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4113 N Constantine Loop Wesley Chapel, FL 33543

4 Beds 2 Baths 2,115 sqft Built 2007

$295,850

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
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

MARKET HIGHLIGHTS

  • 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

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400kPrice in $85k445k

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

Neighborhood: Ashton Oaks

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8781835

* 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
Double Branch Elementary School Primary Regular 869 62 6
Thomas E. Weightman Middle School Middle Regular 1,147 74 7
Wesley Chapel High School High Regular 1,582 99 6

Double Branch Elementary School

  • Education Level: Primary
  • # of students: 869
  • # of teachers: 62
6
GreatSchools Rating

Thomas E. Weightman Middle School

  • Education Level: Middle
  • # of students: 1,147
  • # of teachers: 74
7
GreatSchools Rating

Wesley Chapel High School

  • Education Level: High
  • # of students: 1,582
  • # of teachers: 99
6
GreatSchools Rating
 

$266,265$325,435$295,850

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$84,150

INVESTMENT

$84,150

Down Payment
$73,963
Rehab Estimate
$5,750
Closing Costs
$4,438

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,028

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,963
Loan Amount $221,888
See What Happens When You Reinvest Cash Flow

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
$1,740
1$1,7402$1,9003$1,9004$1,9505$1,950
$1,950
RENT COMPS ANALYSIS
  • 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
    •  
  • 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
    property image
    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
Maritza Diaz
1.727.492.2060
Florida Luxury Realty Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8105308
Last Updated: 01/16/2021
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