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4113 Quail Briar Dr Valrico, FL 33596

3 Beds 2 Baths 1,277 sqft Built 1992

$279,900

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $219.19
  • 5 Days on Market
  • MLS # : T3295039
  • Updated Date : 03/12/2021 at 21:50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,277 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tampa Central

Listing Agent's Description

Don't wait to come see this great, move in ready home located in the established community of Tevalo Hills in Bloomingdale.Don't miss out on this 3 bedroom 2 bathroom fully remodeled home.New roof,new flooring ,new carpet,newer A/C. Walking into this cozy,dynamic,beautiful home.The tile flooring is a mirror like image throughout the house with carpet in the bedrooms. The update kitchen with stainless steel appliances and quartz countertop. Both bathroom have been completed updated. The sliding door leading to the backyard to a beautiful wood deck porch to enjoy with friends and family.

SEE MORE

MARKET HIGHLIGHTS

  • 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

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k343k

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

Neighborhood: Bloomingdale

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
Alafia Elementary School Primary Regular 579 44 8
Burns Middle School Middle Regular 1,255 75 7
Bloomingdale High School High Regular 2,191 118 6

Alafia Elementary School

  • Education Level: Primary
  • # of students: 579
  • # of teachers: 44
8
GreatSchools Rating

Burns Middle School

  • Education Level: Middle
  • # of students: 1,255
  • # of teachers: 75
7
GreatSchools Rating

Bloomingdale High School

  • Education Level: High
  • # of students: 2,191
  • # of teachers: 118
6
GreatSchools Rating
 

$251,910$307,890$279,900

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$972
Property Tax -$369
Property Insurance -$110
Property Management Fees -$129
CASH FLOW
-$161

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.

$279,900

PROJECTED PRICE

$1,420

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 6.0%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$79,924

INVESTMENT

$79,924

Down Payment
$69,975
Rehab Estimate
$5,750
Closing Costs
$4,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$972

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $69,975
Loan Amount $209,925
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$8,098

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $1.11

    LIST RENT PER SQFT
  • $1,331

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$1,420
1$1,4202$1,4953$1,4954$1,5005$1,650
$1,650
RENT COMPS ANALYSIS
  • 4113 Quail Briar Dr Valrico, FL 1
    • 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $1.11
    •  
  • 2312 Millcreek Ct Valrico, FL 2
    • 3 beds 2 baths ∙ 1,467 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,467 Sqft ∙ Built 1994
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.02
    •  
  • 2521 Clareside Dr Valrico, FL 3
    • 3 beds 2 baths ∙ 1,474 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,474 Sqft ∙ Built 1996
    LEASED 01/22/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.01
    •  
  • 4017 Fontana Pl Valrico, FL 4
    • 3 beds 2 baths ∙ 1,470 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,470 Sqft ∙ Built 1991
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.02
    •  
  • 2314 Lyncrest Ct Valrico, FL 5
    • 3 beds 2 baths ∙ 1,475 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,475 Sqft ∙ Built 1994
    LEASED 01/13/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.12
    •  
PROPERTY LISTING DETAILS
Amaraida Ramentol Sanchez
1.813.220.8023
Keller Williams Tampa Central
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3295039
Last Updated: 03/12/2021
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