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

1325 Crawford Dr Apopka, FL 32703

4 Beds 2 Baths 2,387 sqft Built 1992

INVESTimate

$279,999

List Price

$1,810

$1,629 - $1,991

Rent Est.

$305,031  ( +8.94%)   1 YR EST. FORECAST

PROPERTY INFO

August 23, 2020 RECENTLY ADDED
FACTS
  • Built In 1992
  • Price/Sqft : $117.30
  • 4 Days on Market
  • MLS # : O5886995
  • Updated Date : 08/23/2020 at 19:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,387 sqft
  • Baths : 2 full
Listing Agent

La Rosa Realty, Llc

Listing Agent's Description

Beautiful 4 bedroom 2bath 2 car garage home tucked away in the quaint community of Woodfield Oaks in Apopka, FL. Once you step inside you will appreciate the open floor plan, high ceilings and split bedroom set up. The kitchen is open to the family room and offers plenty of cabinet and countertop space perfect for cooking and entertaining. Just off the family room is a "GREAT ROOM" that overlooks the fully fenced in backyard that are shaded by majestic trees. The master bedroom is large and private from the other bedrooms. It features a large walk in closet and a master bathroom with a walk-in shower and a soaker tub. The fully fenced backyard is large and a perfect spot for relaxing. Don’t hesitate call today to see in person and make this home yours!

SEE MORE

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: Woodfield Oaks

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $106k272k

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

Neighborhood: Woodfield Oaks

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8821707

* 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
Cornerstone Charter Academy K-8 Primary Charter 933 52 7
Cornerstone Charter Academy K-8 Middle Charter 933 52 7
Cornerstone Charter Academy High School High Charter 372 21 7

Cornerstone Charter Academy K-8

  • Education Level: Primary
  • # of students: 933
  • # of teachers: 52
7
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
 

$251,999$307,999$279,999

PURCHASE PRICE

$1,629$1,991$1,810

RENT

DOWN PAYMENT
FINANCING

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,810
EXPENSES Loan Payment -$1,033
Property Tax -$328
Property Insurance -$179
HOA -$16
Property Management Fees -$163
CASH FLOW
$91

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.

$279,999

PROJECTED PRICE

$1,810

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.21%
Appreciation Year (1-5) 8.94%
Maintenance Year (1-5) 8.00%
Vacancy 6.01%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $70,000
Loan Amount $209,999
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$20,337

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,810

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,575

    COMP ESTIMATED VALUE
  • $0.66

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,6253$1,6754$1,810
$1,810
RENT COMPS ANALYSIS
  • 1325 Crawford Dr Apopka, 4
    • 4 beds 2 baths ∙ 2,387 Sqft ∙ Built 1992 4 beds 2 baths ∙ 2,387 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $1,810
    • $0.76
    •  
  • 1565 Crawford Dr Apopka, 1
    • 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1991
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.54
    •  
  • 1062 Sheeler Hills Dr Apopka, 2
    • 4 beds 2 baths ∙ 2,040 Sqft ∙ Built 1996 4 beds 2 baths ∙ 2,040 Sqft ∙ Built 1996
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.80
    •  
  • 1908 Clarcona Rd Apopka, 3
    • 3 beds 2 baths ∙ 2,629 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,629 Sqft ∙ Built 1983
    LEASED 12/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.64
    •  
PROPERTY LISTING DETAILS
Wesly Altenor
1.407.346.7879
La Rosa Realty, Llc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5886995
Last Updated: 08/23/2020
BESbswy