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

18527 W Sanna Street Waddell, AZ 85355

4 Beds 3 Baths 2,379 sqft Built 2006

$345,000

List Price

$1,670

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $145.02
  • 4 Days on Market
  • MLS # : 6173408
  • Updated Date : 12/24/2020 at 02:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,379 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty Sonoran Living

Listing Agent's Description

Fantastic 4 bedroom, 3 bath home in the desirable Community of Cortessa. Upgraded floors, kitchen and backyard. Well planned out layout, great use of space and plenty of potential throughout. Home will not last long on the market.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Waddell

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $109k346k

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

Neighborhood: Waddell

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10011951

* 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
 

$310,500$379,500$345,000

PURCHASE PRICE

$1,503$1,837$1,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,670
EXPENSES Loan Payment -$1,273
Property Tax -$212
Property Insurance -$74
HOA -$85
Property Management Fees -$99
CASH FLOW
-$72

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$345,000

PROJECTED PRICE

$1,670

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$97,175

INVESTMENT

$97,175

Down Payment
$86,250
Rehab Estimate
$5,750
Closing Costs
$5,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,273

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $86,250
Loan Amount $258,750
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$17,917

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
  • $1,659

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5953$1,5994$1,6255$1,825
$1,825
RENT COMPS ANALYSIS
  • 18527 W Sanna Street Waddell, AZ 1
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9107 N 185th Avenue Waddell, AZ 2
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006
    property image
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.67
    •  
  • 18562 W Sanna Street Waddell, AZ 3
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006
    property image
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.67
    •  
  • 18624 W Sunnyslope Lane Waddell, AZ 4
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2005
    property image
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.68
    •  
  • 18619 W Sanna Street Waddell, AZ 5
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006
    property image
    LEASED 12/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.77
    •  
PROPERTY LISTING DETAILS
Joey Gutierrez Rodriguez
Keller Williams Realty Sonoran Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6173408
Last Updated: 12/24/2020
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.

BESbswy