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

28512 Seashell Ct Wesley Chapel, FL 33545

3 Beds 2 Baths 1,409 sqft Built 2000

INVESTimate

$215,000

List Price

$1,360

$1,224 - $1,496

Rent Est.

$62,725

Investment Est.

$230,738 ( +7.32%) 1 YR EST. FORECAST

AVAILABLE

REQUEST INFO

SCHEDULE APPOINTMENT

It's free, with no obligation

AVAILABLE

1 YEAR
Gross Yield	7.59%
NOI	$8,175

15 YEAR
Yield	7.17%
Appreciation	4.08%
TOTAL RETURN	24.48%

PROPERTY INFO

August 26, 2020 RECENTLY ADDED

FACTS

Built In 2000
Price/Sqft : $152.59
2 Days on Market
MLS # : T3261472
Updated Date : 08/26/2020 at 02:31

CONSTRUCTION

Beds : 3
Floor Size : 1,409 sqft
Baths : 2 full

Listing Agent

People's Trust Realty Inc

Listing Agent's Description

Searching for a move in ready home in a gated community at a affordable price? Right in the heart of Wesley Chapel minutes away from shopping, entertainment and restaurants. New roof 2020, New Flooring tile and carpet, home is just waiting for its new owners! Lovely home in a perfect location!

1 of 30 X

MARKET HIGHLIGHTS

Tampa Market Report

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.

Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)

Neighborhood: Wesley Pointe

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

Neighborhood: Wesley Pointe

* 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
Quail Hollow Elementary School	Primary	Regular			NA
Thomas E. Weightman Middle School	Middle	Regular	1,147	74	7
Wesley Chapel High School	High	Regular	1,582	99	6

Quail Hollow Elementary School

Education Level: Primary
# of students:
# of teachers:

GreatSchools Rating

Thomas E. Weightman Middle School

Education Level: Middle
# of students: 1,147
# of teachers: 74

GreatSchools Rating

Wesley Chapel High School

Education Level: High
# of students: 1,582
# of teachers: 99

GreatSchools Rating

FINANCIALS

Learn how to read this

$193,500$236,50000$215,000

PURCHASE PRICE

$1,224$1,49600$1,360

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

Toggle to see the acquisition concierge fee. LEARN MORE

PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

Learn how to read this

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

Cash Flow
Appreciation
Principal

PROJECTED ANNUAL CASH FLOW

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$1,360
EXPENSES	Loan Payment	-$793
	Property Tax	-$239
	Property Insurance	-$118
	HOA	-$77
	Property Management Fees	-$80



CASH FLOW $53

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.

$215,000

PROJECTED PRICE

$1,360

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	4.27%
Appreciation Year (1-5)	7.32%
Maintenance Year (1-5)	8.00%
Vacancy	5.26%
Length of Stay Years	2

TOTAL CASH OUT OF POCKET

INVESTMENT

$62,725

Down Payment	$53,750
Rehab Estimate	$5,750
Closing Costs	$3,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$793

MONTHLY LOAN PAYMENT

30 yr

4.25%

25.00%

Down Payment

Term	30 Years
Interest	4.25%
Down Payment	$53,750
Loan Amount	$161,250

See What Happens When You Reinvest Cash Flow

7.58

YEARS SAVED

$24,440

INTEREST SAVED

CASH FLOW REINVESTMENT

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

$1,360
LIST RENT
$0.97
LIST RENT PER SQFT

$1,315
COMP ESTIMATED VALUE
$0.93
COMP AVG. RENT PER SQFT

Comps Range

$1,360

1$1,3602$1,5003$1,5004$1,650

$1,650

RENT COMPS ANALYSIS

1,409
PROPERTY SQFT
$0.93
AVG RENT PER SQFT
$1,315
ESTIMATED VALUE
$1,360
LIST RENT

28512 Seashell Ct Wesley Chapel, 2

3 beds 2 baths ∙ 1,409 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,409 Sqft ∙ Built 2000
Price

Price Per SQFT

$215,000

$152.59
6055 Pointe Pleasant Blvd Wesley Chapel, 1

3 beds 2 baths ∙ 1,158 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,158 Sqft ∙ Built 2003
SOLD 08/17/20
Price

Price Per SQFT

$184,000

$158.89
5817 Azure Dr Wesley Chapel, 3

3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1993
SOLD 08/14/20
Price

Price Per SQFT

$225,000

$146.58
5939 Sand Key Ln Wesley Chapel, 4

3 beds 2 baths ∙ 1,421 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,421 Sqft ∙ Built 2002
SOLD 07/31/20
Price

Price Per SQFT

$226,000

$159.04
5840 Azure Dr Wesley Chapel, 5

3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1993
SOLD 03/09/20
Price

Price Per SQFT

$235,000

$152.30

28512 Seashell Ct Wesley Chapel, 1

3 beds 2 baths ∙ 1,409 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,409 Sqft ∙ Built 2000
Rent

Rent Per SQFT

$1,360

$0.97
26542 Whirlaway Ter Wesley Chapel, 2

3 beds 2 baths ∙ 1,590 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,590 Sqft ∙ Built 2001
LEASED 03/12/20
Rent

Rent Per SQFT

$1,500

$0.94
4624 Mapletree Loop Wesley Chapel, 3

3 beds 2 baths ∙ 1,692 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,692 Sqft ∙ Built 2004
LEASED 06/27/20
Rent

Rent Per SQFT

$1,500

$0.89
5424 Saddlebrook Way Wesley Chapel, 4

3 beds 2 baths ∙ 1,693 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,693 Sqft ∙ Built 1986
LEASED 04/16/20
Rent

Rent Per SQFT

$1,650

$0.97

PROPERTY LISTING DETAILS

Bryce Maldonado
1.352.293.1592
People's Trust Realty Inc

Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457

Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3261472
Last Updated: 08/26/2020

28512 Seashell Ct Wesley Chapel, FL 33545

INVESTimate

$215,000

$1,360

$62,725

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

MARKET HIGHLIGHTS

PRICE & RENT TRENDS

SCHOOLS

Quail Hollow Elementary School

Thomas E. Weightman Middle School

Wesley Chapel High School

FINANCIALS

$193,500$236,50000$215,000

$1,224$1,49600$1,360

Acquisition Concierge

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$215,000

$1,360

0.63%

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$793

7.58

$24,440

$215,000

$152.59

$217,271

$154.2

COMPS RANGE

PRICE COMPS ANALYSIS

$1,360

$0.97

$1,315

$0.93

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS