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5415 Gambier Ct Orlando, FL 32839

4 Beds 2 Baths 1,599 sqft Built 1989

$269,900

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $168.79
  • 3 Days on Market
  • MLS # : T3289001
  • Updated Date : 02/06/2021 at 22:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,599 sqft
  • Baths : 2 full
Listing Agent

Evergreen Properties Usa, Inc.

Listing Agent's Description

Beautiful and spacious 4 bedrooms 2 bath home in South Point for you and your family. Completely remodeled like new. Conveniently located. Minutes from Millenia Mall, major shopping. You must see it to appreciate it!

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: South Pointe

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240kPrice in $69k253k

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

Neighborhood: South Pointe

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8761712

* 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
Palmetto Elementary School Primary Regular 1,147 77 3
Westridge Middle School Middle Regular 1,262 73 1
Oak Ridge High School High Magnet 2,633 127 3

Palmetto Elementary School

  • Education Level: Primary
  • # of students: 1,147
  • # of teachers: 77
3
GreatSchools Rating

Westridge Middle School

  • Education Level: Middle
  • # of students: 1,262
  • # of teachers: 73
1
GreatSchools Rating

Oak Ridge High School

  • Education Level: High
  • # of students: 2,633
  • # of teachers: 127
3
GreatSchools Rating
 

$242,910$296,890$269,900

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$937
Property Tax -$302
Property Insurance -$132
Property Management Fees -$129
CASH FLOW
-$10

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.

$269,900

PROJECTED PRICE

$1,490

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.01%
Appreciation Year (1-5) 10.5%
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

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$77,274

INVESTMENT

$77,274

Down Payment
$67,475
Rehab Estimate
$5,750
Closing Costs
$4,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$937

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,475
Loan Amount $202,425
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$12,609

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,490

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,255

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,000
1$1,0002$1,0503$1,4004$1,4905$1,559
$1,559
RENT COMPS ANALYSIS
  • 5415 Gambier Ct Orlando, FL 4
    • 4 beds 2 baths ∙ 1,599 Sqft ∙ Built 1989 4 beds 2 baths ∙ 1,599 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $0.93
    •  
  • 2625 Daybreeze Ct Orlando, FL 1
    • 3 beds 2 baths ∙ 1,318 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,318 Sqft ∙ Built 1988
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,000
    • $0.76
    •  
  • 2636 Daybreeze Ct Orlando, FL 2
    • 5 beds 3 baths ∙ 1,799 Sqft ∙ Built 1987 5 beds 3 baths ∙ 1,799 Sqft ∙ Built 1987
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,050
    • $0.58
    •  
  • 5144 Aventura Blvd Orlando, FL 3
    • 4 beds 2 baths ∙ 1,438 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,438 Sqft ∙ Built 1998
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.97
    •  
  • 2601 Pineway Dr Orlando, FL 5
    • 3 beds 2 baths ∙ 1,879 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,879 Sqft ∙ Built 1970
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,559
    • $0.83
    •  
PROPERTY LISTING DETAILS
Fook Snipper
1.407.248.8089
Evergreen Properties Usa, Inc.
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3289001
Last Updated: 02/06/2021
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