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4109 Yellowwood Dr Valrico, FL 33594

3 Beds 2 Baths 1,606 sqft Built 1987

$299,900

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
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.

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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: 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
 

$269,910$329,890$299,900

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

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

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$1.0M

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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

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 $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

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
$1,375
1$1,3752$1,5503$1,5504$1,5955$1,725
$1,725
RENT COMPS ANALYSIS
  • 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
Susie Roscoe
1.813.689.3115
Signature Realty Associates
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3269032
Last Updated: 01/09/2021
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