Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$975,000

Sale Pending
1109 Colson Rd, Plant City, FL 33567
4 Beds
4 Baths
4,512 Square Feet
2.60 Acres Lot
Built in 2005
Sale Pending
1 Units
Checked: 14 hours ago
Updated: Jul 25, 2025 at 07:04AM

Investment Summary


Monthly Cash Flow
-$1,417
Cap Rate
4.4%
Cash-on-Cash Return
-7.6%
Debt Coverage Ratio
0.72
Internal Rate of Return (5 years)
-3.4%

Property Description


2.60 Acres Lot
Built in 2005
Sale Pending
1 Units

Under contract-accepting backup offers. WOW what a home! Custom Built Estate Featuring 4 bedrooms, 4 Bathrooms, 3 Car Garage, plus Great Room, Formal Living, Formal Dining, Den and Game/Bonus Room, Pool and Spa on a Premium, Privately Gated 2.6 Acre Lot MOL! ***** Updates and Highlights Include: New Roof (2020), 2 New HVAC’s (2020), New Windows in the Front of the house (2021) and Updated Outdoor Kitchen with Propane (2021), No HOA or CDD, Manicured Lawns, Gated Entrance and more! This custom well cared for one-story design is perfect for those who love to entertain with its expansive layout, great room, formal living and dining plus an oversized game/bonus Room, gorgeous pool and outdoor patio! The dramatic foyer, dining room, living room and grand room feature soaring ceilings while the gourmet kitchen includes an over-sized island, abundance of cabinets that wrap around the room, a large comfortable dining area and tons of counter space! The luxurious owner's retreat with enormous custom closet and bathroom is located on one side of the home while the secondary bedrooms and bonus room are across the home for a perfect split-floorplan! The Expansive outdoor living area includes a Covered Lanai, Screened-In Pool and Spa overlooking the tranquil 2.6 acres MOL! ***** This newer home features: over 4,500 square feet, Double Door entry to a soaring High Foyer, Hard Wood Floors with Porcelain Tile inlay, Stately Columns, laminate wood flooring in Bedrooms, Warm Neutral Colors, ceilings with recessed lighting and custom ceiling fans and fixtures, gourmet kitchen with granite counters, custom kitchen cabinets, built-ins and plant shelves, one of the largest owners suite ever with tray ceilings, bathroom with dual sinks, soaking tub, walk-in dual shower and walk in custom closet! Outside is just as impressive with its custom screened in pool and spa, pavers throughout and overlooking the tranquil fenced in 2.6 acres MOL! This an Amazing Place to call Home! Located off CR-39 just north of Hwy 60 this home provides easy access to I-4 and all of the shopping, dining and entertainment of nearby Tampa and Orlando! Call today for more details. ***** Watch a video on this home here —> https://www.aryeo.com/v2/3a93c07b-21c3-4041-adfc-f4aaa5318418/videos/167728

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 4
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: U222922ZZZ000005039400
  • Lot Size: 113256 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2005

Tax Information

  • Annual Tax: $7,584

Utilities

  • Water & Sewer: Private, Well
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Carlos Pinedo
THE REALTY GROUP LLC
(813) 659-5395

Source:
Stellar MLS
MLS#: TB8398205
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,417
Cap Rate
4.4%
Cash-on-Cash Return
-7.6%
Debt Coverage Ratio
0.72
Internal Rate of Return (5 years)
-3.4%

Purchase Details

Find an Agent

Purchase price:
$975,000
Amount financed:
-$780,000
Down payment:
$195,000
Closing costs:
$29,250
Rehab costs:
$0
Initial cash invested:
$224,250
Square feet:
4,512
Cost per square foot:
$216
Monthly rent per square foot:
$1.35

Financing Details

Find a Lender

Loan amount:
$780,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$4,994
Property tax:
$632
Insurance:
$427
Private mortgage insurance (PMI):
$0
Monthly payment:
$6,053

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$6,100 $73,200
Vacancy loss: (6%)
6% -$366 -$4,392
Operating income:
$5,734 $68,808

Operating Expenses


% Rent Monthly Yearly
Property taxes: (10%)
10%-$632-$7,585
Insurance: (7%)
7%-$427-$5,124
Property management: (8%)
8%-$488-$5,856
Repairs & maintenance: (5%)
5%-$305-$3,660
Capital expenditures: (5%)
5%-$305-$3,660
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (35%)
35%-$2,157-$25,885

Cash Flow


Monthly Yearly
Net operating income:
$3,577 $42,924
Mortgage payments:
-$4,994 -$59,928
Cash flow:
$1,417 $17,004