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12438 W Tigerseye Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,777 sqft Built 1984

$279,000

List Price

$1,360

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $157.01
  • 3 Days on Market
  • MLS # : 6170517
  • Updated Date : 12/11/2020 at 17:49
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,777 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

You will Fall in Love with this one. Desirable Double Door Covered Front Porch leads to Spacious Hall Entrance. Great Floorplan. Kitchen opens to Family Rm w/ Vaulted Ceiling. Newly Updated Kitchen w/Painted Cabinets and New SS Appliances, including Beautiful French Door,Counter Depth Fridge. Plenty of Storage Plus tons more in the Inside Laundry Room. Master has Double Sinks, Vanity & Separate toilet/shower room. Huge Walk-In Closet that will fool you at your first glance. Pergo flooring in the Family Room and second bedroom. Fully Enclosed AZ Room. North South exposure. Fenced Backyard. New Carpet and Paint. New Tile in Laundry Room. New Front Window Shades. New Hot Water Heater. A/C approx. 7 years old. This home has been lovingly prepped for sale by the trustee. Come See!

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
 

$251,100$306,900$279,000

PURCHASE PRICE

$1,224$1,496$1,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,360
EXPENSES Loan Payment -$1,029
Property Tax -$161
Property Insurance -$62
HOA -$41
Property Management Fees -$99
CASH FLOW
-$32

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.

$279,000

PROJECTED PRICE

$1,360

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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,685

INVESTMENT

$79,685

Down Payment
$69,750
Rehab Estimate
$5,750
Closing Costs
$4,185

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $69,750
Loan Amount $209,250
See What Happens When You Reinvest Cash Flow

5.17

YEARS SAVED

$17,436

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,360

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,355

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,360
1$1,3602$1,4003$1,4854$1,5505$1,700
$1,700
RENT COMPS ANALYSIS
  • 12438 W Tigerseye Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,777 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,777 Sqft ∙ Built 1984
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,360
    • $0.77
    •  
  • 12318 W Firebird Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,973 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,973 Sqft ∙ Built 1985
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.71
    •  
  • 12706 W Blue Bonnet Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1981 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1981
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,485
    • $0.76
    •  
  • 12739 W Crystal Lake Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1983 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1983
    property image
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.77
    •  
  • 21913 N Pedregosa Court Sun City West, AZ 5
    • 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2004 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2004
    property image
    LEASED 11/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.81
    •  
PROPERTY LISTING DETAILS
Sharon Silva
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170517
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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