$1,340,000
Investment Summary
- Monthly Cash Flow
- -$4,546
- Cap Rate
- 2.1%
- Cash-on-Cash Return
- -17.7%
- Debt Coverage Ratio
- 0.34
- Internal Rate of Return (5 years)
- -13.1%
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
Refined elegance meets timeless craftsmanship in this architecturally distinguished estate, tucked behind the gates of the coveted Grand Hampton community. Designed and built by Taylor Morrison, this masterfully curated residence offers an exceptional blend of sophistication and comfort—boasting 4,896 Sq-ft, 4 spacious bedrooms, 4 full bathrooms, a private office, bonus room, and a rare 4-car garage. From the moment you arrive, the home's commanding curb appeal sets the tone—lush, upgraded landscaping, dramatic outdoor lighting, and an oversized paver driveway lead to stately glass double doors. Inside, a grand chandelier anchors the foyer, while natural light cascades throughout, highlighting the polished tile floors that flow seamlessly across the main living areas. To the left, the executive office is appointed with elegant plantation shutters and architectural detail. To the right, a formal dining room exudes luxury with tray ceilings and refined millwork—perfect for upscale entertaining. Continue into the first living room where stacker sliding glass doors offer a sweeping, panoramic view of the pond and surrounding conservation area. Adjacent, the first full bathroom—conveniently serving as a pool bath—features a sleek glass walk-in shower and modern finishes. Beyond, French doors open to a private foyer with a lighted niche, leading to the exquisite primary suite. Designed for indulgence, the primary bedroom boasts double tray ceilings, dual walk-in closets, serene pond and conservation views, and direct access to the outdoor retreat. The spa-inspired en-suite bath includes dual vanities, a deep soaking garden tub, and a glass walk-in shower with a built-in bench. Off the living room, the dinette area is surrounded by bay windows, framing peaceful backyard vistas. The gourmet kitchen is a culinary showpiece—featuring upgraded solid wood cabinetry, shimmering quartz countertops, high-end stainless steel appliances, a gas cooktop, and an oversized pantry—all overlooking the second living area, complete with an entertainment niche, built-in surround sound system, and another set of stacker sliding glass doors to the lanai. The bonus room provides endless flexibility—ideal as a gym with stunning views of the pond. Nearby, the expansive laundry room offers abundant cabinetry, generous countertop space, and a deep utility sink—combining practicality with design. Upstairs, discover Bedrooms Two and Three, each with ample closet space, served by two additional full bathrooms. Bedroom Four—the largest of all secondary rooms—offers comfort and versatility for guests. Step into your private outdoor sanctuary—an exquisite retreat thoughtfully crafted for both relaxation and entertaining. The fully screened lanai showcases a heated saltwater pool with a self-cleaning system, elegant decorative jets, and ambient lighting that transforms the space from day to night. Multiple seating areas invite gatherings, quiet mornings, or alfresco dining under the Florida sky. With uninterrupted views of the tranquil pond and lush conservation area, and no rear neighbors in sight, this outdoor haven offers the ultimate in privacy and natural beauty. Situated within Grand Hampton’s resort-style, guard-gated community, residents enjoy access to a luxurious clubhouse, pools, tennis courts, fitness center, playgrounds, and scenic walking trails. This remarkable home is not just a residence—it’s a statement of style, serenity, and elevated living.
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Location
Property Details
Parking
- Description: Garage
- Details: Driveway, Garage Door Opener, Oversized, Attached
- Garage Spaces: 4
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 4
- # of Baths (Total): 4.0
Interior Features
- # of Rooms: 12
- # of Stories: 2
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: Gable or Hip
- Roof Material: Tile
- Pool: Yes
HOA
- Has HOA: Yes
- Association: Melrose Management-Chris Haines
- HOA Fee: $582/quarterly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: A02271971X000007000130
- Lot Size: 11757 sqft
Property Information
- Property Type: Single Family Residence
- Style: Contemporary
- Year Built: 2006
Tax Information
- Annual Tax: $10,426
Utilities
- Water & Sewer: Public
- Heating: Central, Electric
- Cooling: Central Air
Location
- County: Hillsborough
Listing Details
Investment Summary
- Monthly Cash Flow
- -$4,546
- Cap Rate
- 2.1%
- Cash-on-Cash Return
- -17.7%
- Debt Coverage Ratio
- 0.34
- Internal Rate of Return (5 years)
- -13.1%
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:
| $1,340,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,072,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $268,000 |
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:
| $40,200 |
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:
| $308,200 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,896 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $274 |
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:
| $1.00 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,072,000 |
|---|---|
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:
| $6,864 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $869 |
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:
| $343 |
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:
| $8,076 |
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:
| $4,900 | $58,800 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$294 | -$3,528 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $4,606 | $55,272 |
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. | 18% | -$869 | -$10,426 |
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% | -$343 | -$4,116 |
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% | -$392 | -$4,704 |
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% | -$245 | -$2,940 |
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% | -$245 | -$2,940 |
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. | 4% | -$194 | -$2,328 |
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 | 47% | -$2,288 | -$27,454 |
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:
| $2,318 | $27,816 |
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. | -$6,864 | -$82,368 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $4,546 | $54,552 |