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

1533 Amaryllis Ct Trinity, FL 34655

4 Beds 3 Baths 2,884 sqft Built 2005

INVESTimate

$369,900

List Price

$2,150

$1,935 - $2,365

Rent Est.

$392,057  ( +5.99%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $128.26
  • 9 Days on Market
  • MLS # : U8094808
  • Updated Date : 08/19/2020 at 12:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,884 sqft
  • Baths : 3 full
Listing Agent

Florida Homes Rlty & Mortgage

Listing Agent's Description

Welcome to This 4 Bedrooms + Office, 3Bath & 3Car Garage Home in Desired Thousand Oaks Eat Community in Trinity. Upon Entry into A Two-Story Foyer, You Are Greeted by Large Formal Living & Dining Room Combination, Double Sided Stairway, And A Spacious Office with French Doors. The Family Room Offers A Great Space for Entertaining and Pocket Sliding Glass Doors Lead Out to Your Fenced-in Backyard. The Kitchen Has A Separate Dining Nook Area, Large Pantry, Wood Cabinets with Granite Counter Tops, And Upgraded New Stainless-Steel Appliances. Oversized Laundry Room Is Conveniently Located Right off the Hallway Near Garage and Guest Bath. First Floor Flooring is all Wood Floors with Tile in Wet Areas. Travel up the Dual Access Staircase to the Second Level where you will find A Master Retreat with Large Hers/His Walk In Closets and En-Suite Bath Featuring Large Vanity that Has Dual Sinks, Soaking Tub, Walk In Shower and A Separate Toilet Closet. Upstairs also Features 3 Additional Bedrooms and a Bath. A/C Heat System Updated In 2018, Roof Has Been Inspected Prior Listing and Is in Great Condition, Home Warranty Is Included with The Right Offer. Thousand Oaks East Features Palm Tree Lined Sidewalks, Zoned for The Highest Rated Schools, Conveniently Located Near Many Restaurants, Shops, and Just Short Drive away from Beautiful Local Beaches! Low HOA, No CDD, No Flood Insurance, Low Taxes. Don’t Delay, Make Your Viewing Appointment Today!

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Thousand Oaks East

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400kPrice in $91k428k

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

Neighborhood: Thousand Oaks East

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900200021002200Rent in $9052227

* 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
Trinity Elementary School Primary Regular 580 38 9
Seven Springs Middle School Middle Regular 1,442 88 9
James W. Mitchell High School High Regular 1,892 117 7

Trinity Elementary School

  • Education Level: Primary
  • # of students: 580
  • # of teachers: 38
9
GreatSchools Rating

Seven Springs Middle School

  • Education Level: Middle
  • # of students: 1,442
  • # of teachers: 88
9
GreatSchools Rating

James W. Mitchell High School

  • Education Level: High
  • # of students: 1,892
  • # of teachers: 117
7
GreatSchools Rating
 

$332,910$406,890$369,900

PURCHASE PRICE

$1,935$2,365$2,150

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,150
EXPENSES Loan Payment -$1,365
Property Tax -$429
Property Insurance -$204
HOA -$22
Property Management Fees -$80
CASH FLOW
$50

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.

$369,900

PROJECTED PRICE

$2,150

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 5.99%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$103,774

INVESTMENT

$103,774

Down Payment
$92,475
Rehab Estimate
$5,750
Closing Costs
$5,549

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,365

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $92,475
Loan Amount $277,425
See What Happens When You Reinvest Cash Flow

7.25

YEARS SAVED

$38,177

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,150

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $2,156

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,1503$2,2954$2,3605$2,500
$2,500
RENT COMPS ANALYSIS
  • 1533 Amaryllis Ct Trinity, 2
    • 4 beds 3 baths ∙ 2,884 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,884 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.75
    •  
  • 1605 Sweetspire Dr Trinity, 1
    • 4 beds 4 baths ∙ 2,890 Sqft ∙ Built 2004 4 beds 4 baths ∙ 2,890 Sqft ∙ Built 2004
    LEASED 11/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.67
    •  
  • 1519 Swamp Rose Ln Trinity, 3
    • 4 beds 4 baths ∙ 2,890 Sqft ∙ Built 2004 4 beds 4 baths ∙ 2,890 Sqft ∙ Built 2004
    LEASED 11/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.79
    •  
  • 1726 Swamp Rose Ln Trinity, 4
    • 4 beds 3 baths ∙ 3,179 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,179 Sqft ∙ Built 2005
    LEASED 09/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,360
    • $0.74
    •  
  • 3200 Deland St New Port Richey, 5
    • 5 beds 4 baths ∙ 3,183 Sqft ∙ Built 2000 5 beds 4 baths ∙ 3,183 Sqft ∙ Built 2000
    LEASED 07/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.79
    •  
PROPERTY LISTING DETAILS
Lolita Rogacheva
1.813.340.3332
Florida Homes Rlty & Mortgage
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8094808
Last Updated: 08/19/2020
BESbswy