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

1267 Dunbridge St Apopka, FL 32703

3 Beds 2 Baths 1,638 sqft Built 1994

$265,900

List Price

$1,620

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $162.33
  • 3 Days on Market
  • MLS # : O5921921
  • Updated Date : 02/06/2021 at 01:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,638 sqft
  • Baths : 2 full
Listing Agent

Watson Realty Corp

Listing Agent's Description

Come and fall in love with this 3 bedrooms 2 bath home in nice, established community. Open Floor plan gives very spacious feeling. You'll love the kitchen with granite countertop and lovely Wood cabinets! New Ac installed in 2020. Tile floors throughout. Entertain on your wood deck overlooking large backyard with fence.

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: Dunbridge

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $101k278k

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

Neighborhood: Dunbridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8741707

* 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
Lakeville Elementary School Primary Regular 894 59 4
Piedmont Lakes Middle School Middle Regular 1,142 68 4
Wekiva High School High Regular 2,349 113 4

Lakeville Elementary School

  • Education Level: Primary
  • # of students: 894
  • # of teachers: 59
4
GreatSchools Rating

Piedmont Lakes Middle School

  • Education Level: Middle
  • # of students: 1,142
  • # of teachers: 68
4
GreatSchools Rating

Wekiva High School

  • Education Level: High
  • # of students: 2,349
  • # of teachers: 113
4
GreatSchools Rating
 

$239,310$292,490$265,900

PURCHASE PRICE

$1,458$1,782$1,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,620
EXPENSES Loan Payment -$924
Property Tax -$286
Property Insurance -$134
HOA -$60
Property Management Fees -$129
CASH FLOW
$87

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.

$265,900

PROJECTED PRICE

$1,620

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.21%
Appreciation Year (1-5) 8.9%
Maintenance Year (1-5) 8.00%
Vacancy 6.01%
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$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$76,214

INVESTMENT

$76,214

Down Payment
$66,475
Rehab Estimate
$5,750
Closing Costs
$3,989

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$924

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,475
Loan Amount $199,425
See What Happens When You Reinvest Cash Flow

6.5

YEARS SAVED

$20,360

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,620

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $1,683

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5383$1,6204$1,6455$1,685
$1,685
RENT COMPS ANALYSIS
  • 1267 Dunbridge St Apopka, FL 3
    • 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,620
    • $0.99
    •  
  • 2209 Pebblewood Dr Apopka, FL 1
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1995
    LEASED 10/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.98
    •  
  • 1360 Woodfield Oaks Dr Apopka, FL 2
    • 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1993
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,538
    • $1.03
    •  
  • 2207 Pebblewood Dr #1 Apopka, FL 4
    • 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1994
    LEASED 04/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,645
    • $1.00
    •  
  • 1247 Lacey Oak Dr Apopka, FL 5
    • 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1990
    LEASED 07/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,685
    • $1.10
    •  
PROPERTY LISTING DETAILS
Paulette Nurse
1.407.399.1940
Watson Realty Corp
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5921921
Last Updated: 02/06/2021
BESbswy