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8267 Rose Ter Seminole, FL 33777

3 Beds 1 Baths 1,176 sqft Built 1960

$250,000

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $212.59
  • 5 Days on Market
  • MLS # : T3284231
  • Updated Date : 01/13/2021 at 17:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,176 sqft
  • Baths : 1 full
Listing Agent

Nu Home Finders, Inc

Listing Agent's Description

You will fall in love with this NEWLY RENOVATED property. As soon as you open the front door, you will see the beautiful and bright open kitchen with subway tile backsplash and ALL NEW stainless steel appliances and cabinets. Subway tile backsplash and granite countertops really make this kitchen stand out! Luxury vinyl plank flooring has been added throughout the entire home for low maintenance and a beautiful look! Worried about repairs? This home has a NEW ROOF and HVAC. It is perfect for your first and (maybe) last home! The bathroom has an updated and elegant tiled shower with a luxurious sink and counter. The master bedroom suite has two closets and a great view of your new backyard. Everything is close by including Starbucks, Publix, Sam's Club, and Lowe's. Call now for a showing and check out our virtual tour!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • #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)

PRICE & RENT TRENDS

Zip Code: 33777

ZipNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240kPrice in $79k256k

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

Zip Code: 33777

ZipNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8781803

* 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
Bardmoor Elementary School Primary Regular 604 48 3
Osceola Middle School Middle Regular 1,162 65 5
Dixie M. Hollins High School High Regular 1,826 104 4

Bardmoor Elementary School

  • Education Level: Primary
  • # of students: 604
  • # of teachers: 48
3
GreatSchools Rating

Osceola Middle School

  • Education Level: Middle
  • # of students: 1,162
  • # of teachers: 65
5
GreatSchools Rating

Dixie M. Hollins High School

  • Education Level: High
  • # of students: 1,826
  • # of teachers: 104
4
GreatSchools Rating
 

$225,000$275,000$250,000

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$868
Property Tax -$314
Property Insurance -$105
Property Management Fees -$129
CASH FLOW
-$86

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.

$250,000

PROJECTED PRICE

$1,330

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 5.2%
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$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$10,894

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,330

    LIST RENT
  • $1.13

    LIST RENT PER SQFT
  • $1,361

    COMP ESTIMATED VALUE
  • $1.16

    COMP AVG. RENT PER SQFT
Comps Range
$1,330
1$1,3302$1,3953$1,5994$1,6005$1,650
$1,650
RENT COMPS ANALYSIS
  • 8267 Rose Ter Seminole, FL 1
    • 3 beds 1 baths ∙ 1,176 Sqft ∙ Built 1960 3 beds 1 baths ∙ 1,176 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $1,330
    • $1.13
    •  
  • 8714 Pelican Ln Seminole, FL 2
    • 3 beds 1 baths ∙ 1,136 Sqft ∙ Built 1958 3 beds 1 baths ∙ 1,136 Sqft ∙ Built 1958
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $1.23
    •  
  • 8589 Lantana Dr Seminole, FL 3
    • 4 beds 2 baths ∙ 1,443 Sqft ∙ Built 1969 4 beds 2 baths ∙ 1,443 Sqft ∙ Built 1969
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $1.11
    •  
  • 8701 Magnolia Dr Seminole, FL 4
    • 3 beds 2 baths ∙ 1,437 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,437 Sqft ∙ Built 1959
    LEASED 01/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.11
    •  
  • 8530 Rose Ter Seminole, FL 5
    • 3 beds 2 baths ∙ 1,404 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,404 Sqft ∙ Built 1971
    LEASED 01/09/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.18
    •  
PROPERTY LISTING DETAILS
Edgar Rodriguez
1.813.675.5418
Nu Home Finders, Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3284231
Last Updated: 01/13/2021
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