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PROPERTY INFO
FACTS
- Single Family
- Built In 1975
- Price/Sqft : $269.63
- 5 Days on Market
- MLS # : 6174249
- Updated Date : 12/23/2020 at 16:48
CONSTRUCTION
- Beds : 3
- Floor Size : 1,205 sqft
- Baths : 2 full
Listing Agent
Realty Executives
Listing Agent's Description
Complete remodel in the heart of Chandler! Oversized North/South facing lot including a large sparkling pool, covered patio, lush new grass, new custom pavers and new granite. Everything is BRAND NEW! Beautiful luxury vinyl flooring throughout, plush carpet in bedrooms, new dual pane low e windows, new window coverings, new doors throughout, new insulation, new R-8 flex air ducting throughout entire home, new drywall, new baseboards, new interior & exterior paint, new toilets, new vanities, new bathroom & kitchen cabinets, new bathroom tile surrounds, new stainless steel appliances in kitchen, new water heater, new pool filter, new pool pump, new pool decking, new pool surfacing, new front and back landscaping, new sand finish stucco on entire exterior of the home, new paint on back block
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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 | $1,490 |
| EXPENSES | Loan Payment | -$1,199 |
| Property Tax | -$189 | |
| Property Insurance | -$51 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$48
|
||
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.
$324,900
PROJECTED PRICE
$1,490
PROJECTED RENT
0.46%
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
$91,849
LOAN DETAILS
$1,199
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $81,225 |
| Loan Amount | $243,675 |
4.83
YEARS SAVED
$18,667
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
-
$1,322
COMP ESTIMATED VALUE -
$1.1
COMP AVG. RENT PER SQFT
Comps Range
-
759 E Del Rio Street Chandler, AZ 1
- 3 beds 2 baths ∙ 1,205 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,205 Sqft ∙ Built 1975
- Rent
- Rent Per SQFT
- $0
- $0.00
-
144 S Kingston Street Chandler, AZ 2
- 3 beds 2 baths ∙ 1,428 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,428 Sqft ∙ Built 1994
LEASED 07/13/19- Rent
- Rent Per SQFT
- $1,500
- $1.05
-
1690 E Countrywalk Lane Chandler, AZ 3
- 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1994
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,595
- $1.11
-
1090 E Jupiter Place Chandler, AZ 4
- 3 beds 2 baths ∙ 1,444 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,444 Sqft ∙ Built 1995
LEASED 11/17/20- Rent
- Rent Per SQFT
- $1,595
- $1.10
-
694 E Sheffield Avenue Chandler, AZ 5
- 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1995
LEASED 11/01/20- Rent
- Rent Per SQFT
- $1,600
- $1.13
PROPERTY LISTING DETAILS
Realty Executives
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174249
Last Updated: 12/23/2020
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.
