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18529 Ambly Ln Tampa, FL 33647

3 Beds 2 Baths 2,007 sqft Built 1992

$320,000

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

October 29, 2020 RECENTLY ADDED
FACTS
  • Built In 1992
  • Price/Sqft : $159.44
  • 7 Days on Market
  • MLS # : T3273084
  • Updated Date : 10/29/2020 at 21:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,007 sqft
  • Baths : 2 full
Listing Agent

Future Home Realty Inc

Listing Agent's Description

MOVE IN READY HOME in Pebble Creek, a golf course community with NO CDD and LOW HOA FEE! Fenced back yard and HUGE lanai provides lots of playroom for family gathering. The double door entry provides an open view of the living room, double sliders and large covered and screened lanai. Formal dining room has a large picture window. Oversized Kitchen has GRANITE countertops, solid wood cabinets, stainless refrigerator and double door pantry. Separate inside laundry with additional storage cabinets. Great room has triple sliders out to the lanai. Breakfast area has large windows to the back yard/lanai area. Bedrooms are split with master to the left and secondary bedrooms and spare bath at the opposite side of the home. Master is large with sliders to the lanai. Master bath has double sinks, separate garden tub and very large walk-in closet. Two spare bedrooms share second bathroom. NEW air handler, quality wood laminate floors and high ceilings with decorator spaces and columns in the formal areas. Wood burning fireplace for ambiance and the holidays. Lanai is covered and is the ideal place to enjoy the Florida weather. Back yard is fully fenced. Community offers tennis courts, playground and clubhouse with community pool. Home is located on a quiet street with little traffic. Easy access to I75, restaurants, entertainment, Moffitt, USF, Florida Hospital at Wesley Chapel, Wiregrass Mall and Tampa Premium Outlets.

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: Pebble Creek Village

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $85k343k

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

Neighborhood: Pebble Creek Village

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
Turner - Bartels K-8 School Primary Regular 1,811 123 6
Turner - Bartels K-8 School Middle Regular 1,811 123 6
Wharton High School High Regular 2,261 128 4

Turner - Bartels K-8 School

  • Education Level: Primary
  • # of students: 1,811
  • # of teachers: 123
6
GreatSchools Rating

Turner - Bartels K-8 School

  • Education Level: Middle
  • # of students: 1,811
  • # of teachers: 123
6
GreatSchools Rating

Wharton High School

  • Education Level: High
  • # of students: 2,261
  • # of teachers: 128
4
GreatSchools Rating
 

$288,000$352,000$320,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,181
Property Tax -$394
Property Insurance -$152
HOA -$42
Property Management Fees -$80
CASH FLOW
-$108

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.

$320,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 6.0%
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$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,550

INVESTMENT

$90,550

Down Payment
$80,000
Rehab Estimate
$5,750
Closing Costs
$4,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $80,000
Loan Amount $240,000
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$16,925

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,740

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,801

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,7403$1,7954$1,8005$1,950
$1,950
RENT COMPS ANALYSIS
  • 18529 Ambly Ln Tampa, FL 2
    • 3 beds 2 baths ∙ 2,007 Sqft ∙ Built 1992 3 beds 2 baths ∙ 2,007 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $1,740
    • $0.87
    •  
  • 18330 Cypress Stand Cir Tampa, FL 1
    • 3 beds 2 baths ∙ 1,860 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,860 Sqft ∙ Built 1989
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.86
    •  
  • 9308 Fairway Lakes Ct Tampa, FL 3
    • 3 beds 2 baths ∙ 1,983 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,983 Sqft ∙ Built 1989
    LEASED 06/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.91
    •  
  • 9644 Fox Hearst Rd Tampa, FL 4
    • 3 beds 2 baths ∙ 2,177 Sqft ∙ Built 1990 3 beds 2 baths ∙ 2,177 Sqft ∙ Built 1990
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.83
    •  
  • 9715 Pleasant Run Way Tampa, FL 5
    • 3 beds 3 baths ∙ 1,976 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,976 Sqft ∙ Built 1992
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.99
    •  
PROPERTY LISTING DETAILS
Jennifer Laihuyen
1.813.787.5380
Future Home Realty Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3273084
Last Updated: 10/29/2020
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