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6219 Ashfield Pl Wesley Chapel, FL 33545

4 Beds 2 Baths 1,950 sqft Built 1997

$295,000

List Price

$1,650

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $151.28
  • 4 Days on Market
  • MLS # : T3297451
  • Updated Date : 03/27/2021 at 18:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,950 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tampa Prop.

Listing Agent's Description

Wesley Chapel!! Come and see this lovely 4bed/2bath/2car garage home in the established low HOA community of Villages at Wesley Chapel. This home has an Open Floor Plan with high ceilings and plenty of entertaining space with almost 2000 sf. Walk into your welcoming foyer that opens to an expansive family room, kitchen and dining room. No carpet, all vinyl through out the home. Relax watching tv mounted over the mantle or your decorative, electric fireplace. The kitchen offers epoxy stile counters, breakfast bar, center island with pot rack and mini wine fridge and stainless-steel appliances (including a trash compactor) and a separate breakfast nook overlooking the patio. Change the ambiance as the recessed lights have a halo effect. The Master Bedroom is split off the rest of the 3 bedrooms for privacy and offers a nice sized walk-in closet and high ceilings with lots of light. The Master Bath has double sinks, separate shower stall, soaking tub and private water closet. Bedroom 4 is next to the laundry room and offers a walk-in closet. The second bath separates the additional 2 bedrooms and has new shower fixtures, toilet and a STEAM SHOWER! Entertain on your Covered/Screened Oversized Patio with cable and electric for your TV and/or stereo system. Other amenities include a whole house Solar System (Major Electric Savings), Water softener/purifier, security system, in-wall pest control, ROOF replaced 2014, fenced back yard. Open Houses this weekend. See it before it is gone!

SEE MORE

MARKET HIGHLIGHTS

  • 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: Villages at Wesley Chapel

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k343k

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

Neighborhood: Villages at Wesley Chapel

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
Quail Hollow Elementary School Primary Regular NA
Thomas E. Weightman Middle School Middle Regular 1,147 74 7
Wesley Chapel High School High Regular 1,582 99 6

Quail Hollow Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Thomas E. Weightman Middle School

  • Education Level: Middle
  • # of students: 1,147
  • # of teachers: 74
7
GreatSchools Rating

Wesley Chapel High School

  • Education Level: High
  • # of students: 1,582
  • # of teachers: 99
6
GreatSchools Rating
 

$265,500$324,500$295,000

PURCHASE PRICE

$1,485$1,815$1,650

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,650
EXPENSES Loan Payment -$1,025
Property Tax -$327
Property Insurance -$150
HOA -$25
Property Management Fees -$129
CASH FLOW
-$6

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.

$295,000

PROJECTED PRICE

$1,650

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 7.9%
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$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,925

INVESTMENT

$83,925

Down Payment
$73,750
Rehab Estimate
$5,750
Closing Costs
$4,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,025

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,750
Loan Amount $221,250
See What Happens When You Reinvest Cash Flow

6.33

YEARS SAVED

$21,356

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,650

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $1,648

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,535
1$1,5352$1,5953$1,6504$1,6505$1,899
$1,899
RENT COMPS ANALYSIS
  • 6219 Ashfield Pl Wesley Chapel, FL 4
    • 4 beds 2 baths ∙ 1,950 Sqft ∙ Built 1997 4 beds 2 baths ∙ 1,950 Sqft ∙ Built 1997
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.85
    •  
  • 6552 Tabogi Trl Wesley Chapel, FL 1
    • 4 beds 3 baths ∙ 1,891 Sqft ∙ Built 2005 4 beds 3 baths ∙ 1,891 Sqft ∙ Built 2005
    property image
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,535
    • $0.81
    •  
  • 30306 Rattana Ct Wesley Chapel, FL 2
    • 4 beds 3 baths ∙ 1,891 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,891 Sqft ∙ Built 2006
    property image
    LEASED 12/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.84
    •  
  • 6104 Sand Key Ln Wesley Chapel, FL 3
    • 4 beds 3 baths ∙ 2,004 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,004 Sqft ∙ Built 1997
    property image
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.82
    •  
  • 28702 Cottagewood Dr Wesley Chapel, FL 5
    • 4 beds 2 baths ∙ 2,081 Sqft ∙ Built 1994 4 beds 2 baths ∙ 2,081 Sqft ∙ Built 1994
    property image
    LEASED 03/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,899
    • $0.91
    •  
PROPERTY LISTING DETAILS
Kimberly Basen
1.813.546.6631
Keller Williams Tampa Prop.
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3297451
Last Updated: 03/27/2021
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