$2,399,999
Investment Summary
- Monthly Cash Flow
- -$8,923
- Cap Rate
- 1.7%
- Cash-on-Cash Return
- -19.4%
- Debt Coverage Ratio
- 0.27
- Internal Rate of Return (5 years)
- -14.7%
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
Luxury Living in the Heart of Lake Nona – Designer-Enhanced Estate with Exceptional Upgrades Welcome to refined elegance and everyday comfort in this meticulously upgraded luxury residence, ideally situated in the sought-after, gated community of Laurel Pointe Lake Nona. Boasting timeless curb appeal with a welcoming covered front porch and grand double-door entry, this home opens to a dramatic two-story foyer with soaring 25-foot ceilings, setting the tone for the spacious and sophisticated layout that unfolds throughout. The expansive great room features a coffered ceiling, custom wood beams, and a built-in entertainment center with floating exotic wood shelves and a fireplace—perfectly anchored for gatherings or quiet evenings. At the heart of the home, the chef’s kitchen is a true showpiece. It features an oversized quartz island, natural hand-cut stone backsplash in a striking double herringbone pattern, and a full suite of premium KitchenAid luxury appliances. Solid wood cabinetry with dovetail drawers and soft-close hardware reflects exceptional craftsmanship and timeless quality. The kitchen is further enhanced by a spacious walk-in pantry and a butler’s pantry—blending beauty with function for the ultimate culinary experience. A bright casual dining area offers views of the backyard retreat, making every meal feel special. The private primary suite on the main level is a true sanctuary, highlighted by custom wood beams, a designer muted gray shiplap accent wall, dual walk-in closets, and a spa-inspired bath featuring a large soaking tub, expansive luxe shower, dual vanities, and a private water closet. A downstairs guest suite offers flexibility and privacy for visitors. Upstairs, a generous loft with built-in entertainment center and exotic wood floating shelves is surrounded by spacious secondary bedrooms—two with a shared bath and separate vanity areas, one with a hall bath, and one with an en-suite featuring a barn door and cozy window bench. The second primary suite on the second floor offers exceptional space and style, featuring a cedar-accented, herringbone natural stone wall and its own private bath—ideal for multi-generational living or luxurious guest accommodations. Outdoor Living & Pool Retreat Step outside into a true resort-style oasis designed for both relaxation and entertaining. The saltwater pool features a PebbleTec finish and is surrounded by elegant white quartz cut stone decking. A thoughtfully designed sun shelf with in-pool loungers invites lazy afternoons, while the sparkling charcoal mosaic tile spa creates a dazzling focal point with room for a crowd. The self-cleaning pool system adds effortless convenience, complemented by a full cabana bath and a covered lanai with cedar barnboard ceiling and wall accents for added warmth and luxury. Entertain in style with a resort-inspired pergola dressed in flowing curtains, and a built-in outdoor kitchen equipped with a high-end stainless steel Paradise Grill, an oversized stainless range hood, and generous prep space. Retractable electric screens and sunshades create a seamless transition between indoor and outdoor living. Additional: Board & batten accent wall in the foyer Glass barn doors to the flex room/office Mudroom with custom drop zone Built-in sound system in kitchen, family room, and lanai Plantation shutters throughout Guardian garage flooring with overhead storage Water softener system Security system pre-wire
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Location
Property Details
Parking
- Description: Driveway, Garage Door Opener
- Details: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Side, Golf Cart Garage, Off Street, Oversized, Attached
- Garage Spaces: 3
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 6
Bathroom Information
- # of Baths (Full): 6
- # of Baths (Partial): 1
- # of Baths (Total): 7.0
Interior Features
- # of Rooms: 13
- # of Stories: 2
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Block, Slab
- Roof Type: Gable or Hip
- Roof Material: Shingle
- Pool: Yes
HOA
- Has HOA: Yes
- Association: First Service residential
- HOA Fee: $248/monthly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 312431487600120
- Lot Size: 9815 sqft
Property Information
- Property Type: Single Family Residence
- Style: Coastal, Custom
- Year Built: 2024
Tax Information
- Annual Tax: $29,434
Utilities
- Water & Sewer: Public
- Heating: Central, Electric
- Cooling: Central Air, Zoned, Attic Fan
Location
- County: Orange
Listing Details
Investment Summary
- Monthly Cash Flow
- -$8,923
- Cap Rate
- 1.7%
- Cash-on-Cash Return
- -19.4%
- Debt Coverage Ratio
- 0.27
- Internal Rate of Return (5 years)
- -14.7%
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:
| $2,399,999 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,919,999 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $480,000 |
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:
| $72,000 |
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:
| $552,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,954 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $484 |
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:
| $1.78 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,919,999 |
|---|---|
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:
| $12,294 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,453 |
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:
| $15,363 |
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. | 28% | -$2,453 | -$29,434 |
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. | 3% | -$248 | -$2,976 |
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 | 56% | -$4,901 | -$58,810 |
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:
| $3,371 | $40,452 |
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. | -$12,294 | -$147,528 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $8,923 | $107,076 |