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3419 Astina Ct Orlando, FL 32837

4 Beds 3 Baths 2,196 sqft Built 1989

$439,000

List Price

$2,020

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $199.91
  • 1 Days on Market
  • MLS # : O5958205
  • Updated Date : 07/13/2021 at 10:29
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,196 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Classic

Listing Agent's Description

Welcome home! This 4 bedroom 2.5 bathroom pool home with an incredible waterview is fully fenced, boasts a large covered tiled lanai, and is located at the top of a cul du sac. You can enjoy privacy with neighbors only on one side of the home and across the street, while you have a beautiful pond with a fountain behind and conservation to the right of your home. This home has been well maintained. The roof is just a year old and there is brand new laminate and carpet flooring. Once inside you immediately notice the home has plenty of natural light. As you walk past the living room you notice the dining room has an elegant tray ceiling. The kitchen is equipped with lots of storage from the cabinets to the pantry. There is a comfy breakfast nook to enjoy water views from and it also connects to the spacious family room with tall ceilings and a wood burning fireplace below a mantle. Your master suite is big and leads to a master bathroom featuring double sinks and two walk in closets. Having your laundry room inside with a rack of storage, this home is truly turn-key and move-in ready. Living in Hunter's Creek, there are a lot of amenities for your family to enjoy including an elementary school in the neighborhood, tennis courts, basketball courts, baseball fields, soccer fields, parks, playgrounds, and scenic walking trails. Hunter's Creek is conveniently located within a quick commute to Walt Disney World as well as other theme parks and attractions, the Orlando International Airport, local shopping & restaurants at The Loop nearby, various recreation, and so much more. Call us today for your private showing.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

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
Hunters Creek Elementary School Primary Magnet 860 56 7
Hunters Creek Middle School Middle Regular 1,060 57 6
Freedom High School High Regular 3,281 149 6

Hunters Creek Elementary School

  • Education Level: Primary
  • # of students: 860
  • # of teachers: 56
7
GreatSchools Rating

Hunters Creek Middle School

  • Education Level: Middle
  • # of students: 1,060
  • # of teachers: 57
6
GreatSchools Rating

Freedom High School

  • Education Level: High
  • # of students: 3,281
  • # of teachers: 149
6
GreatSchools Rating
 

$395,100$482,900$439,000

PURCHASE PRICE

$1,818$2,222$2,020

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,020
EXPENSES Loan Payment -$1,525
Property Tax -$491
Property Insurance -$167
HOA -$85
Property Management Fees -$129
CASH FLOW
-$377

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.

$439,000

PROJECTED PRICE

$2,020

PROJECTED RENT

0.46%

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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$122,085

INVESTMENT

$122,085

Down Payment
$109,750
Rehab Estimate
$5,750
Closing Costs
$6,585

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,525

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $109,750
Loan Amount $329,250
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$2,086

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,020

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $2,009

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,850
1$1,8502$1,9503$2,0204$2,1255$2,195
$2,195
RENT COMPS ANALYSIS
  • 3419 Astina Ct Orlando, FL 3
    • 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $2,020
    • $0.92
    •  
  • 2753 Herons Landing Dr Kissimmee, FL 1
    • 4 beds 3 baths ∙ 2,143 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,143 Sqft ∙ Built 2000
    LEASED 11/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.86
    •  
  • 3334 Timucua Cir Orlando, FL 2
    • 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
    •  
  • 3926 Kiawa Dr Orlando, FL 4
    • 4 beds 3 baths ∙ 2,145 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,145 Sqft ∙ Built 1990
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,125
    • $0.99
    •  
  • 3831 Ocita Dr Orlando, FL 5
    • 4 beds 3 baths ∙ 2,368 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,368 Sqft ∙ Built 1990
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.93
    •  
PROPERTY LISTING DETAILS
Kwaku Mitchell
1.407.353.7706
Keller Williams Classic
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5958205
Last Updated: 07/13/2021
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