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4104 Yellowwood Dr Valrico, FL 33594

3 Beds 2 Baths 1,474 sqft Built 1987

$265,000

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $179.78
  • 4 Days on Market
  • MLS # : T3287269
  • Updated Date : 01/29/2021 at 10:50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,474 sqft
  • Baths : 2 full
Listing Agent

Signature Realty Associates

Listing Agent's Description

Do not miss your opportunity to own this beautiful home located in the heart of Valrico, Florida. This attractive 3 bedroom/ 2 bath/ 2 car garage ranch home is now available and will not last long. The floor plans features include an open and lofty flow, skylights, beautiful wood flooring, wood cabinetry, color coordinated solid surface countertops, enclosed lanai is perfect for capturing moments of tranquility, large fenced yard, washer/dryer, water conditioner, newer windows, massive owner's retreat, abundance of natural light, vaulted ceilings and much more. Owners suite ceiling fan does not convey. NEW A/C & WATER HEATER 2020. Brand NEW dimensional ROOF will be installed prior to closing. This home is what you have been waiting for... call before it is gone~~~

SEE MORE

MARKET HIGHLIGHTS

  • #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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: East County Civic Group

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k343k

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

Neighborhood: East County Civic Group

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
Buckhorn Elementary School Primary Regular 640 52 7
Mulrennan Middle School Middle Regular 1,133 71 6
Durant High School High Regular 2,303 117 5

Buckhorn Elementary School

  • Education Level: Primary
  • # of students: 640
  • # of teachers: 52
7
GreatSchools Rating

Mulrennan Middle School

  • Education Level: Middle
  • # of students: 1,133
  • # of teachers: 71
6
GreatSchools Rating

Durant High School

  • Education Level: High
  • # of students: 2,303
  • # of teachers: 117
5
GreatSchools Rating
 

$238,500$291,500$265,000

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$920
Property Tax -$349
Property Insurance -$122
Property Management Fees -$129
CASH FLOW
-$31

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.

$265,000

PROJECTED PRICE

$1,490

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 7.6%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$75,975

INVESTMENT

$75,975

Down Payment
$66,250
Rehab Estimate
$5,750
Closing Costs
$3,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$920

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,250
Loan Amount $198,750
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$16,776

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,490

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $1,485

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,4903$1,4954$1,5505$1,595
$1,595
RENT COMPS ANALYSIS
  • 4104 Yellowwood Dr Valrico, FL 2
    • 3 beds 2 baths ∙ 1,474 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,474 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $1.01
    •  
  • 1452 Piney Branch Cir Valrico, FL 1
    • 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1987
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.02
    •  
  • 920 Stallion Way Valrico, FL 3
    • 3 beds 2 baths ∙ 1,511 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,511 Sqft ∙ Built 2000
    LEASED 06/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.99
    •  
  • 3832 Highgate Dr Valrico, FL 4
    • 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 1978
    LEASED 01/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.02
    •  
  • 4113 Copper Canyon Blvd Valrico, FL 5
    • 3 beds 2 baths ∙ 1,600 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,600 Sqft ∙ Built 1999
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.00
    •  
PROPERTY LISTING DETAILS
Kim Agee-gresham
1.813.689.3115
Signature Realty Associates
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3287269
Last Updated: 01/29/2021
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