Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

12123 Ledbury Commons Dr Gibsonton, FL 33534

3 Beds 2 Baths 1,450 sqft Built 2017

$239,900

List Price

$1,480

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $165.45
  • 2 Days on Market
  • MLS # : T3283457
  • Updated Date : 01/09/2021 at 22:56
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,450 sqft
  • Baths : 2 full
Listing Agent

Re/max Realtec Group Inc

Listing Agent's Description

One or more photo(s) has been virtually staged. This is a beautiful 2017 one story CatAtlantic home that is fully upgraded and ready to move in! Carriage pointe is a quiet and friendly neighbourhood that is well maintained. The home is located at the second phase towards the back and it is a peaceful location! Upon arrival, you will notice the stylish exterior paint, the recently upgraded flower beds and the gorgeous decorative front door! Over $30,000 with of upgrades are provided in the home that include: gorgeous neutral plank tiling throughout the main areas and bathrooms, upgraded carpet in the bedrooms, neutral gray walls throughout the entire home, kitchen includes upgraded espresso cabinetry with soft closing drawers, gorgeous granite and backsplash, stainless steel appliances which include a flex cool refrigerator, huge stainless steel kitchen sink with upgraded faucet and garbage disposal button, bathrooms have matching cabinetry and granite countertops, washer and dryer, extended covered lanai, blinds throughout the home, fans included in each room with an additional prewire located at the lanai, master bath includes an additional sink as well as a spacious shower with upgrade tile and niche, added recessed lighting in dinning and family rooms with all new light bulbs. A truly beautiful home and a must see!

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: Concerned Citizens of Gibsonton Area

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $55k238k

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

Neighborhood: Concerned Citizens of Gibsonton Area

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28009001000110012001300140015001600Rent in $7391625

* 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
Corr Elementary School Primary Regular 747 61 3
Eisenhower Middle School Middle Regular 1,282 86 4
East Bay High School High Regular 2,330 126 4

Corr Elementary School

  • Education Level: Primary
  • # of students: 747
  • # of teachers: 61
3
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
 

$215,910$263,890$239,900

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$833
Property Tax -$391
Property Insurance -$121
HOA -$8
Property Management Fees -$129
CASH FLOW
-$2

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.

$239,900

PROJECTED PRICE

$1,480

PROJECTED RENT

0.62%

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$69,324

INVESTMENT

$69,324

Down Payment
$59,975
Rehab Estimate
$5,750
Closing Costs
$3,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$833

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $59,975
Loan Amount $179,925
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$14,768

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
  • $1.02

    LIST RENT PER SQFT
  • $1,475

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,399
1$1,3992$1,4503$1,4804$1,5005$1,800
$1,800
RENT COMPS ANALYSIS
  • 12123 Ledbury Commons Dr Gibsonton, FL 3
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,480
    • $1.02
    •  
  • 8012 Lilly Bay Ct Gibsonton, FL 1
    • 3 beds 2 baths ∙ 1,374 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,374 Sqft ∙ Built 2005
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $1.02
    •  
  • 7955 Carriage Pointe Dr Gibsonton, FL 2
    • 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 2006
    property image
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.04
    •  
  • 7731 Carriage Pointe Dr Gibsonton, FL 4
    • 3 beds 2 baths ∙ 1,482 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,482 Sqft ∙ Built 2006
    property image
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.01
    •  
  • 6229 Cherry Blossom Trl Gibsonton, FL 5
    • 3 beds 3 baths ∙ 1,800 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,800 Sqft ∙ Built 2008
    property image
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.00
    •  
PROPERTY LISTING DETAILS
Daniel Mcgraw
1.352.345.0642
Re/max Realtec Group Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3283457
Last Updated: 01/09/2021
BESbswy