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3206 Acapulco Dr Riverview, FL 33578

4 Beds 2 Baths 1,294 sqft Built 1984

$229,900

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $177.67
  • 2 Days on Market
  • MLS # : T3279295
  • Updated Date : 12/06/2020 at 01:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,294 sqft
  • Baths : 2 full
Listing Agent

Dawn Kleins Real Proz,inc

Listing Agent's Description

This perfect 4 bedroom home has everything ready for your family. Walk into your home with a great sized living space perfectly situated next to a wonderful walk through kitchen with bright cabinets and stainless steel appliances. 3 bedrooms and bath are separated from the master bed and bath for some privacy. The nice size backyard has an over sized fence door, perfect for getting larger items in, like a boat. Newer roof was put on only 3 years ago. In this desirable area this amazing home will not last long. Come take your private tour today!!!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • #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)

PRICE & RENT TRENDS

Zip Code: 33578

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $85k268k

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

Zip Code: 33578

ZipNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8781726

* 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
Symmes Elementary School Primary Regular 651 49 4
Giunta Middle School Middle Regular 951 61 1
Riverview High School High Regular 2,387 128 6

Symmes Elementary School

  • Education Level: Primary
  • # of students: 651
  • # of teachers: 49
4
GreatSchools Rating

Giunta Middle School

  • Education Level: Middle
  • # of students: 951
  • # of teachers: 61
1
GreatSchools Rating

Riverview High School

  • Education Level: High
  • # of students: 2,387
  • # of teachers: 128
6
GreatSchools Rating
 

$206,910$252,890$229,900

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$848
Property Tax -$317
Property Insurance -$111
Property Management Fees -$129
CASH FLOW
$5

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.

$229,900

PROJECTED PRICE

$1,410

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 5.2%
Maintenance Year (1-5) 8.00%
Vacancy 5.27%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,674

INVESTMENT

$66,674

Down Payment
$57,475
Rehab Estimate
$5,750
Closing Costs
$3,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$848

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $57,475
Loan Amount $172,425
See What Happens When You Reinvest Cash Flow

6.5

YEARS SAVED

$20,468

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $1.09

    LIST RENT PER SQFT
  • $1,375

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$1,410
1$1,4102$1,5253$1,5504$1,6005$1,700
$1,700
RENT COMPS ANALYSIS
  • 3206 Acapulco Dr Riverview, FL 1
    • 4 beds 2 baths ∙ 1,294 Sqft ∙ Built 1984 4 beds 2 baths ∙ 1,294 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $1.09
    •  
  • 1412 High Knoll Dr Brandon, FL 2
    • 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 1987
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $1.03
    •  
  • 5510 Lindburg St Riverview, FL 3
    • 4 beds 2 baths ∙ 1,418 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,418 Sqft ∙ Built 1999
    LEASED 09/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.09
    •  
  • 2016 Avalon Cove Ct Brandon, FL 4
    • 3 beds 2 baths ∙ 1,491 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,491 Sqft ∙ Built 1993
    LEASED 10/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.07
    •  
  • 1625 Wakefield Dr Brandon, FL 5
    • 3 beds 2 baths ∙ 1,602 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,602 Sqft ∙ Built 1996
    LEASED 09/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.06
    •  
PROPERTY LISTING DETAILS
Judah Klein
1.813.363.9781
Dawn Kleins Real Proz,inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3279295
Last Updated: 12/06/2020
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