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1236 S Pueblo Court Gilbert, AZ 85233

3 Beds 2 Baths 1,279 sqft Built 1997

$345,000

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $269.74
  • 3 Days on Market
  • MLS # : 6179407
  • Updated Date : 01/15/2021 at 07:04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,279 sqft
  • Baths : 2 full
Listing Agent

Geneva Real Estate And Investments

Listing Agent's Description

THIS VERY WELL CARED FOR AND UPGRADED HOME IS LOCATED IN THE HIGHLY SOUGHT OUT COMMUNITY OF MILLET RANCH! A SPLIT FLOOR PLAN WITH GRANITE COUNTER TOPS, UPGRADED BATHROOMS, NO HOUSES BEHIND, AND ALL ON SINGLE LEVEL MAKES FOR A WONDERFUL HOME. ALMOST BRAND NEW A/C UNIT LESS THAN TWO YEARS OLD, WITH A CUL-DE-DAC LOCATION, SEVERAL PARKS AND PLAY AREAS, CLOSE TO SHOPPING AND DINNING, THIS ONE WILL NOT LAST!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Dave Brown Millett Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Dave Brown Millett Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9731981

* 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
Settlers Point Elementary School Primary Regular 638 38 8
South Valley Jr. High School Middle Regular 1,193 53 9
Mesquite High School High Regular 2,000 82 6

Settlers Point Elementary School

  • Education Level: Primary
  • # of students: 638
  • # of teachers: 38
8
GreatSchools Rating

South Valley Jr. High School

  • Education Level: Middle
  • # of students: 1,193
  • # of teachers: 53
9
GreatSchools Rating

Mesquite High School

  • Education Level: High
  • # of students: 2,000
  • # of teachers: 82
6
GreatSchools Rating
 

$310,500$379,500$345,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$1,198
Property Tax -$203
Property Insurance -$52
HOA -$19
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.

$345,000

PROJECTED PRICE

$1,410

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.5%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$97,175

INVESTMENT

$97,175

Down Payment
$86,250
Rehab Estimate
$5,750
Closing Costs
$5,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,198

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $86,250
Loan Amount $258,750
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$8,433

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
  • $1,404

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5503$1,5954$1,5955$1,595
$1,595
RENT COMPS ANALYSIS
  • 1236 S Pueblo Court Gilbert, AZ 1
    • 3 beds 2 baths ∙ 1,279 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,279 Sqft ∙ Built 1997
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 103 W Jasper Drive Gilbert, AZ 2
    • 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1998
    property image
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.12
    •  
  • 1529 S Sahuaro Drive Gilbert, AZ 3
    • 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1998
    property image
    LEASED 06/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.09
    •  
  • 1562 S Monterey Street Gilbert, AZ 4
    • 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1996
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.09
    •  
  • 1425 S Monterey Street Gilbert, AZ 5
    • 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1996
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.09
    •  
PROPERTY LISTING DETAILS
Jorge Gomez
Geneva Real Estate And Investments
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179407
Last Updated: 01/15/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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