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14334 Fissore Blvd Wimauma, FL 33598

3 Beds 2 Baths 1,596 sqft Built 2018

$243,000

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
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

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

Zip Code: 33598

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $85k374k

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

Zip Code: 33598

ZipNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8781748

* 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
Reddick Elementary School Primary Regular 832 72 2
Shields Middle School Middle Regular 1,474 99 2
Lennard High School High Regular 1,976 114 4

Reddick Elementary School

  • Education Level: Primary
  • # of students: 832
  • # of teachers: 72
2
GreatSchools Rating

Shields Middle School

  • Education Level: Middle
  • # of students: 1,474
  • # of teachers: 99
2
GreatSchools Rating

Lennard High School

  • Education Level: High
  • # of students: 1,976
  • # of teachers: 114
4
GreatSchools Rating
 

$218,700$267,300$243,000

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$70,145

INVESTMENT

$70,145

Down Payment
$60,750
Rehab Estimate
$5,750
Closing Costs
$3,645

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$897

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $60,750
Loan Amount $182,250
See What Happens When You Reinvest Cash Flow

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
$1,500
1$1,5002$1,5503$1,5954$1,5995$1,660
$1,660
RENT COMPS ANALYSIS
  • 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
Shelley Weathers
1.813.407.8545
Coldwell Banker Residential
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3280020
Last Updated: 12/11/2020
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