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6722 S Jacqueline Way Gilbert, AZ 85298

4 Beds 3 Baths 3,216 sqft Built 2013

$739,000

List Price

$3,010

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $229.79
  • 2 Days on Market
  • MLS # : 6178846
  • Updated Date : 01/09/2021 at 00:11
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,216 sqft
  • Baths : 3 full
Listing Agent

Homesmart

Listing Agent's Description

This beautiful TW Lewis home is located in the GATED community of Sienna at Seville and sits on a PREMIUM lot on the 11th fairway. Find gorgeous mountain views and close proximity to the Seville Golf and Country Club. Fantastic Curb appeal leads to the lovely courtyard and inviting Entry. The Great Room floorplan offers 3216 square feet, 4 large bedrooms, 3 bathrooms, Dining Room and Office/Den. The beautiful upgraded kitchen has staggered Alder cabinetry, stainless appliances, gas cooktop, granite, extended buffet and marble backsplash. Enjoy the beautiful extended patio with travertine pavers and gas fireplace with beautiful golf course and mountain views. Seville Golf and Country Club the prestigious, private world-class 18 hole, resort offers various memberships to include great

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
Riggs Elementary School Primary Regular 1,024 50 10
Riggs Elementary School Middle Regular 1,024 50 10
Casteel High School High Regular NA

Riggs Elementary School

  • Education Level: Primary
  • # of students: 1,024
  • # of teachers: 50
10
GreatSchools Rating

Riggs Elementary School

  • Education Level: Middle
  • # of students: 1,024
  • # of teachers: 50
10
GreatSchools Rating

Casteel High School

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

$665,100$812,900$739,000

PURCHASE PRICE

$2,709$3,311$3,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,010
EXPENSES Loan Payment -$2,567
Property Tax -$516
Property Insurance -$90
HOA -$21
Property Management Fees -$99
CASH FLOW
-$282

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.

$739,000

PROJECTED PRICE

$3,010

PROJECTED RENT

0.41%

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$201,585

INVESTMENT

$201,585

Down Payment
$184,750
Rehab Estimate
$5,750
Closing Costs
$11,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,567

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $184,750
Loan Amount $554,250
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$20,515

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,010

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $2,500

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$2,295
1$2,2952$2,5953$2,5954$2,7505$3,010
$3,010
RENT COMPS ANALYSIS
  • 6722 S Jacqueline Way Gilbert, AZ 5
    • 4 beds 3 baths ∙ 3,216 Sqft ∙ Built 2013 4 beds 3 baths ∙ 3,216 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $3,010
    • $0.94
    •  
  • 6436 S Glory Court Gilbert, AZ 1
    • 5 beds 3 baths ∙ 3,379 Sqft ∙ Built 2004 5 beds 3 baths ∙ 3,379 Sqft ∙ Built 2004
    LEASED 09/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.68
    •  
  • 3541 E Eleana Lane Gilbert, AZ 2
    • 5 beds 3 baths ∙ 3,389 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,389 Sqft ∙ Built 2005
    LEASED 01/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $0.77
    •  
  • 3160 E Muirfield Street Gilbert, AZ 3
    • 4 beds 4 baths ∙ 3,060 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,060 Sqft ∙ Built 2004
    LEASED 08/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $0.85
    •  
  • 3518 E Eleana Lane Gilbert, AZ 4
    • 5 beds 3 baths ∙ 3,389 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,389 Sqft ∙ Built 2005
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.81
    •  
PROPERTY LISTING DETAILS
Linda L. Muncey
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178846
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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