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

14801 Perriwinkle Pl Tampa, FL 33625

3 Beds 2 Baths 1,601 sqft Built 1986

$335,000

List Price

$1,720

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $209.24
  • 101 Days on Market
  • MLS # : T3268104
  • Updated Date : 01/08/2021 at 17:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,601 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tampa Prop.

Listing Agent's Description

This meticulously maintained waterfront Carrollwood 3 bedroom, 2 bathroom home, with a great floor plan that leaves no wasted space. A well-designed kitchen that leads to a bright and welcoming family room with a large sliding glass door that leads to the Lanai with a hot tube and lake front view, great for hosting friends and family get togethers, beautifully landscaped with Florida friendly native plants. A 2-car garage and a large storage shed, situated on a cul-de-sac with plenty of yard space in the front and in the back. The large back yard and view of the lake makes this home ideal for those special evenings of relaxing or entertaining. Enjoy the Florida lifestyle from your own covered screened lanai. Located very close to the Veterans Expressway, Citrus Park Mall, Restaurants, the Upper Tampa Bay Trail and the TIA airport. New A/C. NO CDD FEES AND LOW HOA FEES!!!

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: Bellamy Road

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $85k343k

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

Neighborhood: Bellamy Road

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9052007

* 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
Citrus Park Elementary School Primary Regular 590 52 8
Smith Middle School Middle Regular 854 53 6
Sickles High School High Regular 2,135 110 7

Citrus Park Elementary School

  • Education Level: Primary
  • # of students: 590
  • # of teachers: 52
8
GreatSchools Rating

Smith Middle School

  • Education Level: Middle
  • # of students: 854
  • # of teachers: 53
6
GreatSchools Rating

Sickles High School

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

$301,500$368,500$335,000

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,720
EXPENSES Loan Payment -$1,164
Property Tax -$418
Property Insurance -$129
HOA -$25
Property Management Fees -$129
CASH FLOW
-$144

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.

$335,000

PROJECTED PRICE

$1,720

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$94,525

INVESTMENT

$94,525

Down Payment
$83,750
Rehab Estimate
$5,750
Closing Costs
$5,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,164

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $83,750
Loan Amount $251,250
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$12,647

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,720

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $1,741

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5503$1,7004$1,7205$1,795
$1,795
RENT COMPS ANALYSIS
  • 14801 Perriwinkle Pl Tampa, FL 4
    • 3 beds 2 baths ∙ 1,601 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,601 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $1,720
    • $1.07
    •  
  • 5723 Kneeland Ln Tampa, FL 1
    • 4 beds 3 baths ∙ 1,457 Sqft ∙ Built 1984 4 beds 3 baths ∙ 1,457 Sqft ∙ Built 1984
    LEASED 06/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.03
    •  
  • 14607 Knoll Ridge Dr Tampa, FL 2
    • 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 1981
    LEASED 04/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.01
    •  
  • 14823 Redcliff Dr Tampa, FL 3
    • 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 2000
    LEASED 02/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.13
    •  
  • 5611 Brookdale Way Tampa, FL 5
    • 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 1998
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.18
    •  
PROPERTY LISTING DETAILS
Trenton Howell
1.813.428.0817
Keller Williams Tampa Prop.
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3268104
Last Updated: 01/08/2021
BESbswy