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931 N Oxford Lane Chandler, AZ 85225

3 Beds 2 Baths 2,135 sqft Built 1990

$500,000

List Price

$1,900

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $234.19
  • 4 Days on Market
  • MLS # : 6195546
  • Updated Date : 03/12/2021 at 18:48
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,135 sqft
  • Baths : 2 full
Listing Agent

Exp Realty

Listing Agent's Description

Incredible move-in-ready Chandler home available on nearly 1/3-acre corner lot in Superstition Ranch. Beautiful inside and out with impressive curb appeal, a 3-car garage, RV gate, and vaulted ceilings. Flowing floorplan offers 3 bedrooms, 2 bathrooms, a formal living/dining area, a den, and a separate open concept family room with a charming stone fireplace. Stylish granite kitchen features ss appliances, granite counters, custom cabinetry, and an island w/ breakfast bar. Double door entry to the inviting owner's suite enhanced with a bay window, a lavish ensuite, and a private exit to the backyard. Master walk-in shower includes multiple shower heads and beautiful tile. The backyard is an amazing entertaining space complete with a covered patio, a fabulous pool gazebo w/ built-in BBQ.

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
Willis Junior High School Middle Regular 947 51 6
Chandler High School High Regular 3,176 153 5

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
 

$450,000$550,000$500,000

PURCHASE PRICE

$1,710$2,090$1,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,900
EXPENSES Loan Payment -$1,737
Property Tax -$291
Property Insurance -$69
HOA -$16
Property Management Fees -$99
CASH FLOW
-$311

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.

$500,000

PROJECTED PRICE

$1,900

PROJECTED RENT

0.38%

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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$138,250

INVESTMENT

$138,250

Down Payment
$125,000
Rehab Estimate
$5,750
Closing Costs
$7,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,737

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $125,000
Loan Amount $375,000
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$7,813

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,900

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $2,114

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$1,900
1$1,9002$2,1003$2,1454$2,1755$2,400
$2,400
RENT COMPS ANALYSIS
  • 931 N Oxford Lane Chandler, AZ 1
    • 3 beds 2 baths ∙ 2,135 Sqft ∙ Built 1990 3 beds 2 baths ∙ 2,135 Sqft ∙ Built 1990
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.89
    •  
  • 1420 W Sherri Drive Gilbert, AZ 2
    • 4 beds 2 baths ∙ 2,282 Sqft ∙ Built 1989 4 beds 2 baths ∙ 2,282 Sqft ∙ Built 1989
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.92
    •  
  • 1551 E Shannon Street Chandler, AZ 3
    • 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 1997 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 1997
    property image
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,145
    • $1.04
    •  
  • 912 E Baylor Lane Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,258 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,258 Sqft ∙ Built 1995
    property image
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,175
    • $0.96
    •  
  • 1933 E Baylor Court Chandler, AZ 5
    • 4 beds 3 baths ∙ 2,316 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,316 Sqft ∙ Built 1992
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.04
    •  
PROPERTY LISTING DETAILS
Kodi K Riddle
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6195546
Last Updated: 03/12/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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