$495,000
Investment Summary
- Monthly Cash Flow
- -$1,298
- Cap Rate
- 3.0%
- Cash-on-Cash Return
- -13.7%
- Debt Coverage Ratio
- 0.49
- Internal Rate of Return (5 years)
- -9.2%
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 divided by initial cash invested.
Calculation:
Annual Cash Flow / 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.
Calculation:
(Future Value / Present Value) ** (1 / Years) - 1
Property Description
Enjoy Florida living on a large scale at this move-in ready home nestled within Kissimmee's esteemed The Oaks golf community. This impressive 3,486-square-foot residence offers a harmonious blend of elegance and comfort, making it the perfect home for those who appreciate both style and practicality. From the moment you step inside, you'll be captivated by the home’s spacious design and sophisticated details. Gleaming real wood floors stretch through much of the first floor, creating a warm and inviting atmosphere. To the left of the foyer, the formal living and dining areas are adorned with double crown moldings, adding an extra touch of refinement. On the right, a convenient laundry room and half-bathroom ensure functionality without sacrificing style. The kitchen features Corian countertops, like-new appliances, a large island with breakfast bar, and a cozy bay window with plantation shutters in the dinette. Overlooking the kitchen, the spacious family room provides the perfect setting for gatherings, offering an open-concept design that encourages connection and conversation. Just off the family room, the first-floor owner’s suite serves as a private retreat, complete with a walk-in closet and en suite bathroom with a garden tub, separate shower, dual sinks, and linen closet. Upstairs, the home continues to impress with its generously sized secondary bedrooms, each featuring brand-new plush carpeting. At the center of the second level, the loft provides a versatile space that can be used as a game room, movie room, or upstairs family room. An additional room off the loft offers the flexibility to be transformed into a home office, 5th bedroom, home gym, or anything that suits your lifestyle. Step outside to the backyard and experience true tranquility. With no rear neighbors and a stunning conservation view, this outdoor space offers privacy and a serene backdrop to enjoy nature. Whether you're sipping your morning coffee on the covered and screen-enclosed patio or hosting a weekend barbecue, this setting is both peaceful and inviting. Additional amenities include an attached 2-car garage, NEW ROOF installed in 2023, brick paver driveway and front walk, and screened front vestibule. Living in The Oaks means more than just owning a beautiful home—it means being part of a community that offers incredible amenities. Residents enjoy access to tennis courts (also lined for pickleball), a playground, and, of course, the breathtaking golf course. The location is unbeatable, with easy access to shopping, dining, major theme parks, and all the best that Florida has to offer. Whether you’re an avid golfer, a family looking for the perfect place to settle, or someone who desires a spacious home that blends luxury with convenience, 2081 The Oaks Boulevard is an exceptional choice. Experience the unique combination of elegance and relaxation this home provides—schedule your private showing today.
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Location
Property Details
Parking
- Description: Finished
- Details: Driveway, Garage Door Opener, Attached
- Garage Spaces: 2
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Partial): 1
- # of Baths (Total): 4.0
Interior Features
- # of Rooms: 14
- # of Stories: 2
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: Gable or Hip
- Roof Material: Shingle
HOA
- Has HOA: Yes
- Association: Thomas Prince
- HOA Fee: $287/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 322529183900015370
- Lot Size: 7200 sqft
Property Information
- Property Type: Single Family Residence
- Style: Florida, Other
- Year Built: 2004
Tax Information
- Annual Tax: $8,033
Utilities
- Water & Sewer: Public
- Heating: Central, Electric, Zoned
- Cooling: Central Air, Zoned
Location
- County: Osceola
Listing Details
Investment Summary
- Monthly Cash Flow
- -$1,298
- Cap Rate
- 3.0%
- Cash-on-Cash Return
- -13.7%
- Debt Coverage Ratio
- 0.49
- Internal Rate of Return (5 years)
- -9.2%
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 divided by initial cash invested.
Calculation:
Annual Cash Flow / 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.
Calculation:
(Future Value / Present Value) ** (1 / Years) - 1
Purchase Details
|
The price paid for the property. Purchase price:
| $495,000 |
|---|---|
|
The amount of the purchase financed through a loan. Amount financed:
| -$396,000 |
Down paymentThe initial payment made towards the purchase. Calculation:Purchase price - Amount financed Down payment:
| $99,000 |
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:
| $14,850 |
|
Costs incurred to repair or improve the property. Rehab costs:
| $0 |
Initial cash investedTotal initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $113,850 |
|
The total square footage (SQFT) of the property. Square feet:
| 3,486 |
|
Cost per square foot of the property. Calculation:Purchase price / Square feet Cost per square foot:
| $142 |
|
Monthly rent divided by square footage. Calculation:Monthly rent / Square feet Monthly rent per square foot:
| $0.80 |
Financing Details
Loan amountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $396,000 |
|---|---|
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% |
Principle & Interest (PI)The principle is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money.
Principle & interest:
| $2,536 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. Calculation:Assumes 12% of gross rental income, unless public tax records are available.
Property tax:
| $670 |
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:
| $196 |
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 |
|
The 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:
| $3,402 |
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:
| $2,800 | $33,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$168 | -$2,016 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $2,632 | $31,584 |
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. Calculation:Assumes 12% of gross rental income, unless public tax records are available. | 24% | -$670 | -$8,034 |
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% | -$196 | -$2,352 |
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% | -$224 | -$2,688 |
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% | -$140 | -$1,680 |
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% | -$140 | -$1,680 |
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. Calculation:Assumes 0% gross rental income, unless specified.. | 1% | -$24 | -$288 |
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 | 50% | -$1,394 | -$16,722 |
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:
| $1,238 | $14,856 |
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. | -$2,536 | -$30,432 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $1,298 | $15,576 |