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12634 W Eveningside Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,864 sqft Built 1984

$295,000

List Price

$1,620

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $158.26
  • 3 Days on Market
  • MLS # : 6187277
  • Updated Date : 01/30/2021 at 22:10
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,864 sqft
  • Baths : 2 full
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Your desert retreat awaits you! This 2bd/2ba home offers so many upgrades to pamper you both inside and out - from the new carpet and laminate flooring, to the new a/c unit, vaulted ceilings, planter shutters, sun screens, easy-to-maintain backyard with synthetic turf, and much more. In addition, this home offers a spacious laundry room and a bonus room as part of the living space. Enjoy the screened enclosed Arizona room and mature citrus trees in the privacy of your back yard. And you will have access to all that Sun City West has to offer! This beautiful house is just waiting for YOU to call it home! Sun City West is an age 55+ active adult community with four rec centers and many volunteer activities for retired seniors. See document section for fees.

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
Valley Vista High School High Regular 2,457 101 4
Valley Vista High School High Unknown NA

Valley Vista High School

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

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$265,500$324,500$295,000

PURCHASE PRICE

$1,458$1,782$1,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,620
EXPENSES Loan Payment -$1,025
Property Tax -$170
Property Insurance -$64
HOA -$41
Property Management Fees -$99
CASH FLOW
$222

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.

$295,000

PROJECTED PRICE

$1,620

PROJECTED RENT

0.55%

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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,925

INVESTMENT

$83,925

Down Payment
$73,750
Rehab Estimate
$5,750
Closing Costs
$4,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,025

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,750
Loan Amount $221,250
See What Happens When You Reinvest Cash Flow

9.5

YEARS SAVED

$39,258

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,620

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,426

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4853$1,5004$1,5505$1,620
$1,620
RENT COMPS ANALYSIS
  • 12634 W Eveningside Drive Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,864 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,864 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $1,620
    • $0.87
    •  
  • 12318 W Firebird Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,973 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,973 Sqft ∙ Built 1985
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.71
    •  
  • 12706 W Blue Bonnet Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1981 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1981
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,485
    • $0.76
    •  
  • 13318 W Broken Arrow Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1993
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.82
    •  
  • 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
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.77
    •  
PROPERTY LISTING DETAILS
Sarah Shew
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187277
Last Updated: 01/30/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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