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3554 Bracknell Ct Land O Lakes, FL 34638

4 Beds 3 Baths 2,441 sqft Built 2015

$362,900

List Price

$2,050

$1.8K - $2.3K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $148.67
  • 3 Days on Market
  • MLS # : T3288552
  • Updated Date : 02/06/2021 at 16:36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,441 sqft
  • Baths : 2 full , 1 half
Listing Agent

Tampa Bay Exclusive Realty

Listing Agent's Description

Highest & best by 2/7/21 ..12pm Beautiful, Contemporary 4 bedroom, 2.5 bathroom home with 2 CAR GARAGE centrally located on a CUL-DE-SAC in the RESORT-STYLE Concord Station community of Land O Lakes. The WELL-MANICURED lawn greets you upon arrival. Vinyl plank covers the downstairs floors, and the separate dining room and living room are perfect for entertaining guests. Embrace your inner chef in the SPACIOUS kitchen with STAINLESS-STEEL APPLIANCES, GRANITE COUNTERS, ample cabinet space, pendant and recessed lighting, and an island to enjoy your morning coffee at. The OVERSIZED master bedroom features a LARGE WALK-IN CLOSET, and all bathrooms feature GRANITE COUNTERS. The EXTENDED and FULLY SCREENED lanai opens up to a FULLY FENCED oversized private backyard, and pavers have been placed just outside of the lanai, extending into the yard to create a space perfect for grilling out! The Highly-Sought after community of Concord Station features Luxury Pool with Splash Zone, Fitness Center, Clubhouse, Playground, and Tennis/Basketball Courts. This home is zoned for Highly Rated Public Schools and conveniently located close to shopping, restaurants, the Suncoast Expressway, and major interstate highways. Call us today to schedule your personal tour of this amazing home before it's gone!

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

Neighborhood: Concord Station

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k487k

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

Neighborhood: Concord Station

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9052007

* 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
Oakstead Elementary School Primary Regular 1,164 79 9
Charles S. Rushe Middle School Middle Regular 1,325 74 7
Sunlake High School High Regular 1,740 95 8

Oakstead Elementary School

  • Education Level: Primary
  • # of students: 1,164
  • # of teachers: 79
9
GreatSchools Rating

Charles S. Rushe Middle School

  • Education Level: Middle
  • # of students: 1,325
  • # of teachers: 74
7
GreatSchools Rating

Sunlake High School

  • Education Level: High
  • # of students: 1,740
  • # of teachers: 95
8
GreatSchools Rating
 

$326,610$399,190$362,900

PURCHASE PRICE

$1,845$2,255$2,050

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,050
EXPENSES Loan Payment -$1,260
Property Tax -$648
Property Insurance -$178
HOA -$14
Property Management Fees -$129
CASH FLOW
-$180

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.

$362,900

PROJECTED PRICE

$2,050

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 3.4%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$101,919

INVESTMENT

$101,919

Down Payment
$90,725
Rehab Estimate
$5,750
Closing Costs
$5,444

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,260

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $90,725
Loan Amount $272,175
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$10,527

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,050

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,124

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$2,050
1$2,0502$2,0503$2,1004$2,2005$2,350
$2,350
RENT COMPS ANALYSIS
  • 3554 Bracknell Ct Land O Lakes, FL 2
    • 4 beds 3 baths ∙ 2,441 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,441 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.84
    •  
  • 3422 Tarbolton Way Land O Lakes, FL 1
    • 3 beds 3 baths ∙ 2,478 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,478 Sqft ∙ Built 2006
    LEASED 09/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.83
    •  
  • 18761 Burndall Ct Land O Lakes, FL 3
    • 4 beds 3 baths ∙ 2,441 Sqft ∙ Built 2011 4 beds 3 baths ∙ 2,441 Sqft ∙ Built 2011
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.86
    •  
  • 18398 Aylesbury Ln Land O Lakes, FL 4
    • 4 beds 4 baths ∙ 2,562 Sqft ∙ Built 2015 4 beds 4 baths ∙ 2,562 Sqft ∙ Built 2015
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.86
    •  
  • 3715 Tuckerton Dr Land O Lakes, FL 5
    • 4 beds 3 baths ∙ 2,529 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,529 Sqft ∙ Built 2014
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.93
    •  
PROPERTY LISTING DETAILS
Stephanie Cruz
1.813.317.7259
Tampa Bay Exclusive Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3288552
Last Updated: 02/06/2021
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