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3430 Danny Bryan Blvd Tampa, FL 33619

5 Beds 2 Baths 1,668 sqft Built 1981

$195,000

List Price

$1,480

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $116.91
  • 4 Days on Market
  • MLS # : T3285453
  • Updated Date : 01/23/2021 at 14:26
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,668 sqft
  • Baths : 2 full
Listing Agent

Future Home Realty Inc

Listing Agent's Description

LARGE 4 Bedroom 2 bathroom BLOCK home featuring a BONUS ROOM with outside access, which can be used as a home office or mother-in-law suite. There is a big covered porch in the back for you to enjoy afternoons and family meals, facing an expansive FENCED backyard. This home has many extras: a double STORAGE SHED that could be used as work or play area; and an ample laundry/ storage room. Located in a quiet neighborhood, this is the perfect house for a large family. Easy access to the interstate, and centrally located. Make this home yours and update to your liking. AC needs to be replaced.

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: East Lake - Orient Park

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $55k238k

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

Neighborhood: East Lake - Orient Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28009001000110012001300140015001600Rent in $7391613

* 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
Kenly Elementary School Primary Regular 528 51 2
Mann Middle School Middle Regular 1,096 68 3
Blake High School High Magnet 1,709 103 4

Kenly Elementary School

  • Education Level: Primary
  • # of students: 528
  • # of teachers: 51
2
GreatSchools Rating

Mann Middle School

  • Education Level: Middle
  • # of students: 1,096
  • # of teachers: 68
3
GreatSchools Rating

Blake High School

  • Education Level: High
  • # of students: 1,709
  • # of teachers: 103
4
GreatSchools Rating
 

$175,500$214,500$195,000

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$677
Property Tax -$240
Property Insurance -$133
Property Management Fees -$129
CASH FLOW
$301

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.

$195,000

PROJECTED PRICE

$1,480

PROJECTED RENT

0.76%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 12.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.25%
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$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$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$57,425

INVESTMENT

$57,425

Down Payment
$48,750
Rehab Estimate
$5,750
Closing Costs
$2,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$677

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $48,750
Loan Amount $146,250
See What Happens When You Reinvest Cash Flow

13.33

YEARS SAVED

$41,040

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,480

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,546

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,4503$1,4804$1,700
$1,700
RENT COMPS ANALYSIS
  • 3430 Danny Bryan Blvd Tampa, FL 3
    • 5 beds 2 baths ∙ 1,668 Sqft ∙ Built 1981 5 beds 2 baths ∙ 1,668 Sqft ∙ Built 1981
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,480
    • $0.89
    •  
  • 3509 Danny Bryan Blvd Tampa, FL 1
    • 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1981 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1981
    property image
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.96
    •  
  • 3667 Sugarcreek Dr Tampa, FL 2
    • 4 beds 2 baths ∙ 1,726 Sqft ∙ Built 1981 4 beds 2 baths ∙ 1,726 Sqft ∙ Built 1981
    property image
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.84
    •  
  • 5612 E 29th Ave Tampa, FL 4
    • 4 beds 2 baths ∙ 1,728 Sqft ∙ Built 1963 4 beds 2 baths ∙ 1,728 Sqft ∙ Built 1963
    property image
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.98
    •  
PROPERTY LISTING DETAILS
Marina Navia
1.574.329.0132
Future Home Realty Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3285453
Last Updated: 01/23/2021
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