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
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $151.12
- 4 Days on Market
- MLS # : T3283511
- Updated Date : 01/08/2021 at 04:56
CONSTRUCTION
- Beds : 4
- Floor Size : 2,547 sqft
- Baths : 3 full
Listing Agent
Assist 2 Sell The Eshack Team
Listing Agent's Description
YOUR SEARCH ENDS HERE!! Located in the sought-after BLOOMINGDALE community in Valrico, you are going to fall in love with this amazing POOL HOME. This home is steps away from the YMCA, top notch schools, neighborhood parks, shopping, & restaurants. It Features over 2,500 heated sq ft, 4 bedrooms, 3 full baths, hardwood & tile floors, vaulted ceilings, & a large solar heated pool w/a relaxing water feature. Once you walk into the foyer, you will realize how special this home is. The formal dining room features a trey ceiling and has large windows that draw in lots of natural light. Sliders in the living, family, and master bedroom open up the back of the home and give access to the covered porch and screened in pool area. Perfect for family get togethers and entertaining. You are going to fall in love with the generous sized master suite with separate sitting area and 2 walk-in closets. His/hers vanities w/cultured marble sinks, a large garden tub, and a separate walk-in shower pulls together the master bathroom. The remodeled kitchen overlooks the family room w/a wood-burning fireplace and has beautiful granite counters, stainless appliances, 42” cabinets, a large breakfast bar, & the island with granite top will stay as well as pot rack…a true gourmets delight! The solar heated pool makes the pool a year-round luxury. Enjoy telling family stories in the backyard while sitting around the stone firepit. Recent items that have been taken care of: Roof is 5 years old, new front door, new solar panels for pool along with a new pool pump and DE filter, updated sprinkler system, new water heater, color changing led light in pool, security system and lanai ceiling fan. This is a beautiful home and is ready for its new owners!! Call now for your personal showing!!
SEE MORE
- 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)
- 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)
PRICE & RENT TRENDS
Neighborhood: Bloomingdale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Bloomingdale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,260 |
EXPENSES | Loan Payment | -$1,337 |
Property Tax | -$507 | |
Property Insurance | -$185 | |
HOA | -$35 | |
Property Management Fees | -$129 | |
CASH FLOW
$67
|
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.
$384,900
PROJECTED PRICE
$2,260
PROJECTED RENT
0.59%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 4.27% |
Appreciation Year (1-5) | 6.0% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.26% |
Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$107,749
LOAN DETAILS
$1,337
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $96,225 |
Loan Amount | $288,675 |
7.25
YEARS SAVED
$34,189
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,260
LIST RENT -
$0.89
LIST RENT PER SQFT
-
$2,318
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.813.400.1395
Assist 2 Sell The Eshack Team
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3283511
Last Updated: 01/08/2021