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8107 Greenside Ln Hudson, FL 34667

3 Beds 2 Baths 2,382 sqft Built 1985

$269,000

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $112.93
  • 5 Days on Market
  • MLS # : U8105180
  • Updated Date : 11/19/2020 at 16:36
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,382 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Beacon Wood beauty brand new to the market! Get ready to fall in love and start packing, as this is a brand new listing to hit the market. This is a lovely property that has a lot to offer, even the fussiest buyer! Lots of parking in the oversized driveway will welcome you home. The lush large lawn is beautiful and you can enjoy the large front yard from your very own front porch. Once you enter this home you will be enticed to see more. LOTS of living space in this 3 bedroom, 2 bathroom home. This home offers a living room, dining room, family room right off the kitchen. The kitchen is a great place to cook, lots of cabinets, counter space and large closet panty and adjoining the family room. Split floor plan and very large bedrooms. The owners suite is a good size, large walk in closet, updated bathroom with tub and large shower. Most of this home was updated including the appliances in 2015 and it has been very well maintained. The garage is a delight, it is a oversized 2 car garage with a separate storage area that is air conditioned! Additional living and entertaining space off the kitchen and owners bedroom plus a enclosed room with access to the large yard. This home sits on a private lot, community pool in a wonderful community. Schedule a showing today!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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.

PRICE & RENT TRENDS

Neighborhood: Beacon Woods Greenside Village

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220k240kPrice in $55k246k

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

Neighborhood: Beacon Woods Greenside Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7391590

* 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
Hudson Elementary School Primary Regular 604 45 1
Hudson Middle School Middle Regular 743 51 3
Fivay High School High Regular 1,320 81 4

Hudson Elementary School

  • Education Level: Primary
  • # of students: 604
  • # of teachers: 45
1
GreatSchools Rating

Hudson Middle School

  • Education Level: Middle
  • # of students: 743
  • # of teachers: 51
3
GreatSchools Rating

Fivay High School

  • Education Level: High
  • # of students: 1,320
  • # of teachers: 81
4
GreatSchools Rating
 

$242,100$295,900$269,000

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$992
Property Tax -$302
Property Insurance -$175
HOA -$24
Property Management Fees -$80
CASH FLOW
$7

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.

$269,000

PROJECTED PRICE

$1,580

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 8.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.25%
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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,035

INVESTMENT

$77,035

Down Payment
$67,250
Rehab Estimate
$5,750
Closing Costs
$4,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$992

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,250
Loan Amount $201,750
See What Happens When You Reinvest Cash Flow

6.08

YEARS SAVED

$21,594

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,580

    LIST RENT
  • $0.66

    LIST RENT PER SQFT
  • $1,751

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,425
1$1,4252$1,5803$1,6004$1,6455$1,890
$1,890
RENT COMPS ANALYSIS
  • 8107 Greenside Ln Hudson, FL 2
    • 3 beds 2 baths ∙ 2,382 Sqft ∙ Built 1985 3 beds 2 baths ∙ 2,382 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $1,580
    • $0.66
    •  
  • 14319 Teasdale Ave Hudson, FL 1
    • 3 beds 2 baths ∙ 2,072 Sqft ∙ Built 1992 3 beds 2 baths ∙ 2,072 Sqft ∙ Built 1992
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.69
    •  
  • 13533 Woodward Dr Hudson, FL 3
    • 3 beds 3 baths ∙ 2,212 Sqft ∙ Built 1994 3 beds 3 baths ∙ 2,212 Sqft ∙ Built 1994
    LEASED 06/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.72
    •  
  • 13624 Morning Ct Hudson, FL 4
    • 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 2001
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,645
    • $0.74
    •  
  • 12809 Teakwood Ln Hudson, FL 5
    • 3 beds 3 baths ∙ 2,401 Sqft ∙ Built 1977 3 beds 3 baths ∙ 2,401 Sqft ∙ Built 1977
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,890
    • $0.79
    •  
PROPERTY LISTING DETAILS
Carol Conologue
1.727.460.8551
Keller Williams Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8105180
Last Updated: 11/19/2020
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