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

3125 E Sports Court Gilbert, AZ 85298

5 Beds 3 Baths 2,968 sqft Built 2011

$599,000

List Price

$2,610

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $201.82
  • 3 Days on Market
  • MLS # : 6168565
  • Updated Date : 12/18/2020 at 17:40
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,968 sqft
  • Baths : 3 full
Listing Agent

Dpr Realty Llc

Listing Agent's Description

This incredible Single Story home sits on a Premium N/S Facing Lot located in a Private CUL DE SAC that is surrounded by ALL single level homes. Enjoy the ''Sheffield'' Floorplan and ALL it has to offer. FIVE Spacious Bedrooms, THREE Full Bathrooms, a Private Den/Study w/ French Doors, Formal Dining and a WIDE OPEN Family Room that flows Perfectly into the Kitchen. Large Eat-In Kitchen with Island, GRANITE Countertops, TONS of Warm Cabinets, Stainless Steel Appliances with GAS Range and Walk-In Pantry. Are you tired of seeing houses that just don't check ALL the boxes? WELCOME HOME! New Interior Grey Paint, White Plantation Shutters, Ceiling Fans Throughout, 5-inch Baseboards, Wood-Look Tile in the Family Room, the list goes ON! Resort-Style backyard offers endless Entertainment Space.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Seville

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $122k388k

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

Neighborhood: Seville

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10362109

* 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
Patterson Elementary School Primary Regular 959 49 9
Patterson Elementary School Middle Regular 959 49 9
Basha High School High Regular 2,646 125 8

Patterson Elementary School

  • Education Level: Primary
  • # of students: 959
  • # of teachers: 49
9
GreatSchools Rating

Patterson Elementary School

  • Education Level: Middle
  • # of students: 959
  • # of teachers: 49
9
GreatSchools Rating

Basha High School

  • Education Level: High
  • # of students: 2,646
  • # of teachers: 125
8
GreatSchools Rating
 

$539,100$658,900$599,000

PURCHASE PRICE

$2,349$2,871$2,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,610
EXPENSES Loan Payment -$2,210
Property Tax -$418
Property Insurance -$85
HOA -$12
Property Management Fees -$99
CASH FLOW
-$214

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.

$599,000

PROJECTED PRICE

$2,610

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.2%
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$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,485

INVESTMENT

$164,485

Down Payment
$149,750
Rehab Estimate
$5,750
Closing Costs
$8,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,750
Loan Amount $449,250
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$22,615

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,610

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $2,308

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$2,025
1$2,0252$2,0753$2,5004$2,5955$2,610
$2,610
RENT COMPS ANALYSIS
  • 3125 E Sports Court Gilbert, AZ 5
    • 5 beds 3 baths ∙ 2,968 Sqft ∙ Built 2011 5 beds 3 baths ∙ 2,968 Sqft ∙ Built 2011
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,610
    • $0.88
    •  
  • 2946 E Country Shadows Street Gilbert, AZ 1
    • 4 beds 3 baths ∙ 3,064 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,064 Sqft ∙ Built 2004
    property image
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,025
    • $0.66
    •  
  • 2855 E Meadowview Drive Gilbert, AZ 2
    • 4 beds 4 baths ∙ 2,880 Sqft ∙ Built 2012 4 beds 4 baths ∙ 2,880 Sqft ∙ Built 2012
    property image
    LEASED 10/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,075
    • $0.72
    •  
  • 4129 E Clubview Drive Gilbert, AZ 3
    • 4 beds 4 baths ∙ 2,834 Sqft ∙ Built 2006 4 beds 4 baths ∙ 2,834 Sqft ∙ Built 2006
    property image
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.88
    •  
  • 3160 E Muirfield Street Gilbert, AZ 4
    • 4 beds 4 baths ∙ 3,060 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,060 Sqft ∙ Built 2004
    property image
    LEASED 08/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $0.85
    •  
PROPERTY LISTING DETAILS
Brittany M Meyer
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168565
Last Updated: 12/18/2020
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