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1612 Climbing Dayflower Dr Ruskin, FL 33570

4 Beds 3 Baths 2,577 sqft Built 2017

$265,000

List Price

$1,860

$1.7K - $2K

Rent Est.

PROPERTY INFO

November 25, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $102.83
  • 5 Days on Market
  • MLS # : T3277911
  • Updated Date : 11/28/2020 at 14:02
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,577 sqft
  • Baths : 3 full
Listing Agent

The Home Hunters Group Realty

Listing Agent's Description

Back on Market, Seller Motivated! Stylish stone two-story single-family home with plenty of room for family and friends.The first floor is an open floor-plan with a kitchen with appliances and center island overlooking the dining room with beautiful light fixtures and custom entertainment wall in the family room. The added flex room could be used as an extra space for an office or library.The second floor includes four bedrooms, including a large master suite with a roomy walk-in closet with custom closet organizer and his and her vanity in the bathroom.The huge loft is perfect for family game nights or play area. The upstairs laundry room is an add conveniently that is centrally located between all bedrooms, making it possible to do multiple loads of laundry with ease. The ginormous outdoor paved patio and fire pit provides a comfortable and inviting entertaining space with room for a private pool.An ultimate way for you and your guests to gather around an outdoor fire year after year. The backyard also has a newly built privacy fence that perfect pets. Located in the most desirable area in Tampa Bay's SouthShore area,close to the Gulf Coast beaches. Just minutes from the nearby Little Manatee River State Park or Bullfrog Creek Mitigation Park Wildlife and Environmental Area. You will be 5 minutes from I-75 to visit shopping and dining destinations including the Westfield Mall or downtown Tampa. Still under Lennar 1-2-10 Warranty. BRING ALL OFFERS

SEE MORE

MARKET HIGHLIGHTS

  • #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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Ruskin

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $85k329k

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

Neighborhood: Ruskin

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8781592

* 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
Cypress Creek Elementary School Primary Regular 649 60 2
Shields Middle School Middle Regular 1,474 99 2
Lennard High School High Regular 1,976 114 4

Cypress Creek Elementary School

  • Education Level: Primary
  • # of students: 649
  • # of teachers: 60
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
 

$238,500$291,500$265,000

PURCHASE PRICE

$1,674$2,046$1,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,860
EXPENSES Loan Payment -$978
Property Tax -$494
Property Insurance -$186
HOA -$6
Property Management Fees -$80
CASH FLOW
$115

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.

$265,000

PROJECTED PRICE

$1,860

PROJECTED RENT

0.70%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 6.2%
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$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$75,975

INVESTMENT

$75,975

Down Payment
$66,250
Rehab Estimate
$5,750
Closing Costs
$3,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$978

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $66,250
Loan Amount $198,750
See What Happens When You Reinvest Cash Flow

8.17

YEARS SAVED

$32,794

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,860

    LIST RENT
  • $0.72

    LIST RENT PER SQFT
  • $1,888

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,8503$1,8604$1,9505$2,150
$2,150
RENT COMPS ANALYSIS
  • 1612 Climbing Dayflower Dr Ruskin, FL 3
    • 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,860
    • $0.72
    •  
  • 504 Caribe Ridge Way Ruskin, FL 1
    • 4 beds 2 baths ∙ 2,496 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,496 Sqft ∙ Built 2006
    LEASED 04/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.64
    •  
  • 1610 Redmond Brook Ln Ruskin, FL 2
    • 4 beds 3 baths ∙ 2,584 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,584 Sqft ∙ Built 2017
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.72
    •  
  • 1918 Broad Winged Hawk Dr Ruskin, FL 4
    • 4 beds 3 baths ∙ 2,573 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,573 Sqft ∙ Built 2018
    LEASED 06/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.76
    •  
  • 307 Star Shell Dr Apollo Beach, FL 5
    • 4 beds 3 baths ∙ 2,643 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,643 Sqft ∙ Built 2012
    LEASED 07/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.81
    •  
PROPERTY LISTING DETAILS
Chris Jones
1.813.862.3011
The Home Hunters Group Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3277911
Last Updated: 11/28/2020
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