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PROPERTY INFO
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
- 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
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Beacon Woods Greenside Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$77,035
LOAN DETAILS
$992
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $67,250 |
| Loan Amount | $201,750 |
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
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8107 Greenside Ln Hudson, FL 2
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14319 Teasdale Ave Hudson, FL 1
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LEASED 08/15/19- Rent
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- $1,425
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- 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
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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
1.727.460.8551
Keller Williams Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: U8105180
Last Updated: 11/19/2020
