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803 Pebblewood Dr Brandon, FL 33511

3 Beds 2 Baths 1,405 sqft Built 1978

$246,000

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $175.09
  • 3 Days on Market
  • MLS # : T3275902
  • Updated Date : 11/13/2020 at 15:27
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,405 sqft
  • Baths : 2 full
Listing Agent

Align Right Realty South Shore

Listing Agent's Description

POOL HOME in BRANDON! You will not want to miss this home For Sale! No HOA, No CDD! POOL and a HOT TUB! Oversized Corner Lot. NEW ROOF too! Welcoming Foyer, Formal Living Room with brick Fireplace, Kitchen with Eating Area, Large Florida Room, Split Bedroom Layout, Good Sized Master Suite with a Private Bath. Screened Lanai with POOL and room to relax and entertain POOLSIDE! Oversized Lot, Oversized driveway - Room for your boat here! There are additional storage sheds on the property too! Minutes to Bloomingdale is an ideal location near shopping, dining and all the perks of Brandon plus near I75 and I4 for your commutes to Tampa or Orlando.

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: Southwood Hills

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220k240kPrice in $55k252k

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

Neighborhood: Southwood Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28009001000110012001300140015001600Rent in $7391624

* 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
Kingswood Elementary School Primary Regular 608 51 4
Rodgers Middle School Middle Regular 719 49 3
Riverview High School High Regular 2,387 128 6

Kingswood Elementary School

  • Education Level: Primary
  • # of students: 608
  • # of teachers: 51
4
GreatSchools Rating

Rodgers Middle School

  • Education Level: Middle
  • # of students: 719
  • # of teachers: 49
3
GreatSchools Rating

Riverview High School

  • Education Level: High
  • # of students: 2,387
  • # of teachers: 128
6
GreatSchools Rating
 

$221,400$270,600$246,000

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$908
Property Tax -$313
Property Insurance -$118
Property Management Fees -$80
CASH FLOW
-$49

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.

$246,000

PROJECTED PRICE

$1,370

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 6.9%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$70,940

INVESTMENT

$70,940

Down Payment
$61,500
Rehab Estimate
$5,750
Closing Costs
$3,690

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$908

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $61,500
Loan Amount $184,500
See What Happens When You Reinvest Cash Flow

5

YEARS SAVED

$14,729

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,370

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,380

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,349
1$1,3492$1,3703$1,4954$1,4955$1,595
$1,595
RENT COMPS ANALYSIS
  • 803 Pebblewood Dr Brandon, FL 2
    • 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1978
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $0.98
    •  
  • 816 Centerwood Ct Brandon, FL 1
    • 3 beds 2 baths ∙ 1,391 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,391 Sqft ∙ Built 1977
    property image
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,349
    • $0.97
    •  
  • 3715 Coppertree Cir Brandon, FL 3
    • 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1979
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.97
    •  
  • 3214 Acapulco Dr Riverview, FL 4
    • 3 beds 2 baths ∙ 1,525 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,525 Sqft ∙ Built 1983
    property image
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.98
    •  
  • 3812 Pinedale St Brandon, FL 5
    • 4 beds 2 baths ∙ 1,586 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,586 Sqft ∙ Built 1977
    property image
    LEASED 07/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.01
    •  
PROPERTY LISTING DETAILS
Kandi Karban
1.813.956.7828
Align Right Realty South Shore
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3275902
Last Updated: 11/13/2020
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