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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $126.03
- 4 Days on Market
- MLS # : U8107751
- Updated Date : 12/19/2020 at 11:59
CONSTRUCTION
- Beds : 4
- Floor Size : 2,182 sqft
- Baths : 2 full
Listing Agent
Dalton Wade, Inc.
Listing Agent's Description
Welcome to your new house right on the golf course. This 4 bedroom, 2 bathroom, 2 car garage home has all the major items updated in the past couple of years. The A/C was installed in 2018, garage door and opener in 2017, and in 2017 a generator was installed! Now it's your turn to add your desired finishes to this large home. All the rooms have a great size including the main living room, family room off the kitchen, and a large Florida room that is heated and cooled. There is a large indoor laundry room off of the kitchen. Out front is a screened in porch and koi pond. Plenty of parking space between the 2 car garage and wide driveway. Enjoy the views of the golf course out back in your large backyard with mature landscaping. No required HOA or CDD fees. The home is minutes from local schools and shopping. Only 22 minutes from downtown Tampa. Schedule your showing today before this home is gone!
SEE MORE
- 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)
- 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.
PRICE & RENT TRENDS
Neighborhood: Buckhorn Golf Club Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Buckhorn Golf Club Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,800 |
| EXPENSES | Loan Payment | -$1,015 |
| Property Tax | -$363 | |
| Property Insurance | -$163 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$131
|
||
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.
$275,000
PROJECTED PRICE
$1,800
PROJECTED RENT
0.65%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 5.0% |
| 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
$78,625
LOAN DETAILS
$1,015
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $68,750 |
| Loan Amount | $206,250 |
9.08
YEARS SAVED
$39,339
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,800
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$1,877
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
2207 Summit View Dr Valrico, FL 3
- 4 beds 2 baths ∙ 2,182 Sqft ∙ Built 1977 4 beds 2 baths ∙ 2,182 Sqft ∙ Built 1977
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- Rent
- Rent Per SQFT
- $1,800
- $0.82
-
2414 Cedarcrest Pl Valrico, FL 1
- 4 beds 3 baths ∙ 2,019 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,019 Sqft ∙ Built 1988
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LEASED 01/24/20- Rent
- Rent Per SQFT
- $1,595
- $0.79
-
2424 Cedarcrest Pl Valrico, FL 2
- 4 beds 2 baths ∙ 2,027 Sqft ∙ Built 1991 4 beds 2 baths ∙ 2,027 Sqft ∙ Built 1991
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LEASED 08/12/19- Rent
- Rent Per SQFT
- $1,730
- $0.85
-
1015 Hollyberry Ct Brandon, FL 4
- 4 beds 3 baths ∙ 2,390 Sqft ∙ Built 1985 4 beds 3 baths ∙ 2,390 Sqft ∙ Built 1985
![property image]()
LEASED 11/19/19- Rent
- Rent Per SQFT
- $1,975
- $0.83
-
2807 S Miller Rd Valrico, FL 5
- 4 beds 3 baths ∙ 2,315 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,315 Sqft ∙ Built 1987
![property image]()
LEASED 03/27/20- Rent
- Rent Per SQFT
- $2,249
- $0.97
PROPERTY LISTING DETAILS
1.727.900.5170
Dalton Wade, Inc.
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: U8107751
Last Updated: 12/19/2020
