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5548 Kingswood Dr Orlando, FL 32810

4 Beds 4 Baths 2,256 sqft Built 1969

$275,000

List Price

$1,790

$1.6K - $2K

Rent Est.

$78,625

Investment Est.

PROPERTY INFO

January 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1969
  • Price/Sqft : $121.90
  • 6 Days on Market
  • MLS # : O5914447
  • Updated Date : 01/05/2021 at 21:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,256 sqft
  • Baths : 3 full , 1 half
Listing Agent

First Lady Realty And Investments

Listing Agent's Description

Spacious 4B 3B Home in Kingswood Manor Community. This Inviting home has been painted on the exterior and renovated in the Kitchen to include a island. The Florida Room now converted to a 2nd Master Suite to include a Fireplace and shower. Laminate wood flooring in the family room, kitchen and Foyer area.This spacious home also incudes extra storage space in garage. With plenty of room for 2 cars. The spacious backyard already equipped with full grown fruit trees for backyard cookouts. The community has a Pool and Basketball court, convenient to Shopping plazas and mintues from I-4. This home is a must see to Appreciate. Schedule your showing today. Buyers agent please verify all measurements. Open House Sat. Jan 9 and Sun. Jan 10.

SEE MORE

MARKET HIGHLIGHTS

Orlando Market Report
  • 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: Kingswood Manor

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240kPrice in $69k253k

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

Neighborhood: Kingswood Manor

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
 

FINANCIALS

Learn how to read this

$247,500$302,500$275,000

PURCHASE PRICE

$1,611$1,969$1,790

RENT

DOWN PAYMENT
FINANCING
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FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,790
EXPENSES Loan Payment -$955
Property Tax -$356
Property Insurance -$171
Property Management Fees -$129
CASH FLOW
$179

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.

$275,000

PROJECTED PRICE

$1,790

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.01%
Appreciation Year (1-5) 9.2%
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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

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$78,625

INVESTMENT

$78,625

Down Payment		 $68,750
Rehab Estimate		 $5,750
Closing Costs		 $4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$955

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

7.92

YEARS SAVED

$28,149

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,790

    LIST RENT

  • $0.79

    LIST RENT PER SQFT

  • $1,872

    COMP ESTIMATED VALUE

  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,6953$1,7904$2,1005$2,300
$2,300
RENT COMPS ANALYSIS
  • 5548 Kingswood Dr Orlando, FL 3
    • 4 beds 4 baths ∙ 2,256 Sqft ∙ Built 1969 4 beds 4 baths ∙ 2,256 Sqft ∙ Built 1969
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,790
    • $0.79
    •  
  • 4428 Baybreeze Rd Orlando, FL 1
    • 3 beds 3 baths ∙ 2,028 Sqft ∙ Built 1975 3 beds 3 baths ∙ 2,028 Sqft ∙ Built 1975
    property image
    LEASED 08/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.81
    •  
  • 1814 Fairview Shores Dr Orlando, FL 2
    • 3 beds 2 baths ∙ 2,443 Sqft ∙ Built 1950 3 beds 2 baths ∙ 2,443 Sqft ∙ Built 1950
    property image
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.69
    •  
  • 1040 Windgrove Trl Maitland, FL 4
    • 4 beds 2 baths ∙ 2,390 Sqft ∙ Built 1970 4 beds 2 baths ∙ 2,390 Sqft ∙ Built 1970
    property image
    LEASED 07/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.88
    •  
  • 1009 Alfred Dr Orlando, FL 5
    • 4 beds 3 baths ∙ 2,456 Sqft ∙ Built 1967 4 beds 3 baths ∙ 2,456 Sqft ∙ Built 1967
    property image
    LEASED 10/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.94
    •  
PROPERTY LISTING DETAILS
LISTING AGENT
Meleta Carson
1.321.277.7000
First Lady Realty And Investments
BUYER AGENT
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
SOURCE
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5914447
Last Updated: 01/05/2021

All returns, cash flow, and appreciation estimates are projections. Please review our Disclaimer for more information.

All values are rounded to the nearest dollar.
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