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10348 Autumnwood Dr Hudson, FL 34667

3 Beds 2 Baths 1,832 sqft Built 1994

$231,900

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $126.58
  • 3 Days on Market
  • MLS # : U8108768
  • Updated Date : 01/08/2021 at 16:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,832 sqft
  • Baths : 2 full
Listing Agent

Re/max Champions

Listing Agent's Description

No HOA! No CDD! Newly Painted Exterior/Interior Charming 3 bedroom, 2 bath, 3 car garage, Pool home nestled in the highly desired community of Rainbow Oaks! This home has an open concept split bedroom floor plan. Entering the home, you'll notice beautiful Ceramic tile throughout, High ceilings offer an Impressive Open Living Room that adjoins the kitchen /dinette to fit your family's needs along with a view of the beautiful screened in pool! Spacious Master bedroom features a roomy en-suite bathroom equipped with dual sinks, brand new garden tub, separate shower, separate toilet along with 2 sizable his and hers walk-in closets! Adjacent to the garage is an indoor laundry room which includes plenty of built-in cabinets, great for storage! Relax and cool off in the large screened in sparkling pool or lounge around under the spacious covered lanai! Conveniently located near some of Florida's most gorgeous beaches, shopping and dining! Roof and A/C are original, the Hot Water Heater is around 3yrs old. Call and schedule your showing today!

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

Neighborhood: Rainbow Oaks

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $55k238k

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

Neighborhood: Rainbow Oaks

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
Shady Hills Elementary School Primary Regular 6
Crews Lake Middle School Middle Regular 1,201 85 5
Hudson High School High Regular 1,267 82 5

Shady Hills Elementary School

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

Crews Lake Middle School

  • Education Level: Middle
  • # of students: 1,201
  • # of teachers: 85
5
GreatSchools Rating

Hudson High School

  • Education Level: High
  • # of students: 1,267
  • # of teachers: 82
5
GreatSchools Rating
 

$208,710$255,090$231,900

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$805
Property Tax -$260
Property Insurance -$143
Property Management Fees -$129
CASH FLOW
$83

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.

$231,900

PROJECTED PRICE

$1,420

PROJECTED RENT

0.61%

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$800k$900k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$67,204

INVESTMENT

$67,204

Down Payment
$57,975
Rehab Estimate
$5,750
Closing Costs
$3,479

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$805

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $57,975
Loan Amount $173,925
See What Happens When You Reinvest Cash Flow

7.75

YEARS SAVED

$23,223

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,545

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,4003$1,4204$1,425
$1,425
RENT COMPS ANALYSIS
  • 10348 Autumnwood Dr Hudson, FL 3
    • 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $0.78
    •  
  • 10344 Countrywood Ln Hudson, FL 1
    • 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1995
    LEASED 11/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.84
    •  
  • 18847 Parade Rd Hudson, FL 2
    • 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1990
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.87
    •  
  • 18831 Parade Rd Hudson, FL 4
    • 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 1990
    LEASED 04/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.82
    •  
PROPERTY LISTING DETAILS
Danijela Muller
1.727.776.6475
Re/max Champions
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8108768
Last Updated: 01/08/2021
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