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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $140.06
- 3 Days on Market
- MLS # : T3291145
- Updated Date : 02/19/2021 at 16:51
CONSTRUCTION
- Beds : 4
- Floor Size : 1,927 sqft
- Baths : 3 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
Move in ready with a Great Floor Plan! From the moment you approach this spacious 4 bedroom, 3 bath home with 1,927 square feet, you will see that this home is head over heals above the rest. From the fresh coat of paint inside and out, to the like new spacious interior, you will love calling this place home. The Great Room is perfect for entertaining or quality time at home with a lovely rich, laminate flooring and neutral paint. The granite counters and 42" cabinets in the massive kitchen are a dream for the cook in your family. A formal dining room just adds to the versatility of the space. Natural light floods the family room through sliding glass doors that lead out to the large covered patio and private back yard. The Master Suite will leave you wanting for nothing and is complete with walk in closet, double vanity, garden tub and stand up shower. Three more large bedrooms and two full baths round out the rest of this perfect floor plan. Don't forget about the Cypress Creek community and all it has to offer! All of this and more centrally located to shopping, entertainment and major road ways for your commute.
SEE MORE
- 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
Zip Code: 33573
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 33573
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,640 |
| EXPENSES | Loan Payment | -$937 |
| Property Tax | -$395 | |
| Property Insurance | -$148 | |
| HOA | -$53 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$22
|
||
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.
$269,900
PROJECTED PRICE
$1,640
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 8.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.27% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$77,274
LOAN DETAILS
$937
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $67,475 |
| Loan Amount | $202,425 |
5.5
YEARS SAVED
$16,034
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,640
LIST RENT -
$0.85
LIST RENT PER SQFT
-
$1,609
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
15412 Feather Star Pl Ruskin, FL 4
- 4 beds 3 baths ∙ 1,927 Sqft ∙ Built 2011 4 beds 3 baths ∙ 1,927 Sqft ∙ Built 2011
- Rent
- Rent Per SQFT
- $1,640
- $0.85
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15407 Telford Spring Dr Ruskin, FL 1
- 4 beds 3 baths ∙ 1,900 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,900 Sqft ∙ Built 2007
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,595
- $0.84
-
7710 Maroon Peak Dr Ruskin, FL 2
- 3 beds 3 baths ∙ 1,996 Sqft ∙ Built 2011 3 beds 3 baths ∙ 1,996 Sqft ∙ Built 2011
LEASED 06/12/20- Rent
- Rent Per SQFT
- $1,595
- $0.80
-
15528 Long Cypress Dr Ruskin, FL 3
- 3 beds 3 baths ∙ 2,040 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,040 Sqft ∙ Built 2007
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
-
8125 Alamosa Wood Ave Ruskin, FL 5
- 4 beds 3 baths ∙ 1,794 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,794 Sqft ∙ Built 2007
LEASED 03/16/20- Rent
- Rent Per SQFT
- $1,650
- $0.92
PROPERTY LISTING DETAILS
1.813.373.0002
Keller Williams Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3291145
Last Updated: 02/19/2021
