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PROPERTY INFO
FACTS
- Single Family
- Built In 1980
- Price/Sqft : $212.58
- 5 Days on Market
- MLS # : U8109875
- Updated Date : 01/14/2021 at 01:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,646 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker Residential
Listing Agent's Description
Welcome home to this beautiful property. This three bedroom two bath home has so much to offer for a new buyer. This three bedroom two full bath home is located on a quiet end of the street and offers a split floor plan which has been updated with soft gray and light tones. This home offers an open feel throughout the home and is very spacious . The living area also includes a wood burning fireplace to enjoy family and social time in front of the fire. The kitchen is stunning with all stainless LG appliances, bright white cabinetry, gorgeous granite countertops throughout that also provides room for bar stools for an additional eat in area. You will enjoy the spacious yard which has easy access to the Pinellas Trail and plenty of additional parking for either a boat or an RV. In addition to the many upgrades there is a newer roof (replaced in 2017) and newer windows (2018). This home is very centrally located with easy access provided to schools, shopping at Seminole City Center, VA hospital, the Pinellas Trail and just a short distance to the white sandy beaches that are well known in our area. Call me today to schedule your showing.
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: 33772
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 33772
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,960 |
| EXPENSES | Loan Payment | -$1,215 |
| Property Tax | -$382 | |
| Property Insurance | -$132 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$102
|
||
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.
$349,900
PROJECTED PRICE
$1,960
PROJECTED RENT
0.56%
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) | 8.00% |
| 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
$98,474
LOAN DETAILS
$1,215
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $87,475 |
| Loan Amount | $262,425 |
7.83
YEARS SAVED
$35,532
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,960
LIST RENT -
$1.19
LIST RENT PER SQFT
-
$1,971
COMP ESTIMATED VALUE -
$1.2
COMP AVG. RENT PER SQFT
Comps Range
-
10554 65th Ave Seminole, FL 3
- 3 beds 2 baths ∙ 1,646 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,646 Sqft ∙ Built 1980
- Rent
- Rent Per SQFT
- $1,960
- $1.19
-
10791 64th Ave Seminole, FL 1
- 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1960
LEASED 07/10/20- Rent
- Rent Per SQFT
- $1,599
- $1.21
-
10291 Blossom Lake Dr Seminole, FL 2
- 3 beds 2 baths ∙ 1,606 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,606 Sqft ∙ Built 1964
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,800
- $1.12
-
10821 Freedom Blvd Seminole, FL 4
- 4 beds 2 baths ∙ 1,715 Sqft ∙ Built 1961 4 beds 2 baths ∙ 1,715 Sqft ∙ Built 1961
LEASED 11/02/20- Rent
- Rent Per SQFT
- $2,000
- $1.17
-
11400 Walker Ave Seminole, FL 5
- 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1964
LEASED 05/29/20- Rent
- Rent Per SQFT
- $2,100
- $1.29
PROPERTY LISTING DETAILS
1.727.804.3960
Coldwell Banker Residential
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: U8109875
Last Updated: 01/14/2021
