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PROPERTY INFO
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
- 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
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Brentwood Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$77,300
LOAN DETAILS
$938
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $67,500 |
| Loan Amount | $202,500 |
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
-
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
1.813.382.8077
Florida Executive Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3285927
Last Updated: 01/22/2021
