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17925 W Diana Avenue Waddell, AZ 85355

5 Beds 3 Baths 4,067 sqft Built 2012

$445,900

List Price

$2,410

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

January 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $109.64
  • 1 Days on Market
  • MLS # : 6179250
  • Updated Date : 01/10/2021 at 02:55
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,067 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Need your own space? This house has all the space! There's FIVE Bedrooms PLUS a HUGE LOFT! One guest bedroom w/ Walk-in closet is downstairs next to a FULL bathroom. You can do alot in this room. Formal LR/DR PLUS Family RM are downstairs, along with a LAVISH Kitchen. Granite Counters, Island and BIG Pantry! There's so much storage in this house. Upstairs Master BR is oversized and separate Shower/Tub with one of the largest Walk-in Closets I've ever seen. Two secondary bedrooms have walk-in closets as well. Did I mention a 3-car garage? The backyard is lavish, with Lemon and Orange trees now in Peak! There's still some for you when you move in! Nice covered Patio and there's leased solar from Tesla, so no big electric bill! This house has so much to offer, MUST SEE!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: White Tank Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k377k

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

Neighborhood: White Tank Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10452094

* 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
Mountain View Elementary School Primary Regular 1,124 49 5
Mountain View Elementary School Middle Regular 1,124 49 5
Shadow Ridge High School High Regular 1,735 77 4

Mountain View Elementary School

  • Education Level: Primary
  • # of students: 1,124
  • # of teachers: 49
5
GreatSchools Rating

Mountain View Elementary School

  • Education Level: Middle
  • # of students: 1,124
  • # of teachers: 49
5
GreatSchools Rating

Shadow Ridge High School

  • Education Level: High
  • # of students: 1,735
  • # of teachers: 77
4
GreatSchools Rating
 

$401,310$490,490$445,900

PURCHASE PRICE

$2,169$2,651$2,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,410
EXPENSES Loan Payment -$1,549
Property Tax -$267
Property Insurance -$106
HOA -$32
Property Management Fees -$99
CASH FLOW
$357

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.

$445,900

PROJECTED PRICE

$2,410

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.2%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

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

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$123,914

INVESTMENT

$123,914

Down Payment
$111,475
Rehab Estimate
$5,750
Closing Costs
$6,689

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,549

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $111,475
Loan Amount $334,425
See What Happens When You Reinvest Cash Flow

9.5

YEARS SAVED

$60,135

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
  • $2,806

    COMP ESTIMATED VALUE
  • $0.69

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,700
$2,700
RENT COMPS ANALYSIS
  • 17925 W Diana Avenue Waddell, AZ 1
    • 5 beds 3 baths ∙ 4,067 Sqft ∙ Built 2012 5 beds 3 baths ∙ 4,067 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10016 N 184th Drive Waddell, AZ 2
    • 5 beds 4 baths ∙ 3,913 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,913 Sqft ∙ Built 2006
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.69
    •  
PROPERTY LISTING DETAILS
Lynn Ann Bennett
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179250
Last Updated: 01/10/2021
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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