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PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $151.01
- 3 Days on Market
- MLS # : T3291124
- Updated Date : 02/19/2021 at 22:56
CONSTRUCTION
- Beds : 4
- Floor Size : 1,788 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
Come see this charming 4 bedroom 2 bath home in Bloomingdale! Upon arrival the double door entry leads you into the open foyer. The high ceilings and open floor plan instantly make you feel at home. The gallery kitchen includes all appliances, eat-in dinette area, hardwood cabinets and double closet pantry. Elegant 18x18 tile on the diagonal throughout the entire home! There is a steady flow between the kitchen, family room, and outdoor living space, perfect for entertaining! Large windows allow for natural light to spill in from every angle. Unwind after a long day on the very private screened in lanai overlooking the lovely backyard oasis! The master suite includes master bath, walk-in closet & sliding doors leading out to the lanai. The secondary bedrooms are nicely sized with ample closet space. Unwind after a long day in your very private screened in lanai overlooking the lovely backyard oasis! Bloomingdale is a highly sought after community conveniently located to restaurants, entertainment, good schools, and to our amazing Florida beaches & theme parks. Easy commute access to I4, I75, and The Crosstown Expressway. Call today for your private showing and experience the Florida lifestyle!
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: Bloomingdale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Bloomingdale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,780 |
| EXPENSES | Loan Payment | -$938 |
| Property Tax | -$356 | |
| Property Insurance | -$140 | |
| HOA | -$19 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$198
|
||
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.
$270,000
PROJECTED PRICE
$1,780
PROJECTED RENT
0.66%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 6.0% |
| 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
$77,300
LOAN DETAILS
$938
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $67,500 |
| Loan Amount | $202,500 |
10.08
YEARS SAVED
$38,846
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,780
LIST RENT -
$1
LIST RENT PER SQFT
-
$1,757
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
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4520 Preston Woods Dr Valrico, FL 3
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- $1,780
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1327 Monte Lake Dr Valrico, FL 1
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LEASED 02/27/20- Rent
- Rent Per SQFT
- $1,600
- $0.90
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1109 Bloom Hill Ave Valrico, FL 2
- 4 beds 2 baths ∙ 1,651 Sqft ∙ Built 1992 4 beds 2 baths ∙ 1,651 Sqft ∙ Built 1992
LEASED 08/06/20- Rent
- Rent Per SQFT
- $1,695
- $1.03
-
4726 Preston Woods Dr Valrico, FL 4
- 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 2000
LEASED 07/22/20- Rent
- Rent Per SQFT
- $1,795
- $0.97
-
4604 Preston Woods Dr Valrico, FL 5
- 4 beds 2 baths ∙ 1,776 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,776 Sqft ∙ Built 1999
LEASED 07/13/20- Rent
- Rent Per SQFT
- $1,825
- $1.03
PROPERTY LISTING DETAILS
1.813.684.9500
Keller Williams Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3291124
Last Updated: 02/19/2021
