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
1257 Foxwood Dr 
Lutz, FL
33549
3 Beds 2 Baths 1,314 sqft
Built 1979
INVESTimate
$250,000
List Price
$72,000
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1979
- Price/Sqft : $190.26
- 6 Days on Market
- MLS # : T3260712
- Updated Date : 08/24/2020 at 11:43
CONSTRUCTION
- Beds : 3
- Floor Size : 1,314 sqft
- Baths : 2 full
Listing Agent
Pineywoods Realty Llc
Listing Agent's Description
Upon arrival of this three bedroom, two bathroom home, you'll notice the beautiful curb appeal. The split floor plan, kitchen and attached dining space opens up to a screened-in lanai. The back yard offers a serene space to enjoy nature. There are beautiful, laminate flooring throughout the living space and spare bedrooms. The home has no HOA or deed restrictions. The home also features a new roof in December, 2019 and a new A/C unit in June of 2018. Schedule your showing today!
SEE MORE
- 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)
- 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)
PRICE & RENT TRENDS
Neighborhood: Foxwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Foxwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,270 |
| EXPENSES | Loan Payment | -$922 |
| Property Tax | -$279 | |
| Property Insurance | -$113 | |
| Property Management Fees | -$80 | |
|
CASH FLOW
-$124
|
||
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.
$250,000
PROJECTED PRICE
$1,270
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 6.93% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.26% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$72,000
LOAN DETAILS
$922
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $62,500 |
| Loan Amount | $187,500 |
4
YEARS SAVED
$10,688
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,270
LIST RENT -
$0.97
LIST RENT PER SQFT
-
$1,291
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
-
1257 Foxwood Dr Lutz, 2
- 3 beds 2 baths ∙ 1,314 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,314 Sqft ∙ Built 1979
![property image]()
- Rent
- Rent Per SQFT
- $1,270
- $0.97
-
22748 Penny Loop Land O Lakes, 1
- 4 beds 2 baths ∙ 1,305 Sqft ∙ Built 1984 4 beds 2 baths ∙ 1,305 Sqft ∙ Built 1984
![property image]()
LEASED 01/31/20- Rent
- Rent Per SQFT
- $1,250
- $0.96
-
21617 Southwood Dr Lutz, 3
- 4 beds 2 baths ∙ 1,372 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,372 Sqft ∙ Built 1979
![property image]()
LEASED 10/01/19- Rent
- Rent Per SQFT
- $1,295
- $0.94
-
21513 Northwood Dr Lutz, 4
- 3 beds 2 baths ∙ 1,354 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,354 Sqft ∙ Built 1978
![property image]()
LEASED 05/23/20- Rent
- Rent Per SQFT
- $1,350
- $1.00
-
2628 Kristi Ct Land O Lakes, 5
- 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1979
![property image]()
LEASED 12/04/19- Rent
- Rent Per SQFT
- $1,499
- $1.03
PROPERTY LISTING DETAILS
1.727.687.4846
Pineywoods Realty Llc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3260712
Last Updated: 08/24/2020
