Rank #8Single Family HomeCash Flow: $2,107/mo

4 bed / 3 bath · Land O Lakes

Land O Lakes, FL 34637 · Address on request · Land O Lakes

Some photos have been virtually staged. Welcome to , a beautifully maintained 4-bedroom, 2.5-bath home offering nearly 2,800 square feet of thoughtfully designed living space on an oversized 0.23-acre corner lot in the highly sought-after Connerton community of Land O’ Lakes. Built in 2020, this spacious home offers the flexibility today's buyers are looking for, including a large dedicated office on the first floor that is perfect for working from home, a study, or a versatile flex space. Fresh interior paint and professionally cleaned floors create a bright, clean, move-in-ready feel from the moment you walk through the door. The heart of the home features an open-concept kitchen, dining area, and family room, creating an ideal space for entertaining, family gatherings, or everyday living. The kitchen offers abundant white cabinetry, a large center island, and generous counter space and storage. Upstairs, you'll find four spacious bedrooms plus a large loft that provides an additional living area with endless possibilities. Use it as a media room, game room, playroom, home gym, or second family room. The expansive primary suite offers plenty of room to unwind and features a private bath with dual vanities, a separate walk-in shower, soaking tub, large walk-in closet, and convenient access to the laundry room. Outside is where this property truly stands apart. Situated on an oversized corner homesite, the approximately 0.23-acre lot provides a larger sense of space and plenty of room to create the outdoor living area you've been looking for. Enjoy the large backyard, covered rear patio, and beautifully landscaped front yard. Professionally installed landscape lighting adds an especially impressive touch in the evening, highlighting the home's curb appeal after sunset. Additional features include recessed lighting, crown molding, tile flooring throughout the main living areas, neutral interior finishes, an attached two-car garage, and a spacious layout designed to grow with you. And then there's the Connerton lifestyle. Residents enjoy resort-style amenities including a swimming pool, fitness center, clubhouse, splash and water-play areas, sports courts, and miles of walking and recreational trails. With nearly 2,800 square feet, four bedrooms, a first-floor office, an oversized corner lot, a large upstairs loft, and an exceptional community amenity package, offers the space and lifestyle that are increasingly hard to find. This is a home that needs to be seen in person to truly appreciate everything it has to offer

Ask: $390,000
Offer: $387,000
Rent: $3,318/mo
Cash flow: $2,107/mo
After debt (50% dn): $820/mo
Mortgage (50% dn): $1,287/mo
Tax: $799/mo
HOA: $87/mo
Insurance: $325/mo
Beds / baths: 4 / 3
Sqft: 2,784
Year built: 2020
Lot: 10,016 sqft

Money Models

Summary of the various models

These numbers use a simple setup: you put half the price down and keep the property for 10 years. Each card is a different guess about how fast prices rise.

Cash left each month (half down)

$820/mo

Rent minus taxes, HOA, insurance, and the mortgage. That’s about 5.1% a year on the money you put in.

If you pay all cash

$2,107/mo

No mortgage payment. About 6.5% a year on the full purchase price.

Like the last 10 years

Uses how fast this type of property grew in Tampa over the past 10 years.

Worth in 10 years: $953,023
Rent leftovers stacked: $98,357
Rent + price growth: $691,833

Slow growth

Assumes prices go up slowly. Safer / more careful guess.

Worth in 10 years: $495,393
Rent leftovers stacked: $98,357
Rent + price growth: $234,203

Normal growth

A middle-of-the-road guess for the next several years.

Worth in 10 years: $600,999
Rent leftovers stacked: $98,357
Rent + price growth: $339,809

Fast growth

Assumes a strong market. Good case, not a promise.

Worth in 10 years: $761,288
Rent leftovers stacked: $98,357
Rent + price growth: $500,097

The sections below let you move the down payment and the years if you want. You already have the picture if you stop here.

Model 1

Cash-on-cash (your yearly paycheck %)

What is this in plain English?

Imagine you put some money down to buy the house. Every month, tenants pay rent. After you pay taxes, HOA, insurance, and the mortgage, whatever cash is left is your “paycheck” from the property.

Cash-on-cash answers: “If I put in $X, what % of that do I get back each year in leftover cash?” Example: put in $100,000 and get $8,000/year left over → 8% cash-on-cash.

Move the slider to change how much you put down (1% = mostly borrowed, 100% = you pay all cash and have no mortgage payment).

If you pay all cash

6.5%

You keep about $2,107/mo every month after bills

With this down payment

5.1%

50% down = $193,500 of your money

Cash left each month

$820/mo

After also paying the $1,287/mo mortgage

How much do you put down?50% · $193,500 · bank loan $193,500

1% down50%100% all cash

Open mortgage calculator with these numbers →

Model 2

Price growth (will the property be worth more?)

What is this in plain English?

Houses (and land) often cost more years later than they do today. That rise in price is called appreciation.

This model guesses: “If prices grow like ___, what is this property worth after 1 to 15 years?” It also tracks how much of the loan you’ve paid off, so you can see your equity (value minus what’s still owed to the bank).

Pick a growth speed below, then slide how many years you plan to hold. These are scenarios — not guarantees.

Tampa–St. Petersburg FHFA HPI (all-transactions). Forward base ≈ long-run metro mean; conservative/optimistic band ±2.5 pts.

Last 1 year avg growth

-0.8% / yr

Last 5 years avg growth

10.3% / yr

Last 10 years avg growth

9.4% / yr

A middle-of-the-road guess for the next several years. Using 4.5% growth per year.

How many years do you keep it?10 years

1 yr8 yr15 yr

Estimated value then

$600,999

Your equity

$434,952

Still owe bank $166,047

Profit vs cash you put in

$339,809

Includes rent leftover + price growth

Avg return per year

10.7%

2.76× your cash back

Recent yearly price changes · Single-family (SFH)

Model 3

Total return (rent + price growth together)

What is this in plain English?

Real estate can pay you in two ways at the same time:

Rent leftovers (like a dividend) — cash you collect each year after bills and the mortgage.
Price growth — the property becoming worth more than what you still owe, so your equity grows.

This model adds both over the years you chose above. That combined number is your estimated total return. Uses the same down payment and growth scenario from Models 1 and 2.

From rent (dividends)

$98,357

10 years of leftover cash stacked up

From price growth

$241,452

Equity today minus the cash you put in

Total return

$339,809

On $193,500 cash in · 10.7%/yr avg

Where the money comes from (year 10)

Rent leftoversPrice growth

Year	Rent stacked	Equity gain	Total return	Avg / yr
1	$9,836	$19,381	$29,216	15.1%
2	$19,671	$39,687	$59,358	14.3%
3	$29,507	$60,965	$90,472	13.6%
4	$39,343	$83,261	$122,604	13.1%
5	$49,178	$106,628	$155,806	12.5%
6	$59,014	$131,117	$190,131	12.1%
7	$68,850	$156,783	$225,633	11.7%
8	$78,685	$183,687	$262,372	11.3%
9	$88,521	$211,888	$300,409	11.0%
10	$98,357	$241,452	$339,809	10.7%
11	$108,192	$272,447	$380,640	10.4%
12	$118,028	$304,945	$422,973	10.1%
13	$127,864	$339,021	$466,885	9.9%
14	$137,699	$374,754	$512,453	9.7%
15	$147,535	$412,228	$559,763	9.5%

Tip: change the down-payment slider in Model 1 and the years / growth buttons in Model 2 — this total-return table updates automatically.

Land O Lakes · Greater Tampa