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130 Arnhym Dr 
Orlando, FL
32835
3 Beds 3 Baths 1,733 sqft
Built 1977
INVESTimate
$295,000
List Price
$83,925
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PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $170.23
- 2 Days on Market
- MLS # : O5887552
- Updated Date : 08/26/2020 at 02:31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,733 sqft
- Baths : 2 full , 1 half
Listing Agent
Empire Network Realty
Listing Agent's Description
Very nice house with big water pool just been renovated.Great location, close to everything! Quite neighborhood ,oversize Corner lot! No HOA!
SEE MORE
- 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: Jacaranda
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Jacaranda
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,750 |
| EXPENSES | Loan Payment | -$1,088 |
| Property Tax | -$336 | |
| Property Insurance | -$140 | |
| Property Management Fees | -$158 | |
|
CASH FLOW
$29
|
||
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.
$295,000
PROJECTED PRICE
$1,750
PROJECTED RENT
0.59%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.01% |
| Appreciation Year (1-5) | 5.56% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.82% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$83,925
LOAN DETAILS
$1,088
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $73,750 |
| Loan Amount | $221,250 |
4.5
YEARS SAVED
$15,732
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,750
LIST RENT -
$1.01
LIST RENT PER SQFT
-
$1,885
COMP ESTIMATED VALUE -
$1.09
COMP AVG. RENT PER SQFT
Comps Range
-
130 Arnhym Dr Orlando, 2
- 3 beds 3 baths ∙ 1,733 Sqft ∙ Built 1977 3 beds 3 baths ∙ 1,733 Sqft ∙ Built 1977
- Rent
- Rent Per SQFT
- $1,750
- $1.01
-
6540 Abercrombie Ct Orlando, 1
- 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 1989
LEASED 03/07/20- Rent
- Rent Per SQFT
- $1,700
- $1.10
-
960 Summer Lakes Dr Orlando, 3
- 3 beds 2 baths ∙ 1,818 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,818 Sqft ∙ Built 1988
LEASED 12/13/19- Rent
- Rent Per SQFT
- $1,895
- $1.04
-
6434 Haughton Ln Orlando, 4
- 3 beds 2 baths ∙ 1,755 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,755 Sqft ∙ Built 1989
LEASED 08/12/20- Rent
- Rent Per SQFT
- $1,900
- $1.08
-
506 Harbor Point Blvd Orlando, 5
- 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1981
LEASED 07/18/20- Rent
- Rent Per SQFT
- $2,000
- $1.13
PROPERTY LISTING DETAILS
1.321.948.7300
Empire Network Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: O5887552
Last Updated: 08/26/2020
