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5216 Burr Pl 
Seffner, FL
33584
3 Beds 2 Baths 1,663 sqft
Built 1983
INVESTimate
$230,000
List Price
$66,700
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PROPERTY INFO
FACTS
- Built In 1983
- Price/Sqft : $138.30
- 2 Days on Market
- MLS # : T3261459
- Updated Date : 08/26/2020 at 02:31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,663 sqft
- Baths : 2 full
Listing Agent
Rivera & Associates Realty
Listing Agent's Description
Beautiful corner lot home in the heart of Seffner. 3 bedrooms 2 bathrooms, Plus an extra room with possibilities to become a fourth room This home is in magnificent condition looks and feels like new, new Roof installed May 2020 , Wood floors through out the home. This home is conveniently located close to schools, shops , restaurants, hospitals. Don't miss out the opportunity to own this home. Perfect for a first time buyer or growing families.
SEE MORE
- 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.
- Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Seffner Community Alliance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Seffner Community Alliance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$849 |
| Property Tax | -$293 | |
| Property Insurance | -$133 | |
| Property Management Fees | -$80 | |
|
CASH FLOW
$105
|
||
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.
$230,000
PROJECTED PRICE
$1,460
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 7.31% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.27% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$66,700
LOAN DETAILS
$849
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $57,500 |
| Loan Amount | $172,500 |
8.58
YEARS SAVED
$31,293
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.88
LIST RENT PER SQFT
-
$1,567
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
-
5216 Burr Pl Seffner, 4
- 3 beds 2 baths ∙ 1,663 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,663 Sqft ∙ Built 1983
- Rent
- Rent Per SQFT
- $1,460
- $0.88
-
5233 Presidential St Seffner, 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
-
4709 Limerick Dr Tampa, 2
- 4 beds 2 baths ∙ 1,410 Sqft ∙ Built 1994 4 beds 2 baths ∙ 1,410 Sqft ∙ Built 1994
LEASED 08/14/19- Rent
- Rent Per SQFT
- $1,400
- $0.99
-
11713 Mango Cross Ct Seffner, 3
- 3 beds 4 baths ∙ 1,608 Sqft ∙ Built 2003 3 beds 4 baths ∙ 1,608 Sqft ∙ Built 2003
LEASED 11/19/19- Rent
- Rent Per SQFT
- $1,400
- $0.87
-
4205 Orange St Seffner, 5
- 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
PROPERTY LISTING DETAILS
1.813.443.5031
Rivera & Associates Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3261459
Last Updated: 08/26/2020
