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$299,900

Sale Pending
4035 Radiant Mountain Dr, Plant City, FL 33565
3 Beds
2 Baths
1,461 Square Feet
0.12 Acres Lot
Built in 2024
Sale Pending
Units n/a
Checked: 14 hours ago
Updated: Jul 26, 2025 at 05:35AM

Investment Summary


Monthly Cash Flow
-$53
Cap Rate
5.9%
Cash-on-Cash Return
-0.9%
Debt Coverage Ratio
0.97
Internal Rate of Return (5 years)
3.1%

Property Description


0.12 Acres Lot
Built in 2024
Sale Pending
Units n/a

PRICE REDUCED!!! GREAT PRICE $299,900!! This stunning 2024 single-story home offers 3 bedrooms, 2 bathrooms, and 1,861 sq ft of open living space. Enjoy a modern layout where the kitchen, dining, and family room seamlessly flow together perfect for entertaining or everyday living. The spacious owner's suite features a private bathroom and walk-in closet, while two additional bedrooms provide comfort and flexibility for family or guests. This home includes CEILING FANS REMOTE CONTROL FAN/LIGHT in all bedrooms, 72' CEILING FAN IN LIVING ROOM W/REMOTE, UPGRADED LIGHTING, a GARAGE DOOR OPENER, and a FENCED-IN yard for added privacy. Park East is a vibrant master-planned community featuring top-tier amenities including a pool, cabana, and a fully equipped playground. Conveniently located near McCall Park, BayCare South Florida Baptist Hospital, and Plant City Stadium, you’ll enjoy easy access to recreation, healthcare, and entertainment. Call for your private showing!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Garage Door Opener, 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: 6

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: Park East of Hillsborough County Community
  • HOA Fee: $97/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Planned Unit Development

Lot Information

  • Parcel ID: P102822D3D000000002340
  • Lot Size: 5286 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Contemporary
  • Year Built: 2024

Tax Information

  • Annual Tax: $5,286

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Tomi Miller-Troupe
COLDWELL BANKER REALTY
(863) 287-0231

Source:
Stellar MLS
MLS#: L4953430
Stellar MLS

Investment Summary


Monthly Cash Flow
-$53
Cap Rate
5.9%
Cash-on-Cash Return
-0.9%
Debt Coverage Ratio
0.97
Internal Rate of Return (5 years)
3.1%

Purchase Details

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Purchase price:
$299,900
Amount financed:
-$239,920
Down payment:
$59,980
Closing costs:
$8,997
Rehab costs:
$0
Initial cash invested:
$68,977
Square feet:
1,461
Cost per square foot:
$205
Monthly rent per square foot:
$1.92

Financing Details

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Loan amount:
$239,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,536
Property tax:
$441
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,173

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: (16%)
16%-$441-$5,286
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: (0%)
0%-$8-$96
Total operating expenses: (41%)
41%-$1,149-$13,782

Cash Flow


Monthly Yearly
Net operating income:
$1,483 $17,796
Mortgage payments:
-$1,536 -$18,432
Cash flow:
$53 $636