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10307 Celtic Ash Dr Ruskin, FL 33573

4 Beds 3 Baths 2,280 sqft Built 2009

$259,900

List Price

$1,890

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2009
  • Price/Sqft : $113.99
  • 3 Days on Market
  • MLS # : T3275015
  • Updated Date : 11/07/2020 at 11:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,280 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams - New Tampa

Listing Agent's Description

Welcome home! This Gorgeous home features Spacious living spaces throughout. 10 foot Ceilings downstairs. The interior has all been freshly painted in neutral colors. The large kitchen that is open to the living room features an Island, All appliances stay, a large closet pantry, Plenty of cabinet space, Can lighting and looks out to the spacious back yard. The oven & Microwave are less then a year old. Large Utility room is located on the first floor. As you Enter the upstairs you will find A Huge bonus area That has endless possibilities for its use. All Bedrooms are located upstairs one of the secondary bedrooms has a nice walk in closet. The master Suite features a walk in closet and a master bath that features Dual sinks, a garden Tub, Stand up shower and a water closet. Washer, Dryer & Culligan water softener Stay. Washing machine is only 2 years old. Generous amount of storage space, Plenty of natural light and Blinds through out the home. A slider leads out to a huge back yard fully fenced, With a man gate on each side also a large 12x27 patio. Located in the Highly sought after community of Belmont Low HOA & CDD but great amenities to include Resort style pool, 2 tennis courts, Basket ball courts and a playground. Minutes form Shopping, Dining the YMCA and the Hospital. Publix located at the front of the subdivision for those Quick runs to the grocery store. Sellers love everything about the home but relocation forces sale! Hurry and take a look at this one before its gone! It will not last long.

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*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $85k329k

* 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
Doby Elementary School Primary Regular 808 65 6
Eisenhower Middle School Middle Regular 1,282 86 4
East Bay High School High Regular 2,330 126 4

Doby Elementary School

  • Education Level: Primary
  • # of students: 808
  • # of teachers: 65
6
GreatSchools Rating

Eisenhower Middle School

  • Education Level: Middle
  • # of students: 1,282
  • # of teachers: 86
4
GreatSchools Rating

East Bay High School

  • Education Level: High
  • # of students: 2,330
  • # of teachers: 126
4
GreatSchools Rating
 

$233,910$285,890$259,900

PURCHASE PRICE

$1,701$2,079$1,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,890
EXPENSES Loan Payment -$959
Property Tax -$395
Property Insurance -$169
HOA -$10
Property Management Fees -$80
CASH FLOW
$277

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.

$259,900

PROJECTED PRICE

$1,890

PROJECTED RENT

0.73%

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$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,624

INVESTMENT

$74,624

Down Payment
$64,975
Rehab Estimate
$5,750
Closing Costs
$3,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,975
Loan Amount $194,925
See What Happens When You Reinvest Cash Flow

11.5

YEARS SAVED

$52,442

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,890

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,870

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$1,700
1$1,7002$1,8903$1,9004$1,9255$2,000
$2,000
RENT COMPS ANALYSIS
  • 10307 Celtic Ash Dr Ruskin, FL 2
    • 4 beds 3 baths ∙ 2,280 Sqft ∙ Built 2009 4 beds 3 baths ∙ 2,280 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $1,890
    • $0.83
    •  
  • 10263 Newminster Loop Ruskin, FL 1
    • 4 beds 3 baths ∙ 2,307 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,307 Sqft ∙ Built 2013
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.74
    •  
  • 10267 Newminster Loop Ruskin, FL 3
    • 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2008
    LEASED 07/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.90
    •  
  • 9731 Sage Creek Dr Ruskin, FL 4
    • 4 beds 2 baths ∙ 2,465 Sqft ∙ Built 2018 4 beds 2 baths ∙ 2,465 Sqft ∙ Built 2018
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $0.78
    •  
  • 10061 Sage Creek Dr Ruskin, FL 5
    • 4 beds 3 baths ∙ 2,334 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,334 Sqft ∙ Built 2017
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.86
    •  
PROPERTY LISTING DETAILS
Michelle Clayton
1.813.994.4422
Keller Williams - New Tampa
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3275015
Last Updated: 11/07/2020
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