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 : $153.89
- 2 Days on Market
- MLS # : T3278606
- Updated Date : 12/12/2020 at 13:14
CONSTRUCTION
- Beds : 3
- Floor Size : 1,579 sqft
- Baths : 2 full
Listing Agent
Align Right Realty Llc
Listing Agent's Description
This is a beautiful must see home in the community of Dupree Lakes! As you enter this home, you're introduced to a foyer style hall way that leads you to a split bedroom plan and an open floor concept great room! The Kitchen has been updated with granite counter tops and a back splash that not only covers alongside the cabinets but also the breakfast bar. The kitchen is complimented with stainless steel appliances to bring it all together! Enjoy a peaceful afternoon outback in the gazebo that overlooks a peaceful conservation/bird sanctuary. The master bedroom features a nice master bath with an his & her sink countertop, a garden tub with a separate shower and a large walk in closet. The home also has a utility room that is conveniently located inside the home that connects to the very spacious garage. This lovely community offers a big beautiful lagoon style swimming pool, splish splash water zone, covered sitting area, playground, tennis, basketball and volleyball courts and large recreational building for entertaining! LOW HOA! This community is located just inside Pasco County with easy access to I-75, I-275, Veterans Exwy/Suncoast Pkwy.
SEE MORE
- #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: Dupree Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Dupree Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,520 |
| EXPENSES | Loan Payment | -$897 |
| Property Tax | -$423 | |
| Property Insurance | -$128 | |
| HOA | -$10 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$66
|
||
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.
$243,000
PROJECTED PRICE
$1,520
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$70,145
LOAN DETAILS
$897
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $60,750 |
| Loan Amount | $182,250 |
5.08
YEARS SAVED
$14,442
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,520
LIST RENT -
$0.96
LIST RENT PER SQFT
-
$1,516
COMP ESTIMATED VALUE -
$0.96
COMP AVG. RENT PER SQFT
Comps Range
-
5817 Sweet William Ter Land O Lakes, FL 2
- 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 2007
- Rent
- Rent Per SQFT
- $1,520
- $0.96
-
5550 Shasta Daisy Pl Land O Lakes, FL 1
- 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 2010 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 2010
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,495
- $0.95
-
6102 Sweet William Ter Land O Lakes, FL 3
- 3 beds 2 baths ∙ 1,580 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,580 Sqft ∙ Built 2009
LEASED 04/17/20- Rent
- Rent Per SQFT
- $1,595
- $1.01
-
6038 Sweet William Ter Land O Lakes, FL 4
- 3 beds 2 baths ∙ 1,855 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,855 Sqft ∙ Built 2006
LEASED 02/28/20- Rent
- Rent Per SQFT
- $1,725
- $0.93
-
5934 Sweet William Ter Land O Lakes, FL 5
- 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 2006
LEASED 03/14/20- Rent
- Rent Per SQFT
- $1,750
- $0.95
PROPERTY LISTING DETAILS
1.813.817.6814
Align Right Realty Llc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3278606
Last Updated: 12/12/2020
