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6224 Voyagers Pl Apollo Beach, FL 33572

4 Beds 2 Baths 1,996 sqft Built 2018

$360,000

List Price

$2,040

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $180.36
  • 4 Days on Market
  • MLS # : T3289739
  • Updated Date : 02/11/2021 at 20:36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,996 sqft
  • Baths : 2 full
Listing Agent

Signature Realty Associates

Listing Agent's Description

**CHECK IT OUT** Welcome to Waterset! From the moment you walk through the door of this CHARMING, well maintained home, you will not want to leave. This home is better than new at only two years old and lots of added bonuses included. No need to wait for new construction, this home is ready for you to move in now. This well-designed floorplan has an open concept kitchen, dining and living room that features beautiful wood-grain tile floors and a kitchen with white cabinets and stunning quartz countertops, custom backsplash, and stainless appliances. Maytag washer and dryer are also included along with a 75” Samsung TV, Briggs & Stratton 5550-Watt Home Generator, Water Softener, and a “Stack-On” Fire/Waterproof Gun Safe. Your master suite is in the back of the home and once you step into it, you will see why you must have it. With a split-bedroom floorplan, three additional bedrooms round out the front of the home. The backyard is fully fenced-in with 60” wrought iron fencing with gates on both sides of the home. Yard is professionally treated for pests and fleas and ready for your 4-legged family members. Other features include an Arlo Security/Camera System, pre-wired for surround sound, custom garage flooring & storage and so much more. Waterset truly is resort-style living at its best. Conveniently located just minutes from shopping, restaurants, supermarkets, St. Joseph’s South Hospital, I-75 and Tamiami Trail/US 41. Schedule a private showing today before this one is gone!

SEE MORE

MARKET HIGHLIGHTS

  • #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: Apollo Beach

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $91k369k

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

Neighborhood: Apollo Beach

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9052109

* 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
Doby Elementary School Primary Regular 808 65 6
Eisenhower Middle School Middle Regular 1,282 86 4
East Bay High School High Regular 2,330 126 4

Doby Elementary School

  • Education Level: Primary
  • # of students: 808
  • # of teachers: 65
6
GreatSchools Rating

Eisenhower Middle School

  • Education Level: Middle
  • # of students: 1,282
  • # of teachers: 86
4
GreatSchools Rating

East Bay High School

  • Education Level: High
  • # of students: 2,330
  • # of teachers: 126
4
GreatSchools Rating
 

$324,000$396,000$360,000

PURCHASE PRICE

$1,836$2,244$2,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,040
EXPENSES Loan Payment -$1,250
Property Tax -$518
Property Insurance -$152
HOA -$7
Property Management Fees -$129
CASH FLOW
-$17

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.

$360,000

PROJECTED PRICE

$2,040

PROJECTED RENT

0.57%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$101,150

INVESTMENT

$101,150

Down Payment
$90,000
Rehab Estimate
$5,750
Closing Costs
$5,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,250

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $90,000
Loan Amount $270,000
See What Happens When You Reinvest Cash Flow

6

YEARS SAVED

$24,309

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,040

    LIST RENT
  • $1.02

    LIST RENT PER SQFT
  • $2,046

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$1,9953$2,0404$2,3005$2,300
$2,300
RENT COMPS ANALYSIS
  • 6224 Voyagers Pl Apollo Beach, FL 3
    • 4 beds 2 baths ∙ 1,996 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,996 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $2,040
    • $1.02
    •  
  • 6132 Colmar Pl Apollo Beach, FL 1
    • 4 beds 2 baths ∙ 2,119 Sqft ∙ Built 2018 4 beds 2 baths ∙ 2,119 Sqft ∙ Built 2018
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.94
    •  
  • 6320 Sunsail Pl Apollo Beach, FL 2
    • 4 beds 3 baths ∙ 2,046 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,046 Sqft ∙ Built 2017
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.98
    •  
  • 6216 Colmar Pl Apollo Beach, FL 4
    • 4 beds 2 baths ∙ 2,099 Sqft ∙ Built 2018 4 beds 2 baths ∙ 2,099 Sqft ∙ Built 2018
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.10
    •  
  • 7212 Paradiso Dr Apollo Beach, FL 5
    • 4 beds 3 baths ∙ 2,135 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,135 Sqft ∙ Built 2018
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.08
    •  
PROPERTY LISTING DETAILS
Karey Erickson
1.813.390.1399
Signature Realty Associates
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3289739
Last Updated: 02/11/2021
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