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PROPERTY INFO
FACTS
- Single Family
- Built In 2021
- Price/Sqft : $207.47
- 6 Days on Market
- MLS # : T3281815
- Updated Date : 12/22/2020 at 12:25
CONSTRUCTION
- Beds : 3
- Floor Size : 2,193 sqft
- Baths : 2 full , 1 half
Listing Agent
Weekley Homes Realty Company
Listing Agent's Description
Under Construction. Sleek convenience and effortless luxury combine to make The Alstonia lifestyle home plan. Explore your interior design skills in the glamorous open-concept floor plan. The eat-in kitchen features an optimized space for all your culinary endeavors. Gather in the shade of your covered porch and lanai for evening leisure and weekend fun. Your Owner’s Retreat presents a glamorous escape from the world and includes a deluxe bathroom and walk-in closet. The upstairs retreat and downstairs study invite your imagination to create the perfect specialty rooms for your family. Both spare bedrooms provide a delightful space for growth and personalization. David Weekley Homes not only builds an energy efficient home but also provides a stellar 1, 2, and 10 year warranty giving you peace of mind for years to come. Contact our sales team today for more information.
SEE MORE
- 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)
- #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)
PRICE & RENT TRENDS
Zip Code: 34698
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 34698
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,340 |
| EXPENSES | Loan Payment | -$1,679 |
| Property Tax | -$515 | |
| Property Insurance | -$164 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$147
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 8% of earned rent to cover both maintenance and periods of vacancy.
$454,990
PROJECTED PRICE
$2,340
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 5.2% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 5.27% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$122,572
LOAN DETAILS
$1,679
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $113,748 |
| Loan Amount | $341,243 |
4.58
YEARS SAVED
$25,478
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,340
LIST RENT -
$1.07
LIST RENT PER SQFT
-
$3,092
COMP ESTIMATED VALUE -
$1.41
COMP AVG. RENT PER SQFT
Comps Range
-
1018 Oak St Dunedin, FL 1
- 3 beds 3 baths ∙ 2,193 Sqft ∙ Built 2021 3 beds 3 baths ∙ 2,193 Sqft ∙ Built 2021
![property image]()
- Rent
- Rent Per SQFT
- $2,340
- $1.07
-
1777 Bayshore Blvd Dunedin, FL 2
- 3 beds 3 baths ∙ 1,964 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,964 Sqft ∙ Built 2001
![property image]()
LEASED 09/15/20- Rent
- Rent Per SQFT
- $2,775
- $1.41
PROPERTY LISTING DETAILS
1.866.493.3553
Weekley Homes Realty Company
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3281815
Last Updated: 12/22/2020
