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

6451 Golden Leaf Ct Lakewood Ranch, FL 34202

3 Beds 2 Baths 1,225 sqft Built 1995

INVESTimate

$285,000

List Price

$1,560

$1,404 - $1,716

Rent Est.

$299,364  ( +5.04%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1995
  • Price/Sqft : $232.65
  • 7 Days on Market
  • MLS # : A4475928
  • Updated Date : 08/25/2020 at 17:42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,225 sqft
  • Baths : 2 full
Listing Agent

Mcgregor International Real Estate Co

Listing Agent's Description

***STYLISH SUMMERFIELD SMART HOME*** This 3/2/2 with 9ft+ ceilings was FULLY UPDATED in 2017. The kitchen is updated with a huge farmhouse sink, appliances, quartz counters/backsplash, hardware and unique under/top counter led lighting. The master bathroom has been updated with New Shower (tile, fixtures and shower door) and vanity. This is a true smart home with: Keyless Entry, Nest Climate Control and Doorbell, Nest Security and camera system, All lighting is Philips Hue LED which is both App & Wall Controlled (all colors). The back yard is fully fenced (Great for your pets) and boasts a paved and enclosed patio area. Beautiful Wood-like tile throughout the house This popular community includes two parks with walking paths, playgrounds, a canoe/kayak launch, fishing, tennis courts and ball fields with top rated "A" schools. Just minutes away from Lakewood Ranch's quaint Main Street, an abundance of dining and shopping options.

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Summerfield Village

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $123k509k

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

Neighborhood: Summerfield Village

ZipNIR Market*CityMarket20102015Year20082019 Q214001600180020002200240026002800Rent in $12942926

* 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
Braden River Elementary School Primary Regular 672 46 6
Braden River Middle School Middle Regular 977 56 5
Lakewood Ranch High School High Regular 2,299 95 7

Braden River Elementary School

  • Education Level: Primary
  • # of students: 672
  • # of teachers: 46
6
GreatSchools Rating

Braden River Middle School

  • Education Level: Middle
  • # of students: 977
  • # of teachers: 56
5
GreatSchools Rating

Lakewood Ranch High School

  • Education Level: High
  • # of students: 2,299
  • # of teachers: 95
7
GreatSchools Rating
 

$256,500$313,500$285,000

PURCHASE PRICE

$1,404$1,716$1,560

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,560
EXPENSES Loan Payment -$1,052
Property Tax -$391
Property Insurance -$111
HOA -$18
Property Management Fees -$80
CASH FLOW
-$92

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$285,000

PROJECTED PRICE

$1,560

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.34%
Appreciation Year (1-5) 5.04%
Maintenance Year (1-5) 8.00%
Vacancy 3.70%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$81,275

INVESTMENT

$81,275

Down Payment
$71,250
Rehab Estimate
$5,750
Closing Costs
$4,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,052

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $71,250
Loan Amount $213,750
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$13,010

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,560

    LIST RENT
  • $1.27

    LIST RENT PER SQFT
  • $1,243

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,2753$1,5604$1,6505$1,800
$1,800
RENT COMPS ANALYSIS
  • 6451 Golden Leaf Ct Lakewood Ranch, 3
    • 3 beds 2 baths ∙ 1,225 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,225 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $1,560
    • $1.27
    •  
  • 11426 Water Willow Ave Lakewood Ranch, 1
    • 3 beds 2 baths ∙ 1,378 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,378 Sqft ∙ Built 1997
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.91
    •  
  • 11914 Winding Woods Way Lakewood Ranch, 2
    • 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 2000
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.91
    •  
  • 12231 Winding Woods Way Lakewood Ranch, 4
    • 3 beds 2 baths ∙ 1,522 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,522 Sqft ∙ Built 2000
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.08
    •  
  • 6252 Macaw Gln Lakewood Rch, 5
    • 3 beds 2 baths ∙ 1,554 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,554 Sqft ∙ Built 2001
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.16
    •  
PROPERTY LISTING DETAILS
Warren Mcgregor
1.941.447.1253
Mcgregor International Real Estate Co
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: A4475928
Last Updated: 08/25/2020
BESbswy