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13323 Graham Yarden Dr Riverview, FL 33579

4 Beds 3 Baths 2,006 sqft Built 2010

$275,000

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $137.09
  • 2 Days on Market
  • MLS # : T3287372
  • Updated Date : 01/30/2021 at 14:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,006 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Tampa Prop.

Listing Agent's Description

Why wait to build? When you can have the upgrades in the home you deserve TODAY! Beautifully maintained 4 bedroom 3 bathroom home in the Windrose section of South Forks. As you walk through the front door you are greeted with a HUGE formal entry that enters into your wide open floor plan perfect for entertaining. Your Gorgeous Kitchen is upgraded with Dark wood Cabinets and Granite counter tops. Storage is not an issue with your large pantry. The kitchen Overlooks the LARGE Living/Dining room combo. The ENTIRE home has been upgraded with oversized wood style waterproof tile floors for a clean transition from room to room. The home is Perfectly designed with a split floor plan... retreat to your oversize master suite to soak up your spa like ensuite that includes dual vanities trimmed in the same dark wood and granite as the rest of your home, an oversize soaking tub, large walk in shower and water closet. You will find an guest suite on the same side of home with its own ensuite and the 2 additional bedrooms shares their own on the opposite side of the home...

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: South Fork

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k343k

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

Neighborhood: South Fork

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9052007

* 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
Summerfield Crossings Elementary School Primary Regular 915 62 3
Eisenhower Middle School Middle Regular 1,282 86 4
East Bay High School High Regular 2,330 126 4

Summerfield Crossings Elementary School

  • Education Level: Primary
  • # of students: 915
  • # of teachers: 62
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
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,690
EXPENSES Loan Payment -$955
Property Tax -$467
Property Insurance -$153
HOA -$12
Property Management Fees -$129
CASH FLOW
-$27

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.

$275,000

PROJECTED PRICE

$1,690

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 5.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
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$900k

PROJECTED ANNUAL CASH FLOW

11530-$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$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$955

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$16,560

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,690

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $1,665

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,6503$1,6754$1,6905$1,750
$1,750
RENT COMPS ANALYSIS
  • 13323 Graham Yarden Dr Riverview, FL 4
    • 4 beds 3 baths ∙ 2,006 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,006 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.84
    •  
  • 11525 Misty Isle Ln Riverview, FL 1
    • 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 2005
    LEASED 03/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.83
    •  
  • 13301 Graham Yarden Dr Riverview, FL 2
    • 4 beds 3 baths ∙ 2,174 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,174 Sqft ∙ Built 2008
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.76
    •  
  • 12403 Cedarfield Dr Riverview, FL 3
    • 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004
    LEASED 03/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.86
    •  
  • 13421 Graham Yarden Dr Riverview, FL 5
    • 4 beds 3 baths ∙ 2,006 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,006 Sqft ∙ Built 2010
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.87
    •  
PROPERTY LISTING DETAILS
Megan Stephan
1.612.770.6582
Keller Williams Tampa Prop.
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3287372
Last Updated: 01/30/2021
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