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

900 S 94th Street #1066 Chandler, AZ 85224

2 Beds 3 Baths 1,100 sqft Built 2008

$275,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $250.00
  • 2 Days on Market
  • MLS # : 6165581
  • Updated Date : 11/28/2020 at 12:14
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,100 sqft
  • Baths : 2 full , 1 half
Listing Agent

Paramount Property Services, Llc

Listing Agent's Description

Beautiful and Bright end unit, well maintained and lots of upgrades. The gated entrance, pool and lots of green area make this community a perfect fit for anyone looking for a low maintenance lifestyle. This highly desirable end unit features two master bedrooms, 2.5 bathrooms and a great room. NEW interior paint. Updated kitchen with Samsung stainless steel appliances, granite counter top with and refinished cabinets. All three bathrooms are nicely upgraded. Upgraded textured tile flooring through out, no carpet. This home has a two car garage with lots of room for storage with direct access to the unit. This beautiful gated community features two pools, playground, and is close to the Chandler Mall Shopping and dining district and easy access to Loop 101 & 202.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Via de Cielo

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $107k358k

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

Neighborhood: Via de Cielo

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9951981

* 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
Conley Elementary School Primary Regular 764 43 5
Andersen Junior High School Middle Regular 924 47 6
Hamilton High School High Regular 3,740 190 8

Conley Elementary School

  • Education Level: Primary
  • # of students: 764
  • # of teachers: 43
5
GreatSchools Rating

Andersen Junior High School

  • Education Level: Middle
  • # of students: 924
  • # of teachers: 47
6
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$1,015
Property Tax -$160
Property Insurance -$49
HOA -$200
Property Management Fees -$99
CASH FLOW
-$132

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.

$275,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 8.3%
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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,015

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

2.58

YEARS SAVED

$6,774

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
  • $1,383

    COMP ESTIMATED VALUE
  • $1.26

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3503$1,4004$1,4005$1,495
$1,495
RENT COMPS ANALYSIS
  • 900 S 94th Street #1066 Chandler, AZ 1
    • 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2008 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 900 S 94th Street #1084 Chandler, AZ 2
    • 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2008 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2008
    LEASED 12/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.23
    •  
  • 900 S 94th -- #1167 Chandler, AZ 3
    • 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2012 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2012
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.27
    •  
  • 900 S 94th Street #1085 Chandler, AZ 4
    • 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2008 2 beds 3 baths ∙ 1,100 Sqft ∙ Built 2008
    LEASED 12/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.27
    •  
  • 900 S 94th Street #1195 Chandler, AZ 5
    • 2 beds 2 baths ∙ 1,182 Sqft ∙ Built 2009 2 beds 2 baths ∙ 1,182 Sqft ∙ Built 2009
    LEASED 09/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.26
    •  
PROPERTY LISTING DETAILS
Gaeun Gina Dow
Paramount Property Services, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165581
Last Updated: 11/28/2020
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.

BESbswy