Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

504 S Bryan Cir Brandon, FL 33511

3 Beds 3 Baths 2,124 sqft Built 1966

$310,000

List Price

$1,710

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1966
  • Price/Sqft : $145.95
  • 2 Days on Market
  • MLS # : T3289036
  • Updated Date : 02/06/2021 at 23:31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,124 sqft
  • Baths : 2 full , 1 half
Listing Agent

Signature Realty Associates

Listing Agent's Description

This charming beautiful 3 BR and 2.5 BA home with a pool is going to steal your heart. NO HOA and/or NO CDD FEES! This gorgeous, one of a kind ranch style home will amazed you at every turn. As you enter through the door, you will notice on your right the formal living room with a fireplace overlooking the beautiful Oak trees in the front yard. As you enter the living room, you will find on the right a large formal dining room. The home boasts a family room and bonus room with high ceilings, perfect for your family gatherings. The family room has a brick wood burning fireplace. The kitchen overlooks at the splashing pool. The master bedroom has its own private bathroom with a walk-in shower. Bedroom #1 and # 2 have their own large closets. The second full bathroom has dual sinks. As you head outside, you will fall in love with the screened pool and the large backyard. This home has 2 car garage, an oversized laundry room and a half bathroom located in the garage. Centrally located in the City of Brandon. Close to MacDill, shopping centers, Hospitals and much more. A quick trip to the Expressway and into Tampa, Ybor and the airport. Don't miss this opportunity to make this house your forever home.

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: 33511

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k256k

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

Zip Code: 33511

ZipNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8781644

* 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
Brooker Elementary School Primary Regular 920 72 4
Burns Middle School Middle Regular 1,255 75 7
Bloomingdale High School High Regular 2,191 118 6

Brooker Elementary School

  • Education Level: Primary
  • # of students: 920
  • # of teachers: 72
4
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
 

$279,000$341,000$310,000

PURCHASE PRICE

$1,539$1,881$1,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,710
EXPENSES Loan Payment -$1,077
Property Tax -$395
Property Insurance -$160
Property Management Fees -$129
CASH FLOW
-$50

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.

$310,000

PROJECTED PRICE

$1,710

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.13%
Appreciation Year (1-5) 6.9%
Maintenance Year (1-5) 8.00%
Vacancy 5.27%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$87,900

INVESTMENT

$87,900

Down Payment
$77,500
Rehab Estimate
$5,750
Closing Costs
$4,650

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,077

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $77,500
Loan Amount $232,500
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$17,350

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
  • $0.81

    LIST RENT PER SQFT
  • $1,890

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,449
1$1,4492$1,5953$1,7104$1,8005$1,900
$1,900
RENT COMPS ANALYSIS
  • 504 S Bryan Cir Brandon, FL 3
    • 3 beds 3 baths ∙ 2,124 Sqft ∙ Built 1966 3 beds 3 baths ∙ 2,124 Sqft ∙ Built 1966
    • Rent
    • Rent Per SQFT
    •  
    • $1,710
    • $0.81
    •  
  • 512 E Hilda Dr Brandon, FL 1
    • 3 beds 2 baths ∙ 1,824 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,824 Sqft ∙ Built 1975
    LEASED 12/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,449
    • $0.79
    •  
  • 705 Green Cove Dr Brandon, FL 2
    • 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 1977
    LEASED 01/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.86
    •  
  • 1806 Lido Dr Brandon, FL 4
    • 4 beds 2 baths ∙ 1,875 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,875 Sqft ∙ Built 1979
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.96
    •  
  • 523 Julie Ln Brandon, FL 5
    • 4 beds 3 baths ∙ 2,000 Sqft ∙ Built 1967 4 beds 3 baths ∙ 2,000 Sqft ∙ Built 1967
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.95
    •  
PROPERTY LISTING DETAILS
Monica Pedraja
1.305.450.3548
Signature Realty Associates
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3289036
Last Updated: 02/06/2021
BESbswy