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812 Walsingham Way Valrico, FL 33594

3 Beds 2 Baths 1,779 sqft Built 1990

$270,000

List Price

$1,670

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $151.77
  • 3 Days on Market
  • MLS # : T3285927
  • Updated Date : 01/22/2021 at 10:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,779 sqft
  • Baths : 2 full
Listing Agent

Florida Executive Realty

Listing Agent's Description

GORGEOUS NEW LISTING ! HIGHLY DESIRABLE BRENTWOOD HILLS ! FANTASTIC SCHOOLS ! NO BACK YARD NEIGHBORS ! VERY LOW HOA AND NO CDD ! PRIDE OF OWNERSHIP AND MOVE-IN READY ! UNBELIEVABLE PEACEFUL BACK YARD SETTING ! COME SEE THIS BEAUTIFUL 3 BEDROOM 2 BATH 2 CAR GARAGE HOME THAT HAS “JUST SHY” OF 1800 SQUARE FEET LIVING AREA AND “ALMOST” 2900 SQUARE FEET UNDER ROOF ! YOUR NEW KITCHEN FEATURES: OAK CABINETS, LEVEL 5 GRANITE, STAINLESS STEEL APPLIANCES, HUGH PANTRY, BACK SPLASH, TILE FLOOR AND PERFECT SIZE NOOK AREA WITH PICTURE WINDOW ! OWNERS SUITE HAS: HARD WOOD FLOORS, DUAL SINKS WITH GRANITE COUNTER ALONG WITH WALK-IN SHOWER AND LARGE CLOSET WITH BUILT-IN SHELVING ! MORE AMAZING FEATURES OF THIS HOME INCLUDE: ENGINEERED HARD WOOD FLOORS THRU-OUT LIVING AREAS, MASSIVE L-SHAPED SCREENED-IN LANIA WITH OPEN BRICK PAVER PATIO, GORGEOUS/MATURE LANDSCAPING, CROWN MOLDING WITH 5 ¼’ BASEBOARDS, LOTS OF NATURAL LIGHT, HIGH ENERGY/EFFICIENT DOUBLE PANE WINDOWS (2015) WATER HEATER (2017) FRONT DOOR (2015) GARAGE DOOR OPENER (2020) 25 YEAR ROOF (2005) HVAC (2008) ! THIS HOME IS A MUST SEE AND WILL NOT BE AVAILABLE LONG ! ALL SHOWINGS WILL BE SCHEDULED FOR SATURDAY & SUNDAY ONLY BETWEEN 10AM-5PM ! PLEASE CALL YOUR AGENT TO SCHEDULE PRIVATE SHOWING !

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: Brentwood Hills

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $85k335k

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

Neighborhood: Brentwood Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8781840

* 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
Brooker Elementary School Primary Regular 920 72 4
Burns Middle School Middle Regular 1,255 75 7
Bloomingdale High School High Regular 2,191 118 6

Brooker Elementary School

  • Education Level: Primary
  • # of students: 920
  • # of teachers: 72
4
GreatSchools Rating

Burns Middle School

  • Education Level: Middle
  • # of students: 1,255
  • # of teachers: 75
7
GreatSchools Rating

Bloomingdale High School

  • Education Level: High
  • # of students: 2,191
  • # of teachers: 118
6
GreatSchools Rating
 

$243,000$297,000$270,000

PURCHASE PRICE

$1,503$1,837$1,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,670
EXPENSES Loan Payment -$938
Property Tax -$356
Property Insurance -$140
HOA -$55
Property Management Fees -$129
CASH FLOW
$53

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.

$270,000

PROJECTED PRICE

$1,670

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 7.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.27%
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$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,300

INVESTMENT

$77,300

Down Payment
$67,500
Rehab Estimate
$5,750
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$938

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,500
Loan Amount $202,500
See What Happens When You Reinvest Cash Flow

7.25

YEARS SAVED

$23,423

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,670

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,677

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,599
1$1,5992$1,6003$1,6504$1,6705$1,845
$1,845
RENT COMPS ANALYSIS
  • 812 Walsingham Way Valrico, FL 4
    • 3 beds 2 baths ∙ 1,779 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,779 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $1,670
    • $0.94
    •  
  • 625 Sand Ridge Dr Valrico, FL 1
    • 3 beds 2 baths ∙ 1,624 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,624 Sqft ∙ Built 1995
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.98
    •  
  • 417 Sand Ridge Dr Valrico, FL 2
    • 3 beds 2 baths ∙ 1,826 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,826 Sqft ∙ Built 1998
    LEASED 01/11/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.88
    •  
  • 807 Sandcastle Cir Brandon, FL 3
    • 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1998
    LEASED 06/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.87
    •  
  • 903 Tuscanny St Brandon, FL 5
    • 4 beds 2 baths ∙ 1,775 Sqft ∙ Built 1997 4 beds 2 baths ∙ 1,775 Sqft ∙ Built 1997
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $1.04
    •  
PROPERTY LISTING DETAILS
Brian Allen
1.813.382.8077
Florida Executive Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3285927
Last Updated: 01/22/2021
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