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11054 Cypress Trail Dr Orlando, FL 32825

5 Beds 3 Baths 2,772 sqft Built 2004

INVESTimate

$450,000

List Price

$2,280

$2,052 - $2,508

Rent Est.

$486,180  ( +8.04%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 2004
  • Price/Sqft : $162.34
  • 3 Days on Market
  • MLS # : O5887207
  • Updated Date : 08/24/2020 at 22:31
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,772 sqft
  • Baths : 3 full
Listing Agent

Ameriteam Realty Inc

Listing Agent's Description

Welcome to this beautiful 5/3 gated property with lake view, lovely bright porcelain tile. When you first walk into this house, you can admire the open floor plan that features the combo formal living and dining room. Then go upstairs via this rare nice stairs to reach the Master bedroom and 3 other bedrooms and the loft. Then go downstairs by the same beautiful outstanding stairs to enjoy the large family room giving access to the kitchen, to another nice size bedroom downstairs to rest after a long working day, and the Summer Patio Room. This brand new Summer Patio room is featured with a large dining and sitting area with lake view, stainless steel Vent and granite counter top. . Minutes to shopping areas, schools and dining. This house is close to the community park, pool, playground and the recreation Center. Woodland Lakes is a highly desirable gated community located near Waterford Lakes, UCF, Valencia College, all retail stores and restaurants for all different tastes. This is a dream home for an exquisite large family who is looking to enjoy the true lifestyle of the Sunshine State. Bring your buyers.

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MARKET HIGHLIGHTS

  • 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.
  • 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)

PRICE & RENT TRENDS

Neighborhood: Woodland Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $105k353k

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

Neighborhood: Woodland Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10242089

* 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
Cypress Springs Elementary School Primary Regular 758 53 9
Cornerstone Charter Academy K-8 Middle Charter 933 52 7
Cornerstone Charter Academy High School High Charter 372 21 7

Cypress Springs Elementary School

  • Education Level: Primary
  • # of students: 758
  • # of teachers: 53
9
GreatSchools Rating

Cornerstone Charter Academy K-8

  • Education Level: Middle
  • # of students: 933
  • # of teachers: 52
7
GreatSchools Rating

Cornerstone Charter Academy High School

  • Education Level: High
  • # of students: 372
  • # of teachers: 21
7
GreatSchools Rating
 

$405,000$495,000$450,000

PURCHASE PRICE

$2,052$2,508$2,280

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,280
EXPENSES Loan Payment -$1,660
Property Tax -$512
Property Insurance -$202
HOA -$79
Property Management Fees -$205
CASH FLOW
-$378

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.

$450,000

PROJECTED PRICE

$2,280

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.63%
Appreciation Year (1-5) 8.04%
Maintenance Year (1-5) 8.00%
Vacancy 5.99%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$125,000

INVESTMENT

$125,000

Down Payment
$112,500
Rehab Estimate
$5,750
Closing Costs
$6,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,660

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $112,500
Loan Amount $337,500
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$2,310

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,280

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $2,037

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,795
1$1,7952$1,9953$2,1694$2,2805$2,300
$2,300
RENT COMPS ANALYSIS
  • 11054 Cypress Trail Dr Orlando, 4
    • 5 beds 3 baths ∙ 2,772 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,772 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $2,280
    • $0.82
    •  
  • 433 Fieldstream Blvd Orlando, 1
    • 5 beds 3 baths ∙ 2,687 Sqft ∙ Built 1999 5 beds 3 baths ∙ 2,687 Sqft ∙ Built 1999
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.67
    •  
  • 1368 Crane Crest Way #1b Orlando, 2
    • 4 beds 3 baths ∙ 2,951 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,951 Sqft ∙ Built 2005
    LEASED 05/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.68
    •  
  • 1213 Balsam Willow Trl Orlando, 3
    • 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
    •  
  • 10802 Willow Ridge Loop Orlando, 5
    • 5 beds 5 baths ∙ 2,857 Sqft ∙ Built 2010 5 beds 5 baths ∙ 2,857 Sqft ∙ Built 2010
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.81
    •  
PROPERTY LISTING DETAILS
Suze Angrand
1.407.558.5406
Ameriteam Realty Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5887207
Last Updated: 08/24/2020
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