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15876 High Bell Pl Bradenton, FL 34212

4 Beds 2 Baths 1,846 sqft Built 2015

$299,000

List Price

$2,130

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $161.97
  • 2 Days on Market
  • MLS # : A4488067
  • Updated Date : 01/10/2021 at 01:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,846 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

No CDD! Low HOA! This beautiful one story and 4 bedrooms home, two bathrooms, in a Cul de Sac, is waiting for you in one of DR Horton’s most desirable communities: Del Tierra. This “Cali” model offers an open floor plan concept design and 8’ 8” ceilings enhance the wonderful feel of this home. The dining room and living room, both, overlooking the covered lanai that is a great area for relaxing and dining al fresco and opens to a nice and large backyard that faces west for beautiful FL sunset. A new front screen door allows you to enjoy the stream of fresh air and nice weather by also opening the sliding door at the lanai. Retire to your wonderful master bedroom suite, located at the back of the home for privacy, and includes an in-suite bathroom with dual sinks, a big walking closet. Three other bedrooms share a second bathroom. The kitchen includes a large island perfect for bar-style eating or entertaining, a walk-in pantry, and plenty of cabinets and counter space. This well-appointed kitchen comes with all the basic appliances. You will find ceiling fans in each of the rooms of the house. Gutters were recently installed throughout the house. The two-car garage has an upgraded overhead storage rack. DEL TIERRA amenities include • Large clubhouse w/ outdoor wet bar, covered seating, & poolside loungers • Resort-style pool with zero entry & splash zone • State of the art Fitness Center, • Multiple playgrounds w/ swings, slides, ten-spin, climbing wall, & large sand play area • Outdoor game areas including 16,000 sq. ft. playfield • Covered picnic pavilion with outdoor grill • Walking/biking trails along main boulevard • Gated community entry and private roads • HIGHLY- RATED "A" SCHOOL DISTRICT • Palm trees & professionally landscaped common areas •Conveniently located near PUBLIX grocery, COSTCO, shopping, restaurants, easy Hwy I-75 access & Florida's best beaches! DEL TIERRA is a wonderful place to live, retire, or raise a family!

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • 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)

PRICE & RENT TRENDS

Zip Code: 34212

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400kPrice in $112k431k

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

Zip Code: 34212

ZipNIR Market*CityMarket20102015Year20082019 Q214001600180020002200240026002800Rent in $12942915

* 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
Witt Elementary School Primary Regular 690 38 9
Haile Middle School Middle Regular 1,068 56 6
Lakewood Ranch High School High Regular 2,299 95 7

Witt Elementary School

  • Education Level: Primary
  • # of students: 690
  • # of teachers: 38
9
GreatSchools Rating

Haile Middle School

  • Education Level: Middle
  • # of students: 1,068
  • # of teachers: 56
6
GreatSchools Rating

Lakewood Ranch High School

  • Education Level: High
  • # of students: 2,299
  • # of teachers: 95
7
GreatSchools Rating
 

$269,100$328,900$299,000

PURCHASE PRICE

$1,917$2,343$2,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,130
EXPENSES Loan Payment -$1,039
Property Tax -$329
Property Insurance -$149
HOA -$125
Property Management Fees -$129
CASH FLOW
$359

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$299,000

PROJECTED PRICE

$2,130

PROJECTED RENT

0.71%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.34%
Appreciation Year (1-5) 3.8%
Maintenance Year (1-5) 8.00%
Vacancy 3.70%
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$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$84,985

INVESTMENT

$84,985

Down Payment
$74,750
Rehab Estimate
$5,750
Closing Costs
$4,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$1,039

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,750
Loan Amount $224,250
See What Happens When You Reinvest Cash Flow

11.67

YEARS SAVED

$54,434

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,130

    LIST RENT
  • $1.15

    LIST RENT PER SQFT
  • $2,109

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$1,850
1$1,8502$1,9953$2,1304$2,2005$2,200
$2,200
RENT COMPS ANALYSIS
  • 15876 High Bell Pl Bradenton, FL 3
    • 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $2,130
    • $1.15
    •  
  • 15517 Rose Grove Dr Bradenton, FL 1
    • 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 2015
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.11
    •  
  • 15722 High Bell Pl Bradenton, FL 2
    • 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2016 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2016
    LEASED 02/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.08
    •  
  • 15769 High Bell Pl Bradenton, FL 4
    • 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2015
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.19
    •  
  • 15714 High Bell Pl Bradenton, FL 5
    • 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,846 Sqft ∙ Built 2017
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.19
    •  
PROPERTY LISTING DETAILS
Sergio Esteva
1.954.299.2023
Coldwell Banker Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: A4488067
Last Updated: 01/10/2021
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