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12733 Trucious Pl Tampa, FL 33625

4 Beds 2 Baths 1,360 sqft Built 1986

$299,900

List Price

$1,560

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $220.51
  • 7 Days on Market
  • MLS # : T3287746
  • Updated Date : 02/01/2021 at 11:20
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,360 sqft
  • Baths : 2 full
Listing Agent

Offerpad Brokerage

Listing Agent's Description

VACANT and easy to show live or through our 3D tour! This cute 4 bedroom 2 bathroom home with a 2 car garage is located in Logan Gate Village. New Exterior and Interior Paint. Living room upon entry. Kitchen is equipped with new cabinetry, new granite countertops, and stainless appliances. SPLIT FLOOR PLAN. Screened in back porch to enjoy and relax. Fenced backyard with plenty of space to entertain or make yours. Conveniently located in Tampa minutes to Veterans Expressway, Dale Mabry Hwy, I-275, Raymond James Stadium, Citrus Park Mall, International Mall, Tampa International Airport, Restaurants, Shopping, and MORE!

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: Logan Gate Village

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k241k

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

Neighborhood: Logan Gate Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8781613

* 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
Bellamy Elementary School Primary Regular 706 62 5
Smith Middle School Middle Regular 854 53 6
Sickles High School High Regular 2,135 110 7

Bellamy Elementary School

  • Education Level: Primary
  • # of students: 706
  • # of teachers: 62
5
GreatSchools Rating

Smith Middle School

  • Education Level: Middle
  • # of students: 854
  • # of teachers: 53
6
GreatSchools Rating

Sickles High School

  • Education Level: High
  • # of students: 2,135
  • # of teachers: 110
7
GreatSchools Rating
 

$269,910$329,890$299,900

PURCHASE PRICE

$1,404$1,716$1,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,560
EXPENSES Loan Payment -$1,042
Property Tax -$369
Property Insurance -$115
Property Management Fees -$129
CASH FLOW
-$94

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.

$299,900

PROJECTED PRICE

$1,560

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 9.5%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$13,569

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,560

    LIST RENT
  • $1.15

    LIST RENT PER SQFT
  • $1,520

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,5603$1,5994$1,6005$1,700
$1,700
RENT COMPS ANALYSIS
  • 12733 Trucious Pl Tampa, FL 2
    • 4 beds 2 baths ∙ 1,360 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,360 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $1,560
    • $1.15
    •  
  • 6707 Spanish Moss Cir Tampa, FL 1
    • 3 beds 2 baths ∙ 1,397 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,397 Sqft ∙ Built 1984
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.11
    •  
  • 7017 Monterron Ln Tampa, FL 3
    • 3 beds 2 baths ∙ 1,408 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,408 Sqft ∙ Built 1983
    LEASED 04/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $1.14
    •  
  • 12707 Trucious Pl Tampa, FL 4
    • 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1986
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.10
    •  
  • 13729 Country Court Dr Tampa, FL 5
    • 4 beds 2 baths ∙ 1,524 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,524 Sqft ∙ Built 1979
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.12
    •  
PROPERTY LISTING DETAILS
Rob Jones
1.813.534.6326
Offerpad Brokerage
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3287746
Last Updated: 02/01/2021
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