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99 N Hamilton Street Chandler, AZ 85225

4 Beds 3 Baths 1,748 sqft Built 1963

INVESTimate

$349,000

List Price

$1,500

$1,350 - $1,650

Rent Est.

$373,430  ( +7.00%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1963
  • Price/Sqft : $199.66
  • 6 Days on Market
  • MLS # : 6120492
  • Updated Date : 08/24/2020 at 16:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,748 sqft
  • Baths : 3 full
Listing Agent

Perfect Choice Real Estate

Listing Agent's Description

FULL Remodel remarkable single level property, Fantastic 4- Bedroom 3- Bath , Home was renovated with New Roof, new Air conditioner , New Dual pane windows, New Plumbing, New Electrical ,New Flooring, New kitchen with New Cabinetry with Granite Counters,-Tops, new Bathroom's fixture and cabinets with Marble tops.2-Master Bedrooms ,New light Fixtures, Fans in bed/rooms. +Much More must see.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pamela Park

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260k280k300k320kPrice in $78k320k

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

Neighborhood: Pamela Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400150016001700Rent in $7701780

* 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
Frye Elementary School Primary Regular 633 39 3
Willis Junior High School Middle Regular 947 51 6
Hamilton High School High Regular 3,740 190 8

Frye Elementary School

  • Education Level: Primary
  • # of students: 633
  • # of teachers: 39
3
GreatSchools Rating

Willis Junior High School

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

Hamilton High School

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

$314,100$383,900$349,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$1,288
Property Tax -$213
Property Insurance -$61
Property Management Fees -$99
CASH FLOW
-$161

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.

$349,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.00%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,235

INVESTMENT

$98,235

Down Payment
$87,250
Rehab Estimate
$5,750
Closing Costs
$5,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,288

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,250
Loan Amount $261,750
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$11,977

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
  • $1,538

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3953$1,3954$1,4955$1,600
$1,600
RENT COMPS ANALYSIS
  • 99 N Hamilton Street Chandler, 1
    • 4 beds 3 baths ∙ 1,748 Sqft ∙ Built 1963 4 beds 3 baths ∙ 1,748 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 544 N Washington Street Chandler, 2
    • 4 beds 2 baths ∙ 1,784 Sqft ∙ Built 1947 4 beds 2 baths ∙ 1,784 Sqft ∙ Built 1947
    LEASED 05/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.78
    •  
  • 891 N Dakota Street Chandler, 3
    • 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 1958
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.87
    •  
  • 551 W Gail Drive Chandler, 4
    • 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 1971
    LEASED 12/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.91
    •  
  • 889 W Monterey Street Chandler, 5
    • 4 beds 2 baths ∙ 1,660 Sqft ∙ Built 1969 4 beds 2 baths ∙ 1,660 Sqft ∙ Built 1969
    LEASED 08/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.96
    •  
PROPERTY LISTING DETAILS
Ben R Gonzales
Perfect Choice Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120492
Last Updated: 08/24/2020
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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