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9250 Cut Shot Dr Winter Garden, FL 34787

5 Beds 3 Baths 2,461 sqft Built 2018

$409,000

List Price

$2,320

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $166.19
  • 5 Days on Market
  • MLS # : S5044190
  • Updated Date : 01/13/2021 at 15:26
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,461 sqft
  • Baths : 3 full
Listing Agent

Multi Choice Realty Llc

Listing Agent's Description

Top rated school! Large families will enjoy this spacious two-story, Corner lot, five bedroom, three bathroom home. The kitchen leads into a family room and breakfast nook. The floorplan also includes a front porch, back patio, and a two car, rear load garage. This EVERYTHING INCLUDED home boasts kitchen overlooking the family room that acts as the heart of the home. Additional space includes a spacious master suite . This Ecosmart home has solar power to offset the electric bills & come fully connected with features like a Honeywell thermostat, Kevo lock and ring doorbell. Don't Miss out on this Innovative home found in the Heart of horizon's West just minutes from the Town Center Village. Surrounded by Panther Lake Golf Course, this community is designed with an active lifestyle in mind. Golf views will be available for select homesites. With easy access to Walt Disney World, Universal Studios, Winter Garden Village, and more, it’s easy to see why this area is growing fast! At Innovation at Panther View Manors, nature, beauty and community have come together to create a lifestyle unlike any other.

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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

Zip Code: 34787

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $110k361k

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

Zip Code: 34787

ZipNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10292322

* 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
 

$368,100$449,900$409,000

PURCHASE PRICE

$2,088$2,552$2,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,320
EXPENSES Loan Payment -$1,421
Property Tax -$479
Property Insurance -$183
HOA -$137
Property Management Fees -$129
CASH FLOW
-$29

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.

$409,000

PROJECTED PRICE

$2,320

PROJECTED RENT

0.57%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.63%
Appreciation Year (1-5) 6.4%
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$15k

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$114,135

INVESTMENT

$114,135

Down Payment
$102,250
Rehab Estimate
$5,750
Closing Costs
$6,135

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,421

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $102,250
Loan Amount $306,750
See What Happens When You Reinvest Cash Flow

4.67

YEARS SAVED

$19,850

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,320

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $2,307

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$2,288
1$2,2882$2,3003$2,3204$2,3505$2,400
$2,400
RENT COMPS ANALYSIS
  • 9250 Cut Shot Dr Winter Garden, FL 3
    • 5 beds 3 baths ∙ 2,461 Sqft ∙ Built 2018 5 beds 3 baths ∙ 2,461 Sqft ∙ Built 2018
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,320
    • $0.94
    •  
  • 9069 Pinch Shot Dr Winter Garden, FL 1
    • 5 beds 3 baths ∙ 2,461 Sqft ∙ Built 2019 5 beds 3 baths ∙ 2,461 Sqft ∙ Built 2019
    property image
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,288
    • $0.93
    •  
  • 9153 Pinch Shot Dr Winter Garden, FL 2
    • 5 beds 3 baths ∙ 2,455 Sqft ∙ Built 2018 5 beds 3 baths ∙ 2,455 Sqft ∙ Built 2018
    property image
    LEASED 12/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.94
    •  
  • 9124 Cut Shot Dr Winter Garden, FL 4
    • 5 beds 3 baths ∙ 2,455 Sqft ∙ Built 2019 5 beds 3 baths ∙ 2,455 Sqft ∙ Built 2019
    property image
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.96
    •  
  • 7118 Desert Mandarin St Winter Garden, FL 5
    • 4 beds 3 baths ∙ 2,612 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,612 Sqft ∙ Built 2017
    property image
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.92
    •  
PROPERTY LISTING DETAILS
Yunfei Liu
1.941.928.8573
Multi Choice Realty Llc
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: S5044190
Last Updated: 01/13/2021
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