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5329 Shasta Daisy Pl Land O Lakes, FL 34639

4 Beds 3 Baths 2,888 sqft Built 2012

$325,000

List Price

$1,950

$1.8K - $2.1K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $112.53
  • 3 Days on Market
  • MLS # : W7828590
  • Updated Date : 11/21/2020 at 01:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,888 sqft
  • Baths : 2 full , 1 half
Listing Agent

Seasalt Properties Llc

Listing Agent's Description

This wonderful, 4br/2.5ba/3cg plus a huge office/bonus room, home is nestled in the desirable community of DUPREE LAKES. Bright and welcoming, this SPACIOUS Beazer built home features 2900 SF of living space with well appointed UPGRADES throughout. An elegant formal dining room greets you upon entering. The gourmet kitchen offers GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, 42" upgraded cabinets, and a huge center island. The kitchen overlooks the sunny eat in space and spacious family room. Upper stair you will find a very spacious loft that is perfect for movies and/or entertaining. The beautiful oversized master bedroom offers a WALK IN CLOSET and a luxurious en suite with garden bath, dual sinks, and separate walk in shower. This elegant home features an PRIVATE backyard which backs up to PEACEFUL and lush CONSERVATION. Plenty of space to entertain! Located in premiere DUPREE LAKES, this wonderful community is surrounded by natural conservation and walking trails, offering many amenities including: community pool, clubhouse, basketball/tennis courts, and more! Conveniently located close to shopping, dining, with easy access to DOWNTOWN TAMPA! *Seller is repainting exterior*

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: Dupree Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k458k

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

Neighborhood: Dupree Lakes

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
Pine View Elementary School Primary Regular 653 48 6
Pine View Middle School Middle Regular 924 58 6
Land O' Lakes High School High Magnet 1,700 100 8

Pine View Elementary School

  • Education Level: Primary
  • # of students: 653
  • # of teachers: 48
6
GreatSchools Rating

Pine View Middle School

  • Education Level: Middle
  • # of students: 924
  • # of teachers: 58
6
GreatSchools Rating

Land O' Lakes High School

  • Education Level: High
  • # of students: 1,700
  • # of teachers: 100
8
GreatSchools Rating
 

$292,500$357,500$325,000

PURCHASE PRICE

$1,755$2,145$1,950

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,950
EXPENSES Loan Payment -$1,199
Property Tax -$577
Property Insurance -$204
HOA -$8
Property Management Fees -$80
CASH FLOW
-$119

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.

$325,000

PROJECTED PRICE

$1,950

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 4.0%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$91,875

INVESTMENT

$91,875

Down Payment
$81,250
Rehab Estimate
$5,750
Closing Costs
$4,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,199

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $81,250
Loan Amount $243,750
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$14,867

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,950

    LIST RENT
  • $0.68

    LIST RENT PER SQFT
  • $2,099

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,900
1$1,9002$1,9503$2,1504$2,200
$2,200
RENT COMPS ANALYSIS
  • 5329 Shasta Daisy Pl Land O Lakes, FL 2
    • 4 beds 3 baths ∙ 2,888 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,888 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.68
    •  
  • 5810 Candytuft Pl Land O Lakes, FL 1
    • 4 beds 3 baths ∙ 2,665 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,665 Sqft ∙ Built 2006
    LEASED 12/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.71
    •  
  • 23048 Wood Violet Ct Land O Lakes, FL 3
    • 5 beds 4 baths ∙ 3,210 Sqft ∙ Built 2012 5 beds 4 baths ∙ 3,210 Sqft ∙ Built 2012
    LEASED 08/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.67
    •  
  • 4836 Walnut Ridge Rd Land O Lakes, FL 4
    • 4 beds 3 baths ∙ 2,755 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,755 Sqft ∙ Built 2005
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.80
    •  
PROPERTY LISTING DETAILS
Steven Charlton
1.727.314.2475
Seasalt Properties Llc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: W7828590
Last Updated: 11/21/2020
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