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3737 Valencia Grove Ln Orlando, FL 32817

3 Beds 3 Baths 1,428 sqft Built 1987

$294,900

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $206.51
  • 2 Days on Market
  • MLS # : O5917379
  • Updated Date : 01/17/2021 at 01:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,428 sqft
  • Baths : 2 full , 1 half
Listing Agent

La Rosa Realty Cw Properties L

Listing Agent's Description

STOP !!! Look no further !!! Here is an amazing opportunity to own your beautiful home in Valencia Grove community. This spectacular home has been renovated, provides you with a lovely private fenced back yard, new exotic granite countertops, new paint inside and out, new baseboards, wooden floors all over the houses, upgraded lighting, ceiling fans, an spectacular master bathroom with gorgeous stone floors and much more. Zoned for highly rated Winter Park High School. It is minutes away UCF, Full Sail. Rollings College, main highways 436, 417, 426, City of Winter Park, many of Orlando's favorite attractions, shopping district, downtown activities and the International Airport. Don't miss this great opportunity !!

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: Valencia Grove

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $103k331k

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

Neighborhood: Valencia Grove

NeighborhoodNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400150016001700180019002000Rent in $7562089

* 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
Arbor Ridge School Primary Magnet 764 56 8
Arbor Ridge School Middle Magnet 764 56 8
Cornerstone Charter Academy High School High Charter 372 21 7

Arbor Ridge School

  • Education Level: Primary
  • # of students: 764
  • # of teachers: 56
8
GreatSchools Rating

Arbor Ridge School

  • Education Level: Middle
  • # of students: 764
  • # of teachers: 56
8
GreatSchools Rating

Cornerstone Charter Academy High School

  • Education Level: High
  • # of students: 372
  • # of teachers: 21
7
GreatSchools Rating
 

$265,410$324,390$294,900

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$1,024
Property Tax -$335
Property Insurance -$121
Property Management Fees -$129
CASH FLOW
-$160

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.

$294,900

PROJECTED PRICE

$1,450

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.63%
Appreciation Year (1-5) 8.3%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,899

INVESTMENT

$83,899

Down Payment
$73,725
Rehab Estimate
$5,750
Closing Costs
$4,424

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,024

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,725
Loan Amount $221,175
See What Happens When You Reinvest Cash Flow

2.83

YEARS SAVED

$6,529

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,450

    LIST RENT
  • $1.02

    LIST RENT PER SQFT
  • $1,453

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,4503$1,4954$1,6005$1,650
$1,650
RENT COMPS ANALYSIS
  • 3737 Valencia Grove Ln Orlando, FL 2
    • 3 beds 3 baths ∙ 1,428 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,428 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.02
    •  
  • 10118 Arbor Ridge Trl Orlando, FL 1
    • 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 1977
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.99
    •  
  • 9307 Telfer Run Orlando, FL 3
    • 3 beds 2 baths ∙ 1,533 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,533 Sqft ∙ Built 1993
    LEASED 06/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.98
    •  
  • 2952 Delcrest Dr #3 Orlando, FL 4
    • 3 beds 2 baths ∙ 1,522 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,522 Sqft ∙ Built 1993
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.05
    •  
  • 3943 Greenview Pines Ct Orlando, FL 5
    • 3 beds 2 baths ∙ 1,568 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,568 Sqft ∙ Built 1986
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.05
    •  
PROPERTY LISTING DETAILS
Jose Hernandez
1.407.394.9890
La Rosa Realty Cw Properties L
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5917379
Last Updated: 01/17/2021
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