General About the House and Area
Just ten minutes to KSU and I-75. Nestled in a quiet, no-HOA neighborhood. The main suite features walk-in closets and a spacious bathroom. Open great room with a cozy fireplace and separate dining room. The updated kitchen with vaulted ceilings, white cabinets, and stainless steel appliances. Downstairs, freshly painted bonus room, laundry area, 2-car garage, and outdoor access. Serene, wooded backyard on a hilltop lot, overlooking a well-manicured, established neighborhood.
STR Monthly – $3000
MTR Monthly – $5000-6000
Hybrid Expert Comments
- The main area flooring in the photos looks good but I have to see it in person to see if we can keep them- this could be a bigger ticket item.
- Carpet in bedrooms definitely needs to be changed preferably to LVP.
- House looks like wood exterior. If maintained, this is no problem. If it has not been maintained properly, then this could also be a big ticket item with ongoing maintenance and repairs.
- Roof looks good in the photos.
- Kitchen looks older. Possibly keep the cabinets and add stone counters or replace the entire kitchen.
- Bathrooms are dated. If they are clean, we’ll leave them and maybe add stone countertops.
- Backyard needs to be fenced – This is one of the most requested items for MTRs especially.
Estimate: Hybrid Rental vs Long Term Rental (LTR)
| Long Term Rental | Hybrid | |
| Rent | $2,150 | $5,500 |
| Expenses | ||
| HOA | $0 | $0 |
| Property Taxes | $190 | $190 |
| Insurance | $145 | $181 |
| Leasing (1/24) | $90 | |
| Utilities | $0 | $350 |
| Mo. Mang. (%) | 9% | |
| Mo. Mang. ($) | $194 | |
| Rev Share (%) | 25% | |
| Rev Share ($) | $1,375 | |
| Total | $618 | $2,096 |
| Principal & Int. | $1,400 | $1,400 |
| Total | $2,018 | $3,496 |
| Cashflow | $132 | $2,004 |
- Updated On:
- August 1, 2024
- 4 Bedrooms
- 2 Bathrooms
- Garage Garages
- 2,000.00 ft2
- Year Built:1985
Property Id: 67262
Price: Suggested Offer $ 335,000
Property Size: 2,000.00 ft2
Property Lot Size: 17,000.00 ft2
Rooms: 5
Bedrooms: 4
Bathrooms: 2
Year Built: 1985
Garage: Garage
Garage Size: 2 Cars
Basement: Finished
External Construction: Wood Siding
Roofing: Composition
Rent (mo): 5500
ROI (ann): 20
Cashflow (mo): 2000
Property Taxes (mo): 190
Insurance (mo): 150
Repairs (mo): 85
Management Fee (mo): 1300
Vacancy Rate (ann): 5
Other Features
back yard
deck
finished basement
fireplace
$ 587,838.07
per month- Principal and Interest
- Property Tax
- HOA fee
$ 1,588.07