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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $178.71
- 3 Days on Market
- MLS # : T3286974
- Updated Date : 01/30/2021 at 09:52
CONSTRUCTION
- Beds : 3
- Floor Size : 1,846 sqft
- Baths : 2 full , 1 half
Listing Agent
Dalton Wade, Inc.
Listing Agent's Description
Immaculate **Pool Home **in Twelve Oaks Subdivision the only thing missing in this home is a new wonderful owner this home has a **New Roof (Oct 2020) **New 4 Ton Air Conditioner (2020) Fence just 2 years old NO HOA ...NO FLOOOD INSURANCE require. This home has ceramic tile throughout the entire house.The house is located in a cul-de-sac. The kitchen has all wood cabinets, granite counter tops, a cozy family room with view and access to the pool. Sliding doors to the pool . The back yard is very spacious perfect for gathering and entertainment.This house does not need anything it has that family feeling the minute you walk in. Centrally located close to Tampa International Airport, Malls and beaches. This is a must see house!!! This home will not last long on the market ......Move in ready
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: Twelve Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Twelve Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,750 |
| EXPENSES | Loan Payment | -$1,146 |
| Property Tax | -$406 | |
| Property Insurance | -$143 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$73
|
||
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.
$329,900
PROJECTED PRICE
$1,750
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.13% |
| Appreciation Year (1-5) | 7.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.27% |
| 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
$93,174
LOAN DETAILS
$1,146
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $82,475 |
| Loan Amount | $247,425 |
5.08
YEARS SAVED
$17,118
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,750
LIST RENT -
$0.95
LIST RENT PER SQFT
-
$1,888
COMP ESTIMATED VALUE -
$1.02
COMP AVG. RENT PER SQFT
Comps Range
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7307 Woodkirk Ct Tampa, FL 3
- 3 beds 3 baths ∙ 1,846 Sqft ∙ Built 1977 3 beds 3 baths ∙ 1,846 Sqft ∙ Built 1977
- Rent
- Rent Per SQFT
- $1,750
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7318 Sunshine Cir Tampa, FL 1
- 4 beds 2 baths ∙ 1,695 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,695 Sqft ∙ Built 1975
LEASED 11/09/20- Rent
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- $1,650
- $0.97
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- 3 beds 2 baths ∙ 1,533 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,533 Sqft ∙ Built 1973
LEASED 02/03/20- Rent
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- $1,700
- $1.11
-
7104 Hazelwood Tampa, FL 4
- 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1970
LEASED 06/15/20- Rent
- Rent Per SQFT
- $1,800
- $1.05
-
7206 Pat Blvd Tampa, FL 5
- 4 beds 2 baths ∙ 1,929 Sqft ∙ Built 1969 4 beds 2 baths ∙ 1,929 Sqft ∙ Built 1969
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,850
- $0.96
PROPERTY LISTING DETAILS
1.508.991.0057
Dalton Wade, Inc.
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3286974
Last Updated: 01/30/2021
