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

7271 Sunny Meadow Aly Windermere, FL 34786

3 Beds 3 Baths 2,461 sqft Built 2015

$469,000

List Price

$2,250

$2K - $2.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $190.57
  • 4 Days on Market
  • MLS # : O5930757
  • Updated Date : 03/19/2021 at 08:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,461 sqft
  • Baths : 2 full , 1 half
Listing Agent

Suzi Karr Realty

Listing Agent's Description

This stately contemporary home is ideally situated on a premium FENCED corner lot just steps from the resort style community pool and clubhouse. This home is like new and features over $110,000 for interior upgrades alone! The entire home has a clean and contemporary design aesthetic with 12 x 24 premium tile, smooth walls and ceilings with serene color, quartz countertops, flat panel 42” cabinets, tumbled marble and glass backsplash, and designer lighting. Tons of windows and double French doors provide abundant natural light for a bright and airy ambience. A sociable kitchen is the heart of every home and this one offers a large island with seating, stainless appliances and an open flow into the family room, dining room and large screened lanai for the ultimate space to entertain family and friends. The lanai is plumbed for a summer kitchen. The FENCED yard is complete with a play area and tons of room for family and pets to run and play. Professionally landscaped with a well manicured lawn, the property is the envy of the neighborhood. Upstairs, the master suite is a harmonious retreat with French doors to a private balcony offering views and a mini putting green, a huge walk-in closet and a luxurious bath suite featuring a rain shower and jetted tub. The additional bedrooms are large and bright with space to inspire creativity in any student or relaxation for any guest. The bathrooms are upgraded with premium cabinetry and quartz countertops. Ashlin Park is conveniently located for easy access to highways, theme parks, dining and shopping. Schools are EXCELLENT. This house is truly a MUST SEE! All information intended to be accurate but BUYER SHOULD VERIFY ALL MEASUREMENTS, SQ. FOOTAGE, HOA RESTRICTIONS AND FEES.

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

Zip Code: 34786

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $110k508k

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

Zip Code: 34786

ZipNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000Rent in $10293062

* 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
Sunset Park Elementary School Primary Regular 1,242 83 7
Bridgewater Middle School Middle Regular 1,373 72 6
Windermere High School High Regular NA

Sunset Park Elementary School

  • Education Level: Primary
  • # of students: 1,242
  • # of teachers: 83
7
GreatSchools Rating

Bridgewater Middle School

  • Education Level: Middle
  • # of students: 1,373
  • # of teachers: 72
6
GreatSchools Rating

Windermere High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$422,100$515,900$469,000

PURCHASE PRICE

$2,025$2,475$2,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,250
EXPENSES Loan Payment -$1,629
Property Tax -$549
Property Insurance -$172
HOA -$75
Property Management Fees -$129
CASH FLOW
-$305

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.

$469,000

PROJECTED PRICE

$2,250

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.63%
Appreciation Year (1-5) 4.1%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

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$130,035

INVESTMENT

$130,035

Down Payment
$117,250
Rehab Estimate
$5,750
Closing Costs
$7,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,629

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $117,250
Loan Amount $351,750
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$6,741

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,250

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $2,274

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,2003$2,2504$2,2855$2,350
$2,350
RENT COMPS ANALYSIS
  • 7271 Sunny Meadow Aly Windermere, FL 3
    • 3 beds 3 baths ∙ 2,280 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,280 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.99
    •  
  • 11007 Bagley Aly Windermere, FL 1
    • 4 beds 3 baths ∙ 2,190 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,190 Sqft ∙ Built 2017
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.96
    •  
  • 7237 Rambling Water Way Windermere, FL 2
    • 3 beds 3 baths ∙ 2,218 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,218 Sqft ∙ Built 2016
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.99
    •  
  • 7229 Sunny Meadow Aly Windermere, FL 4
    • 4 beds 3 baths ∙ 2,365 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,365 Sqft ∙ Built 2016
    LEASED 02/16/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,285
    • $0.97
    •  
  • 7231 Rambling Water Way Windermere, FL 5
    • 3 beds 3 baths ∙ 2,193 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,193 Sqft ∙ Built 2016
    LEASED 10/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.07
    •  
PROPERTY LISTING DETAILS
Denise Crabbe
1.407.592.0692
Suzi Karr Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5930757
Last Updated: 03/19/2021
BESbswy