$870,000
Investment Summary
- Monthly Cash Flow
- -$1,593
- Cap Rate
- 4.0%
- Cash-on-Cash Return
- -9.6%
- Debt Coverage Ratio
- 0.64
- Internal Rate of Return (5 years)
- -5.3%
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
Beautiful Custom Golf & Lake View Pool Home with Luxury Features in Babcock National! Experience the perfect blend of elegance, comfort, and privacy in this stunning custom-built home, ideally situated to capture breathtaking golf course and lake views—without the worry of golf balls! With the tee box positioned back and to the left, you’ll enjoy serene vistas and minimal foot traffic. Inside, the spacious living room features a built-in entertainment center with a TV, cozy fireplace, and coffee table, creating the perfect gathering space. The front door showcases decorative glass with built-in blinds, and crown molding enhances every room. The luxurious master suite includes the bedroom furniture, a gorgeous vanity, a spa-like bathroom with a double-headed walk-in shower, soaking tub, and two walk-in closets. All draperies throughout the home are included. Enjoy your own private oasis with this stunning heated pool and Jacuzzi spa, featuring a tranquil waterfall for the ultimate in relaxation. The expansive sun deck offers plenty of space for lounging, entertaining, or simply soaking up the Florida sunshine. Take in the beautiful, open views while you swim, unwind in the spa, and enjoy the electric privacy screen on both sides of the pool area where you can relax and enjoy an evening under the stars in this perfect outdoor private retreat. The gourmet outdoor kitchen is crafted with granite and stone, complete with a refrigerator & gas grill, perfect for entertaining by the screened-in pool. There is also 20K hurricane-rated electric screens protect your porch and furniture from wind and rain. Guests will appreciate two private en suite bedrooms—one off the pool area with a walk-in shower, and another with a full bathroom and walk-in shower. Babcock National offers an unparalleled lifestyle centered around its stunning 18-hole championship golf course.Residents enjoy a vibrant social scene with a tropical Tiki bar, sparkling resort pool, and a variety of recreational options including tennis courts, pickleball courts, and bocce ball. Stay active with group fitness classes and a state-of-the-art gym, then unwind with a rejuvenating treatment at the full-service spa. For elegant evenings, savor gourmet meals in the formal dining room. This private, gated community blends relaxation, recreation, and refined living in the heart of Babcock Ranch. Every detail of this home has been thoughtfully designed for beauty, comfort, and peace of mind. Enjoy living in Babcock Ranch, America's first entirely solar-powered town, with access to multiple community pools, nature trails, with shopping and dining. Come enjoy the convenience living with festivals, farmer's markets, Concerts, Health gym and just a golf cart ride to the grocery store. There is so much to do with hundreds of clubs and activities planned every month. There is a K-12 neighborhood school with a brand new sports complex, including football, soccer and baseball fields. There are many playgrounds and parks, including multiple dog parks and a brand new skate park and six new parks along the nature trails. Babcock Ranch is a top master planned community and was featured on CNN and 60 Min for not losing any power or internet after hurricane Ian made a direct hit and Milton came very close. Beautiful parks and amenities let you experience SW Florida at its finest! Come live a better life at Babcock Ranch!
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: Attached, Driveway, Garage, Paved, ElectricVehicleChargingStations, GarageDoorOpener
- Details: Attached
- Garage Spaces: 2
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Total): 3.0
Interior Features
- # of Rooms: 6
- # of Stories: 1
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Block
- Roof Material: Shingle
- Pool: Yes
- Pool Community: Yes
HOA
- Has HOA: Yes
- Association: Babcock National Residential Association
- HOA Fee: $1,380/semi-annually
- Additional Association: Babcock Ranch Residential Association
- Additional HOA Fee: $423/quarterly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 422620114006
- Lot Size: 10525 sqft
Property Information
- Property Type: Single Family Residence
- Style: Florida
- Year Built: 2022
Tax Information
- Annual Tax: $14,175
Utilities
- Water & Sewer: Public
- Heating: Central
- Cooling: Central Air
Location
- County: Charlotte
Listing Details
Investment Summary
- Monthly Cash Flow
- -$1,593
- Cap Rate
- 4.0%
- Cash-on-Cash Return
- -9.6%
- Debt Coverage Ratio
- 0.64
- Internal Rate of Return (5 years)
- -5.3%
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:
| $870,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$696,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $174,000 |
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:
| $26,100 |
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:
| $200,100 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 2,811 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $310 |
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:
| $2.28 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $696,000 |
|---|---|
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:
| $4,457 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,181 |
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:
| $448 |
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:
| $6,086 |
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:
| $6,400 | $76,800 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$384 | -$4,608 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $6,016 | $72,192 |
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. | 18% | -$1,181 | -$14,175 |
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% | -$448 | -$5,376 |
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% | -$512 | -$6,144 |
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% | -$320 | -$3,840 |
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% | -$320 | -$3,840 |
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. | 6% | -$371 | -$4,452 |
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 | 49% | -$3,152 | -$37,827 |
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:
| $2,864 | $34,368 |
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. | -$4,457 | -$53,484 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$1,593 | -$19,116 |