Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1987
- Price/Sqft : $204.70
- 4 Days on Market
- MLS # : 6167134
- Updated Date : 12/05/2020 at 22:35
CONSTRUCTION
- Beds : 3
- Floor Size : 1,490 sqft
- Baths : 3 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Great curb appeal for this lovely 3 bed, 3 bath corner lot home! Thirty year+ owners who have maintained the home with love! Open concept downstairs space with vaulted ceilings. The family room has a cozy fireplace & double French doors to patio. The eat-in kitchen has views of yard, stainless appliances & pantry. First master bedroom downstairs with private entrance & full bath. Second bedrm with full bath downstairs. Another master bedroom upstairs as well with ensuite. The backyard has a covered patio and beautiful shade trees! Neighborhood thru street behind home. Backyard includes additional 4' compared to other homes in neighborhood. Quiet, well maintained community has city park & pool. Close to Kyrene district elementary & high school, shopping and easy access to major freeways!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Dawn
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Dawn
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,560 |
| EXPENSES | Loan Payment | -$1,125 |
| Property Tax | -$190 | |
| Property Insurance | -$56 | |
| HOA | -$102 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$12
|
||
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.
$305,000
PROJECTED PRICE
$1,560
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.8% |
| 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
$86,575
LOAN DETAILS
$1,125
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $76,250 |
| Loan Amount | $228,750 |
5.08
YEARS SAVED
$18,710
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,560
LIST RENT -
$1.05
LIST RENT PER SQFT
-
$1,784
COMP ESTIMATED VALUE -
$1.2
COMP AVG. RENT PER SQFT
Comps Range
-
843 N Kenneth Place Chandler, AZ 1
- 3 beds 3 baths ∙ 1,490 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,490 Sqft ∙ Built 1987
![property image]()
- Rent
- Rent Per SQFT
- $1,560
- $1.05
-
4575 W Harrison Street Chandler, AZ 2
- 3 beds 3 baths ∙ 1,425 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,425 Sqft ∙ Built 1986
![property image]()
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,625
- $1.14
-
4682 W Harrison Street Chandler, AZ 3
- 3 beds 2 baths ∙ 1,356 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,356 Sqft ∙ Built 1986
![property image]()
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,650
- $1.22
-
4557 W Ivanhoe Street Chandler, AZ 4
- 3 beds 3 baths ∙ 1,390 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,390 Sqft ∙ Built 1986
![property image]()
LEASED 12/02/20- Rent
- Rent Per SQFT
- $1,700
- $1.22
-
4781 W Harrison Street Chandler, AZ 5
- 3 beds 2 baths ∙ 1,614 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,614 Sqft ∙ Built 1994
![property image]()
LEASED 05/30/20- Rent
- Rent Per SQFT
- $1,950
- $1.21
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6167134
Last Updated: 12/05/2020
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.
