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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $139.88
- 3 Days on Market
- MLS # : U8105308
- Updated Date : 01/16/2021 at 09:42
CONSTRUCTION
- Beds : 4
- Floor Size : 2,115 sqft
- Baths : 2 full
Listing Agent
Florida Luxury Realty Inc
Listing Agent's Description
Stop the Car.... This is the one! This 4 bedrooms and 2 baths open floor plan home on a LARGE beautiful pie shaped conservation lot is move in ready and just waiting for new owners. Custom upgrades inside and out, This Home offers tile throughout the home and carpet in bedrooms. It has an exceptional chef’s kitchen with granite counters, plenty of wood cabinets for storage, stainless steel appliances, a Culligan Water Osmosis System, pantry and large breakfast bar. Both bathrooms have been updated IN BEAUTIFUL TRAVERTINE. A LARGE screened lanai added this year in 2020 with an amazing conservation view which makes it perfect for entertainment or just to sit and enjoy your morning coffee or an evening by the fire... The attached 2-car garage has been done in a epoxy floor with plenty of room for storage (storage cabinets do not convey) It has video cameras outside that you can attach to your alarm system. Seller will also take offers on furniture. Ashton Oaks Community is in Wesley Chapel and offers a beautiful pool with a gazebo and conservation areas and the best part they have Low HOA and NO CDD Fees!!!! Located in a prime location near 75 & 54. Shopping includes The Shops at Wiregrass and Tampa Premium Outlets along with countless restaurants and entertainment including the newly opened Main Event and Rock & Brews! Let's make this one your forever home!
SEE MORE
- 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)
- 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.
PRICE & RENT TRENDS
Neighborhood: Ashton Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Ashton Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,740 |
| EXPENSES | Loan Payment | -$1,028 |
| Property Tax | -$328 | |
| Property Insurance | -$159 | |
| HOA | -$73 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$23
|
||
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.
$295,850
PROJECTED PRICE
$1,740
PROJECTED RENT
0.59%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 6.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.27% |
| 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
$84,150
LOAN DETAILS
$1,028
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $73,963 |
| Loan Amount | $221,888 |
6.5
YEARS SAVED
$22,628
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,740
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$1,845
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
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4113 N Constantine Loop Wesley Chapel, FL 1
- 4 beds 2 baths ∙ 2,115 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,115 Sqft ∙ Built 2007
![property image]()
- Rent
- Rent Per SQFT
- $1,740
- $0.82
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32931 Hillman Ct Wesley Chapel, FL 2
- 4 beds 3 baths ∙ 2,259 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,259 Sqft ∙ Built 2012
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LEASED 01/29/20- Rent
- Rent Per SQFT
- $1,900
- $0.84
-
4613 White Bay Cir Wesley Chapel, FL 3
- 3 beds 3 baths ∙ 2,282 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,282 Sqft ∙ Built 2005
![property image]()
LEASED 04/30/20- Rent
- Rent Per SQFT
- $1,900
- $0.83
-
32652 Coldwater Creek Loop Wesley Chapel, FL 4
- 4 beds 2 baths ∙ 2,170 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,170 Sqft ∙ Built 2017
![property image]()
LEASED 10/10/20- Rent
- Rent Per SQFT
- $1,950
- $0.90
-
4041 Constantine Loop Wesley Chapel, FL 5
- 4 beds 2 baths ∙ 2,115 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,115 Sqft ∙ Built 2007
![property image]()
LEASED 10/31/20- Rent
- Rent Per SQFT
- $1,950
- $0.92
PROPERTY LISTING DETAILS
1.727.492.2060
Florida Luxury Realty Inc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: U8105308
Last Updated: 01/16/2021
