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

9036 Fort Jefferson Blvd Orlando, FL 32822

3 Beds 2 Baths 1,392 sqft Built 1994

$269,900

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $193.89
  • 3 Days on Market
  • MLS # : O5908288
  • Updated Date : 11/27/2020 at 13:16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,392 sqft
  • Baths : 2 full
Listing Agent

Sand Dollar Realty Group Inc

Listing Agent's Description

This beautiful home is very well maintained. It features high vaulted ceilings with three bedrooms, two baths, and an attached two car garage. This home has a large master suite that boasts a walk-in closet and master bathroom with large tub and walk-in glass shower. Upgrades include new roof (1/15) and new windows (10/17). If you are looking for privacy, you will like the home’s fenced backyard that backs up to a conservation area. No one will ever be allowed to build behind you! If you want convenience, you will be near shopping and dining and you will be only minutes away from expressways and the Orlando International Airport. Don't delay and set up your showing today. This turn key-ready home will not last long!

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • 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)

PRICE & RENT TRENDS

Neighborhood: Stonebridge

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240kPrice in $105k255k

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

Neighborhood: Stonebridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8941712

* 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
 

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

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$996
Property Tax -$307
Property Insurance -$119
HOA -$22
Property Management Fees -$139
CASH FLOW
-$42

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

$1,540

PROJECTED RENT

0.57%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.21%
Appreciation Year (1-5) 10.3%
Maintenance Year (1-5) 8.00%
Vacancy 6.01%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$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 55% down payment or higher enables the proceeds from the asset to cover all costs.

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,475
Loan Amount $202,425
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$9,368

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $1.11

    LIST RENT PER SQFT
  • $1,576

    COMP ESTIMATED VALUE
  • $1.13

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,5003$1,5404$1,6005$1,650
$1,650
RENT COMPS ANALYSIS
  • 9036 Fort Jefferson Blvd Orlando, FL 3
    • 3 beds 2 baths ∙ 1,392 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,392 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $1.11
    •  
  • 8730 Fort Shea Ave Orlando, FL 1
    • 3 beds 2 baths ∙ 1,251 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,251 Sqft ∙ Built 1993
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.12
    •  
  • 8154 Britt Dr Orlando, FL 2
    • 3 beds 2 baths ∙ 1,268 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,268 Sqft ∙ Built 1977
    LEASED 11/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.18
    •  
  • 8339 Fort Thomas Way Orlando, FL 4
    • 3 beds 2 baths ∙ 1,408 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,408 Sqft ∙ Built 1993
    LEASED 12/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.14
    •  
  • 8216 Sun Vista Way Orlando, FL 5
    • 4 beds 2 baths ∙ 1,515 Sqft ∙ Built 1995 4 beds 2 baths ∙ 1,515 Sqft ∙ Built 1995
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.09
    •  
PROPERTY LISTING DETAILS
Robert Arnold, Jr
1.407.389.7318
Sand Dollar Realty Group Inc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: O5908288
Last Updated: 11/27/2020
BESbswy