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2628 Brookville Dr 
Valrico, FL
33596
4 Beds 2 Baths 1,745 sqft
Built 2002
INVESTimate
$269,900
List Price
$77,274
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PROPERTY INFO
FACTS
- Built In 2002
- Price/Sqft : $154.67
- 3 Days on Market
- MLS # : T3261188
- Updated Date : 08/25/2020 at 11:25
CONSTRUCTION
- Beds : 4
- Floor Size : 1,745 sqft
- Baths : 2 full
Listing Agent
Offerpad Brokerage
Listing Agent's Description
Vacant! View on your own or check out the virtual tour! Newly refreshed home with new paint inside and outside, new vinyl plank flooring and carpet PLUS NEW ROOF (in process). 2 bedrooms and a den/office are split from the master for privacy. Wide open family room with vaulted ceilings overlook the screened and covered lanai which leads to the fully fenced yard. Kitchen features stainless steel appliances, wood cabinets and a great sized breakfast bar. The master has double French doors leading to the patio, double walk in closets, double sinks, enclosed water closet and separate shower and tub. Make this move in ready home yours today!
SEE MORE
- 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.
- Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Bloomingdale Cove
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Bloomingdale Cove
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,710 |
| EXPENSES | Loan Payment | -$996 |
| Property Tax | -$356 | |
| Property Insurance | -$138 | |
| HOA | -$5 | |
| Property Management Fees | -$80 | |
|
CASH FLOW
$136
|
||
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.
$269,900
PROJECTED PRICE
$1,710
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 8.04% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.26% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$77,274
LOAN DETAILS
$996
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $67,475 |
| Loan Amount | $202,425 |
9.17
YEARS SAVED
$39,369
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,710
LIST RENT -
$0.98
LIST RENT PER SQFT
-
$1,819
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
-
2628 Brookville Dr Valrico, 2
- 3 beds 2 baths ∙ 1,745 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,745 Sqft ∙ Built 2002
![property image]()
- Rent
- Rent Per SQFT
- $1,710
- $0.98
-
4026 Quail Briar Dr Valrico, 1
- 4 beds 3 baths ∙ 1,564 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,564 Sqft ∙ Built 1989
![property image]()
LEASED 10/25/19- Rent
- Rent Per SQFT
- $1,685
- $1.08
-
2526 Siena Way Valrico, 3
- 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 1998
![property image]()
LEASED 03/02/20- Rent
- Rent Per SQFT
- $1,750
- $0.99
-
2537 Siena Way Valrico, 4
- 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 1997 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 1997
![property image]()
LEASED 06/20/20- Rent
- Rent Per SQFT
- $1,775
- $1.00
-
4035 Quail Briar Dr Valrico, 5
- 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1989
![property image]()
LEASED 06/23/20- Rent
- Rent Per SQFT
- $1,800
- $1.10
PROPERTY LISTING DETAILS
1.813.444.4744
Offerpad Brokerage
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3261188
Last Updated: 08/25/2020
