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14548 Stonebriar Way Orlando, FL 32826

4 Beds 2 Baths 1,704 sqft Built 2006

$279,990

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $164.31
  • 5 Days on Market
  • MLS # : O5919651
  • Updated Date : 01/30/2021 at 12:24
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,704 sqft
  • Baths : 2 full
Listing Agent

Exp Realty Llc

Listing Agent's Description

Beautiful move-in ready 4 bedroom 2 bathroom home located in the highly sought-after community Stonebriar. Once you step in, you are greeted with beautiful vaulted ceilings allowing for natural light to come in. The kitchen boasts stone countertops, plenty of cabinetry, an eat-in space and a beautiful bay window bringing it more natural light. The kitchen and dining room combo area, also creates efficiency for cooking and serving meals. This home no carpet! The main living spaces have ceramic tile and the bedrooms have wood like laminate flooring. There's more...the spa-like master bathroom has a stand in shower, garden tub, and double sinks that has the perfect amount of natural light. Now that is a master bathroom! The backyard features, a covered patio ideal for an outdoor sitting area as well as a generously sized backyard that has potential to be the yard of your dreams. This home is primely located near SR 50, SR 408, Waterford Lakes Town Center, UCF, and shopping/dining. Schedule for a private showing today, this home won't last long! Multiple Offers received. SUBMIT HIGHEST AND BEST BY SUNDAY AT 5:00PM.

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MARKET HIGHLIGHTS

  • 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: Stonebriar

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $105k398k

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

Neighborhood: Stonebriar

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900200021002200Rent in $9922235

* 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
East Lake Elementary School Primary Regular 735 48 6
Corner Lake Middle School Middle Regular 1,220 68 3
East River High School High Regular 1,957 96 5

East Lake Elementary School

  • Education Level: Primary
  • # of students: 735
  • # of teachers: 48
6
GreatSchools Rating

Corner Lake Middle School

  • Education Level: Middle
  • # of students: 1,220
  • # of teachers: 68
3
GreatSchools Rating

East River High School

  • Education Level: High
  • # of students: 1,957
  • # of teachers: 96
5
GreatSchools Rating
 

$251,991$307,989$279,990

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$973
Property Tax -$321
Property Insurance -$138
HOA -$50
Property Management Fees -$129
CASH FLOW
$90

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.

$279,990

PROJECTED PRICE

$1,700

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.63%
Appreciation Year (1-5) 8.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.99%
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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,947

INVESTMENT

$79,947

Down Payment
$69,998
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$973

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $69,998
Loan Amount $209,993
See What Happens When You Reinvest Cash Flow

7.17

YEARS SAVED

$23,897

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,666

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,7003$1,7004$1,8455$1,884
$1,884
RENT COMPS ANALYSIS
  • 14548 Stonebriar Way Orlando, FL 3
    • 4 beds 2 baths ∙ 1,704 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,704 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.00
    •  
  • 3246 Colorado Ave Orlando, FL 1
    • 3 beds 2 baths ∙ 1,612 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,612 Sqft ∙ Built 1997
    property image
    LEASED 06/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.96
    •  
  • 4825 Aguila Pl Orlando, FL 2
    • 4 beds 2 baths ∙ 1,819 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,819 Sqft ∙ Built 2005
    property image
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.93
    •  
  • 3929 Shawn Cir Orlando, FL 4
    • 4 beds 2 baths ∙ 1,886 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,886 Sqft ∙ Built 1999
    property image
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $0.98
    •  
  • 14520 Lake Price Dr Orlando, FL 5
    • 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 1997
    property image
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,884
    • $1.04
    •  
PROPERTY LISTING DETAILS
Veronica Figueroa
1.407.329.9500
Exp Realty Llc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5919651
Last Updated: 01/30/2021
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