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PROPERTY INFO
FACTS
- Single Family
- Built In 1971
- Price/Sqft : $157.53
- 5 Days on Market
- MLS # : T3280678
- Updated Date : 01/16/2021 at 14:07
CONSTRUCTION
- Beds : 5
- Floor Size : 2,126 sqft
- Baths : 2 full , 1 half
Listing Agent
Yany Realty Llc
Listing Agent's Description
MULTIPLE OFFERS, seller requests your best offer to be submitted by tomorrow 01/17 at 2PM. FHA, Conventional, VA, Cash **Charming and Completely Updated 5 BED/ 2/1 BATH + GREAT ROOM waiting for its lucky buyer!. It’s an ideal home for first- time home buyers with MANY updates. As you approach this beauty, the contemporary look of NEW PAINTING, fresh landscape and Spacious driveway will caught your eyes. Tons of updates from flooring to ceiling starting with BRAND NEW ROOF and TILE through-out. Cooking meals for your family in a HUGE & BRAND NEW KITCHEN with Luxurious Countertops, NEW CABINETS and ALL NEW STAINLESS APPLIANCES, has never been more fun! Bathrooms have been UPDATED with NEW VANITIES, LIGHTINGS and much more. Other valuable details to keep in mind include NEW LIGHTING, FRESH PAINTING, TEXTURE WALLS AND CEILING as well. This home has expansive space, you DEFINITELY have to take a look inside. The details are what make this Home very interesting. Pack your things and start living in your SO WELL DESERVED & RENOVATED HOME!!
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
Zip Code: 33594
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 33594
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,730 |
| EXPENSES | Loan Payment | -$1,163 |
| Property Tax | -$441 | |
| Property Insurance | -$160 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$164
|
||
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.
$334,900
PROJECTED PRICE
$1,730
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 7.0% |
| 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
$94,499
LOAN DETAILS
$1,163
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $83,725 |
| Loan Amount | $251,175 |
3.67
YEARS SAVED
$11,002
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,730
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,759
COMP ESTIMATED VALUE -
$0.83
COMP AVG. RENT PER SQFT
Comps Range
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506 Brantwood Ct Valrico, FL 4
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- $1,730
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512 E Hilda Dr Brandon, FL 1
- 3 beds 2 baths ∙ 1,824 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,824 Sqft ∙ Built 1975
LEASED 12/07/19- Rent
- Rent Per SQFT
- $1,449
- $0.79
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207 Belfort Pl Valrico, FL 2
- 3 beds 2 baths ∙ 1,912 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,912 Sqft ∙ Built 1988
LEASED 10/10/19- Rent
- Rent Per SQFT
- $1,595
- $0.83
-
705 Green Cove Dr Brandon, FL 3
- 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 1977
LEASED 01/27/20- Rent
- Rent Per SQFT
- $1,595
- $0.86
-
3107 Elderwood Pl Seffner, FL 5
- 5 beds 3 baths ∙ 2,276 Sqft ∙ Built 1980 5 beds 3 baths ∙ 2,276 Sqft ∙ Built 1980
LEASED 07/05/20- Rent
- Rent Per SQFT
- $1,895
- $0.83
PROPERTY LISTING DETAILS
1.813.679.3694
Yany Realty Llc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3280678
Last Updated: 01/16/2021
