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327 W Oxford Lane Gilbert, AZ 85233

4 Beds 2 Baths 2,258 sqft Built 1996

$475,000

List Price

$2,150

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $210.36
  • 3 Days on Market
  • MLS # : 6188784
  • Updated Date : 02/05/2021 at 15:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,258 sqft
  • Baths : 2 full
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Super cute, well maintained 4 bedroom, with bonus room, 2 bath home in Rancho Del Verde! This home features 2 large living areas, eat in kitchen with white cabinets, granite counters and stainless appliances. Large master with dual sinks, separate tub and shower, and walk in closet. Back yard has a fenced pool, storage shed, covered patio and RV gate. Home is located on a cul de sac street and walking distance to the park. This is a must see home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rancho del Verde

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Rancho del Verde

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9201981

* 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
Perry High School High Regular 3,194 142 7
Perry High School High Unknown NA

Willis Junior High School

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

Perry High School

  • Education Level: High
  • # of students: 3,194
  • # of teachers: 142
7
GreatSchools Rating

Perry High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$427,500$522,500$475,000

PURCHASE PRICE

$1,935$2,365$2,150

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,150
EXPENSES Loan Payment -$1,650
Property Tax -$301
Property Insurance -$71
HOA -$42
Property Management Fees -$99
CASH FLOW
-$13

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.

$475,000

PROJECTED PRICE

$2,150

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.8%
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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,650

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

5.17

YEARS SAVED

$25,406

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,150

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $2,309

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$2,095
1$2,0952$2,1503$2,2004$2,4005$2,495
$2,495
RENT COMPS ANALYSIS
  • 327 W Oxford Lane Gilbert, AZ 2
    • 4 beds 2 baths ∙ 2,258 Sqft ∙ Built 1996 4 beds 2 baths ∙ 2,258 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.95
    •  
  • 361 N Cottonwood Street Chandler, AZ 1
    • 4 beds 2 baths ∙ 2,146 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,146 Sqft ∙ Built 2004
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.98
    •  
  • 351 N Cottonwood Street Chandler, AZ 3
    • 4 beds 3 baths ∙ 2,342 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,342 Sqft ∙ Built 2004
    LEASED 09/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.94
    •  
  • 1933 E Baylor Court Chandler, AZ 4
    • 4 beds 3 baths ∙ 2,316 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,316 Sqft ∙ Built 1992
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.04
    •  
  • 290 W Windsor Drive Gilbert, AZ 5
    • 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1997
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.13
    •  
PROPERTY LISTING DETAILS
Jean Grimes
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188784
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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