Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4944 Hook Hollow Cir Orlando, FL 32837

4 Beds 3 Baths 2,488 sqft Built 1997

$375,000

List Price

$2,330

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 1997
  • Price/Sqft : $150.72
  • 4 Days on Market
  • MLS # : O5903846
  • Updated Date : 11/05/2020 at 19:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,488 sqft
  • Baths : 2 full , 1 half
Listing Agent

Kw Elite Partners Iii Realty

Listing Agent's Description

Welcome home! Don't miss the opportunity to own this beautiful Move In Ready, spacious, home in one of the most desirable communities in Hunters Creek. Situated on an oversized lot, this home features 4 bedrooms and 2.5 bathrooms, with a spacious floor plan that includes a huge owner's suite, family/nook area, upgrades to the floors and bathrooms, and new roof and plumbing. The owner's suite, located on the second level offers loft-like appeal and includes large walk-in closets for all your fashion needs. Down the hall are two gracious secondary bedrooms with ensuite bath and spacious closets. The kitchen features 42’’ cabinets, overlooks the family room, includes a closet pantry and has stainless steel appliances. This home is perfect for entertaining whether in the open kitchen, spacious great room, or the covered lanai. Enjoy privacy on the covered lanai with and enclosed gate for added privacy. The community is just minutes from premier shopping outlets, restaurants, Disney and all major highways. This home is a must see! Schedule your private viewing 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: Hunters Vista

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $105k408k

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

Neighborhood: Hunters Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10292281

* 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
 

$337,500$412,500$375,000

PURCHASE PRICE

$2,097$2,563$2,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,330
EXPENSES Loan Payment -$1,384
Property Tax -$419
Property Insurance -$185
HOA -$82
Property Management Fees -$210
CASH FLOW
$51

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.

$375,000

PROJECTED PRICE

$2,330

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.63%
Appreciation Year (1-5) 3.4%
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$0.0$5.0k$10k$15k

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$105,125

INVESTMENT

$105,125

Down Payment
$93,750
Rehab Estimate
$5,750
Closing Costs
$5,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,384

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $93,750
Loan Amount $281,250
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$24,522

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,330

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $2,407

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$2,225
1$2,2252$2,3003$2,3304$2,3955$2,400
$2,400
RENT COMPS ANALYSIS
  • 4944 Hook Hollow Cir Orlando, FL 3
    • 4 beds 3 baths ∙ 2,488 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,488 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $2,330
    • $0.94
    •  
  • 5066 Hook Hollow Cir Orlando, FL 1
    • 4 beds 3 baths ∙ 2,347 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,347 Sqft ∙ Built 1996
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,225
    • $0.95
    •  
  • 4916 Hook Hollow Cir Orlando, FL 2
    • 4 beds 3 baths ∙ 2,541 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,541 Sqft ∙ Built 1997
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.91
    •  
  • 14679 Braddock Oak Dr Orlando, FL 4
    • 4 beds 3 baths ∙ 2,396 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,396 Sqft ∙ Built 1999
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.00
    •  
  • 5003 Hook Hollow Cir Orlando, FL 5
    • 4 beds 3 baths ∙ 2,386 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,386 Sqft ∙ Built 1997
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.01
    •  
PROPERTY LISTING DETAILS
Jeanine Louis
1.407.595.8634
Kw Elite Partners Iii Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5903846
Last Updated: 11/05/2020
BESbswy