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PROPERTY INFO
FACTS
- Single Family
- Built In 1987
- Price/Sqft : $186.74
- 2 Days on Market
- MLS # : T3269032
- Updated Date : 01/09/2021 at 12:46
CONSTRUCTION
- Beds : 3
- Floor Size : 1,606 sqft
- Baths : 2 full
Listing Agent
Signature Realty Associates
Listing Agent's Description
BRAND NEW ROOF INSTALLED January 8th, 2021! 3 Bedrooms + 2 Bathrooms + 2 Car Garage + Pool + AMAZING KITCHEN + NO HOA = YES PLEASE! This Valrico home has great curb appeal nestled into the Meadowwood Estates Subdivision. The kitchen has been completely remodeled with REAL WOOD CABINETS and GRANITE counters with a SUPERSIZED BREAKFAST BAR. You'll love your private pool with EXTRA LARGE PATIO & SCREENED LANAI with fully fenced yard. EXCELLENT School District! Close to Shopping, Dining and about an hour to Orlando and Public Beaches. Downtown Tampa is a quick ride on the crosstown! Come see this gem for yourself...won't last long! Seller can close quickly. Owner works from home so you must have an appointment. Home being sold AS-IS for sellers' convenience. *Seller is related to Listing Agent.
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: East County Civic Group
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: East County Civic Group
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,550 |
| EXPENSES | Loan Payment | -$1,042 |
| Property Tax | -$349 | |
| Property Insurance | -$130 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$100
|
||
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.
$299,900
PROJECTED PRICE
$1,550
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$85,224
LOAN DETAILS
$1,042
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $74,975 |
| Loan Amount | $224,925 |
4.58
YEARS SAVED
$13,855
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,550
LIST RENT -
$0.97
LIST RENT PER SQFT
-
$1,562
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
4109 Yellowwood Dr Valrico, FL 3
- 3 beds 2 baths ∙ 1,606 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,606 Sqft ∙ Built 1987
- Rent
- Rent Per SQFT
- $1,550
- $0.97
-
4617 Newbourne Way Valrico, FL 1
- 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 2002
LEASED 04/15/20- Rent
- Rent Per SQFT
- $1,375
- $0.91
-
3832 Highgate Dr Valrico, FL 2
- 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 4
- 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
-
2715 Buckhorn Preserve Blvd Valrico, FL 5
- 4 beds 3 baths ∙ 1,788 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,788 Sqft ∙ Built 2003
LEASED 06/06/20- Rent
- Rent Per SQFT
- $1,725
- $0.96
PROPERTY LISTING DETAILS
1.813.689.3115
Signature Realty Associates
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3269032
Last Updated: 01/09/2021
