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1075 Dogwood Dr Dunedin, FL 34698

3 Beds 2 Baths 1,501 sqft Built 1964

$324,900

List Price

$1,760

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $216.46
  • 2 Days on Market
  • MLS # : O5957993
  • Updated Date : 07/13/2021 at 09:16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,501 sqft
  • Baths : 2 full
Listing Agent

Carom Realty

Listing Agent's Description

WELCOME HOME to this charming well maintained home in established neighborhoodin the desirable City of Dunedin. This three bedroom two bath split floor plan property has a lovely eat in kitchen featuring Updated Quartz countertops, solid wood cabinets and built in hutch for extra storage. Master bedroom includes built in bookcase. A decorative fireplace adds warmth to the living room. New AC 2019, Roof 2014. Close to shopping restaurants, Tampa Intern Airport & beautiful gulf beaches. Schedule your showing today.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • #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)

PRICE & RENT TRENDS

Zip Code: 34698

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k242k

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

Zip Code: 34698

ZipNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8781846

* 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
Garrison-jones Elementary School Primary Regular 697 48 5
Safety Harbor Middle School Middle Regular 1,319 75 5
Dunedin High School High Regular 1,517 76 4

Garrison-jones Elementary School

  • Education Level: Primary
  • # of students: 697
  • # of teachers: 48
5
GreatSchools Rating

Safety Harbor Middle School

  • Education Level: Middle
  • # of students: 1,319
  • # of teachers: 75
5
GreatSchools Rating

Dunedin High School

  • Education Level: High
  • # of students: 1,517
  • # of teachers: 76
4
GreatSchools Rating
 

$292,410$357,390$324,900

PURCHASE PRICE

$1,584$1,936$1,760

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,760
EXPENSES Loan Payment -$1,129
Property Tax -$422
Property Insurance -$124
Property Management Fees -$129
CASH FLOW
-$43

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.

$324,900

PROJECTED PRICE

$1,760

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$91,849

INVESTMENT

$91,849

Down Payment
$81,225
Rehab Estimate
$5,750
Closing Costs
$4,874

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,129

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $81,225
Loan Amount $243,675
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$19,194

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,760

    LIST RENT
  • $1.17

    LIST RENT PER SQFT
  • $1,771

    COMP ESTIMATED VALUE
  • $1.18

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,7603$1,7954$1,7995$1,799
$1,799
RENT COMPS ANALYSIS
  • 1075 Dogwood Dr Dunedin, FL 2
    • 3 beds 2 baths ∙ 1,501 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,501 Sqft ∙ Built 1964
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,760
    • $1.17
    •  
  • 1011 Vineyard Ct Dunedin, FL 1
    • 3 beds 2 baths ∙ 1,340 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,340 Sqft ∙ Built 1983
    property image
    LEASED 11/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.26
    •  
  • 2035 Southpointe Dr Dunedin, FL 3
    • 3 beds 2 baths ∙ 1,497 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,497 Sqft ∙ Built 1974
    property image
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.20
    •  
  • 2131 Greenbriar Blvd Clearwater, FL 4
    • 3 beds 2 baths ∙ 1,583 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,583 Sqft ∙ Built 1966
    property image
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $1.14
    •  
  • 2265 Lisa Ct Dunedin, FL 5
    • 4 beds 2 baths ∙ 1,605 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,605 Sqft ∙ Built 1979
    property image
    LEASED 12/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $1.12
    •  
PROPERTY LISTING DETAILS
Verlon Eason
1.407.719.2038
Carom Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5957993
Last Updated: 07/13/2021
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