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 1997
- Price/Sqft : $168.45
- 4 Days on Market
- MLS # : T3287368
- Updated Date : 01/29/2021 at 01:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,775 sqft
- Baths : 2 full
Listing Agent
Century 21 Beggins Enterprises
Listing Agent's Description
Welcome to your beautiful pool home in the very desirable community of Pebble Creek. This 3 bedroom/2 bath/2 car garage home features a split bedroom floor plan. When you walk through the front door, you will notice two living areas with a formal dining area, family room with a fireplace and a breakfast nook area. Both living areas have sliders that give tons of natural light and lead out to your screened and heated pool / sauna. The covered patio is perfect for entertaining family and friends. Enjoy a BBQ or just relax in your outdoor living space, including a yard that has plenty of room for gardening. The master bedroom features 2 closets, a bathroom with a double vanity, a large garden tub with a separate shower and separate water closet. The range, hot water heater and pool use gas to help save on your electric bill. The community has mature landscaping and multiple ponds throughout that make a great place to enjoy nature with a leisurely walk or a run. Pebble Creek community with low HOA fees offers a community center with a pool, parks, restaurant, tennis courts, golf course, ball fields, playgrounds, and more. It is conveniently located off of I-75 in the heart of New Tampa, near shopping and restaurants, making your commute to downtown Tampa, MacDill AFB, and the beaches a snap, MAKE THIS YOUR HOME TODAY!
SEE MORE
- #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: Pebble Creek Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pebble Creek Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,710 |
| EXPENSES | Loan Payment | -$1,039 |
| Property Tax | -$381 | |
| Property Insurance | -$139 | |
| HOA | -$50 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$27
|
||
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.
$299,000
PROJECTED PRICE
$1,710
PROJECTED RENT
0.57%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$84,985
LOAN DETAILS
$1,039
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $74,750 |
| Loan Amount | $224,250 |
5.67
YEARS SAVED
$19,096
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,710
LIST RENT -
$0.96
LIST RENT PER SQFT
-
$1,593
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
18805 Forest Glen Ct Tampa, FL 4
- 3 beds 2 baths ∙ 1,775 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,775 Sqft ∙ Built 1997
- Rent
- Rent Per SQFT
- $1,710
- $0.96
-
18013 Palm Breeze Dr Tampa, FL 1
- 3 beds 2 baths ∙ 1,654 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,654 Sqft ∙ Built 1994
LEASED 02/03/20- Rent
- Rent Per SQFT
- $1,495
- $0.90
-
18330 Cypress Stand Cir Tampa, FL 2
- 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
-
9118 Pebble Creek Dr Tampa, FL 3
- 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 1978
LEASED 03/03/20- Rent
- Rent Per SQFT
- $1,649
- $0.86
-
9107 Cypresswood Cir Tampa, FL 5
- 3 beds 2 baths ∙ 1,795 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,795 Sqft ∙ Built 1979
LEASED 04/29/20- Rent
- Rent Per SQFT
- $1,750
- $0.97
PROPERTY LISTING DETAILS
1.813.679.2266
Century 21 Beggins Enterprises
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3287368
Last Updated: 01/29/2021
