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14752 Lone Eagle Dr Orlando, FL 32837

4 Beds 3 Baths 2,327 sqft Built 1988

$399,900

List Price

$2,250

$2K - $2.5K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $171.85
  • 5 Days on Market
  • MLS # : S5042556
  • Updated Date : 11/12/2020 at 01:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,327 sqft
  • Baths : 2 full , 1 half
Listing Agent

The Firm Re

Listing Agent's Description

Welcome home to the 21st best town to live in America, Hunters Creek! Pride of ownership is on full display as you walk into this 4 bedroom + Bonus/Office pool home which has the original owner from its inception! This home boasts many updates and upgrades like new wood floors, newer tile, 42" cabinets, granite, upgraded light fixtures and chandeliers, upgraded master bathroom, highly maintained garden with high end LED garden lights, new water softener, stainless steel appliances and many more upgrades that you must see in person to appreciate! This 2 story pool home also has a pool heater with hot tub. Great Location close to many restaurants, shopping, and a few minutes to 417 and John Young Pkwy. Located only minutes to Sea World, Universal Studios or Walt Disney. Hunters Creek has 5 Private Parks, with playgrounds, dog parks, lakes, docks, tennis, walking paths, clubhouses, billiards, volleyball, and more, and was recently voted the “21st Best Place to Live in America” by CNN Money Magazine! Sponsored activities for all ages such as tennis, joggers, adult volleyball, motorcycle riders, sewing, summer camps, youth and adult basketball, youth soccer, and more. The community has huge resident events including Fall Festival, Halloween, Holiday Concerts, Community garage sales, July 4th Festival, and a world class golf course!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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.

PRICE & RENT TRENDS

Neighborhood: Hunters Creek

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $105k353k

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

Neighborhood: Hunters Creek

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10282269

* 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
 

$359,910$439,890$399,900

PURCHASE PRICE

$2,025$2,475$2,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,250
EXPENSES Loan Payment -$1,475
Property Tax -$447
Property Insurance -$175
HOA -$97
Property Management Fees -$203
CASH FLOW
-$147

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.

$399,900

PROJECTED PRICE

$2,250

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.21%
Appreciation Year (1-5) 4.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.01%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$8,359

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
  • $0.97

    LIST RENT PER SQFT
  • $2,251

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,1953$2,1994$2,2505$2,500
$2,500
RENT COMPS ANALYSIS
  • 14752 Lone Eagle Dr Orlando, FL 4
    • 4 beds 3 baths ∙ 2,327 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,327 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.97
    •  
  • 3334 Timucua Cir Orlando, FL 1
    • 3 beds 2 baths ∙ 2,209 Sqft ∙ Built 1991 3 beds 2 baths ∙ 2,209 Sqft ∙ Built 1991
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.88
    •  
  • 14334 Sports Club Way Orlando, FL 2
    • 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
    •  
  • 3327 Amaca Cir Orlando, FL 3
    • 4 beds 3 baths ∙ 2,195 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,195 Sqft ∙ Built 1991
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,199
    • $1.00
    •  
  • 3108 Turtle Ln Orlando, FL 5
    • 5 beds 3 baths ∙ 2,500 Sqft ∙ Built 1993 5 beds 3 baths ∙ 2,500 Sqft ∙ Built 1993
    LEASED 11/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.00
    •  
PROPERTY LISTING DETAILS
Nesreen Lababidi
1.407.338.1495
The Firm Re
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: S5042556
Last Updated: 11/12/2020
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