$425,000
Investment Summary
- Monthly Cash Flow
- -$1,319
- Cap Rate
- 2.4%
- Cash-on-Cash Return
- -16.2%
- Debt Coverage Ratio
- 0.39
- Internal Rate of Return (5 years)
- -11.7%
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
Welcome to your dream home in the GATED COMMUNITY of WATERBROOKE, perfectly positioned with easy access to major roadways including HWY 50/W COLONIAL, HWY 27, FLORIDA’S TURNPIKE, and the 429—making all of CENTRAL FLORIDA easily within reach. Enjoy the charm and convenience of being just minutes from HISTORIC DOWNTOWN CLERMONT, the WEST ORANGE TRAIL, DOWNTOWN WINTER GARDEN, and a vibrant mix of DINING, SHOPPING, and ENTERTAINMENT. This stunning 3-BEDROOM, 3-FULL BATHROOM VILLA showcases the best of FLORIDA LIVING, starting with a COVERED, EXTENDED, and SCREENED-IN PATIO that overlooks a breathtaking WEST-FACING WATER VIEW. Directly across the lake, you'll find Waterbrooke’s exceptional RECREATION CENTER featuring a CLUBHOUSE, FITNESS CENTER, RESORT-STYLE POOL, SPLASH PAD, PLAYGROUND, PAW PARK, YOGA LAWN, and plenty of LOUNGE SEATING. The community also offers TREE-LINED STREETS, WALKING PATHS, NATURE TRAILS, and tranquil WATER VIEWS throughout. This villa is truly LOW-MAINTENANCE living at its finest, with the association fee covering everything from landscaping to exterior paint and future roof replacement. Additional services include Common Area Taxes, Escrow Reserves Fund, Insurance, Grounds, On-Site Management, Pest Control, Private Roads, Recreational Facilities and Trash Removal—giving you peace of mind and more time to enjoy your surroundings. Step inside through a charming COVERED ENTRY into a bright and welcoming FOYER and GREAT ROOM, highlighted by LUXURY VINYL PLANK FLOORING with a rich walnut finish, LED LIGHTING, and windows adorned with WOODEN BLINDS. The heart of the home is the DESIGNER KITCHEN, outfitted with STAINLESS STEEL WHIRLPOOL APPLIANCES, SOLID WOOD CABINETRY, QUARTZ COUNTERTOPS, and a STACKED GLASS TILE BACKSPLASH. The OVERSIZED ISLAND features a SINGLE-BASIN FARMHOUSE SINK, PULL-DOWN FAUCET, ADDITIONAL STORAGE, and a BREAKFAST BAR, ideal for casual dining or entertaining. Adjacent to the kitchen is a spacious DINING AREA with ample room for a large table and a CLOSET PANTRY for added convenience. The FAMILY ROOM flows seamlessly to the outdoors through SLIDING GLASS DOORS, perfectly framing the LAKE VIEW. The PRIMARY SUITE is a serene retreat with WATER VIEWS, a CEILING FAN, a luxurious ENSUITE BATH featuring a large WALK-IN SHOWER, DUAL VANITIES with QUARTZ COUNTERTOPS, and an expansive WALK-IN CLOSET. Both SECONDARY BEDROOMS include CEILING FANS, BUILT-IN CLOSETS, and private access to full bathrooms just steps away. An UPSTAIRS LOFT provides versatile space for an ADDITIONAL SLEEPING AREA, HOME OFFICE, or MEDIA ROOM. Additional features include an INDOOR LAUNDRY ROOM with WHIRLPOOL WASHER AND DRYER, and a 2-CAR GARAGE with EXTRA DRIVEWAY PARKING. Don’t miss this golden opportunity to call this MOVE-IN READY, LAKEVIEW VILLA your very own oasis in one of CLERMONT’S MOST DESIRABLE COMMUNITIES!
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: Finished
- Details: Driveway, Garage Door Opener, Attached
- Garage Spaces: 2
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 3
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Total): 3.0
Interior Features
- # of Rooms: 13
- # of Stories: 1
Exterior Features
- Exterior Walls Materials: Brick Veneer
- Foundation: Slab
- Roof Material: Shingle
HOA
- Has HOA: Yes
- Association: Leland Management/Tamara Nunez
- HOA Fee: $316/monthly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 272226020400059700
- Lot Size: 5362 sqft
Property Information
- Property Type: Townhouse
- Style: Craftsman
- Year Built: 2022
Tax Information
- Annual Tax: $6,614
Utilities
- Water & Sewer: Public
- Heating: Central, Electric, Exhaust Fan
- Cooling: Central Air
Location
- County: Lake
Listing Details
Investment Summary
- Monthly Cash Flow
- -$1,319
- Cap Rate
- 2.4%
- Cash-on-Cash Return
- -16.2%
- Debt Coverage Ratio
- 0.39
- Internal Rate of Return (5 years)
- -11.7%
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:
| $425,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$340,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $85,000 |
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:
| $12,750 |
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:
| $97,750 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 1,890 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $225 |
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:
| $1.32 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $340,000 |
|---|---|
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:
| $2,177 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $551 |
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:
| $175 |
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:
| $2,903 |
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:
| $2,500 | $30,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$150 | -$1,800 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $2,350 | $28,200 |
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. | 22% | -$551 | -$6,614 |
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% | -$175 | -$2,100 |
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% | -$200 | -$2,400 |
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% | -$125 | -$1,500 |
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% | -$125 | -$1,500 |
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. | 13% | -$316 | -$3,792 |
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 | 60% | -$1,492 | -$17,906 |
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:
| $858 | $10,296 |
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. | -$2,177 | -$26,124 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$1,319 | -$15,828 |