$1,020,000
Investment Summary
- Monthly Cash Flow
- -$3,011
- Cap Rate
- 2.6%
- Cash-on-Cash Return
- -15.4%
- Debt Coverage Ratio
- 0.42
- Internal Rate of Return (5 years)
- -10.9%
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
Nestled on a sprawling 2.24-acre lot with NO HOA in the highly sought after Tuscawilla Country Club community of Winter Springs, this exquisite 4-bedroom, 3.5-bathroom estate blends timeless elegance with everyday comfort. A grand circular driveway complete with an RV and boat parking pad—perfect for all your toys! Surrounded by mature landscaping and majestic live oak trees, the serene setting offers ultimate privacy and natural beauty. As you walk up, you will notice all new, French imported, exterior lighting as well as the gorgeous travertine walkway up to the home. Upon entry, you're greeted by an impressive updated stairway beneath soaring vaulted ceilings, complemented by a brand-new custom cast chandelier. To the right of the foyer is the formal family room with (1) 85 inch and (2) 75 inch Sony TVs and ample space for family gatherings. Off the family room is a versatile mother-in-law suite with its own HVAC system, water heater, separate septic and an updated full bath with an accessible walk-in shower, providing privacy and convenience for guests or extended family. To left of the foyer you have the formal, updated dining room. Adjacent to this space are dual, 2 zoned wine refrigerators with four separate temperature settings, perfect for wine enthusiasts. The expansive kitchen is a chef's dream, featuring an oversized island, abundant cabinetry, granite countertops, and a large walk-in pantry that could potentially be converted back into a half bath. The spacious kitchen with oversized island with range, opens straight into the living room adorned with a stunning accent wall featuring an electric fireplace. The Florida room is under air and could be used as a flex space for an office, play room or extra living area. There are two triple sliders leading to the pool perfect for opening up for large gatherings. Upstairs, the oversized master bedroom provides a serene retreat, complete with a beautiful sitting room that could serve as a nursery, spacious walk-in closet or an office/fitness room. The master bath is a sanctuary, featuring a shower, a separate jetted garden tub, and walk-in closets. Two additional bedrooms and a fully remodeled bathroom with elegant tile work and dual vanities complete the upper level. Throughout the home, 8-inch custom baseboards and high-end finishes add to the luxurious feel. Designed for entertaining, the outdoor space includes a beautiful saltwater pool overlooking a serene pond with a rebuilt custom composite dock to enjoy a glass of wine while watching the sunset or a spacious travertine fire pit that is also perfect for relaxing! There is an adorable play house with electric and AC. The meticulously landscaped grounds enhance the property's appeal, making it perfect for hosting large gatherings or enjoying peaceful evenings by the fire, all while overlooking the illuminated fountain in the pond. City has approved an additional 2500 sq. foot garage with in-law suite! UPDATES INCLUDE: 30 yr Architectural ROOF (11/2024) Sherwin Williams Exterior Paint (12/2024) French Imported exterior lighting 1/2025, Master Septic System with Pump 10/2024, First Floor Pella Windows and Doors in (2020/2021) Full Re-pipe in (2020) 3 New AC systems and Duct Work in 2019/2020, Spray Foam Insulation also between 1st & 2nd floor joists (2020) Raised and Leveled Floors in 2021, Porcelain Tile Flooring throughout, Travertine Entrance 2024, Saltwater Pool, New Interior Doors & Hardware. FLORIDA LIVING AT IT'S FINEST!
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Location
Property Details
Parking
- Description: Circular Driveway, Garage Door Opener, Guest, Off Street
- Details: Circular Driveway, Garage Door Opener, Guest, Off Street, Attached
- Garage Spaces: 2
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Partial): 2
- # of Baths (Total): 4.0
Interior Features
- # of Rooms: 10
- # of Stories: 2
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: IRR/Cathedral
- Roof Material: Shingle
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 1321305CX00001390
- Lot Size: 97700 sqft
Property Information
- Property Type: Single Family Residence
- Style: Traditional
- Year Built: 1979
Tax Information
- Annual Tax: $6,546
Utilities
- Water & Sewer: Public
- Heating: Central
- Cooling: Central Air
Location
- County: Seminole
Listing Details
Investment Summary
- Monthly Cash Flow
- -$3,011
- Cap Rate
- 2.6%
- Cash-on-Cash Return
- -15.4%
- Debt Coverage Ratio
- 0.42
- Internal Rate of Return (5 years)
- -10.9%
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:
| $1,020,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$816,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $204,000 |
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:
| $30,600 |
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:
| $234,600 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,595 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $284 |
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:
| $1.11 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $816,000 |
|---|---|
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:
| $5,225 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $546 |
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:
| $6,051 |
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. | 14% | -$546 | -$6,546 |
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. | n/a | n/a | n/a |
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 | 39% | -$1,546 | -$18,546 |
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:
| $2,214 | $26,568 |
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. | -$5,225 | -$62,700 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$3,011 | -$36,132 |