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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1987
- Price/Sqft : $143.95
- 3 Days on Market
- MLS # : T3277773
- Updated Date : 11/27/2020 at 17:11
CONSTRUCTION
- Beds : 4
- Floor Size : 2,396 sqft
- Baths : 2 full , 1 half
Listing Agent
Exit Bayshore Realty
Listing Agent's Description
Great Opportunity in Hunter’s Creek! This four bedroom, 2.5 bath, two-story home is modern and has great appeal. From the street you instantly notice great curb appeal with fresh paint, brick paver driveway, mature landscaping and lots of windows for natural light. Stepping inside you are greeted with an attractive foyer and contemporary staircase. Looking further in you see a large living room and a formal dining room. The living room features tall windows, wood-burning fireplace, ceiling fan, crown molding, fresh paint and new carpet. The dining room has fresh paint, new carpet, crown molding and a beautiful chandelier. The kitchen features a breakfast bar with pendant lights, oak cabinets topped with durable Corian counters, plenty of counter space with storage and a large breakfast area that leads to the screen lanai/spa. The owner’s suite is on the first floor for quick access and privacy from the secondary bedrooms. The owner’s suite features a double-door entry, new carpet and fresh paint, ceiling fan, private bath with dual sinks, shower and a walk-in closet. The first floor is finished with a laundry room and half bath. Walking upstairs, you find a contemporary staircase with white trimming and glass inserts to all the rooms to flow. Once upstairs you have a loft perfect for late night TV or reading and three secondary bedrooms. A full bath completes the upstairs. Each room has new carpet, fresh paint and new ceiling fans. This home has space and appeal! In the rear you find the covered/screened lanai with a spa perfect for relaxing with a glass of wine. The backyard is fenced and has a brick paver patio. The roof was replaced in March 2015 so no worries there. The community is gated and guarded and includes a community pool, playground and tennis courts. Hitting the links, Hunter’s Creek Golf Club is a minute away! Hunter’s Creek is a master-planned community with great shopping, dining and easy access throughout Orlando. Call today!
SEE MORE
- 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)
- Orlando metro employment growth is at 3.5% and predicted to grow at 2.5% in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Hunters Creek Golf Course
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Hunters Creek Golf Course
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,200 |
| EXPENSES | Loan Payment | -$1,273 |
| Property Tax | -$386 | |
| Property Insurance | -$179 | |
| HOA | -$186 | |
| Property Management Fees | -$198 | |
|
CASH FLOW
-$22
|
||
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.
$344,900
PROJECTED PRICE
$2,200
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.21% |
| Appreciation Year (1-5) | 5.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.01% |
| 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
$97,149
LOAN DETAILS
$1,273
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $86,225 |
| Loan Amount | $258,675 |
3.42
YEARS SAVED
$12,394
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,200
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$2,384
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
14425 Mandolin Dr Orlando, FL 2
- 4 beds 3 baths ∙ 2,396 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,396 Sqft ∙ Built 1987
- Rent
- Rent Per SQFT
- $2,200
- $0.92
-
14334 Sports Club Way Orlando, FL 1
- 4 beds 3 baths ∙ 2,213 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,213 Sqft ∙ Built 1996
LEASED 12/02/19- Rent
- Rent Per SQFT
- $2,195
- $0.99
-
14417 Windchime Ln Orlando, FL 3
- 4 beds 4 baths ∙ 2,213 Sqft ∙ Built 1990 4 beds 4 baths ∙ 2,213 Sqft ∙ Built 1990
LEASED 03/05/20- Rent
- Rent Per SQFT
- $2,300
- $1.04
-
13821 Amberleigh Rd Orlando, FL 4
- 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 1998
LEASED 05/20/20- Rent
- Rent Per SQFT
- $2,300
- $0.91
-
14331 Sports Club Way Orlando, FL 5
- 4 beds 3 baths ∙ 2,310 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,310 Sqft ∙ Built 1996
LEASED 05/30/20- Rent
- Rent Per SQFT
- $2,400
- $1.04
PROPERTY LISTING DETAILS
1.813.727.6904
Exit Bayshore Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3277773
Last Updated: 11/27/2020
