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18133 W Diana Avenue Waddell, AZ 85355

5 Beds 5 Baths 3,938 sqft Built 2008

$524,777

List Price

$2,240

$2K - $2.5K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $133.26
  • 3 Days on Market
  • MLS # : 6159855
  • Updated Date : 11/14/2020 at 14:38
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,938 sqft
  • Baths : 4 full , 1 half
Listing Agent

Century 21 Northwest

Listing Agent's Description

Stunning elegance, custom upgrades, & signature touches like no other home before!!! 3 Car tandem plus Single bay Garage=4 CAR GARAGE & 10' RV GATE & pavers, with 50 amp & 220V service! Gourmet Chef's kitchen with tasteful Custom built cabinetry, custom poured concrete Island & Counter tops, Copper Sink, STAINLESS STEEL 5 burner GE Cafe GAS STOVE, GE Profile DOUBLE OVENS including microwave/convection, & custom brick backsplash. Giant customized WALK-IN PANTRY with barn door, BUTLER PANTRY & mudroom with big closet! PLANTATION SHUTTERS, European Karndeen & travertine floors with 6.5 inch baseboards! Downstairs MOTHER-IN-LAW SUITE with private bathroom perfect for family & guests. Resort style backyard featuring a huge sparkling PEBBLETECH pool with SPLASH PAD, Firepit & TRAVERTINE decking!

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
 

$472,299$577,255$524,777

PURCHASE PRICE

$2,016$2,464$2,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,240
EXPENSES Loan Payment -$1,936
Property Tax -$315
Property Insurance -$104
HOA -$32
Property Management Fees -$99
CASH FLOW
-$245

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.

$524,777

PROJECTED PRICE

$2,240

PROJECTED RENT

0.43%

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-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$144,816

INVESTMENT

$144,816

Down Payment
$131,194
Rehab Estimate
$5,750
Closing Costs
$7,872

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,936

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $131,194
Loan Amount $393,583
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$16,040

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,240

    LIST RENT
  • $0.57

    LIST RENT PER SQFT
  • $2,520

    COMP ESTIMATED VALUE
  • $0.64

    COMP AVG. RENT PER SQFT
Comps Range
$2,240
1$2,2402$2,4003$2,700
$2,700
RENT COMPS ANALYSIS
  • 18133 W Diana Avenue Waddell, AZ 1
    • 5 beds 5 baths ∙ 3,938 Sqft ∙ Built 2008 5 beds 5 baths ∙ 3,938 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $2,240
    • $0.57
    •  
  • 18109 W Golden Lane Waddell, AZ 2
    • 4 beds 4 baths ∙ 4,067 Sqft ∙ Built 2007 4 beds 4 baths ∙ 4,067 Sqft ∙ Built 2007
    LEASED 06/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.59
    •  
  • 10016 N 184th Drive Waddell, AZ 3
    • 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
Logan Glenn Hall
Century 21 Northwest
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159855
Last Updated: 11/14/2020
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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