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4734 Presidential St Seffner, FL 33584

3 Beds 2 Baths 1,522 sqft Built 1981

$235,000

List Price

$1,480

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 08, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $154.40
  • 6 Days on Market
  • MLS # : T3279695
  • Updated Date : 12/09/2020 at 20:58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,522 sqft
  • Baths : 2 full
Listing Agent

Florida Realty Investments

Listing Agent's Description

Must see!! This home has some new upgrades. Brand new appliances included in the sell. Upgraded kitchen cabinets and Newer a/c unit. Roof is under 10 years old. Being sold as is. All rooms are approximate in size. Priced to sell. There is NO HOA fees or CDD. This home will go quick, call now to schedule showing.

SEE MORE

MARKET HIGHLIGHTS

  • #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.
  • 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)

PRICE & RENT TRENDS

Neighborhood: Seffner Community Alliance

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $85k238k

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

Neighborhood: Seffner Community Alliance

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8541590

* 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
Mango Elementary School Primary Regular 849 62 2
Jennings Middle School Middle Regular 770 58 2
Armwood High School High Regular 1,809 104 3

Mango Elementary School

  • Education Level: Primary
  • # of students: 849
  • # of teachers: 62
2
GreatSchools Rating

Jennings Middle School

  • Education Level: Middle
  • # of students: 770
  • # of teachers: 58
2
GreatSchools Rating

Armwood High School

  • Education Level: High
  • # of students: 1,809
  • # of teachers: 104
3
GreatSchools Rating
 

$211,500$258,500$235,000

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$867
Property Tax -$300
Property Insurance -$125
Property Management Fees -$129
CASH FLOW
$60

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.

$235,000

PROJECTED PRICE

$1,480

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 7.3%
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$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,025

INVESTMENT

$68,025

Down Payment
$58,750
Rehab Estimate
$5,750
Closing Costs
$3,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$867

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,750
Loan Amount $176,250
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$27,052

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,480

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,503

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3953$1,4654$1,4805$1,495
$1,495
RENT COMPS ANALYSIS
  • 4734 Presidential St Seffner, FL 4
    • 3 beds 2 baths ∙ 1,522 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,522 Sqft ∙ Built 1981
    • Rent
    • Rent Per SQFT
    •  
    • $1,480
    • $0.97
    •  
  • 5233 Presidential St Seffner, FL 1
    • 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1983
    LEASED 12/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.99
    •  
  • 11017 Connacht Way Tampa, FL 2
    • 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1996
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $1.05
    •  
  • 4205 Orange St Seffner, FL 3
    • 3 beds 2 baths ∙ 1,593 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,593 Sqft ∙ Built 1978
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,465
    • $0.92
    •  
  • 4710 Dunquin Pl Tampa, FL 5
    • 3 beds 2 baths ∙ 1,512 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,512 Sqft ∙ Built 1994
    LEASED 11/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.99
    •  
PROPERTY LISTING DETAILS
Christopher Mills
1.305.988.2141
Florida Realty Investments
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3279695
Last Updated: 12/09/2020
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