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7831 Bear Claw Run Orlando, FL 32825

4 Beds 3 Baths 2,335 sqft Built 2005

$338,500

List Price

$1,800

$1.6K - $2K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $144.97
  • 2 Days on Market
  • MLS # : S5042641
  • Updated Date : 11/14/2020 at 18:31
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,335 sqft
  • Baths : 2 full , 1 half
Listing Agent

Olympus Executive Realty Inc

Listing Agent's Description

Beautifully renovated spacious home. New Roof, New Appliances, New Privacy Fence, New Storage Shed! This is a Lovely home near the Orange count Library, Valencia community college, University of Central Florida and other attractive areas! The Interior of this home looks brand new. The home features Granite Counter tops in the Kitchen and Bathrooms, brand new tile and Carpet throughout, a wonderful layout, spacious upstairs loft and large fenced backyard, perfect for entertaining. Don't miss out!

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: Chickasaw Place

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $69k265k

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

Neighborhood: Chickasaw Place

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
 

$304,650$372,350$338,500

PURCHASE PRICE

$1,620$1,980$1,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,800
EXPENSES Loan Payment -$1,249
Property Tax -$385
Property Insurance -$176
HOA -$50
Property Management Fees -$162
CASH FLOW
-$222

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.

$338,500

PROJECTED PRICE

$1,800

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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

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$95,453

INVESTMENT

$95,453

Down Payment
$84,625
Rehab Estimate
$5,750
Closing Costs
$5,078

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,249

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $84,625
Loan Amount $253,875
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$2,281

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,800

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,897

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,745
1$1,7452$1,8003$1,8004$1,8975$2,050
$2,050
RENT COMPS ANALYSIS
  • 7831 Bear Claw Run Orlando, FL 3
    • 4 beds 3 baths ∙ 2,335 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,335 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.77
    •  
  • 622 Short Pine Cir #2 Orlando, FL 1
    • 4 beds 2 baths ∙ 2,144 Sqft ∙ Built 1991 4 beds 2 baths ∙ 2,144 Sqft ∙ Built 1991
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,745
    • $0.81
    •  
  • 7906 Napoleon St Orlando, FL 2
    • 3 beds 3 baths ∙ 2,160 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,160 Sqft ∙ Built 2016
    LEASED 12/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.83
    •  
  • 8606 Villa Nova St #1 Orlando, FL 4
    • 3 beds 2 baths ∙ 2,368 Sqft ∙ Built 1988 3 beds 2 baths ∙ 2,368 Sqft ∙ Built 1988
    LEASED 05/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,897
    • $0.80
    •  
  • 7613 Bear Claw Run Orlando, FL 5
    • 4 beds 4 baths ∙ 2,518 Sqft ∙ Built 2006 4 beds 4 baths ∙ 2,518 Sqft ∙ Built 2006
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.81
    •  
PROPERTY LISTING DETAILS
Margarita Morales
1.321.276.1658
Olympus Executive Realty Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: S5042641
Last Updated: 11/14/2020
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