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

10228 Geese Trail Cir Sun City Center, FL 33573

4 Beds 3 Baths 2,078 sqft Built 2019

$230,000

List Price

$1,800

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $110.68
  • 2 Days on Market
  • MLS # : T3282263
  • Updated Date : 01/09/2021 at 09:35
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,078 sqft
  • Baths : 2 full , 1 half
Listing Agent

Premier Realty Of Tampa

Listing Agent's Description

Why wait to build??? This beautiful MOVE IN READY home in the desirable Cypress Creek Community boasts NEW without the wait! This 2 story with concrete block up through the second floor, unlike most other builders, Builder warranty, Basic cable included in HOA dues, and Guardian Security features are just a few of the benefit features of new construction. Tastefully added finishes such as fresh paint, pallet wall, laminate flooring throughout living and dining room, upgraded lighting throughout interior and exterior of this home, water softener, and fully fenced back yard makes it a winner! Walking into your new home you will find a Large open-concept area that includes the kitchen, living and dining areas with powder room and an outdoor patio perfect for entertaining. Your kitchen comes equipped with All appliances, including refrigerator, built-in dishwasher, electric range, and microwave, beautiful light cabinets, tile backsplash and flooring grounded by a huge center island! Upstairs, you will find the private owner's suite with large ensuite bathroom and walk-in closet. The laundry room is located upstairs for convenient access and comes with a washer and dryer!! Three additional bedrooms and shared second bathroom finish up this perfect home. With neighborhood amenities to include open-air clubhouse, 2 community pools & cabana area, basketball, playground, dog park, fitness stations, easy access to I-75, Wal-Mart and Publix, and zoned for the new Sumner High School you can’t go wrong!

SEE MORE

MARKET HIGHLIGHTS

  • 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: 33573

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $85k238k

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

Zip Code: 33573

ZipNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8781597

* 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
Cypress Creek Elementary School Primary Regular 649 60 2
Shields Middle School Middle Regular 1,474 99 2
Lennard High School High Regular 1,976 114 4

Cypress Creek Elementary School

  • Education Level: Primary
  • # of students: 649
  • # of teachers: 60
2
GreatSchools Rating

Shields Middle School

  • Education Level: Middle
  • # of students: 1,474
  • # of teachers: 99
2
GreatSchools Rating

Lennard High School

  • Education Level: High
  • # of students: 1,976
  • # of teachers: 114
4
GreatSchools Rating
 

$207,000$253,000$230,000

PURCHASE PRICE

$1,620$1,980$1,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,800
EXPENSES Loan Payment -$799
Property Tax -$372
Property Insurance -$157
HOA -$46
Property Management Fees -$129
CASH FLOW
$297

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.

$230,000

PROJECTED PRICE

$1,800

PROJECTED RENT

0.78%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 8.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.27%
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$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,700

INVESTMENT

$66,700

Down Payment
$57,500
Rehab Estimate
$5,750
Closing Costs
$3,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$799

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $57,500
Loan Amount $172,500
See What Happens When You Reinvest Cash Flow

12.25

YEARS SAVED

$43,431

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,800

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,896

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,8003$1,8004$1,8505$1,970
$1,970
RENT COMPS ANALYSIS
  • 10228 Geese Trail Cir Sun City Center, FL 3
    • 4 beds 3 baths ∙ 2,078 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,078 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.87
    •  
  • 10138 Geese Trail Cir Ruskin, FL 1
    • 3 beds 3 baths ∙ 1,778 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,778 Sqft ∙ Built 2017
    LEASED 07/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.84
    •  
  • 15740 Crystal Waters Dr Wimauma, FL 2
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2007
    LEASED 05/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.97
    •  
  • 10126 Mangrove Well Rd Sun City Center, FL 4
    • 4 beds 3 baths ∙ 2,260 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,260 Sqft ∙ Built 2018
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.82
    •  
  • 10109 Carp Hollow Rd Sun City Center, FL 5
    • 4 beds 2 baths ∙ 1,930 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,930 Sqft ∙ Built 2018
    LEASED 01/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,970
    • $1.02
    •  
PROPERTY LISTING DETAILS
Tabatha Miles
1.478.334.1852
Premier Realty Of Tampa
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3282263
Last Updated: 01/09/2021
BESbswy