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3727 Greenford St Valrico, FL 33596

3 Beds 2 Baths 1,644 sqft Built 1982

$300,000

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1982
  • Price/Sqft : $182.48
  • 20 Days on Market
  • MLS # : T3294551
  • Updated Date : 03/24/2021 at 08:56
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,644 sqft
  • Baths : 2 full
Listing Agent

Century 21 List With Beggins

Listing Agent's Description

This wonderful 3 bedroom, 2 bathroom POOL home is perfectly located on a spacious .20 acre lot. A family friendly neighborhood which is zoned for GREAT schools! A short walk away from community park, playground, tennis & basketball courts! Inside awaits a spacious formal dining room, perfect for family gatherings & holidays! Open to the dining room is an updated kitchen w/ Quartz countertops, stainless appliances, tile backsplash, wine fridge & breakfast bar seating! Also open to the kitchen is an eat-in nook space & family room w/ French doors leading to the lanai! A separate living area extends from the family room, great for a play room, or could even be an open home office! New water heater in 2017 and new refrigerator in 2020. Large covered lanai makes for wonderful outdoor entertainment. This will not last long.

SEE MORE

MARKET HIGHLIGHTS

  • 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

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k343k

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

Neighborhood: Bloomingdale

NeighborhoodNIR 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
Alafia Elementary School Primary Regular 579 44 8
Burns Middle School Middle Regular 1,255 75 7
Bloomingdale High School High Regular 2,191 118 6

Alafia Elementary School

  • Education Level: Primary
  • # of students: 579
  • # of teachers: 44
8
GreatSchools Rating

Burns Middle School

  • Education Level: Middle
  • # of students: 1,255
  • # of teachers: 75
7
GreatSchools Rating

Bloomingdale High School

  • Education Level: High
  • # of students: 2,191
  • # of teachers: 118
6
GreatSchools Rating
 

$270,000$330,000$300,000

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,042
Property Tax -$395
Property Insurance -$132
Property Management Fees -$129
CASH FLOW
-$88

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.

$300,000

PROJECTED PRICE

$1,610

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$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$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

4.67

YEARS SAVED

$14,413

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,610

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,636

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$1,610
1$1,6102$1,6353$1,6994$1,7755$1,845
$1,845
RENT COMPS ANALYSIS
  • 3727 Greenford St Valrico, FL 1
    • 3 beds 2 baths ∙ 1,644 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,644 Sqft ∙ Built 1982
    • Rent
    • Rent Per SQFT
    •  
    • $1,610
    • $0.98
    •  
  • 718 Fortuna Dr Brandon, FL 2
    • 4 beds 2 baths ∙ 1,692 Sqft ∙ Built 1983 4 beds 2 baths ∙ 1,692 Sqft ∙ Built 1983
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,635
    • $0.97
    •  
  • 607 Fieldstone Dr Brandon, FL 3
    • 3 beds 2 baths ∙ 1,674 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,674 Sqft ∙ Built 1984
    LEASED 01/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,699
    • $1.01
    •  
  • 612 Hidden Lake Dr Brandon, FL 4
    • 3 beds 2 baths ∙ 1,823 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,823 Sqft ∙ Built 1979
    LEASED 04/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.97
    •  
  • 3702 Greenford St Valrico, FL 5
    • 4 beds 3 baths ∙ 1,793 Sqft ∙ Built 1981 4 beds 3 baths ∙ 1,793 Sqft ∙ Built 1981
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $1.03
    •  
PROPERTY LISTING DETAILS
Joe Deaner
1.813.892.1432
Century 21 List With Beggins
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3294551
Last Updated: 03/24/2021
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