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2912 Copper Height Ct 
Valrico, FL
33594
3 Beds 2 Baths 1,819 sqft
Built 2004
INVESTimate
$267,500
List Price
$76,638
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PROPERTY INFO
FACTS
- Built In 2004
- Price/Sqft : $147.06
- 3 Days on Market
- MLS # : T3261080
- Updated Date : 08/25/2020 at 12:18
CONSTRUCTION
- Beds : 3
- Floor Size : 1,819 sqft
- Baths : 2 full
Listing Agent
Signature Realty Associates
Listing Agent's Description
View the home virtually with this link: my.matterport.com/show/?m=j81kqbk7X7u&mls=1 WOW! Talk about MOVE-IN ready! This marvelous 3 bedroom, 2 bathroom home has been wonderfully updated and is nestled on a fantastic golf course lot with views from the front all the way to the back! Located in the prestigious Diamond Hill community, this gorgeous home is just down the street from resort style amenities including a luxurious lap pool, playground, tennis court and clubhouse! Enjoy the maintenance free living with lawn care included with your fees! Step inside and discover the attention to detail around every corner! BRAND NEW luxury plank vinyl flooring throughout all the living areas as well as wide baseboards and neutral paint! This waterproof flooring is so beautiful and a breeze to clean, you get the best of both worlds! On either side of the entryway you will find the formal areas, a bright dining room and a spacious living room that would make the perfect home office! Take a few more steps forward and unveil the heart of the home… the wide-open family room and kitchen space! Open concept at it’s finest! With a wall of sliders leading out to the lanai, the natural light and golf course views are effortless! Lets take a second to appreciate the kitchen boasting granite counters, NEW stainless appliances and a roomy walk-in pantry! One of the absolute best features of this home is the tranquil outdoor space! A expanded, screened and covered lanai will surely be your new oasis to kick back and relax, especially in the relaxing above ground spa! The master suite is truly a retreat with an updated en-suite boasting his and her sinks, garden tub, separate shower, and a large walk-in closet! All three bedrooms boast new carpet and both bathrooms have been refinished with resurfaced cabinets and new floors! This is the place to call home! Come take a look for yourself!
SEE MORE
- 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)
PRICE & RENT TRENDS
Neighborhood: Diamond Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Diamond Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,540 |
| EXPENSES | Loan Payment | -$987 |
| Property Tax | -$364 | |
| Property Insurance | -$142 | |
| HOA | -$81 | |
| Property Management Fees | -$80 | |
|
CASH FLOW
-$114
|
||
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.
$267,500
PROJECTED PRICE
$1,540
PROJECTED RENT
0.58%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 4.47% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.26% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$76,638
LOAN DETAILS
$987
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $66,875 |
| Loan Amount | $200,625 |
4
YEARS SAVED
$11,590
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,540
LIST RENT -
$0.85
LIST RENT PER SQFT
-
$1,664
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
-
2912 Copper Height Ct Valrico, 1
- 3 beds 2 baths ∙ 1,819 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,819 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $1,540
- $0.85
-
607 Back Water Ct Valrico, 2
- 4 beds 3 baths ∙ 1,864 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,864 Sqft ∙ Built 2001
LEASED 12/26/19- Rent
- Rent Per SQFT
- $1,625
- $0.87
-
2814 Graphite Ct Valrico, 3
- 3 beds 2 baths ∙ 1,819 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,819 Sqft ∙ Built 2005
LEASED 07/17/20- Rent
- Rent Per SQFT
- $1,650
- $0.91
-
1002 Crystal Carbon Way Valrico, 4
- 4 beds 2 baths ∙ 1,919 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,919 Sqft ∙ Built 2005
LEASED 09/29/19- Rent
- Rent Per SQFT
- $1,775
- $0.92
-
1512 Emerald Hill Way Valrico, 5
- 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2004
LEASED 05/26/20- Rent
- Rent Per SQFT
- $1,945
- $0.96
PROPERTY LISTING DETAILS
1.813.655.5333
Signature Realty Associates
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3261080
Last Updated: 08/25/2020
