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

14338 Moon Flower Dr Tampa, FL 33626

3 Beds 2 Baths 1,802 sqft Built 2001

$350,000

List Price

$1,950

$1.8K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $194.23
  • 3 Days on Market
  • MLS # : T3290954
  • Updated Date : 02/19/2021 at 14:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,802 sqft
  • Baths : 2 full
Listing Agent

Florida Executive Realty

Listing Agent's Description

Charming home located in the fabulous community of Westwood Lakes! This beautiful home is perfectly situated on a gorgeous conservation homesite. This residence boasts 1,802 square feet of living space with 3 bedrooms + AN OFFICE/DEN, 2 bathrooms and a 2 car garage and is adorned with natural light, an open floorplan, split bedrooms and lush landscaping. Upon entering, you are welcomed by the beautiful foyer area and can see all the way to the back of the home. You will immediately notice how light and bright it feels! Off of the foyer, there are two bedrooms and a bathroom. The kitchen features beautiful wood cabinets, a gas range and a separate eat-in space and opens out to your main living and dining areas! The den is located in the back of the home right off of the master bedroom and would serve as perfect office, guest room, library, playroom or even a nursery! The options are endless! The master suite features sliders overlooking your picturesque conservation views and a large walk in closet. The master bathroom highlights two separate vanities, a walk in shower and soaking garden tub. This home is great for entertaining – with a spacious, super open floorplan and a huge fenced in backyard with plenty of room to build a pool if you’d like! Just a few of the many features of this home include: BRAND NEW ROOF (2021) with a transferrable warranty, NEWER AC (2017), NEWER water heater (2017), wood laminate and tile flooring throughout the entire home, indoor laundry room with extra storage space, irrigation system that covers the entire yard, and SO MUCH MORE – too many details to list! Westwood Lakes offers miles of walking trails with amazing nature and pond views, a basketball court and a park & playground. This home is located in the top rated highly sought after school district – Mary Bryant, Farnell and Sickles! This home is just minutes from all of the fabulous amenities that the Westchase area has to offer –Shops, restaurants, gyms, the Upper Tampa Bay library and and more. This home is truly a one of a kind and a MUST SEE!!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • #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)

PRICE & RENT TRENDS

Neighborhood: Westwood Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $85k481k

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

Neighborhood: Westwood Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600Rent in $9052692

* 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
Bryant Elementary School Primary Regular 973 69 8
Farnell Middle School Middle Regular 1,356 75 9
Sickles High School High Regular 2,135 110 7

Bryant Elementary School

  • Education Level: Primary
  • # of students: 973
  • # of teachers: 69
8
GreatSchools Rating

Farnell Middle School

  • Education Level: Middle
  • # of students: 1,356
  • # of teachers: 75
9
GreatSchools Rating

Sickles High School

  • Education Level: High
  • # of students: 2,135
  • # of teachers: 110
7
GreatSchools Rating
 

$315,000$385,000$350,000

PURCHASE PRICE

$1,755$2,145$1,950

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,950
EXPENSES Loan Payment -$1,216
Property Tax -$445
Property Insurance -$140
HOA -$53
Property Management Fees -$129
CASH FLOW
-$34

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$350,000

PROJECTED PRICE

$1,950

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.33%
Appreciation Year (1-5) 4.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.57%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,500

INVESTMENT

$98,500

Down Payment
$87,500
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,216

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,500
Loan Amount $262,500
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$22,081

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,950

    LIST RENT
  • $1.08

    LIST RENT PER SQFT
  • $1,982

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$1,795
1$1,7952$1,9003$1,9504$2,2005$2,400
$2,400
RENT COMPS ANALYSIS
  • 14338 Moon Flower Dr Tampa, FL 3
    • 3 beds 2 baths ∙ 1,802 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,802 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $1.08
    •  
  • 12532 Blazing Star Dr Tampa, FL 1
    • 3 beds 2 baths ∙ 1,720 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,720 Sqft ∙ Built 1999
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.04
    •  
  • 13217 Royal George Ave Odessa, FL 2
    • 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1999
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.16
    •  
  • 12508 Deerberry Ln Tampa, FL 4
    • 4 beds 2 baths ∙ 2,104 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,104 Sqft ∙ Built 2000
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.05
    •  
  • 12825 Castlemaine Dr Tampa, FL 5
    • 4 beds 3 baths ∙ 2,083 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,083 Sqft ∙ Built 2002
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.15
    •  
PROPERTY LISTING DETAILS
Emily Lynch
1.813.810.4465
Florida Executive Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3290954
Last Updated: 02/19/2021
BESbswy