$1,850,000
Investment Summary
- Monthly Cash Flow
- -$8,877
- Cap Rate
- 0.4%
- Cash-on-Cash Return
- -25.0%
- Debt Coverage Ratio
- 0.06
- Internal Rate of Return (5 years)
- -20.1%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Located steps away from the golf practice facility, in the renowned Lake Nona Golf & Country Club, this modern, coastal-inspired, fully-renovated villa is truly one of a kind. This street is luxury living at its simplest and finest, with only 18 homes tucked along this quiet cul-de-sac street, all designed for privacy, low maintenance living & situated in a prime location near the incredible community amenities. This home enjoys breathtaking golf range sunset views in the back from your panoramic-screen, back patio views & lush conservation views with no neighbors in the front. With just over 2600 SF, this 1-story, 3 bedroom, 3.5 bath, dedicated office, 2-car garage home has been meticulously-maintained with no one occupying the home since the renovation. Lovely curb appeal boasting a beautiful herringbone pattern paver driveway, gorgeous, stacked stone feature wall, new garage door, new exterior lighting & beautiful, new lush landscaping. As you enter the spacious, covered front entry, walk in through the new modern, steel front door to see the open floor plan showcasing tremendous natural light high, 12 foot ceilings in the main living areas. Everything in the home flows cohesively and seamlessly with the same lovely wood-plank tile flooring throughout all main areas and every attention to detail. The gourmet kitchen is at the heart of the home with brand new soft-close cabinets, two large islands, one accommodating 3 barstools, elegant pendants, gorgeous quartzite counters, exquisite marble backsplash & new stainless-steel appliances. You will not be short of storage space in this kitchen along with the spacious interior utility room also filled with incredible oversized cabinets along with your washer & dryer and sink. This home is perfect for entertaining family and friends with the gourmet kitchen overlooking the dining room and family room. Everyone always stays connected while cooking, eating, watching a sporting event other than just chatting. Both the dining room and family room have exquisite chandeliers and they conveniently share a wet bar and builtin cabinetry for even more storage. The new office space is perfect as a small den, cocktail lounge or even a play area. It also offers direct access to the back patio. The generously-sized Primary Suite is perfectly positioned at the back of the home overlooking the gorgeous marble pavered patio along with the beautiful golf practice facility best viewed from your bay window sitting area. You can also enjoy sleeping in with the new electric, blackout shade screens covering the windows & sliders. No one will be disappointed with the large, spacious, gorgeous Primary Bath showcasing an incredible tile feature wall, unique accent lighting, free standing tub, walk-in shower, walk-in closet with built-ins and vanity with dual sinks. This home has a secondary Master Suite at the front of the home with a beautiful en-suite, including a huge walk- in shower, with skylight, walk-in closet with built-ins and dual sink vanity. The third bedroom also features a private en-suite with a floating vanity, large shower with beautiful marble tile accents and frameless glass. While everyone has their own private bedroom and bath, there is also an absolutely beautiful powder bath for your guests. All A-rated schools, within minutes of Orlando’s Intl Airport, Lake Nona’s Medical City, Boxi Park, USTA & situated between the 417 Greeneway & 528 Beachline. Don’t miss out on this unique opportunity!
Build Your Team
Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.
Agents
Match with investor-friendly agents who can help you find, analyze, and close your next deal
Lenders
Get the best funding…find investor-friendly lenders who specialize in your deal strategy
Property Managers
Transition to passive investing. Find a trusted property management partnership that lasts.
Tax Pros & Accountants
Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more
Location
Property Details
Parking
- Description: Garage
- Details: Covered, Driveway, Garage Door Opener, Garage Faces Side, Off Street, Parking Pad, Attached
- Garage Spaces: 2
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 3
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Total): 4.0
Interior Features
- # of Rooms: 10
- # of Stories: 1
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: Gable or Hip
- Roof Material: Tile
HOA
- Has HOA: Yes
- Association: Julie Childs
- HOA Fee: $2,025/quarterly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 072431471000140
- Lot Size: 8620 sqft
Property Information
- Property Type: Single Family Residence
- Style: Coastal, Florida
- Year Built: 1995
Tax Information
- Annual Tax: $17,817
Utilities
- Water & Sewer: Public
- Heating: Central
- Cooling: Central Air
Location
- County: Orange
Listing Details
Investment Summary
- Monthly Cash Flow
- -$8,877
- Cap Rate
- 0.4%
- Cash-on-Cash Return
- -25.0%
- Debt Coverage Ratio
- 0.06
- Internal Rate of Return (5 years)
- -20.1%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $1,850,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,480,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $370,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $55,500 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $425,500 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 2,614 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $708 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $1.53 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,480,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.625% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $9,477 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,485 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $280 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $11,242 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $4,000 | $48,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$240 | -$2,880 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,760 | $45,120 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 37% | -$1,485 | -$17,817 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$280 | -$3,360 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$320 | -$3,840 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$200 | -$2,400 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$200 | -$2,400 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | 17% | -$675 | -$8,100 |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 79% | -$3,160 | -$37,917 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $600 | $7,200 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$9,477 | -$113,724 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$8,877 | -$106,524 |