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

12904 Sunhill Cir Hudson, FL 34667

3 Beds 2 Baths 1,123 sqft Built 1979

$185,000

List Price

$1,190

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $164.74
  • 4 Days on Market
  • MLS # : U8112968
  • Updated Date : 02/12/2021 at 01:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,123 sqft
  • Baths : 2 full
Listing Agent

Biltmore Group Inc

Listing Agent's Description

Say Home-sweet-home with No Flood Insurance, No CDD fees and L-O-W quarterly HOA fees in this quiet deed restricted community. Home is move-in ready with newer interior and exterior paint. This 3/2/2 large corner lot (just over a quarter of an acre) provides some privacy with landscape along with plenty of sidewalks. The development has ponds, bird sanctuaries and trees. Ceramic tile and commercial grade rubber-backed waterproof laminate flooring are throughout the bright house. A new electrical box was installed Feb 2020. New roof from 2016. Pest treatment in place. Commercial hot water heater with brass fittings installed in 2017. Newer kitchen appliances sit in a well lit kitchen with a big window to see out onto the lani. Use as a pass through window for entertaining. New exterior hardware emanates dawn to dusk bulbs ... never come home to a dark house. Enjoy peaceful days and nights in the newly screened lanai. Washer and Dryer convey in the oversize garage with lots of storage space. HVAC from 2003. Well pump for irrigation is new 2020. Enjoy the nearby clubhouse with the following amenities: pool, tennis courts, shuffleboard, handball and basketball courts. A Level II trauma hospital (home of the nationally acclaimed and recognized heart institute) is located in the city, along with a library, ample restaurants, shopping centers, grocery stores, department stores, marinas, beaches, walking / biking trails and breathtaking beautiful sunsets on the Gulf of Mexico. Get to the Suncoast Parkway in 15 minutes for FUN-FUN-FUN in Tampa (appx 30 minutes away and/or Orlando in under 2 hours). Enjoy larger living with less taxes in Pasco County. Come see this well maintained home today!

SEE MORE

MARKET HIGHLIGHTS

  • #8 in America's Fastest Growing Cities (Forbes, 2018)
  • Tampa metro employment growth is at 2.6% and predicted to grow at 2.1% in 2019 (USMayors.org, 2018)
  • One of the best cost-friendly American cities to do business (KPMG)
  • Tampa metro contributes to 15.4% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
  • #2 in Homebuilding Prospects #10 in Overall Real Estate Prospects (Emerging Trends in Real Estate 2019, PWC)
  • 2nd Best City for Young Entrepreneurs (Forbes)
  • Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Tampa inherits the rank being part of Florida.
  • Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
  • Headquarters to several Fortune 1000 companies: Publix Super Markets, Tech Data, Jabil Circuit, WellCare Health Plans, Raymond James Financial, Bloomin’ Brands, HSN, and TECO Energy (Fortune, 2018)

PRICE & RENT TRENDS

Neighborhood: Clayton

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $55k238k

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

Neighborhood: Clayton

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7391590

* 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
Hudson Elementary School Primary Regular 604 45 1
Hudson Middle School Middle Regular 743 51 3
Fivay High School High Regular 1,320 81 4

Hudson Elementary School

  • Education Level: Primary
  • # of students: 604
  • # of teachers: 45
1
GreatSchools Rating

Hudson Middle School

  • Education Level: Middle
  • # of students: 743
  • # of teachers: 51
3
GreatSchools Rating

Fivay High School

  • Education Level: High
  • # of students: 1,320
  • # of teachers: 81
4
GreatSchools Rating
 

$166,500$203,500$185,000

PURCHASE PRICE

$1,071$1,309$1,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,190
EXPENSES Loan Payment -$643
Property Tax -$207
Property Insurance -$101
HOA -$23
Property Management Fees -$129
CASH FLOW
$86

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$185,000

PROJECTED PRICE

$1,190

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 8.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.25%
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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$54,775

INVESTMENT

$54,775

Down Payment
$46,250
Rehab Estimate
$5,750
Closing Costs
$2,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$643

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $46,250
Loan Amount $138,750
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$20,401

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,190

    LIST RENT
  • $1.06

    LIST RENT PER SQFT
  • $1,160

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,050
1$1,0502$1,1903$1,3004$1,4005$1,437
$1,437
RENT COMPS ANALYSIS
  • 12904 Sunhill Cir Hudson, FL 2
    • 3 beds 2 baths ∙ 1,123 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,123 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $1,190
    • $1.06
    •  
  • 12022 Chuck Cir Hudson, FL 1
    • 3 beds 1 baths ∙ 1,040 Sqft ∙ Built 1983 3 beds 1 baths ∙ 1,040 Sqft ∙ Built 1983
    LEASED 03/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,050
    • $1.01
    •  
  • 12401 Gunstock Ln Hudson, FL 3
    • 3 beds 1 baths ∙ 1,184 Sqft ∙ Built 1976 3 beds 1 baths ∙ 1,184 Sqft ∙ Built 1976
    LEASED 01/29/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.10
    •  
  • 8313 Clover Hill Loop Hudson, FL 4
    • 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1973
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.02
    •  
  • 13112 Sheridan Dr Hudson, FL 5
    • 3 beds 2 baths ∙ 1,438 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,438 Sqft ∙ Built 1980
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,437
    • $1.00
    •  
PROPERTY LISTING DETAILS
Shelly Hayden
1.727.267.7255
Biltmore Group Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8112968
Last Updated: 02/12/2021
BESbswy