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10904 Arbor View Blvd Orlando, FL 32825

5 Beds 3 Baths 2,733 sqft Built 2005

$449,000

List Price

$2,240

$2K - $2.5K

Rent Est.

PROPERTY INFO

February 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $164.29
  • 4 Days on Market
  • MLS # : O5921416
  • Updated Date : 02/06/2021 at 22:10
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,733 sqft
  • Baths : 3 full
Listing Agent

Super Agent Realty Llc

Listing Agent's Description

This is THE ONE! The home's features include two Nest thermostats for split zone AC, WI-FI sprinklers, double pane windows, extended master closet, oversized garage with shelving, prewired surround sound, bonus room has wet bar, wine cooler and refrigerator, porcelain tile and bamboo flooring, solid countertops, cherry cabinets with crown, SS appliances, remote control ceiling fans, exterior lights on timers, and more! Wait till you step into the breathtaking private oasis outside! If you never enjoyed outdoor living before, you will now in your new luxurious outdoor living space designed with a "resort" feel. Having an oversized cabana with a soaring ceiling and wood burning fireplace and surrounded by the solar heated, gorgeous salt water pool having a sun shelf, spa, pebble tech finish, water fountain plus built-in table with built in seating inside the entire pool surrounded by an extraordinary paver deck! Vinyl fencing encases backyard providing pool privacy and a serene view of the wooded conservation, NO rear neighbors! This is truly an relaxing retreat to start your day with coffee or at the end of your day with your favorite beverage! From the guard gated community and desired Deluca "Heron" two-story floor plan, to the tasteful color palette, and well chosen finishes, this home is designed and decorated for all your family's leisure, recreation, and entertainment needs!

SEE MORE

MARKET HIGHLIGHTS

  • Space coast area has attracted $1.4 billion in capital investments over the past 6-years and generated 1,800 new jobs in 2017 (WSJ, 2017)
  • Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Orlando inherits the same rank being part of Florida.
  • Orlando metro's economy is worth $141 billion in Gross Metro Product and projected to grow to $149 billion in 2019 (USMayors.org, 2018)
  • Together Walt Disney World Resort and Universal Orlando Resort employ 96,000 people and drive tourism (Orlando Economic Partnership)
  • Orlando metro employment growth is at 3.5% and predicted to grow at 2.5% in 2019 (USMayors.org, 2018)
  • Orlando metro contributes to 13.8% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
  • Orlando metro has 64.8% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • Orlando ranks 7th in U.S. for economic growth (Milken Instutute/ Orlando Sentinel, 2018)
  • Major employers in Orlando market: Walt Disney World Resort; Advent Health; Universal Orlando Resort; Orange County Public Schools; University of Central Florida; Lockheed Martin; and Darden Restaurants.

PRICE & RENT TRENDS

Neighborhood: Woodland Lakes Preserve

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400kPrice in $105k438k

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

Neighborhood: Woodland Lakes Preserve

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10292363

* 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
Andover Elementary School Primary Regular 786 53 7
Legacy Middle School Middle Regular 974 49 3
University High School High Magnet 3,111 141 5

Andover Elementary School

  • Education Level: Primary
  • # of students: 786
  • # of teachers: 53
7
GreatSchools Rating

Legacy Middle School

  • Education Level: Middle
  • # of students: 974
  • # of teachers: 49
3
GreatSchools Rating

University High School

  • Education Level: High
  • # of students: 3,111
  • # of teachers: 141
5
GreatSchools Rating
 

$404,100$493,900$449,000

PURCHASE PRICE

$2,016$2,464$2,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,240
EXPENSES Loan Payment -$1,560
Property Tax -$511
Property Insurance -$199
HOA -$87
Property Management Fees -$129
CASH FLOW
-$245

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$449,000

PROJECTED PRICE

$2,240

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.63%
Appreciation Year (1-5) 4.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.99%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$124,735

INVESTMENT

$124,735

Down Payment
$112,250
Rehab Estimate
$5,750
Closing Costs
$6,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,560

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $112,250
Loan Amount $336,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$8,535

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,240

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $2,214

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,1693$2,2404$2,3505$2,450
$2,450
RENT COMPS ANALYSIS
  • 10904 Arbor View Blvd Orlando, FL 3
    • 5 beds 3 baths ∙ 2,733 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,733 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $2,240
    • $0.82
    •  
  • 1327 Balsam Willow Trl Orlando, FL 1
    • 5 beds 3 baths ∙ 2,733 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,733 Sqft ∙ Built 2005
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.77
    •  
  • 1213 Balsam Willow Trl Orlando, FL 2
    • 4 beds 3 baths ∙ 2,795 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,795 Sqft ∙ Built 2006
    LEASED 02/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,169
    • $0.78
    •  
  • 10761 Willow Ridge Loop #2 Orlando, FL 4
    • 5 beds 4 baths ∙ 2,889 Sqft ∙ Built 2010 5 beds 4 baths ∙ 2,889 Sqft ∙ Built 2010
    LEASED 12/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.81
    •  
  • 10691 Willow Ridge Loop Orlando, FL 5
    • 4 beds 3 baths ∙ 2,795 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,795 Sqft ∙ Built 2006
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.88
    •  
PROPERTY LISTING DETAILS
Michael Willis
1.407.288.2900
Super Agent Realty Llc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5921416
Last Updated: 02/06/2021
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