Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1509 Dawley Ct Brandon, FL 33511

3 Beds 2 Baths 2,034 sqft Built 1992

$294,900

List Price

$1,770

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $144.99
  • 7 Days on Market
  • MLS # : T3285485
  • Updated Date : 01/23/2021 at 07:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,034 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

SPECTACULAR HOME WITH FABULOUS OUTDOOR RETREAT COMPLETELY PRIVATE AND GREAT FOR FAMILY GATHERINGS! THIS HOME FEATURES SPACIOUS LIVING ROOM AND DINING ROOM, AMAZING KITCHEN WITH QUARTZ COUNTERS, BACKSPLASH, BUILT-IN WINE RACK, UPGRADED CABINETS, BACKSPLASH, S/S APPLIANCES AND CENTER ISLAND OVERLOOKING FAMILY ROOM. MASTER SUITE HAS WALK-IN CLOSET, MASTER BATH WITH WALK-IN SHOWER AND DUAL VANITY. THERE ARE TWO ADDITIONAL BEDROOMS AND 2ND FULL BATH. PLANTATION SHUTTERS THROUGHOUT MOST OF THE HOME AND VAULTED CEILINGS. JUST OFF THE KITCHEN YOU WILL STEP INTO THE WONDERFUL FLORIDA ROOM WHICH IS SURROUNDED BY WINDOWS ALLOWING FOR PLENTY OF NATURAL LIGHT. WALK THRU THE FRENCH DOORS INTO THE AMAZING EXTENDED COVERED LANAI AND SCREENED-IN PATIO WITH PAVERS, PLANT SHELVES AND PLENTY OF SPACE TO LOUNGE, RELAX AND ENJOY! LOCATED WITHIN MINUTES TO BRANDON MALL, SHOPS, I75, SELMON EXPWY. EASY COMMUTE TO DOWNTOWN TAMPA,MACDILL AFB AND TPA. NO CDD FEES!

SEE MORE

MARKET HIGHLIGHTS

  • Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
  • Headquarters to several Fortune 1000 companies: Publix Super Markets, Tech Data, Jabil Circuit, WellCare Health Plans, Raymond James Financial, Bloomin’ Brands, HSN, and TECO Energy (Fortune, 2018)
  • #8 in America's Fastest Growing Cities (Forbes, 2018)
  • Tampa metro employment growth is at 2.6% and predicted to grow at 2.1% in 2019 (USMayors.org, 2018)
  • One of the best cost-friendly American cities to do business (KPMG)
  • Tampa metro contributes to 15.4% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
  • #2 in Homebuilding Prospects #10 in Overall Real Estate Prospects (Emerging Trends in Real Estate 2019, PWC)
  • 2nd Best City for Young Entrepreneurs (Forbes)
  • Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Tampa inherits the rank being part of Florida.

PRICE & RENT TRENDS

Neighborhood: Providence Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k253k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Providence Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8781628

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Mintz Elementary School Primary Regular 865 64 6
Mclane Middle School Middle Regular 756 61 2
Riverview High School High Regular 2,387 128 6

Mintz Elementary School

  • Education Level: Primary
  • # of students: 865
  • # of teachers: 64
6
GreatSchools Rating

Mclane Middle School

  • Education Level: Middle
  • # of students: 756
  • # of teachers: 61
2
GreatSchools Rating

Riverview High School

  • Education Level: High
  • # of students: 2,387
  • # of teachers: 128
6
GreatSchools Rating
 

$265,410$324,390$294,900

PURCHASE PRICE

$1,593$1,947$1,770

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,770
EXPENSES Loan Payment -$1,024
Property Tax -$375
Property Insurance -$155
HOA -$32
Property Management Fees -$129
CASH FLOW
$55

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$294,900

PROJECTED PRICE

$1,770

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 7.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.27%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,899

INVESTMENT

$83,899

Down Payment
$73,725
Rehab Estimate
$5,750
Closing Costs
$4,424

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,024

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,725
Loan Amount $221,175
See What Happens When You Reinvest Cash Flow

7.25

YEARS SAVED

$25,708

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,770

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,831

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,7503$1,7704$1,9005$1,925
$1,925
RENT COMPS ANALYSIS
  • 1509 Dawley Ct Brandon, FL 3
    • 3 beds 2 baths ∙ 2,034 Sqft ∙ Built 1992 3 beds 2 baths ∙ 2,034 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $1,770
    • $0.87
    •  
  • 1346 Hatcher Loop Dr Brandon, FL 1
    • 4 beds 2 baths ∙ 1,906 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,906 Sqft ∙ Built 1998
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.87
    •  
  • 1607 Scotch Pine Dr Brandon, FL 2
    • 4 beds 2 baths ∙ 2,005 Sqft ∙ Built 1996 4 beds 2 baths ∙ 2,005 Sqft ∙ Built 1996
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.87
    •  
  • 1520 Attleboro Ln Brandon, FL 4
    • 4 beds 2 baths ∙ 2,040 Sqft ∙ Built 1988 4 beds 2 baths ∙ 2,040 Sqft ∙ Built 1988
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.93
    •  
  • 1514 Attleboro Ln Brandon, FL 5
    • 4 beds 2 baths ∙ 2,080 Sqft ∙ Built 1989 4 beds 2 baths ∙ 2,080 Sqft ∙ Built 1989
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $0.93
    •  
PROPERTY LISTING DETAILS
Arveny Vidal Rodriguez Llc
1.908.500.3578
Keller Williams Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3285485
Last Updated: 01/23/2021
BESbswy