$3,400,000
Investment Summary
- Monthly Cash Flow
- -$17,696
- Cap Rate
- -0.1%
- Cash-on-Cash Return
- -27.2%
- Debt Coverage Ratio
- -0.02
- Internal Rate of Return (5 years)
- -22.2%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Welcome to 12125 Stonelake Ranch Blvd., a luxurious lakefront estate where elegance meets resort-style living. Located in the exclusive, gated community of Stonelake Ranch on the shores of Lake Thonotosassa, this custom-designed residence boasts over 7,000 sq ft of living space, offering 5 spacious bedrooms, 5+ bathrooms, and an unmatched collection of luxury amenities. The kitchen, with its high-end appliances, will be the envy of any gourmet chef. The large primary wing features a large bedroom with its own sitting area with plenty of room for relaxing and taking in the beautiful views of the pool and the lake in the back, with plenty of closet space and magnificent tub and shower areas. You can enjoy a private full-size home gym, relaxing sauna, billiards and game room, and your own climate-controlled wine cellar. A private elevator ensures convenience across all levels of the home, while expansive living areas and soaring ceilings create a grand yet comfortable feel. Designed for entertaining and everyday luxury, the home features high-end finishes, stunning architectural details, and breathtaking views. The oversized lot offers both privacy and access to the lake, making it a rare find in one of Tampa Bay's most prestigious communities. About Stonelake Ranch: Stonelake Ranch offers over 10,000 feet of waterfront property along the eastern shores of 880-acre Lake Thonotosassa. This Tampa lakefront community offers an abundance of activities and amenities sure to please even the most discerning of tastes. Here you will find the finest in Tampa lakefront living, with lakefront and lake view home sites, private docks and boating access. This private countryside is a world away from city life, yet a mere 20 minutes east of metropolitan Tampa. Towering stands of oak, magnolia, hickory, citrus and palm trees populate densely wooded areas, while open fields, diverse woodlands, winding creeks, and an island avian sanctuary provide refuge to native birdlife like ibis and spoonbills. For the boating or fishing enthusiast, Lake Thonotosassa is a secluded sporting ground with very limited public access. There will be days that you will have the lake all to yourself. For those who prefer to enjoy their free time on land walking, jogging, biking or horse-riding, Stonelake Ranch boasts 240 lush acres of common area and an extensive trail system that winds throughout the community. No matter where you roam on the pristine acreage of Stonelake Ranch there will be wide open spaces and awe inspiring views. And with only 160 home sites, spread over 685 acres, you are sure to always feel a sense of privacy and tranquility in this unique Tampa lakefront community surrounded by cool waters and endless sky. Convenient access to I-75 and I-4 make traveling in any direction easy. Live the lifestyle you've earned! This is Stonelake Ranch. Call today to schedule your private tour of this magnificent home!
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Location
Property Details
Parking
- Description: Circular Driveway, Garage Door Opener, Oversized
- Details: Circular Driveway, Garage Door Opener, Oversized, Attached
- Garage Spaces: 4
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Full): 5
- # of Baths (Total): 6.0
Interior Features
- # of Rooms: 12
- # of Stories: 2
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: Gable or Hip
- Roof Material: Tile
- Pool: Yes
HOA
- Has HOA: Yes
- Association: Matt McCartney
- HOA Fee: $2,383/quarterly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: U11282075S000000000310
- Lot Size: 91864 sqft
Property Information
- Property Type: Single Family Residence
- Style: Mediterranean
- Year Built: 2008
Tax Information
- Annual Tax: $27,778
Utilities
- Water & Sewer: Private, Well
- Heating: Central
- Cooling: Central Air
Location
- County: Hillsborough
Listing Details
Investment Summary
- Monthly Cash Flow
- -$17,696
- Cap Rate
- -0.1%
- Cash-on-Cash Return
- -27.2%
- Debt Coverage Ratio
- -0.02
- Internal Rate of Return (5 years)
- -22.2%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $3,400,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,720,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $680,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $102,000 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $782,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 7,098 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $479 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $0.58 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $2,720,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.625% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $17,416 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,315 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $287 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $20,018 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $4,100 | $49,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$246 | -$2,952 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,854 | $46,248 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 56% | -$2,315 | -$27,778 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$287 | -$3,444 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$328 | -$3,936 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$205 | -$2,460 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$205 | -$2,460 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | 19% | -$794 | -$9,528 |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 101% | -$4,134 | -$49,606 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| -$280 | -$3,360 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$17,416 | -$208,992 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $17,696 | $212,352 |