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2536 Woodhaven Ct Orlando, FL 32818

3 Beds 2 Baths 1,778 sqft Built 1981

$287,500

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $161.70
  • 2 Days on Market
  • MLS # : O5915735
  • Updated Date : 01/09/2021 at 12:07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,778 sqft
  • Baths : 2 full
Listing Agent

Abraham Legacy Realty Inc

Listing Agent's Description

This Corner lot Move-In ready magnificent home is just waiting for you to come view and appreciate all that it has to Offer! Starting with the oversized driveway having extra comfortable parking for entertaining family & friends (easily park 6-8 cars + 2 car garage), no need to park on the street. Fresh mulch leads you to the covered front porch and recently painted exterior, which should not be out done by the enormous front yard. Recently painted interior with 3 Bedrooms, 2 Bath with a Den, 2 car garage with closet space, laundry room, stainless steel appliances, new back splash, bare floors throughout, water treatment system, and a wood burning fireplace. Enjoy the added screened in back patio which is big enough to entertain the whole family while they enjoying grilling foods, or just relaxing away enjoying the breeze minus the sunlight. Your oasis awaits with the very large fenced in backyard, resurfaced & freshly painted pool, a shed, and don't forget to invite the friends over to enjoy the fire pit at nighttime! This home is ready for the kiddos to enjoy what a 1/2 acre plus has to Offer. Minutes away from nearby Lakes (Lucy & Stanley) , Publix, Walgreens, La Fitness, and several other popular shopping places. Do not wait, Schedule your private showing today!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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.

PRICE & RENT TRENDS

Neighborhood: S and S Acres

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260k280k300kPrice in $69k305k

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

Neighborhood: S and S Acres

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8951712

* 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
 

$258,750$316,250$287,500

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$999
Property Tax -$328
Property Insurance -$142
Property Management Fees -$129
CASH FLOW
-$8

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.

$287,500

PROJECTED PRICE

$1,590

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.01%
Appreciation Year (1-5) 11.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.82%
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

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$81,938

INVESTMENT

$81,938

Down Payment
$71,875
Rehab Estimate
$5,750
Closing Costs
$4,313

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$999

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $71,875
Loan Amount $215,625
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$13,503

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,590

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,422

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,4003$1,5504$1,5905$1,650
$1,650
RENT COMPS ANALYSIS
  • 2536 Woodhaven Ct Orlando, FL 4
    • 3 beds 2 baths ∙ 1,778 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,778 Sqft ∙ Built 1981
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $0.89
    •  
  • 7611 Havenford Ct Orlando, FL 1
    • 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 1986
    LEASED 11/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.80
    •  
  • 2612 Coventry Ln Ocoee, FL 2
    • 4 beds 2 baths ∙ 1,970 Sqft ∙ Built 1988 4 beds 2 baths ∙ 1,970 Sqft ∙ Built 1988
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.71
    •  
  • 2711 Coventry Ln Ocoee, FL 3
    • 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1990
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.89
    •  
  • 2613 Coventry Ln Ocoee, FL 5
    • 3 beds 3 baths ∙ 2,070 Sqft ∙ Built 1991 3 beds 3 baths ∙ 2,070 Sqft ∙ Built 1991
    LEASED 11/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.80
    •  
PROPERTY LISTING DETAILS
Jim Fouquet
1.321.945.6832
Abraham Legacy Realty Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5915735
Last Updated: 01/09/2021
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