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4157 Yellowwood Dr Valrico, FL 33594

4 Beds 3 Baths 1,869 sqft Built 1985

$289,900

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $155.11
  • 3 Days on Market
  • MLS # : U8104697
  • Updated Date : 11/14/2020 at 01:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,869 sqft
  • Baths : 2 full , 1 half
Listing Agent

Charles Rutenberg Realty Inc

Listing Agent's Description

FULLY UPDATED 4 bedroom, 2.5 bath, 2 car garage with OVERSIZED fenced yard in quiet cul-de-sac neighborhood. No HOA, No CDD, No flood zone! NEWER HVAC (2017). New Garage Door/Motor (2020). As you drive up to this home, you will notice the fresh exterior paint, professional landscaping and grand double door entry. Inside the home boasts a wide open floor plan featuring vaulted ceilings and tons of windows/sliders, making it feel airy and bright. New Kitchen Shaker cabinets, Granite counter tops, new stainless steel appliances, modern subway tile backsplash, and breakfast nook. New luxury waterproof vinyl flooring throughout, new interior paint and new modern fixtures complete the open concept home. Plenty of living space with formal dining area and open living and family room spaces. Half bathroom downstairs for guests. First Floor Primary's suite with lots of light featuring new carpeting and walk-in closet with additional storage plus a secondary closet. Primary ensuite bathroom boasts his and her vanities and shower stall with updated tile. Additional First Floor guest bedroom/office/flex space/nursery with new waterproof vinyl flooring is a unique bonus space! Upstairs are 2 additional bedrooms with new plush carpeting and plenty of storage with walk-in closet space. Guest bedrooms share an upstairs hall bathroom with new vanity and updated tile in the shower/tub combo. Interior laundry room for added convenience on first floor. Double Sliding door access from the family and living areas out to the covered patio and large fenced backyard! Plenty of room for a pool, shed and/or your toys! Centrally located to I-75, Crosstown Expwy, I-4 corridor, schools, restaurants, shopping and more!

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: 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
 

$260,910$318,890$289,900

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$1,070
Property Tax -$382
Property Insurance -$145
Property Management Fees -$80
CASH FLOW
-$17

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.

$289,900

PROJECTED PRICE

$1,660

PROJECTED RENT

0.57%

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,070

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

6.08

YEARS SAVED

$23,528

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,660

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,645

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,635
1$1,6352$1,6603$1,6954$1,7005$1,750
$1,750
RENT COMPS ANALYSIS
  • 4157 Yellowwood Dr Valrico, FL 2
    • 4 beds 3 baths ∙ 1,869 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,869 Sqft ∙ Built 1985
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $0.89
    •  
  • 3814 Treadway Dr Valrico, FL 1
    • 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 1974
    property image
    LEASED 03/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,635
    • $0.87
    •  
  • 4306 Brooke Dr Valrico, FL 3
    • 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 1999
    property image
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.92
    •  
  • 3814 Ravenna Dr Valrico, FL 4
    • 4 beds 3 baths ∙ 1,974 Sqft ∙ Built 1974 4 beds 3 baths ∙ 1,974 Sqft ∙ Built 1974
    property image
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.86
    •  
  • 4401 Brandon Ridge Dr Valrico, FL 5
    • 4 beds 2 baths ∙ 2,004 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,004 Sqft ∙ Built 2000
    property image
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.87
    •  
PROPERTY LISTING DETAILS
Andrea Stoll
1.727.490.9964
Charles Rutenberg Realty Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8104697
Last Updated: 11/14/2020
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