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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $189.40
- 2 Days on Market
- MLS # : A4478903
- Updated Date : 01/02/2021 at 19:51
CONSTRUCTION
- Beds : 3
- Floor Size : 2,481 sqft
- Baths : 3 full , 1 half
Listing Agent
Rosedale Realty Inc
Listing Agent's Description
One or more photo(s) has been virtually staged. Incredible 2500- sf “Martinique Plan” with IMPACT RESISTANT windows & doors, designer finishes, and a fabulous water view! Open great room design, tray ceilings, decorative fans & light fixtures, oversized laundry with cabinetry, whole house water softener, all situated on a maintenance-free homesite in the gated community of Rosedale Golf & CC. Large open kitchen with granite countertops, tiled backsplash, under-cabinet lighting, stainless steel appliances, and a large center island. Enjoy 3 full “On suite” bedrooms PLUS den. The spacious master suite has a "huge" walk-in closet, bath features an oversized Roman shower, dual sinks, and decorative tile Guest suites are split & private with their own baths. Expanded screened paver brick lanai with tranquil water view. The patio area has been “plumbed” for a summer kitchen too! Garage storage galore. Located in the maintenance-free neighborhood of The Links at Rosedale. This gated community boasts a full-service clubhouse, social activities, tennis, fitness, Jr. Olympic heated pool and optional golf! NO CDD FEES! Come and enjoy the Florida lifestyle...SEE REMARKS
SEE MORE
- #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
Zip Code: 34211
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 34211
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,700 |
| EXPENSES | Loan Payment | -$1,734 |
| Property Tax | -$517 | |
| Property Insurance | -$188 | |
| HOA | -$139 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$8
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.
$469,900
PROJECTED PRICE
$2,700
PROJECTED RENT
0.57%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.34% |
| Appreciation Year (1-5) | 3.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 3.70% |
| 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
$130,274
LOAN DETAILS
$1,734
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $117,475 |
| Loan Amount | $352,425 |
5.67
YEARS SAVED
$35,360
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,700
LIST RENT -
$1.09
LIST RENT PER SQFT
-
$2,704
COMP ESTIMATED VALUE -
$1.09
COMP AVG. RENT PER SQFT
Comps Range
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- Rent Per SQFT
- $3,000
- $1.15
PROPERTY LISTING DETAILS
1.941.780.1006
Rosedale Realty Inc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: A4478903
Last Updated: 01/02/2021
