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

14616 Crescent Rock Dr Wimauma, FL 33598

3 Beds 2 Baths 1,451 sqft Built 2018

$229,900

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $158.44
  • 3 Days on Market
  • MLS # : L4919392
  • Updated Date : 11/21/2020 at 01:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,451 sqft
  • Baths : 2 full
Listing Agent

Xcellence Realty, Inc

Listing Agent's Description

Come take a look at this beautiful, nearly new construction home, built in 2018 in Ayersworth Glen community! This home features a split floorplan, 3 bedrooms, 2 full baths and a 2 car garage. Upon entering, you'll be greeted by a spacious foyer with the spacious inside laundry room to your left with access to your garage, washer and dryer included! The kitchen area features solid wood cabinets, solid countertops, a spacious island with a sink, perfect for bar stools and entertaining as the space is completely open to your family room/ dining room which has a sliding glass door that leads to your fully private fenced in backyard! The kitchen has stainless steel appliances which stay with the home and also features TWO closet spaces which can be used as a pantry and/or additional storage space! Near the kitchen, you'll find a full bathroom with a deep jacuzzi bath tub and shower combination, solid wood cabinets and 2 bedrooms with spacious closets. The master bedroom is spacious and has an ensuite bathroom which has double sinks, solid wood cabinets, an extra large walk-in closet and a shower! The home also comes equipped with ring doorbell, smart house thermostat and solar panels! Make an appointment today! Virtual Video Tour click here: https://vimeo.com/480751334/395701c371 and for 3D Virtual Tour click here: https://nodalview.com/M1Ai9Xsy5u6Ncfa9FZJ8CFTp?viewer=mls

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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.

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
 

$206,910$252,890$229,900

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$848
Property Tax -$307
Property Insurance -$121
HOA -$8
Property Management Fees -$80
CASH FLOW
$86

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.

$229,900

PROJECTED PRICE

$1,450

PROJECTED RENT

0.63%

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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,674

INVESTMENT

$66,674

Down Payment
$57,475
Rehab Estimate
$5,750
Closing Costs
$3,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$848

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $57,475
Loan Amount $172,425
See What Happens When You Reinvest Cash Flow

8.25

YEARS SAVED

$28,739

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,450

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,495

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4953$1,5004$1,5155$1,550
$1,550
RENT COMPS ANALYSIS
  • 14616 Crescent Rock Dr Wimauma, FL 1
    • 3 beds 2 baths ∙ 1,451 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,451 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.00
    •  
  • 14432 Scottburgh Glen Dr Wimauma, FL 2
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 2017
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.11
    •  
  • 14527 Haddon Mist Dr Wimauma, FL 3
    • 3 beds 2 baths ∙ 1,431 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,431 Sqft ∙ Built 2017
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.05
    •  
  • 10880 Standing Stone Dr Wimauma, FL 4
    • 4 beds 2 baths ∙ 1,530 Sqft ∙ Built 2009 4 beds 2 baths ∙ 1,530 Sqft ∙ Built 2009
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,515
    • $0.99
    •  
  • 10853 Kirkwall Port Dr Wimauma, FL 5
    • 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2015
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.97
    •  
PROPERTY LISTING DETAILS
Yanery Perez
1.863.838.9091
Xcellence Realty, Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: L4919392
Last Updated: 11/21/2020
BESbswy