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2522 E Dublin Court Gilbert, AZ 85295

4 Beds 3 Baths 2,500 sqft Built 2000

$460,000

List Price

$1,990

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

February 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $184.00
  • 4 Days on Market
  • MLS # : 6189803
  • Updated Date : 02/05/2021 at 21:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,500 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Northeast Realty

Listing Agent's Description

This two story home on a large lot is what you've been looking for! You'll love the light & bright interior and open concept with tile flooring and carpet that was updated in 2020. The family room, neutral color palette, and large loft provide all of the space and comfort you need. The beautiful kitchen is outfitted with a large center island, stainless steel appliances, and plenty of cabinets. The huge master suite offers plenty of space for all your furniture and has an ample bath w/double sinks & walk-in closet with built in shelving. The huge backyard has a fenced blue pool, an extended covered patio, storage shed, and grass area. Let's not forget the RV gate/parking! Nestled in a quiet cul-de-sac, this incredible home has it all! Hurry to schedule a showing!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Crossings at Crossroads

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Crossings at Crossroads

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9471981

* 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
Cooley Middle School Middle Unknown 915 39 NA
Williams Field High School High Regular 1,705 64 7

Cooley Middle School

  • Education Level: Middle
  • # of students: 915
  • # of teachers: 39
NA
GreatSchools Rating

Williams Field High School

  • Education Level: High
  • # of students: 1,705
  • # of teachers: 64
7
GreatSchools Rating
 

$414,000$506,000$460,000

PURCHASE PRICE

$1,791$2,189$1,990

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,990
EXPENSES Loan Payment -$1,598
Property Tax -$314
Property Insurance -$76
HOA -$20
Property Management Fees -$99
CASH FLOW
-$117

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.

$460,000

PROJECTED PRICE

$1,990

PROJECTED RENT

0.43%

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$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$127,650

INVESTMENT

$127,650

Down Payment
$115,000
Rehab Estimate
$5,750
Closing Costs
$6,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,598

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $115,000
Loan Amount $345,000
See What Happens When You Reinvest Cash Flow

3.92

YEARS SAVED

$16,631

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,990

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $2,169

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$1,990
1$1,9902$1,9993$2,1004$2,2005$2,300
$2,300
RENT COMPS ANALYSIS
  • 2522 E Dublin Court Gilbert, AZ 1
    • 4 beds 3 baths ∙ 2,500 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,500 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,990
    • $0.80
    •  
  • 2596 E Bart Street Gilbert, AZ 2
    • 4 beds 4 baths ∙ 2,398 Sqft ∙ Built 2006 4 beds 4 baths ∙ 2,398 Sqft ∙ Built 2006
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,999
    • $0.83
    •  
  • 2681 E Clifton Avenue Gilbert, AZ 3
    • 5 beds 3 baths ∙ 2,419 Sqft ∙ Built 2009 5 beds 3 baths ∙ 2,419 Sqft ∙ Built 2009
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.87
    •  
  • 2572 E Bart Street Gilbert, AZ 4
    • 4 beds 3 baths ∙ 2,589 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,589 Sqft ∙ Built 2006
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.85
    •  
  • 2631 E Los Alamos Court Gilbert, AZ 5
    • 5 beds 3 baths ∙ 2,500 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,500 Sqft ∙ Built 2000
    LEASED 12/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.92
    •  
PROPERTY LISTING DETAILS
Kortnee M Hanson
Keller Williams Northeast Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6189803
Last Updated: 02/05/2021
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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