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PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $206.94
- 4 Days on Market
- MLS # : 6162658
- Updated Date : 11/20/2020 at 19:38
CONSTRUCTION
- Beds : 3
- Floor Size : 1,643 sqft
- Baths : 2 full , 1 half
Listing Agent
Hunt Real Estate Era
Listing Agent's Description
Fantastic opportunity to own this 3bed/2.5bath Chandler home in the highly desirable beautiful gated community of Brenna Park with a newly remodeled sparkling pool. Great curb appeal leads you into the light and bright interior featuring soaring vaulted ceilings and a fluid spacious floor plan. Well appointed kitchen with breakfast bar is open to dining. Lovely master bedroom with dual sinks and walk in closet. Step out to your covered back patio and enjoy the grassy backyard. Perfect for pets and play. Easy access to the Chandler Mall, shopping, dining, parks, freeways and all the great East Valley amenities. AC system updated in 2018. Do not miss out on this gem. See it today and make it yours!
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PRICE & RENT TRENDS
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Chandler
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,630 |
| EXPENSES | Loan Payment | -$1,254 |
| Property Tax | -$211 | |
| Property Insurance | -$59 | |
| HOA | -$133 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$127
|
||
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.
$340,000
PROJECTED PRICE
$1,630
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.6% |
| 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
$95,850
LOAN DETAILS
$1,254
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $85,000 |
| Loan Amount | $255,000 |
3.42
YEARS SAVED
$11,557
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,630
LIST RENT -
$0.99
LIST RENT PER SQFT
-
$1,631
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
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75 S Pepperwood Place Chandler, AZ 3
- 3 beds 3 baths ∙ 1,643 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,643 Sqft ∙ Built 2000
- Rent
- Rent Per SQFT
- $1,630
- $0.99
-
23 S Laveen Place Chandler, AZ 1
- 3 beds 3 baths ∙ 1,643 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,643 Sqft ∙ Built 2001
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,550
- $0.94
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3884 W Commonwealth Avenue Chandler, AZ 2
- 3 beds 3 baths ∙ 1,747 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,747 Sqft ∙ Built 2001
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,623
- $0.93
-
3894 W Commonwealth Avenue Chandler, AZ 4
- 3 beds 3 baths ∙ 1,643 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,643 Sqft ∙ Built 2001
LEASED 06/06/20- Rent
- Rent Per SQFT
- $1,750
- $1.07
-
3843 W Commonwealth Avenue Chandler, AZ 5
- 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 2001
LEASED 09/15/20- Rent
- Rent Per SQFT
- $1,800
- $1.03
PROPERTY LISTING DETAILS
Hunt Real Estate Era
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6162658
Last Updated: 11/20/2020
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.
