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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $149.19
- 6 Days on Market
- MLS # : O5908125
- Updated Date : 11/25/2020 at 01:00
CONSTRUCTION
- Beds : 4
- Floor Size : 2,460 sqft
- Baths : 2 full , 1 half
Listing Agent
Coldwell Banker Realty
Listing Agent's Description
Charming 1 story hone in Lakes of Windermere! Located on a quiet street across from a lovely treed park, this traditional elevation has a nice covered front porch, laminate floors in LR, DR, Kitchen and FR, neutral decor, large master suite with tub shower and double vanity, inside laundry, all appliances including washer and dryer, covered rear porch, enclosed rear yard with vinyl fence, A/C 2019. 2 car real alley access, community pool and playground and more. Won't last!
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PRICE & RENT TRENDS
Neighborhood: Lakes of Windermere
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Lakes of Windermere
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,250 |
| EXPENSES | Loan Payment | -$1,354 |
| Property Tax | -$427 | |
| Property Insurance | -$183 | |
| HOA | -$73 | |
| Property Management Fees | -$203 | |
|
CASH FLOW
$10
|
||
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.
$367,000
PROJECTED PRICE
$2,250
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.63% |
| Appreciation Year (1-5) | 4.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.99% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$103,005
LOAN DETAILS
$1,354
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $91,750 |
| Loan Amount | $275,250 |
4.5
YEARS SAVED
$20,101
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,250
LIST RENT -
$0.91
LIST RENT PER SQFT
-
$2,399
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
-
12860 Penshurst Ln Windermere, FL 1
- 4 beds 3 baths ∙ 2,460 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,460 Sqft ∙ Built 2003
![property image]()
- Rent
- Rent Per SQFT
- $2,250
- $0.91
-
12631 Overstreet Rd Windermere, FL 2
- 3 beds 3 baths ∙ 2,399 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,399 Sqft ∙ Built 2008
![property image]()
LEASED 05/04/20- Rent
- Rent Per SQFT
- $2,295
- $0.96
-
12508 Cragside Ln Windermere, FL 3
- 4 beds 3 baths ∙ 2,392 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,392 Sqft ∙ Built 2007
![property image]()
LEASED 07/14/20- Rent
- Rent Per SQFT
- $2,295
- $0.96
-
12803 Holdenbury Ln Windermere, FL 4
- 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2006
![property image]()
LEASED 08/05/20- Rent
- Rent Per SQFT
- $2,375
- $0.97
-
7006 Mapperton Dr Windermere, FL 5
- 4 beds 3 baths ∙ 2,460 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,460 Sqft ∙ Built 2004
![property image]()
LEASED 01/08/20- Rent
- Rent Per SQFT
- $2,475
- $1.01
PROPERTY LISTING DETAILS
1.407.222.7047
Coldwell Banker Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: O5908125
Last Updated: 11/25/2020
