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13005 Smoke Tree Way 
Bayonet Point, FL
34667
3 Beds 3 Baths 2,131 sqft
Built 1979
INVESTimate
$259,999
List Price
$74,650
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PROPERTY INFO
FACTS
- Built In 1979
- Price/Sqft : $122.01
- 3 Days on Market
- MLS # : T3260490
- Updated Date : 08/25/2020 at 04:36
CONSTRUCTION
- Beds : 3
- Floor Size : 2,131 sqft
- Baths : 3 full
Listing Agent
Us Realty Hub Llc
Listing Agent's Description
This Uniquely European styled home offers 3 bedrooms, 3 baths, a 2 car garage, and 2,131 square feet of living. Gorgeous views from every aspect of the rear of this home. Comfortably situated at the 15th hole of Beacon Woods Golf course. This home features natural light, eccentric detail with an old world feel, three spacious bedrooms including; a private oversized owners bed and bath upstairs with a bay window overlooking the golf course, balcony, and an extremely large walk in closet. The split plan downstairs accommodates a large bedroom with bath ensuite, and a third bedroom opposite the home with access to the airy patio under the pergola. Enter the home through solid wood, double entry doors to a formal living room-dining room combo. Pass through to a connecting family room with fireplace and access to a pergola patio or covered and screened lanai downstairs. Central to the downstairs is a kitchen with scenic views from every direction. Natural light is provided through four sets of sliding doors. This home has mature landscaping and no rear neighbors. A must see home in the desirable Beacon Woods community. Come see this charming diamond in the rough and its’ incredible amount of potential. Enjoy all-inclusive, resort-style living in this community for a very low HOA. Amenities include community swimming pool, golf and clubhouse, tennis and basketball courts, a playground and more. Conveniently located near Gulf Coast beaches, shopping, and schools. Just twelve miles from desirable and booming Trinity area with shopping and restaurants, and twenty-eight miles to Tampa International Airport. Don’t miss this treasure! (All information to be verified by buyer).
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: Beacon Woods
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Beacon Woods
* 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 | $1,600 |
| EXPENSES | Loan Payment | -$959 |
| Property Tax | -$123 | |
| Property Insurance | -$160 | |
| HOA | -$24 | |
| Property Management Fees | -$80 | |
|
CASH FLOW
$253
|
||
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.
$259,999
PROJECTED PRICE
$1,600
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.87% |
| Appreciation Year (1-5) | 11.29% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.25% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$74,650
LOAN DETAILS
$959
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $65,000 |
| Loan Amount | $194,999 |
11.42
YEARS SAVED
$52,078
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,600
LIST RENT -
$0.75
LIST RENT PER SQFT
-
$1,737
COMP ESTIMATED VALUE -
$0.82
COMP AVG. RENT PER SQFT
Comps Range
-
13005 Smoke Tree Way Bayonet Point, 4
- 3 beds 3 baths ∙ 2,131 Sqft ∙ Built 1979 3 beds 3 baths ∙ 2,131 Sqft ∙ Built 1979
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- Rent
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- $1,600
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LEASED 05/28/19- Rent
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- $1,550
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LEASED 05/07/19- Rent
- Rent Per SQFT
- $1,600
- $0.78
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8304 Reynolds Dr Hudson, 3
- 3 beds 2 baths ∙ 1,932 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,932 Sqft ∙ Built 1984
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LEASED 02/07/20- Rent
- Rent Per SQFT
- $1,600
- $0.83
-
13542 Summerwood Ct Hudson, 5
- 3 beds 2 baths ∙ 1,984 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,984 Sqft ∙ Built 1990
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LEASED 03/24/20- Rent
- Rent Per SQFT
- $1,700
- $0.86
PROPERTY LISTING DETAILS
1.352.584.3440
Us Realty Hub Llc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3260490
Last Updated: 08/25/2020
