$1,275,000
Investment Summary
- Monthly Cash Flow
- -$2,491
- Cap Rate
- 3.8%
- Cash-on-Cash Return
- -10.2%
- Debt Coverage Ratio
- 0.62
- Internal Rate of Return (5 years)
- -5.9%
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
PRICE ADJUSTMENT! Welcome to a rare offering in the incredible, GATED community of Sanctuary on Livingston on a 1.04 ACRE ESTATE SIZE LOT and a BRAND NEW ROOF— a serene, gated enclave in the Greater Tampa area known for its sprawling custom estates, native wildlife, and peaceful, natural surroundings. Set on a meticulously landscaped lot, this elegant 4-bedroom, 3-bathroom residence offers a true backyard sanctuary, where lush gardens, tropical foliage, and tranquil outdoor living spaces create an unparalleled sense of escape. From the moment you arrive, the curb appeal is undeniable. An oversized paver driveway leads to grand double glass doors that open into a gracious foyer. Inside, you’ll find refined living spaces designed for both comfort and sophistication. The formal living room, anchored by a gas fireplace, offers a serene view through sliding doors to the screened lanai and breathtaking backyard — a private retreat perfect for morning coffee or sunset relaxation. The primary suite is a luxurious haven, featuring a spacious sitting area, motorized blackout shades, private lanai access, and an expansive custom walk-in closet complete with an island and built-in storage. The spa-like ensuite bath includes dual vanities, a walk-in shower, and generous linen storage. At the heart of the home is a well-appointed chef’s kitchen with solid cherry wood cabinetry, Corian countertops, double ovens, two sinks with disposals, a center island with vegetable sink, tumbled marble backsplash, and upgraded appliances — including a newer refrigerator and reverse osmosis system. A large breakfast nook overlooks the pool and garden, while the adjacent formal dining room sets the stage for memorable gatherings. The split floor plan offers exceptional privacy. On one side, two guest bedrooms share a full bath, each with new carpet and spacious closets. A separate wing includes a guest suite with full bath and a versatile bonus room — ideal for a home gym or additional living space — with direct access to the screened pool area. Outdoors, the oversized lanai wraps around the heated saltwater pool, where an electric awning extends shade over your private paradise. The fully fenced backyard is a landscaped masterpiece, featuring tropical plantings, mature trees, and tranquil sitting areas — a true garden oasis that stretches to the edge of the property. Additional features include a dedicated home office with built-ins, a secondary office or craft space, a spacious laundry room, and a 3-car garage with a climate-controlled 15x21 flex room — perfect for a workshop, home business, or storage. Practical upgrades abound: a full-house generator, water softener, 250-gallon propane tank, two tankless water heaters, two HVAC systems, and low HOA dues with no CDD or flood insurance required. Conveniently located near I-75 and I-275, and just minutes from Wiregrass Mall, Tampa Premium Outlets, and the new Publix, this home offers luxury, privacy, and everyday convenience in one of Tampa Bay’s most sought-after neighborhoods. This one-of-a-kind estate is a true sanctuary — schedule your private tour today.
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Location
Property Details
Parking
- Description: Driveway
- Details: Driveway, Garage Door Opener, Oversized, Workshop in Garage, Attached
- Garage Spaces: 3
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Total): 3.0
Interior Features
- # of Rooms: 8
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: Gable or Hip
- Roof Material: Shingle
- Pool: Yes
HOA
- Has HOA: Yes
- Association: Stephanie Tirado
- HOA Fee: $1,706/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: U052719765000000001190
- Lot Size: 45162 sqft
Property Information
- Property Type: Single Family Residence
- Style: Contemporary, Florida, Ranch
- Year Built: 2006
Tax Information
- Annual Tax: $7,773
Utilities
- Water & Sewer: Private, Well
- Heating: Central
- Cooling: Central Air
Location
- County: Hillsborough
Listing Details
Investment Summary
- Monthly Cash Flow
- -$2,491
- Cap Rate
- 3.8%
- Cash-on-Cash Return
- -10.2%
- Debt Coverage Ratio
- 0.62
- Internal Rate of Return (5 years)
- -5.9%
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:
| $1,275,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,020,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $255,000 |
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:
| $38,250 |
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:
| $293,250 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,620 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $276 |
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:
| $1.52 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,020,000 |
|---|---|
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:
| $6,531 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $648 |
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:
| $490 |
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:
| $7,669 |
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:
| $7,000 | $84,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$420 | -$5,040 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $6,580 | $78,960 |
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. | 9% | -$648 | -$7,773 |
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% | -$490 | -$5,880 |
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% | -$560 | -$6,720 |
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% | -$350 | -$4,200 |
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% | -$350 | -$4,200 |
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. | 2% | -$142 | -$1,704 |
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 | 36% | -$2,540 | -$30,477 |
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:
| $4,040 | $48,480 |
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. | -$6,531 | -$78,372 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $2,491 | $29,892 |