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

4444 E Marshall Avenue Gilbert, AZ 85297

4 Beds 3 Baths 3,353 sqft Built 2001

$599,000

List Price

$2,560

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $178.65
  • 3 Days on Market
  • MLS # : 6188629
  • Updated Date : 02/06/2021 at 22:11
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,353 sqft
  • Baths : 3 full
Listing Agent

Dpr Realty Llc

Listing Agent's Description

Located in the highly desired master planned community of Power Ranch with a premium lot location! This popular 3300+ sq.ft. floor plan has 4 bedrooms + a den + a loft with a walk out deck & staircase to enjoy the fabulous resort backyard and unobstructed views of the community lake & clubhouse. Common area on the west side, no neighbors behind and gorgeous views! $200K+ backyard remodel in 2016 boasts a new salt water heated pool with huge baja step, extensive LED lighting, fire & water features, rain wall feature, HUGE hot tub, sunk in Ramada with swim up bar, built-in BBQ, built in burner and huge projector screen! Extensive travertine tile, putting green, turf grass, gas fire pit, professional landscape including beautiful trellis's, vines, 4 mature fruit trees, garden area and more!

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
 

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

PURCHASE PRICE

$2,304$2,816$2,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,560
EXPENSES Loan Payment -$2,081
Property Tax -$411
Property Insurance -$93
HOA -$28
Property Management Fees -$99
CASH FLOW
-$151

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

$2,560

PROJECTED RENT

0.43%

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$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.

$2,081

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $149,750
Loan Amount $449,250
See What Happens When You Reinvest Cash Flow

3.83

YEARS SAVED

$21,598

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
  • $2,775

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4953$2,5954$2,6955$2,800
$2,800
RENT COMPS ANALYSIS
  • 4444 E Marshall Avenue Gilbert, AZ 1
    • 4 beds 3 baths ∙ 3,353 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,353 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4688 S Posse Trail Gilbert, AZ 2
    • 3 beds 3 baths ∙ 3,136 Sqft ∙ Built 2004 3 beds 3 baths ∙ 3,136 Sqft ∙ Built 2004
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $0.80
    •  
  • 4609 S Ranger Court Gilbert, AZ 3
    • 3 beds 3 baths ∙ 3,136 Sqft ∙ Built 2004 3 beds 3 baths ∙ 3,136 Sqft ∙ Built 2004
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $0.83
    •  
  • 3767 E Fruitvale Avenue Gilbert, AZ 4
    • 5 beds 3 baths ∙ 3,221 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,221 Sqft ∙ Built 2003
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,695
    • $0.84
    •  
  • 4562 S Star Canyon Drive Gilbert, AZ 5
    • 5 beds 3 baths ∙ 3,353 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,353 Sqft ∙ Built 2003
    LEASED 05/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.84
    •  
PROPERTY LISTING DETAILS
Deena Fischer
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188629
Last Updated: 02/06/2021
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.

BESbswy