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13613 Pimberton Dr Hudson, FL 34669

3 Beds 2 Baths 1,704 sqft Built 2002

$224,500

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $131.75
  • 5 Days on Market
  • MLS # : OM615136
  • Updated Date : 02/11/2021 at 21:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,704 sqft
  • Baths : 2 full
Listing Agent

Remax Realty One

Listing Agent's Description

Easy living beckons you HOME! Beautifully and tastefully maintained, this SLICE of HEAVEN is yours for the taking! New Roof will be installed in 2022! Recent Exterior Paint. Freshly painted interior with UPDATED light fixtures and decorative FANS. Generous Screened Lanai with 10 Foot Roller Shades. Enjoy community living that is sooo CONVENIENTLY located near shopping and medical facilities. This 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: Preserve at Fairway Oaks

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $55k238k

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

Neighborhood: Preserve at Fairway Oaks

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
Northwest Elementary School Primary Regular 712 60 4
Hudson Middle School Middle Regular 743 51 3
Fivay High School High Regular 1,320 81 4

Northwest Elementary School

  • Education Level: Primary
  • # of students: 712
  • # of teachers: 60
4
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
 

$202,050$246,950$224,500

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$780
Property Tax -$252
Property Insurance -$135
HOA -$269
Property Management Fees -$129
CASH FLOW
-$25

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.

$224,500

PROJECTED PRICE

$1,540

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 7.9%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$65,243

INVESTMENT

$65,243

Down Payment
$56,125
Rehab Estimate
$5,750
Closing Costs
$3,368

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$780

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,125
Loan Amount $168,375
See What Happens When You Reinvest Cash Flow

4.67

YEARS SAVED

$10,541

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,546

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5293$1,5404$1,5455$1,695
$1,695
RENT COMPS ANALYSIS
  • 13613 Pimberton Dr Hudson, FL 3
    • 3 beds 2 baths ∙ 1,704 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,704 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.90
    •  
  • 8906 Welsh Way Hudson, FL 1
    • 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1987
    LEASED 03/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
  • 8906 Whistler Way Hudson, FL 2
    • 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1991
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,529
    • $0.88
    •  
  • 13748 Meade Ct Hudson, FL 4
    • 3 beds 2 baths ∙ 1,643 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,643 Sqft ∙ Built 2004
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.94
    •  
  • 9318 Woodstone Ln Hudson, FL 5
    • 4 beds 2 baths ∙ 1,942 Sqft ∙ Built 1993 4 beds 2 baths ∙ 1,942 Sqft ∙ Built 1993
    LEASED 09/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.87
    •  
PROPERTY LISTING DETAILS
Sheryl Potts
1.352.697.5500
Remax Realty One
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: OM615136
Last Updated: 02/11/2021
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