$1,489,000
Investment Summary
- Monthly Cash Flow
- -$3,213
- Cap Rate
- 3.7%
- Cash-on-Cash Return
- -11.3%
- Debt Coverage Ratio
- 0.59
- Internal Rate of Return (5 years)
- -6.9%
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
Seller says SELL! Welcome home to 15466 Panther Lake Dr, Winter Garden, FL 34787! Presenting the Maranello Spanish Colonial Estate, crafted by award-winning Toll Brothers, known for setting the standards for Luxury! Sellers extended the footprint and added niche features you will appreciate when you tour this home! Situated on .30 acres you will enjoy 230ft of fully fenced backyard space and plenty of room for a pool. This exceptional residence offers 5 bedrooms, 5.5 baths, open loft/ bonus room, a beautiful covered balcony, covered and screened (remote screen) lanai, and split 3 car garage. Impressive governor's entrance with circular drive as well as a private courtyard with wrought iron gate. This home is ideal for gathering and entertaining, the kitchen features an impressive 12ft island with storage and all cabinets feature pull out shelving. The Chefs of the home will appreciate the natural gas 6 burner range (vented range hood) and the JennAir built in oven, microwave, dishwasher and Sub Zero refrigerator. Tons of extended, stacked cabinets and a coffee station with wine refrigerator are thoughtful touches that have been added. Huge walk in pantry that is worthy of trips to Costco! The Family Room blends well to the Dining Room and each space features Tray Ceiling details. The Primary bedroom is tucked away and was extended by seller. You will love the incredible en-suite with rain head shower and bench seat that could be used like a steam shower! Dual sink vanity with make up area and amazing soaking tub for relaxing after a game of golf! Bedroom 2 is on the main floor with its own en-suite and was extended on size. It could be a Jr Suite, features a walk in closet and a walk in shower. Upstairs, retreat to the open loft which is a great game space, lounge or exercise space. Enjoy the covered balcony area for extra living space, great spot for reading or setting up a telescope to catch the stars! The secondary rooms upstairs are very spacious and ample room for desk and play areas or office space for anyone that works from home. You can see the Disney Fireworks from one of the loft area upstairs! Double pocket sliders provide beautiful access to the covered lanai with views of the back yard and the dry pond. The covered lanai is pre-plumbed for an outdoor kitchen and an outdoor fireplace. Laundry is on the main floor and has a gas connection, washer and dryer included. Large "Mud Room" entry from the 2 car garage which is a great space before entering the main living space. Enjoy Mango, Barbados Cherry Trees and beautiful Plumeria when it's blooming season. Your HOA INCLUDES LAWN CARE, INTERNET AND CABLE. Lakeshore residents enjoy unparalleled amenities, including the chance to watch Disney’s Magic Kingdom fireworks over Panther Lake. The community offers a 4,132-square-foot clubhouse, resort- style pool, state-of-the-art fitness center, yoga room, beach volleyball courts, fire pit, kayak launch, and more. Conveniently located near the 429, Windermere, the Florida Turnpike and Disney's Theme Parks! Highly rated schools and few minutes to downtown Winter Garden. Minutes to Orange County National Golf, Orlando Health, and the shops/dining at Hamlin. Please take a moment to watch the incredible video of this home and call for your private showing.
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Location
Property Details
Parking
- Description: Garage
- Details: Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Side, Garage, Attached
- Garage Spaces: 3
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Full): 4
- # of Baths (Total): 6.0
Interior Features
- # of Rooms: 10
- # of Stories: 2
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: Gable or Hip
- Roof Material: Tile
HOA
- Has HOA: Yes
- Association: First Service Residential/Lorena Neves
- HOA Fee: $447/monthly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 052427533102300
- Lot Size: 12999 sqft
Property Information
- Property Type: Single Family Residence
- Style: Mediterranean
- Year Built: 2019
Tax Information
- Annual Tax: $12,472
Utilities
- Water & Sewer: Public
- Heating: Central, Natural Gas
- Cooling: Central Air
Location
- County: Orange
Listing Details
Investment Summary
- Monthly Cash Flow
- -$3,213
- Cap Rate
- 3.7%
- Cash-on-Cash Return
- -11.3%
- Debt Coverage Ratio
- 0.59
- Internal Rate of Return (5 years)
- -6.9%
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:
| $1,489,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,191,200 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $297,800 |
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:
| $44,670 |
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:
| $342,470 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,453 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $334 |
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:
| $1.98 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,191,200 |
|---|---|
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:
| 6.840% |
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:
| $7,798 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,039 |
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:
| $616 |
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:
| $9,453 |
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:
| $8,800 | $105,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$528 | -$6,336 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $8,272 | $99,264 |
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. | 12% | -$1,039 | -$12,472 |
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% | -$616 | -$7,392 |
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% | -$704 | -$8,448 |
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% | -$440 | -$5,280 |
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% | -$440 | -$5,280 |
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. | 5% | -$448 | -$5,376 |
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 | 42% | -$3,687 | -$44,248 |
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:
| $4,585 | $55,020 |
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. | -$7,798 | -$93,576 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $3,213 | $38,556 |