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63 W Dublin Street Gilbert, AZ 85233

5 Beds 4 Baths 3,159 sqft Built 2019

$569,999

List Price

$2,500

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $180.44
  • 3 Days on Market
  • MLS # : 6198827
  • Updated Date : 02/28/2021 at 00:37
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,159 sqft
  • Baths : 4 full
Listing Agent

S.j. Fowler Real Estate, Inc.

Listing Agent's Description

Move in ready North Facing House! Completed in 2020! Tons of Upgrades! Newly installed Synthetic turf and solar lights In the Backyard. Minutes away from Gilbert Downtown! Formal dining room,Great Room and huge loft great for entertaining.Open kitchen showcases granite counters, Pendant Lights, island for prep & breakfast bar, walk-in pantry, beautiful cabinets, and stainless steel appliances. Water softener owned & Reverse osmosis system installed. LOTS OF ADDITIONAL FEATURES THROUGHOUT! Please Wear Masks and Shoe covers provided while viewing the property.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Gilbert

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Gilbert

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10361987

* 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
 

$512,999$626,999$569,999

PURCHASE PRICE

$2,250$2,750$2,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,500
EXPENSES Loan Payment -$1,980
Property Tax -$361
Property Insurance -$89
HOA -$66
Property Management Fees -$99
CASH FLOW
-$95

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.

$569,999

PROJECTED PRICE

$2,500

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.0%
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

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$156,800

INVESTMENT

$156,800

Down Payment
$142,500
Rehab Estimate
$5,750
Closing Costs
$8,550

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,980

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $142,500
Loan Amount $427,499
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$23,927

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,500

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $2,464

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$2,195
1$2,1952$2,3953$2,3954$2,5005$2,800
$2,800
RENT COMPS ANALYSIS
  • 63 W Dublin Street Gilbert, AZ 4
    • 5 beds 4 baths ∙ 3,159 Sqft ∙ Built 2019 5 beds 4 baths ∙ 3,159 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.79
    •  
  • 2912 E Galveston Street Chandler, AZ 1
    • 4 beds 3 baths ∙ 2,899 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,899 Sqft ∙ Built 2008
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.76
    •  
  • 533 N Kimberlee Way Chandler, AZ 2
    • 5 beds 3 baths ∙ 3,097 Sqft ∙ Built 1999 5 beds 3 baths ∙ 3,097 Sqft ∙ Built 1999
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.77
    •  
  • 562 N Kimberlee Way Chandler, AZ 3
    • 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 1999
    LEASED 10/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.77
    •  
  • 2145 E Oakland Street Chandler, AZ 5
    • 6 beds 5 baths ∙ 3,433 Sqft ∙ Built 2004 6 beds 5 baths ∙ 3,433 Sqft ∙ Built 2004
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.82
    •  
PROPERTY LISTING DETAILS
Puneet Chawla
S.j. Fowler Real Estate, Inc.
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6198827
Last Updated: 02/28/2021
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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