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$460,000

Sale Pending
2815 Kebs Ln, Plant City, FL 33565
3 Beds
2 Baths
2,002 Square Feet
1.11 Acres Lot
Built in 1993
Sale Pending
1 Units
Checked: 14 hours ago
Updated: Jul 01, 2025 at 03:49AM

Investment Summary


Monthly Cash Flow
-$604
Cap Rate
4.6%
Cash-on-Cash Return
-6.9%
Debt Coverage Ratio
0.74
Internal Rate of Return (5 years)
-2.6%

Property Description


1.11 Acres Lot
Built in 1993
Sale Pending
1 Units

Under contract-accepting backup offers. Country Roads Take You Home! Nestled on a quiet private road, this charming 3-bedroom, 2-bath home offers the perfect blend of country living and comfort. Situated on a spacious 1.11-acre lot, this 2,001 sq. ft. residence provides plenty of room to breathe, grow, and enjoy the peaceful surroundings. Step inside to a welcoming formal living and dining room combination, ideal for entertaining or relaxing evenings. The kitchen comes fully equipped with all appliances, a closet pantry, a built-in desk, and a cozy breakfast nook for casual dining. The family room features a warm wood-burning fireplace and elegant French doors that open to a screened lanai, perfect for enjoying Florida’s beautiful weather year-round. The primary suite includes a walk-in closet and a private en suite bathroom, while the additional two bedrooms share a well-appointed second bath. Out back, the fenced yard offers a storage shed, and ample space for a private garden, chickens, or simply enjoying the outdoors. With no HOA and a side-entry garage, you’ll enjoy both freedom and functionality. If you’re looking for a peaceful retreat with room to roam, this is the one. Come see what country living is all about!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

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

Land Information

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

Lot Information

  • Parcel ID: U1028229L9000000000020
  • Lot Size: 48352 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1993

Tax Information

  • Annual Tax: $2,165

Utilities

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

Location

  • County: Hillsborough

Listing Details


Listed by:
Kelley Blackburn
COLDWELL BANKER REALTY
(813) 478-0023

Source:
Stellar MLS
MLS#: L4953938
Stellar MLS

Investment Summary


Monthly Cash Flow
-$604
Cap Rate
4.6%
Cash-on-Cash Return
-6.9%
Debt Coverage Ratio
0.74
Internal Rate of Return (5 years)
-2.6%

Purchase Details

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Purchase price:
$460,000
Amount financed:
-$368,000
Down payment:
$92,000
Closing costs:
$13,800
Rehab costs:
$0
Initial cash invested:
$105,800
Square feet:
2,002
Cost per square foot:
$230
Monthly rent per square foot:
$1.40

Financing Details

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Loan amount:
$368,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,356
Property tax:
$180
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,732

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (6%)
6%-$180-$2,165
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (31%)
31%-$880-$10,565

Cash Flow


Monthly Yearly
Net operating income:
$1,752 $21,024
Mortgage payments:
-$2,356 -$28,272
Cash flow:
$604 $7,248