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12418 W Candlelight Drive Sun City West, AZ 85375

2 Beds 1 Baths 1,022 sqft Built 1980

$234,900

List Price

$1,160

$1K - $1.3K

Rent Est.

PROPERTY INFO

December 08, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $229.84
  • 6 Days on Market
  • MLS # : 6168764
  • Updated Date : 12/11/2020 at 13:09
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,022 sqft
  • Baths : 1 full
Listing Agent

Hague Partners

Listing Agent's Description

Shiny and new, this home has been completely remodeled. You will love the quaint exterior curb appeal with stone accents and easy care new landscape. You will find just as much to love on the interior with new flooring, paint, lighting, appliances, kitchen, bath, well all of it really. With all tile flooring, inside laundry, and a one car garage it is the ''just right'' home you have been waiting for. Owners originally remodeled the home lovingly for themselves but plans had changed.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10132109

* 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
Thompson Ranch Elementary School Primary Regular 979 46 2
Thompson Ranch Elementary School Middle Regular 979 46 2
Valley Vista High School High Regular 2,457 101 4

Thompson Ranch Elementary School

  • Education Level: Primary
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Thompson Ranch Elementary School

  • Education Level: Middle
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Valley Vista High School

  • Education Level: High
  • # of students: 2,457
  • # of teachers: 101
4
GreatSchools Rating
 

$211,410$258,390$234,900

PURCHASE PRICE

$1,044$1,276$1,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,160
EXPENSES Loan Payment -$867
Property Tax -$135
Property Insurance -$45
HOA -$41
Property Management Fees -$99
CASH FLOW
-$27

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.

$234,900

PROJECTED PRICE

$1,160

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.6%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$67,999

INVESTMENT

$67,999

Down Payment
$58,725
Rehab Estimate
$5,750
Closing Costs
$3,524

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$867

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,725
Loan Amount $176,175
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$14,759

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
  • $1,014

    COMP ESTIMATED VALUE
  • $1.11

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,2004$1,3005$1,400
$1,400
RENT COMPS ANALYSIS
  • 12418 W Candlelight Drive Sun City West, AZ 1
    • 2 beds 1 baths ∙ 918 Sqft ∙ Built 1980 2 beds 1 baths ∙ 918 Sqft ∙ Built 1980
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12415 Cougar Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1980 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1980
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.01
    •  
  • 12742 W Crystal Lake Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,122 Sqft ∙ Built 1983 2 beds 2 baths ∙ 1,122 Sqft ∙ Built 1983
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.07
    •  
  • 12514 W Bonanza Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,122 Sqft ∙ Built 1983 2 beds 2 baths ∙ 1,122 Sqft ∙ Built 1983
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.16
    •  
  • 12414 W Nugget Court Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1980 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1980
    LEASED 09/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.18
    •  
PROPERTY LISTING DETAILS
Sheryl A Chiaramonte
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168764
Last Updated: 12/11/2020
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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