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$515,000

For Sale - Active
3411 Knoxville Pl, Plant City, FL 33566
3 Beds
2 Baths
2,132 Square Feet
1.01 Acres Lot
Built in 2013
For Sale - Active
1 Units
Checked: 14 hours ago
Updated: Jul 31, 2025 at 06:17AM

Investment Summary


Monthly Cash Flow
-$1,033
Cap Rate
3.7%
Cash-on-Cash Return
-10.5%
Debt Coverage Ratio
0.61
Internal Rate of Return (5 years)
-6.1%

Property Description


1.01 Acres Lot
Built in 2013
For Sale - Active
1 Units

Welcome home to this immaculate, move in ready home on ONE acre. As you enter the home, you will fall in love with the open floor plan and beautiful hard wood flooring. This home features three bedrooms, two bathrooms, plus a den/office space. This home boasts plenty of dining options, with a formal dining room, a breakfast nook, and additional seating at the bar in the kitchen. The primary suite is spacious with a large walk in closet, and a roomy en-suite bathroom, complete with dual sinks, a shower, and a relaxing garden tub. On the opposite side of the home, there are two additional bedrooms, each with plenty of closet space, and an additional bathroom. This property is located on a quiet, cul-de-sac street, but still in close proximity to restaurants and shopping. Don't miss out on this home, call and schedule your showing today!

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Location


Property Details


Parking

  • Description: Driveway, Garage Door Opener
  • 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: 9
  • # of Stories: 1

Exterior Features

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

HOA

  • Has HOA: Yes
  • Association: Kimber Cromer
  • HOA Fee: $250/quarterly

Land Information

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

Lot Information

  • Parcel ID: U1229229RM000000000120
  • Lot Size: 43996 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2013

Tax Information

  • Annual Tax: $3,755

Utilities

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

Location

  • County: Hillsborough

Listing Details


Listed by:
Shanon Schulte
SK REALTY
(813) 759-3207

Source:
Stellar MLS
MLS#: TB8395566
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,033
Cap Rate
3.7%
Cash-on-Cash Return
-10.5%
Debt Coverage Ratio
0.61
Internal Rate of Return (5 years)
-6.1%

Purchase Details

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Purchase price:
$515,000
Amount financed:
-$412,000
Down payment:
$103,000
Closing costs:
$15,450
Rehab costs:
$0
Initial cash invested:
$118,450
Square feet:
2,132
Cost per square foot:
$242
Monthly rent per square foot:
$1.36

Financing Details

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Loan amount:
$412,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,638
Property tax:
$313
Insurance:
$203
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,154

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,900 $34,800
Vacancy loss: (6%)
6% -$174 -$2,088
Operating income:
$2,726 $32,712

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$313-$3,755
Insurance: (7%)
7%-$203-$2,436
Property management: (8%)
8%-$232-$2,784
Repairs & maintenance: (5%)
5%-$145-$1,740
Capital expenditures: (5%)
5%-$145-$1,740
HOA fees: (3%)
3%-$83-$996
Total operating expenses: (39%)
39%-$1,121-$13,451

Cash Flow


Monthly Yearly
Net operating income:
$1,605 $19,260
Mortgage payments:
-$2,638 -$31,656
Cash flow:
$1,033 $12,396