive Chandler, AZ 1
- 4 beds 3 baths ∙ 2,376 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,376 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $2,140
- $0.90
-
4075 E Bellerive Drive Chandler, AZ 2
- 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2007
LEASED 10/19/20- Rent
- Rent Per SQFT
- $2,300
- $0.93
-
3876 E Scorpio Place Chandler, AZ 3
- 4 beds 2 baths ∙ 2,490 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,490 Sqft ∙ Built 2005
LEASED 10/01/20- Rent
- Rent Per SQFT
- $2,395
- $0.96
-
4168 E Peach Tree Drive Chandler, AZ 4
- 4 beds 2 baths ∙ 2,475 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,475 Sqft ∙ Built 2004
LEASED 07/06/20- Rent
- Rent Per SQFT
- $2,495
- $1.01
-
4234 E Gleneagle Drive Chandler, AZ 5
- 4 beds 3 baths ∙ 2,560 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,560 Sqft ∙ Built 2004
LEASED 09/01/20- Rent
- Rent Per SQFT
- $2,550
- $1.00
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6184703
Last Updated: 01/23/2021
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.
