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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $142.97
- 4 Days on Market
- MLS # : T3278852
- Updated Date : 12/04/2020 at 01:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,608 sqft
- Baths : 3 full , 1 half
Listing Agent
People's Choice Realty Svc Llc
Listing Agent's Description
This home has 3 bedrooms, 3.5 baths, loft, 2 car garage, no back neighbors and a Brand New Roof!!! As you enter into the foyer which opens to the kitchen and living areas, the kitchen features oak cabinets, plenty of counter space, pantry, breakfast area and all appliances stay. Next to the kitchen is the formal dining room and spacious & bright family room with high ceilings and sliding doors to the lanai. The large master bedroom has a walk-in closet and a private bath with 2 sinks. Other features include large secondary bedrooms (one has a private bath), loft area, laminate flooring throughout the lower level living areas and carpet upstairs. The exterior features a covered and screened lanai overlooking the fenced yard with no back neighbors. This home has it all along with easy access to great schools, shopping, restaurants, MacDill AFB and everything Tampa Bay has to offer!
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
Neighborhood: Seffner Community Alliance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Seffner Community Alliance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,480 |
| EXPENSES | Loan Payment | -$848 |
| Property Tax | -$293 | |
| Property Insurance | -$130 | |
| HOA | -$33 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$47
|
||
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.
$229,900
PROJECTED PRICE
$1,480
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 7.3% |
| 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
$66,674
LOAN DETAILS
$848
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $57,475 |
| Loan Amount | $172,425 |
7.42
YEARS SAVED
$24,669
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,480
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$1,588
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
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11713 Mango Cross Ct Seffner, FL 3
- 3 beds 4 baths ∙ 1,608 Sqft ∙ Built 2003 3 beds 4 baths ∙ 1,608 Sqft ∙ Built 2003
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- Rent
- Rent Per SQFT
- $1,480
- $0.92
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5233 Presidential St Seffner, FL 1
- 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1983
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LEASED 12/13/19- Rent
- Rent Per SQFT
- $1,350
- $0.99
-
11017 Connacht Way Tampa, FL 2
- 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1996
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LEASED 05/04/20- Rent
- Rent Per SQFT
- $1,395
- $1.05
-
4710 Dunquin Pl Tampa, FL 4
- 3 beds 2 baths ∙ 1,512 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,512 Sqft ∙ Built 1994
![property image]()
LEASED 11/25/20- Rent
- Rent Per SQFT
- $1,495
- $0.99
-
5205 Mango Fruit St Seffner, FL 5
- 3 beds 3 baths ∙ 1,764 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,764 Sqft ∙ Built 2004
![property image]()
LEASED 09/01/19- Rent
- Rent Per SQFT
- $1,625
- $0.92
PROPERTY LISTING DETAILS
1.813.334.0005
People's Choice Realty Svc Llc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3278852
Last Updated: 12/04/2020
