Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $152.26
- 4 Days on Market
- MLS # : T3280020
- Updated Date : 12/11/2020 at 10:43
CONSTRUCTION
- Beds : 3
- Floor Size : 1,596 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker Residential
Listing Agent's Description
This gorgeous, spacious, almost BRAND NEW, 3 bedroom, 2 bath home in conveniently located MIRABELLA is a MUST SEE! The first thing you will notice in this home is the love and care the owners have invested! This house has so much to offer, it's hard to mention it all. As you pull up to this home, notice the lovely plants, stone accents, and take note of a newly added irrigation system. Open the door to find the upgraded and trendy wood-look tile EVERYWHERE except the guest bedrooms. The open-concept living, dining, and kitchen combo is a dream for entertaining, raising a family, or just relaxing alone. This great space opens to a screened-in lanai, and large, fenced-in backyard with exceptional quality white vinyl privacy fencing! No work required at this property! New fans were added to every bedroom, the great room, and lanai/patio. And, the master bathroom was redesigned for greater storage. The use of space in this home is so flexible, with a front bedroom ideal also for use as an office. Even the laundry room is exceptional: space for large washer and dryer, added built-in cabinets, and spacious countertops for folding, sorting and more. If the home doesn't sell you, the location will, including a new Publix just half a mile away. Mirabella has a beautiful, large community pool, and club house. This home truly has a HUGE BANG FOR THE BUCK!
SEE MORE
- #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
Zip Code: 33598
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 33598
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,660 |
| EXPENSES | Loan Payment | -$897 |
| Property Tax | -$452 | |
| Property Insurance | -$129 | |
| HOA | -$10 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$44
|
||
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.
$243,000
PROJECTED PRICE
$1,660
PROJECTED RENT
0.68%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 2.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.27% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$70,145
LOAN DETAILS
$897
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $60,750 |
| Loan Amount | $182,250 |
7.17
YEARS SAVED
$24,238
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,660
LIST RENT -
$1.04
LIST RENT PER SQFT
-
$1,668
COMP ESTIMATED VALUE -
$1.05
COMP AVG. RENT PER SQFT
Comps Range
-
14334 Fissore Blvd Wimauma, FL 5
- 3 beds 2 baths ∙ 1,596 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,596 Sqft ∙ Built 2018
![property image]()
- Rent
- Rent Per SQFT
- $1,660
- $1.04
-
14527 Haddon Mist Dr Wimauma, FL 1
- 3 beds 2 baths ∙ 1,431 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,431 Sqft ∙ Built 2017
![property image]()
LEASED 04/15/20- Rent
- Rent Per SQFT
- $1,500
- $1.05
-
10853 Kirkwall Port Dr Wimauma, FL 2
- 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2015
![property image]()
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,550
- $0.97
-
10321 Celtic Ash Dr Ruskin, FL 3
- 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2007
![property image]()
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,595
- $1.04
-
14504 Scottburgh Glen Dr Wimauma, FL 4
- 3 beds 2 baths ∙ 1,431 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,431 Sqft ∙ Built 2017
![property image]()
LEASED 11/30/20- Rent
- Rent Per SQFT
- $1,599
- $1.12
PROPERTY LISTING DETAILS
1.813.407.8545
Coldwell Banker Residential
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3280020
Last Updated: 12/11/2020
