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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $147.89
- 5 Days on Market
- MLS # : U8113492
- Updated Date : 02/20/2021 at 09:30
CONSTRUCTION
- Beds : 3
- Floor Size : 2,163 sqft
- Baths : 2 full
Listing Agent
Exp Realty
Listing Agent's Description
MUST SEE! You won't want to miss this amazing open split floor plan featuring: 3 bedrooms, 2 full baths with attached 2 car garage home is located in the highly desired Private GATED Community of Oakwood Estates. Recently renovated inside and out. Kitchen consists of 42” Designer All wood cabinets, stainless-steel appliances, granite counter-tops, a large island and a spacious kitchen bar top, which overlooks the large family room, allowing plenty of entertaining interaction with Family and Friends. The spacious Owners Suite has a large walk-in closet and lovely over-sized French doors that allows private access to the paved screened-in lanai. The upgraded en-suite bath features dual sinks, granite countertops, new lighting fixtures, garden tub and a very large tiled walk-in shower. This home is equipped with a stunning spacious formal living Room and a family room both with Large French doors leading to the screened in paved lanai, cut-out tray ceilings with new over-sized ceiling fans. The full guest bath has granite counter top, tiled bath and shower area with updated fixtures. Back yard features a fire pit and a 6’ PVC privacy fence. Pavers adorn the driveway and entrance. Freshly painted inside and out along with new landscaping.
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
Neighborhood: Improvement League of Plant City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Improvement League of Plant City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,690 |
| EXPENSES | Loan Payment | -$1,111 |
| Property Tax | -$343 | |
| Property Insurance | -$162 | |
| HOA | -$36 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$91
|
||
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.
$319,888
PROJECTED PRICE
$1,690
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 10.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.27% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$90,520
LOAN DETAILS
$1,111
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $79,972 |
| Loan Amount | $239,916 |
4.58
YEARS SAVED
$14,951
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,690
LIST RENT -
$0.78
LIST RENT PER SQFT
-
$1,725
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
1715 Oakwood Estates Dr Plant City, FL 2
- 3 beds 2 baths ∙ 2,163 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,163 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,690
- $0.78
-
1605 S Golfview Dr Plant City, FL 1
- 3 beds 2 baths ∙ 1,996 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,996 Sqft ∙ Built 1986
LEASED 06/26/20- Rent
- Rent Per SQFT
- $1,595
- $0.80
-
1016 Ashentree Dr Plant City, FL 3
- 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 2018
LEASED 10/01/19- Rent
- Rent Per SQFT
- $1,800
- $0.77
-
806 Wiltonway Dr Plant City, FL 4
- 4 beds 3 baths ∙ 2,108 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,108 Sqft ∙ Built 2017
LEASED 08/19/19- Rent
- Rent Per SQFT
- $1,800
- $0.85
-
807 Wiltonway Dr Plant City, FL 5
- 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 2017
LEASED 12/05/19- Rent
- Rent Per SQFT
- $1,800
- $0.77
PROPERTY LISTING DETAILS
1.813.917.7985
Exp Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: U8113492
Last Updated: 02/20/2021
