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PROPERTY INFO
FACTS
- Single Family
- Built In 2012
- Price/Sqft : $107.35
- 5 Days on Market
- MLS # : T3283073
- Updated Date : 01/07/2021 at 02:21
CONSTRUCTION
- Beds : 4
- Floor Size : 2,748 sqft
- Baths : 2 full , 1 half
Listing Agent
Blue Sun Realty
Listing Agent's Description
So Much to Love! Fabulous Updates! Great Location! Pool Community! Culdesac Location! This is the home you have been waiting for... the kitchen is updated with new 2020 LG Black Stainless Appliances & is awesome! The home also has a HUGE Fenced Backyard with no neighbors behind your yard with a large pie-shape fenced yard with partial pond frontage and partial conservation privacy! The home has exquisite updates that are so hard to find including beautiful wood tile, iron rod staircase with wood stairs, updated kitchen with teal cabinets, under cabinet lights, drop lighting over the kitchen island with extended custom table, crown molding, and amazing pantry. The master bedroom is a dream bedroom with extra area for a bonus space. There is also 3 other bedrooms upstairs upstairs with extra bonus room and an upstairs private laundry room. This is an extraordinary home that will meet and exceed many wishlists. The home is an organizers home dream with lots storage in the garage and in closets. Come live in a beautiful home in a great community with a pool & playground for the family just walking distance. This home also features solar panels offering a super low electric bill of $15-55/m on average. NO CDD fees, Low HOA with fantastic amenities! Shopping, restaurants and major travel connector roads within minutes but also such a peaceful location. This home is awesome...come see for yourself!
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 | $1,910 |
| EXPENSES | Loan Payment | -$1,025 |
| Property Tax | -$316 | |
| Property Insurance | -$196 | |
| HOA | -$80 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$164
|
||
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.
$295,000
PROJECTED PRICE
$1,910
PROJECTED RENT
0.65%
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
$83,925
LOAN DETAILS
$1,025
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $73,750 |
| Loan Amount | $221,250 |
9.17
YEARS SAVED
$36,424
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,910
LIST RENT -
$0.7
LIST RENT PER SQFT
-
$2,034
COMP ESTIMATED VALUE -
$0.74
COMP AVG. RENT PER SQFT
Comps Range
-
2604 Holly Bluff Ct Plant City, FL 2
- 4 beds 3 baths ∙ 2,748 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,748 Sqft ∙ Built 2012
![property image]()
- Rent
- Rent Per SQFT
- $1,910
- $0.70
-
1724 Oakwood Estates Dr Plant City, FL 1
- 4 beds 2 baths ∙ 2,451 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,451 Sqft ∙ Built 2004
![property image]()
LEASED 08/11/20- Rent
- Rent Per SQFT
- $1,625
- $0.66
-
903 Ashentree Dr Plant City, FL 3
- 5 beds 3 baths ∙ 2,540 Sqft ∙ Built 2019 5 beds 3 baths ∙ 2,540 Sqft ∙ Built 2019
![property image]()
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,950
- $0.77
-
1310 Little Alafia Dr Plant City, FL 4
- 4 beds 3 baths ∙ 2,645 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,645 Sqft ∙ Built 2005
![property image]()
LEASED 03/31/20- Rent
- Rent Per SQFT
- $2,100
- $0.79
PROPERTY LISTING DETAILS
1.813.230.4453
Blue Sun Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3283073
Last Updated: 01/07/2021
