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759 E Del Rio Street Chandler, AZ 85225

3 Beds 2 Baths 1,205 sqft Built 1975

$324,900

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 23, 2020 RECENTLY ADDED
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

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chandler

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $115k358k

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

Neighborhood: Chandler

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10392090

* 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
Galveston Elementary School Primary Regular 699 47 3
Willis Junior High School Middle Regular 947 51 6
Chandler High School High Regular 3,176 153 5

Galveston Elementary School

  • Education Level: Primary
  • # of students: 699
  • # of teachers: 47
3
GreatSchools Rating

Willis Junior High School

  • Education Level: Middle
  • # of students: 947
  • # of teachers: 51
6
GreatSchools Rating

Chandler High School

  • Education Level: High
  • # of students: 3,176
  • # of teachers: 153
5
GreatSchools Rating
 

$292,410$357,390$324,900

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$91,849

INVESTMENT

$91,849

Down Payment
$81,225
Rehab Estimate
$5,750
Closing Costs
$4,874

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,199

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $81,225
Loan Amount $243,675
See What Happens When You Reinvest Cash Flow

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
$0
1$02$1,5003$1,5954$1,5955$1,600
$1,600
RENT COMPS ANALYSIS
  • 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
Michelle Biagi Bauer
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174249
Last Updated: 12/23/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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