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3537 Seffner Dr Holiday, FL 34691

3 Beds 2 Baths 1,096 sqft Built 1973

$169,000

List Price

$1,070

$963 - $1.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $154.20
  • 3 Days on Market
  • MLS # : U8114574
  • Updated Date : 02/27/2021 at 01:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,096 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Gulfside Rlty

Listing Agent's Description

Don't miss this fully renovated 3 bedroom 2 bathroom home in Holiday. Solid wood cabinets with granite counter-tops, tasteful backslash and stainless steel appliances. Tile and laminate floor throughout with carpet in the bedrooms. Large backyard with screened in patio to enjoy Florida's beautiful weather.Centrally located to Tarpon Springs, shopping, schools, restaurants, Tampa Airport, beaches, fishing, boating, etc. 2017 Roof and 2016 AC and 3D tour available. Come see this move in ready home before its gone.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • One of the best cost-friendly American cities to do business (KPMG)

PRICE & RENT TRENDS

Neighborhood: Aloha Gardens

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $46k238k

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

Neighborhood: Aloha Gardens

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2700800900100011001200130014001500Rent in $6071590

* 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
Gulf Trace Elementary School Primary Regular 707 49 3
Paul R. Smith Middle School Middle Regular 1,030 69 3
Anclote High School High Regular 1,381 78 4

Gulf Trace Elementary School

  • Education Level: Primary
  • # of students: 707
  • # of teachers: 49
3
GreatSchools Rating

Paul R. Smith Middle School

  • Education Level: Middle
  • # of students: 1,030
  • # of teachers: 69
3
GreatSchools Rating

Anclote High School

  • Education Level: High
  • # of students: 1,381
  • # of teachers: 78
4
GreatSchools Rating
 

$152,100$185,900$169,000

PURCHASE PRICE

$963$1,177$1,070

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,070
EXPENSES Loan Payment -$587
Property Tax -$181
Property Insurance -$100
Property Management Fees -$129
CASH FLOW
$73

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.

$169,000

PROJECTED PRICE

$1,070

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 13.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.25%
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$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$50,535

INVESTMENT

$50,535

Down Payment
$42,250
Rehab Estimate
$5,750
Closing Costs
$2,535

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$587

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $42,250
Loan Amount $126,750
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$18,313

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,070

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,173

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$1,070
1$1,0702$1,2003$1,2504$1,2505$1,379
$1,379
RENT COMPS ANALYSIS
  • 3537 Seffner Dr Holiday, FL 1
    • 3 beds 2 baths ∙ 1,096 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,096 Sqft ∙ Built 1973
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,070
    • $0.98
    •  
  • 3538 Bigelow Dr Holiday, FL 2
    • 3 beds 2 baths ∙ 1,055 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,055 Sqft ∙ Built 1971
    property image
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.14
    •  
  • 2531 Almond Dr Holiday, FL 3
    • 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 1971
    property image
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.99
    •  
  • 2427 Roselawn Dr Holiday, FL 4
    • 3 beds 2 baths ∙ 1,148 Sqft ∙ Built 1967 3 beds 2 baths ∙ 1,148 Sqft ∙ Built 1967
    property image
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.09
    •  
  • 3028 Pinon Dr Holiday, FL 5
    • 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1974
    property image
    LEASED 04/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,379
    • $1.06
    •  
PROPERTY LISTING DETAILS
Christopher Rogers
1.727.483.8153
Keller Williams Gulfside Rlty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8114574
Last Updated: 02/27/2021
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