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$315,000

Sale Pending
1184 Calanda Ave, Orlando, FL 32807
3 Beds
2 Baths
1,162 Square Feet
0.11 Acres Lot
Built in 1983
Sale Pending
Units n/a
Checked: 1 day ago
Updated: Jul 08, 2025 at 03:09AM

Investment Summary


Monthly Cash Flow
-$384
Cap Rate
4.7%
Cash-on-Cash Return
-6.4%
Debt Coverage Ratio
0.76
Internal Rate of Return (5 years)
-2.2%

Property Description


0.11 Acres Lot
Built in 1983
Sale Pending
Units n/a

Under contract-accepting backup offers. Welcome to 1184 Calenda Avenue – a beautifully updated, single-story villa in a quiet gated community right in the heart of Orlando. This home has 3 spacious bedrooms and 2 full bathrooms, all thoughtfully designed with comfort and style in mind. Inside, you’ll love the bright and open feel, with modern vinyl flooring throughout and a completely updated kitchen featuring stone countertops and newer cabinetry. This home is move-in ready and perfectly located—just minutes from Downtown Orlando, great restaurants, shopping, and the airport. It’s an ideal spot for anyone looking for a low-maintenance, affordable home without sacrificing convenience or style. Whether you’re a first-time buyer, downsizing, or just want to be closer to the city, this charming villa checks all the boxes. *** The HVAC system is brand new (2025), the roof was replaced in 2024, and there's a new water heater as well, giving you peace of mind for years to come.

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: Association Community Managment
  • HOA Fee: $80/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Townhouse

Lot Information

  • Parcel ID: 342230889001220
  • Lot Size: 4759 sqft

Property Information

  • Property Type: Townhouse
  • Style: Florida
  • Year Built: 1983

Tax Information

  • Annual Tax: $3,328

Utilities

  • Water & Sewer: Public
  • Heating: Electric
  • Cooling: Central Air

Location

  • County: Orange

Listing Details


Listed by:
Victor Kosme Romualdo
CHARLES RUTENBERG REALTY ORLANDO
(352) 206-1473

Source:
Stellar MLS
MLS#: O6321799
Stellar MLS

Investment Summary


Monthly Cash Flow
-$384
Cap Rate
4.7%
Cash-on-Cash Return
-6.4%
Debt Coverage Ratio
0.76
Internal Rate of Return (5 years)
-2.2%

Purchase Details

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Purchase price:
$315,000
Amount financed:
-$252,000
Down payment:
$63,000
Closing costs:
$9,450
Rehab costs:
$0
Initial cash invested:
$72,450
Square feet:
1,162
Cost per square foot:
$271
Monthly rent per square foot:
$1.98

Financing Details

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Loan amount:
$252,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,614
Property tax:
$277
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,052

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$277-$3,328
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (3%)
3%-$80-$960
Total operating expenses: (41%)
41%-$932-$11,188

Cash Flow


Monthly Yearly
Net operating income:
$1,230 $14,760
Mortgage payments:
-$1,614 -$19,368
Cash flow:
$384 $4,608