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

28931 Perilli Pl Wesley Chapel, FL 33543

4 Beds 3 Baths 2,821 sqft Built 2016

$495,000

List Price

$2,900

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $175.47
  • 5 Days on Market
  • MLS # : T3278049
  • Updated Date : 12/04/2020 at 16:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,821 sqft
  • Baths : 3 full
Listing Agent

Re/max Dynamic

Listing Agent's Description

Welcome to Estancia- an amazing upscale community with RESORT STYLE amenities! This pristine Standard Pacific home is only 5 years old and boasts all the bells and whistles. This beautiful 2 story Spanish/Mediterranean style home offers 4br/3ba + office + bonus room and a 3 car garage! You will appreciate the OPEN CONCEPT floor plan and tons of natural light that flows throughout. The chef of the family will enjoy cooking in the UPGRADED EAT-IN kitchen boasting STAINLESS STEEL appliances, GRANITE countertops, 42” maple cabinetry with crown molding, and a huge center island. A den/office is located off the kitchen and includes French doors and peaceful POND VIEWS- the perfect space for virtual learning or working from home! There is one bedroom located on the first floor, ideal for guests. On the second floor you will find two lovely guest rooms that share a well-appointed bath with granite double sink vanity. The sun-splashed master retreat features an elegant tray ceiling and a beautiful en suite bath. Upstairs you will also find a spacious laundry room with sink for your convenience and a large BONUS LOFT. Additional interior features include; GAS appliances, NEW WOOD laminate flooring, a water softener, and more! You will love relaxing or entertaining on your SCREENED LANAI overlooking the FULLY FENCED yard and POND. Nestled in the coveted community of Estancia, RESORT STYLE amenities include; a gorgeous clubhouse, pool, tennis, fitness, playground, basketball courts, and more! Located in a TOP RATED SCHOOL DISTRICT, nearby shopping and dining with easy access to I75! The LOVELY community of Estancia is a DELIGHTGFUL community in Wesley Chapel close to malls, restaurants, schools, highways, the FL Ice Center, medical facilities, and SO MUCH MORE!! The community has resort-style amenities, including a 7,000 SqFt clubhouse, pools, tennis court, basket ball court, dog park, as well as walking trails. The residents LOVE the easy access to shops at Wiregrass, PHSC, Center Ice, Premium Outlets, Walmart, Costco, Sam’s Club, Publix, and it is also close to I-75, and I-275 for easy commuting. The property taxes include the CDD! Make your appointment to see this must have home today!

SEE MORE

MARKET HIGHLIGHTS

  • #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: Estancia at Wiregrass

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k343k

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

Neighborhood: Estancia at Wiregrass

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9052007

* 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
Wiregrass Elementary School Primary Regular NA
Dr. John Long Middle School Middle Regular 1,689 101 8
Wiregrass Ranch High School High Regular 2,332 138 8

Wiregrass Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Dr. John Long Middle School

  • Education Level: Middle
  • # of students: 1,689
  • # of teachers: 101
8
GreatSchools Rating

Wiregrass Ranch High School

  • Education Level: High
  • # of students: 2,332
  • # of teachers: 138
8
GreatSchools Rating
 

$445,500$544,500$495,000

PURCHASE PRICE

$2,610$3,190$2,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,900
EXPENSES Loan Payment -$1,826
Property Tax -$731
Property Insurance -$201
HOA -$65
Property Management Fees -$129
CASH FLOW
-$52

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.

$495,000

PROJECTED PRICE

$2,900

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$136,925

INVESTMENT

$136,925

Down Payment
$123,750
Rehab Estimate
$5,750
Closing Costs
$7,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,826

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $123,750
Loan Amount $371,250
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$37,116

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,900

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $3,018

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$2,650
1$2,6502$2,9003$3,0004$3,3005$3,500
$3,500
RENT COMPS ANALYSIS
  • 28931 Perilli Pl Wesley Chapel, FL 2
    • 4 beds 3 baths ∙ 2,821 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,821 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.03
    •  
  • 4652 Tivoli Dr Wesley Chapel, FL 1
    • 4 beds 3 baths ∙ 2,938 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,938 Sqft ∙ Built 2018
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $0.90
    •  
  • 4068 Empoli Ct Wesley Chapel, FL 3
    • 4 beds 4 baths ∙ 2,903 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,903 Sqft ∙ Built 2016
    LEASED 09/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.03
    •  
  • 28767 Lucero Ln Wesley Chapel, FL 4
    • 4 beds 3 baths ∙ 2,900 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,900 Sqft ∙ Built 2019
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.14
    •  
  • 4043 Empoli Ct Wesley Chapel, FL 5
    • 4 beds 4 baths ∙ 2,887 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,887 Sqft ∙ Built 2016
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.21
    •  
PROPERTY LISTING DETAILS
Andrew Duncan
1.813.501.3939
Re/max Dynamic
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3278049
Last Updated: 12/04/2020
BESbswy