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14261 Sundial Pl Lakewood Ranch, FL 34202

3 Beds 3 Baths 2,309 sqft Built 2007

$474,900

List Price

$2,600

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $205.67
  • 3 Days on Market
  • MLS # : A4485813
  • Updated Date : 12/11/2020 at 15:58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,309 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

A Greenbrook Ravines Gem This home features 3 Bedrooms 3 full baths, den/office open light and bright floor plan with a pool that overlooks a beautiful water view. A large open kitchen with plenty of counter space opens up to a large family room, great for entertaining. A separate dining area and a breakfast nook offers multiple places for the family to spread out. Master bedroom is very spacious with a large master bath that features a garden tub separate shower and dual sinks. This home is centrally located in One of the top communities in the U.S. The Elementary and middle school are a short walk away. Restaurants, shopping, entertainment, hospitals and doctors are all close by. Furnishing and most household items are all negotiable. This special home won't last long so schedule your appointment today.

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: Greenbrook Village

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $123k509k

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

Neighborhood: Greenbrook Village

ZipNIR Market*CityMarket20102015Year20082019 Q214001600180020002200240026002800Rent in $12942926

* 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
Mcneal Elementary School Primary Regular 769 48 8
Nolan Middle School Middle Regular 1,130 60 7
Lakewood Ranch High School High Regular 2,299 95 7

Mcneal Elementary School

  • Education Level: Primary
  • # of students: 769
  • # of teachers: 48
8
GreatSchools Rating

Nolan Middle School

  • Education Level: Middle
  • # of students: 1,130
  • # of teachers: 60
7
GreatSchools Rating

Lakewood Ranch High School

  • Education Level: High
  • # of students: 2,299
  • # of teachers: 95
7
GreatSchools Rating
 

$427,410$522,390$474,900

PURCHASE PRICE

$2,340$2,860$2,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,600
EXPENSES Loan Payment -$1,752
Property Tax -$652
Property Insurance -$178
HOA -$9
Property Management Fees -$129
CASH FLOW
-$120

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$474,900

PROJECTED PRICE

$2,600

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.34%
Appreciation Year (1-5) 3.2%
Maintenance Year (1-5) 8.00%
Vacancy 3.70%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$131,599

INVESTMENT

$131,599

Down Payment
$118,725
Rehab Estimate
$5,750
Closing Costs
$7,124

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,752

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $118,725
Loan Amount $356,175
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$25,049

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,600

    LIST RENT
  • $1.13

    LIST RENT PER SQFT
  • $2,644

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$2,349
1$2,3492$2,6003$2,7004$2,7795$2,800
$2,800
RENT COMPS ANALYSIS
  • 14261 Sundial Pl Lakewood Ranch, FL 2
    • 3 beds 3 baths ∙ 2,309 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,309 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.13
    •  
  • 15111 Skip Jack Loop Lakewood Ranch, FL 1
    • 4 beds 3 baths ∙ 2,217 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,217 Sqft ∙ Built 2007
    LEASED 09/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,349
    • $1.06
    •  
  • 14024 Nighthawk Ter Lakewood Ranch, FL 3
    • 4 beds 3 baths ∙ 2,431 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,431 Sqft ∙ Built 2003
    LEASED 03/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.11
    •  
  • 6418 Royal Tern Cir Lakewood Ranch, FL 4
    • 4 beds 3 baths ∙ 2,244 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,244 Sqft ∙ Built 2005
    LEASED 01/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,779
    • $1.24
    •  
  • 6214 Warbler Ln Lakewood Ranch, FL 5
    • 4 beds 3 baths ∙ 2,400 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,400 Sqft ∙ Built 2002
    LEASED 05/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.17
    •  
PROPERTY LISTING DETAILS
Frank Castrogiovanni
1.941.735.8088
Coldwell Banker Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: A4485813
Last Updated: 12/11/2020
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