Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $130.91
- 2 Days on Market
- MLS # : T3282143
- Updated Date : 12/27/2020 at 01:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,902 sqft
- Baths : 2 full
Listing Agent
The Property Pros Real Estate
Listing Agent's Description
This home is a MUST SEE! This 3 bedroom/2 bath home has been meticulously maintained and it shows! Home is equipped with thermal pane windows and features an open floor plan with BRAND NEW FLOORING installed in 2020. When you walk in you will notice the 10’ ceilings and 8’ doors along with crown molding. Continue on into the kitchen where you will find Zodiaq QUARTZ countertops, stainless steel appliances and an island made for the whole family. The spacious master suite is located opposite of the other two (2) bedrooms and features a walk in closet, jetted tub, stand up shower and duel sinks. Your other two (2) bedrooms have BRAND NEW CARPET and are separated by your second bathroom. Home situated on dead-end street/cul da sac for privacy. Community features community pool and exercise facility, hiking paths and park, fishing lakes, spacious lot sizes, pool/rv storage available for only $30/month! New gutters have been added to home exterior. NEW A/C & sprinkler system in 2020. Schedule your showing today, this one won’t last long! 3D VIRTUAL TOUR: https://my.matterport.com/show/?m=YpcGgXHLRCw&brand=0
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: Apollo Beach
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Apollo Beach
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,610 |
| EXPENSES | Loan Payment | -$919 |
| Property Tax | -$510 | |
| Property Insurance | -$147 | |
| HOA | -$8 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$102
|
||
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.
$249,000
PROJECTED PRICE
$1,610
PROJECTED RENT
0.65%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 4.5% |
| 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
$71,735
LOAN DETAILS
$919
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $62,250 |
| Loan Amount | $186,750 |
4.17
YEARS SAVED
$11,075
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,610
LIST RENT -
$0.85
LIST RENT PER SQFT
-
$1,626
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
5418 Hammock View Ln Apollo Beach, FL 2
- 3 beds 2 baths ∙ 1,902 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,902 Sqft ∙ Built 2007
- Rent
- Rent Per SQFT
- $1,610
- $0.85
-
338 Star Shell Dr Apollo Beach, FL 1
- 3 beds 2 baths ∙ 1,920 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,920 Sqft ∙ Built 2009
LEASED 01/21/20- Rent
- Rent Per SQFT
- $1,550
- $0.81
-
163 Star Shell Dr Apollo Beach, FL 3
- 4 beds 2 baths ∙ 2,061 Sqft ∙ Built 2012 4 beds 2 baths ∙ 2,061 Sqft ∙ Built 2012
LEASED 05/04/20- Rent
- Rent Per SQFT
- $1,700
- $0.82
-
132 Star Shell Dr Apollo Beach, FL 4
- 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2012 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2012
LEASED 04/07/20- Rent
- Rent Per SQFT
- $1,735
- $0.87
-
5407 Hammock View Ln Apollo Beach, FL 5
- 3 beds 2 baths ∙ 1,952 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,952 Sqft ∙ Built 2007
LEASED 06/06/20- Rent
- Rent Per SQFT
- $1,800
- $0.92
PROPERTY LISTING DETAILS
1.407.499.2991
The Property Pros Real Estate
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3282143
Last Updated: 12/27/2020
