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4210 E Sidewinder Court Gilbert, AZ 85297

4 Beds 2 Baths 2,029 sqft Built 2003

$425,000

List Price

$2,150

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $209.46
  • 4 Days on Market
  • MLS # : 6202258
  • Updated Date : 03/04/2021 at 18:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,029 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

2000+ sf OPEN & BRIGHT single level home located on a premium greenbelt lot with view-through fence in highly desirable Power Ranch community. Move-in ready home features an open concept, split floor plan with vaulted ceilings, eat-in kitchen with stainless steel appl, an island with breakfast bar and built-in bench seating. Work from home? Leading to the master suite is a built-in desk/office space. Spacious master bath features separate tub/shower and double sinks. The opposite end of home offers 3 add'l bedrooms, a full jack-and-jill bath and separate laundry room. Numerous upgrades t/o the home include built-in shelving unit/entertainment center and 4.5'' custom white plantation shutters w/ invisible tilt. Community amenities include walking/biking paths connecting each neighborhood,

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Power Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Power Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9591981

* 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
Sossaman Middle School Middle Unknown 901 44 NA
Higley High School High Regular 1,596 70 7

Sossaman Middle School

  • Education Level: Middle
  • # of students: 901
  • # of teachers: 44
NA
GreatSchools Rating

Higley High School

  • Education Level: High
  • # of students: 1,596
  • # of teachers: 70
7
GreatSchools Rating
 

$382,500$467,500$425,000

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 -$1,476
Property Tax -$292
Property Insurance -$67
HOA -$29
Property Management Fees -$99
CASH FLOW
$187

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.

$425,000

PROJECTED PRICE

$2,150

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$118,375

INVESTMENT

$118,375

Down Payment
$106,250
Rehab Estimate
$5,750
Closing Costs
$6,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,476

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $106,250
Loan Amount $318,750
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$40,673

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
  • $1.06

    LIST RENT PER SQFT
  • $2,141

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,1003$2,1004$2,1505$2,200
$2,200
RENT COMPS ANALYSIS
  • 4210 E Sidewinder Court Gilbert, AZ 4
    • 4 beds 2 baths ∙ 2,029 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,029 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $1.06
    •  
  • 4281 E Marshall Avenue Gilbert, AZ 1
    • 3 beds 2 baths ∙ 1,945 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,945 Sqft ∙ Built 2002
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.03
    •  
  • 4057 E Wagon Court Gilbert, AZ 2
    • 4 beds 3 baths ∙ 1,988 Sqft ∙ Built 2002 4 beds 3 baths ∙ 1,988 Sqft ∙ Built 2002
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.06
    •  
  • 4321 S Splendor Court Gilbert, AZ 3
    • 4 beds 2 baths ∙ 2,052 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,052 Sqft ∙ Built 2001
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.02
    •  
  • 4369 S Rim Court Gilbert, AZ 5
    • 4 beds 3 baths ∙ 1,988 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,988 Sqft ∙ Built 2001
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.11
    •  
PROPERTY LISTING DETAILS
Edward Pugnetti
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202258
Last Updated: 03/04/2021
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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