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

2113 W Perio St Tampa, FL 33612

3 Beds 2 Baths 1,642 sqft Built 1980

$285,000

List Price

$1,650

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $173.57
  • 3 Days on Market
  • MLS # : T3279238
  • Updated Date : 12/05/2020 at 07:45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,642 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tampa Prop.

Listing Agent's Description

CHARMING!! With a real ARTIST’s touch! Walk into this adorable 3 bed, 2 bath home that includes your own office/den/studio and amazing back yard oasis to feel right at home. Enter to the large living room that offers lots of light, freshly painted walls, and wood floors. There are French doors to the bonus room that is currently the owner’s studio/office, many uses to this space. The kitchen has been tastefully updated with Corian counters, maple cabinets, and newer SS appliances and is set up for family gatherings in the adjoining dining area. The Master Bedroom at the rear of the home and offers a nice sized walk in closet, wood flooring, large window for cool evenings and updated Master Bath with a step-in shower. The two nice sized secondary bedrooms also have wood floors and plenty closet space with the 2nd updated bath across the hall. Need storage? Check out the large interior Laundry room with plenty of wall space for shelving. DO NOT MISS the side and back yards. Through the dining sliding doors is a lovely sitting area then down the walkway to your own fenced Oasis Retreat! The large screened/covered patio, pebble stone pathways, mature landscaping and sitting areas makes a great “Staycation” during our current times. New Roof, AC 3yrs old, New HWHTR, 2-3 years old Appliances, No Carpet, Int/Ext freshly painted. See 3D Virtual Tour: https://my.matterport.com/show/?m=gmn8w2dy4g5&brand=0. Call today for your private showing! This one will not last long.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • #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)

PRICE & RENT TRENDS

Neighborhood: Forest Hills

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $55k238k

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

Neighborhood: Forest Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28009001000110012001300140015001600Rent in $7391613

* 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
Forest Hills Elementary School Primary Regular 1,053 75 1
Adams Middle School Middle Regular 1,017 75 2
Chamberlain High School High Regular 1,772 98 4

Forest Hills Elementary School

  • Education Level: Primary
  • # of students: 1,053
  • # of teachers: 75
1
GreatSchools Rating

Adams Middle School

  • Education Level: Middle
  • # of students: 1,017
  • # of teachers: 75
2
GreatSchools Rating

Chamberlain High School

  • Education Level: High
  • # of students: 1,772
  • # of teachers: 98
4
GreatSchools Rating
 

$256,500$313,500$285,000

PURCHASE PRICE

$1,485$1,815$1,650

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,650
EXPENSES Loan Payment -$1,052
Property Tax -$343
Property Insurance -$131
Property Management Fees -$129
CASH FLOW
-$5

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.

$285,000

PROJECTED PRICE

$1,650

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 11.2%
Maintenance Year (1-5) 8.00%
Vacancy 5.25%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$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$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$81,275

INVESTMENT

$81,275

Down Payment
$71,250
Rehab Estimate
$5,750
Closing Costs
$4,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,052

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $71,250
Loan Amount $213,750
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$22,985

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,650

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,654

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,4153$1,6004$1,6505$1,800
$1,800
RENT COMPS ANALYSIS
  • 2113 W Perio St Tampa, FL 4
    • 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.00
    •  
  • 8520 N Hamner Ave Tampa, FL 1
    • 3 beds 1 baths ∙ 1,292 Sqft ∙ Built 1961 3 beds 1 baths ∙ 1,292 Sqft ∙ Built 1961
    property image
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.97
    •  
  • 9408 N Newport Ave Tampa, FL 2
    • 4 beds 2 baths ∙ 1,408 Sqft ∙ Built 1964 4 beds 2 baths ∙ 1,408 Sqft ∙ Built 1964
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,415
    • $1.00
    •  
  • 2102 W Skagway Ave Tampa, FL 3
    • 3 beds 3 baths ∙ 1,546 Sqft ∙ Built 1978 3 beds 3 baths ∙ 1,546 Sqft ∙ Built 1978
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.03
    •  
  • 3019 W Sitka St Tampa, FL 5
    • 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1980
    property image
    LEASED 10/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.03
    •  
PROPERTY LISTING DETAILS
Kimberly Basen
1.813.546.6631
Keller Williams Tampa Prop.
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3279238
Last Updated: 12/05/2020
BESbswy