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13013 Western Cir Hudson, FL 34667

4 Beds 2 Baths 1,500 sqft Built 1985

$168,000

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
December 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $112.00
  • 7 Days on Market
  • MLS # : W7829439
  • Updated Date : 12/29/2020 at 01:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,500 sqft
  • Baths : 2 full
Listing Agent

Bhhs Florida Properties Group

Listing Agent's Description

Wow, what a fabulous view of the 5th hole at Beacon Woods Golf Course that you and your guests will enjoy from your screened in lanai. This home has 4 bedrooms, 2 full bath and 2 car garage. As you walk into the foyer, you have the living room with vaulted ceiling and carpet. The kitchen has a wonderful breakfast nook area and overlooks the dining room with tile flooring. The master bedroom has plenty of room for all your pieces plus the master bath has separate toilet closet with shower. The roof is 1 year old and the a/c system is 1-2 years old. This home is a must see!

SEE MORE

MARKET HIGHLIGHTS

  • #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: Beacon Woods

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $55k238k

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

Neighborhood: Beacon Woods

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7391590

* 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
Hudson Elementary School Primary Regular 604 45 1
Hudson Middle School Middle Regular 743 51 3
Fivay High School High Regular 1,320 81 4

Hudson Elementary School

  • Education Level: Primary
  • # of students: 604
  • # of teachers: 45
1
GreatSchools Rating

Hudson Middle School

  • Education Level: Middle
  • # of students: 743
  • # of teachers: 51
3
GreatSchools Rating

Fivay High School

  • Education Level: High
  • # of students: 1,320
  • # of teachers: 81
4
GreatSchools Rating
 

$151,200$184,800$168,000

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$620
Property Tax -$190
Property Insurance -$123
HOA -$24
Property Management Fees -$129
CASH FLOW
$364

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.

$168,000

PROJECTED PRICE

$1,450

PROJECTED RENT

0.86%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 11.3%
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$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$50,270

INVESTMENT

$50,270

Down Payment
$42,000
Rehab Estimate
$5,750
Closing Costs
$2,520

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$620

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $42,000
Loan Amount $126,000
See What Happens When You Reinvest Cash Flow

15.33

YEARS SAVED

$49,053

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,450

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,429

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,275
1$1,2752$1,4003$1,4374$1,4505$1,450
$1,450
RENT COMPS ANALYSIS
  • 13013 Western Cir Hudson, FL 5
    • 4 beds 2 baths ∙ 1,500 Sqft ∙ Built 1985 4 beds 2 baths ∙ 1,500 Sqft ∙ Built 1985
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.97
    •  
  • 8205 Roxboro Dr Hudson, FL 1
    • 3 beds 2 baths ∙ 1,506 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,506 Sqft ∙ Built 1985
    property image
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.85
    •  
  • 8313 Clover Hill Loop Hudson, FL 2
    • 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1973
    property image
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.02
    •  
  • 13112 Sheridan Dr Hudson, FL 3
    • 3 beds 2 baths ∙ 1,438 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,438 Sqft ∙ Built 1980
    property image
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,437
    • $1.00
    •  
  • 8906 Welsh Way Hudson, FL 4
    • 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1987
    property image
    LEASED 03/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
PROPERTY LISTING DETAILS
Megan Stavro
1.727.505.4249
Bhhs Florida Properties Group
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: W7829439
Last Updated: 12/29/2020
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