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6750 S Amethyst Drive Chandler, AZ 85249

4 Beds 3 Baths 2,376 sqft Built 2005

$499,000

List Price

$2,140

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
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.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun Groves

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Sun Groves

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
 

$449,100$548,900$499,000

PURCHASE PRICE

$1,926$2,354$2,140

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$137,985

INVESTMENT

$137,985

Down Payment
$124,750
Rehab Estimate
$5,750
Closing Costs
$7,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,733

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,750
Loan Amount $374,250
See What Happens When You Reinvest Cash Flow

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
$2,140
1$2,1402$2,3003$2,3954$2,4955$2,550
$2,550
RENT COMPS ANALYSIS
  • 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
Rhonda L Montero
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184703
Last Updated: 01/23/2021
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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