Property Report :

1634 Presidio Dr, Clermont, FL 34711

Real Estate Analysis

Created on: Apr 16, 2025

Author: Vanessa Jordan

Company: Vanessa Jordan, PA

1634 Presidio Dr, Clermont, FL 34711

Singlefamily: 4 bedrooms , 2 bathrooms

Year built: 2001, Size: 2134 SF

Investment strategy: Rental Property

Purchase Price$ 400,000

Rent$ 2,600/mo

Monthly Cash Flow$ -218

Cash on Cash Return-3.02 %

Financial Analysis

Cash on Cash Return	-3.02 %
Internal Rate of Return (IRR)	11.28 %
Capitalization Rate	5.42 %
Gross Rent Multiplier (GRM)	12.82
Debt-coverage Ratio (DCR)	0.89
Operating Expense Ratio (OER)	22.86 %

Financial Breakdown

Purchase Price	$ 400,000
Purchase Costs	$ 6,400
Repair/Construction Costs	$ 0
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 406,400
Financing	$ 320,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 86,400
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 86,400
Cash During Rehab Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction. Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction.	$ 0

Operating Analysis

Rent	$ 2,600/mo
Gross Operating Income (GOI)	$ 28,080
Total Expenses	$ 6,420
Net Operating Income (NOI)	$ 21,660
Annual Debt Service	$ 24,271
Cash Flow Before Taxes (CFBT)	$ -2,611
Income Tax Liability	$ -2,668
Cash Flow After Taxes (CFAT)	$ 56

Welcome to your new perfect 4 bedroom 2 bath home with a POOL! This 2100+ square foot home sits on the beautiful hills of Clermont and features a den and a flex area. This home has a NEWER ROOF 2017 and NEW HVAC 2021 system. The living room and kitchen are perfectly situated for gatherings of friends and families. The primary bedroom features a walk-in closet and an en suite bathroom with a separate shower/bathtub area. Enjoy the incredible panoramic views of nearby Citrus Tower and surrounding hills from the comfort of your screened-in back patio. Take advantage of this conveniently home located in one of the best areas of Clermont, close to the FL Turnpike, US50, US27, and most shops, restaurants, Lake-Sumter Community College, South Lake Hospital, and Downtown Clermont, with Orlando and Disney less than 40 minutes away.

Purchase Price	$ 400,000
Address	1634 Presidio Dr , Clermont, 34711, FL
MLS^® #	G5076757
Listing Agent	Scout Eveleth
Year Built	2001
Type	Singlefamily
Size	2134 SF
Bedrooms	4
Bathrooms	2

Property History

Date	Price	Event
1/4/2024	435000	Listed
7/2/2002	155900	Sold
12/27/1999	970300	Sold

1634 Presidio Dr Clermont, FL 34711

Singlefamily

Bldg type
2,134

SqFt
4

Beds
2

Baths

#	Property address	Distance	Beds	Baths	SqFt	Bldg type	Date sold	Sale price	$/SqFt
1	1582 Chancellor Ct	0.2mi	4	2.5	2,641	single_family	11/2/2023	$ 453,000	$ 172
2	1873 Ridge Valley St	0.3mi	4	2.5	2,529	single_family	11/16/2023	$ 443,000	$ 175
3	2040 Knollcrest Dr	0.6mi	4	2.5	2,517	single_family	1/15/2024	$ 400,000	$ 159
4	778 Princeton Dr	0.7mi	3	3	2,763	single_family	11/29/2023	$ 525,000	$ 190
Average:								$ 455,250	$ 174

1634 Presidio Dr Clermont, FL 34711

$ 2,600

Rent
Singlefamily

Bldg type
2,134

SqFt
4

Beds
2

Baths

Your rent is reasonable for the area.

Average

$ 2,576

Median

$ 2,523

25th %

$ 2,397

75th %

$ 2,754

#	Property address	Similarity	Distance	Beds	Baths	SqFt	Date Listed	Bldg type	Rent
1	1903 Valley Ridge Loop	94%	0.4mi	4	2	2,119	1/28/2024	Single Family	$ 2,400
2	1309 Willow Wind Dr	92%	1.1mi	4	2	2,270	8/24/2023	Single Family	$ 2,555
3	1226 Brentwood Dr	92%	1.8mi	4	2	2,100	8/17/2023	Single Family	$ 2,975
4	544 Brimming Lake Rd	91%	1.0mi	4	2	1,874	9/21/2023	Single Family	$ 2,500
5	976 Vineyard Ridge Rd	90%	2.8mi	4	2	2,236	1/25/2024	Single Family	$ 2,800
6	1536 Nightfall Dr	90%	0.8mi	4	2.5	2,295	12/18/2023	Single Family	$ 2,400
7	657 Winding Lake Dr	90%	2.4mi	4	2	2,298	9/19/2023	Single Family	$ 2,275

You can edit, sort, drag and reorder suggested comps below. Select the comps you want to include in the report. You can also add comps manually.

Property address	Similarity	Distance	Beds	Baths	SqFt	Date Listed	Bldg type	Rent
1903 Valley Ridge Loop	94%	0.4mi	4	2	2,119	1/28/2024	Single Family	$ 2,400
813 Arbor Hill Cir	92%	0.7mi	4	2	1,979	1/28/2024	Single Family	$ 2,148
1309 Willow Wind Dr	92%	1.1mi	4	2	2,270	8/24/2023	Single Family	$ 2,555
1226 Brentwood Dr	92%	1.8mi	4	2	2,100	8/17/2023	Single Family	$ 2,975
544 Brimming Lake Rd	91%	1.0mi	4	2	1,874	9/21/2023	Single Family	$ 2,500
980 Vineyard Ridge Rd	90%	2.8mi	4	2	2,215	1/28/2024	Single Family	$ 3,100
976 Vineyard Ridge Rd	90%	2.8mi	4	2	2,236	1/25/2024	Single Family	$ 2,800
1536 Nightfall Dr	90%	0.8mi	4	2.5	2,295	12/18/2023	Single Family	$ 2,400
657 Winding Lake Dr	90%	2.4mi	4	2	2,298	9/19/2023	Single Family	$ 2,275
156 Sutter Dr	90%	0.5mi	4	2	1,714	1/25/2024	Single Family	$ 2,299

Comps selected: 7

Annual Property Operating Data

Incomes		% of GOI
Gross Scheduled Income Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents. Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents.	$ 31,200
Total Gross Income	$ 31,200
Vacancy loss Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants. Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants.	$ 3,120
Gross Operating Income Gross Operating Income (GOI) An actual income which is expected to be collected in the property. Gross Operating Income (GOI) An actual income which is expected to be collected in the property.	$ 28,080	100.00 %
Expenses Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation). Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation).
Association fees	$ 420	1.50 %
Property tax	$ 6,000	21.37 %
Total Expenses	$ 6,420	22.86 %
Net Operating Income Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses. Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses.	$ 21,660	77.14 %

Cash Flow (Year 1)

Net Operating Income	$ 21,660	77.14 %
Annual Debt Service	$ 24,271	86.44 %
Cash Flow Before Taxes (CFBT) Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ -2,611	-9.30 %
Income Tax Liability	$ -2,668	-9.50 %
Cash Flow After Taxes (CFAT) Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ 56	0.20 %

Operating Ratios

Operating Expense Ratio Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI). Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI).	22.86 %
Break-Even Ratio Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less. Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less.	109.30 %

Financial Measures

Net Present Value Net Present Value (NPV) Probably the best measure of any investment thanks to its complexity; taking into account all future cash flows including the selling price, and it converts all these amounts to their present values using discount rate required by the investor. More information and an example on the blog. Net Present Value (NPV) Probably the best measure of any investment thanks to its complexity; taking into account all future cash flows including the selling price, and it converts all these amounts to their present values using discount rate required by the investor. More information and an example on the blog.	$ 66,275
Internal Rate of Return Internal Rate of Return (IRR) Rate which an investment will return over the estimated period of ownership. It is in fact the discount rate that produces NPV of zero. Internal Rate of Return (IRR) Rate which an investment will return over the estimated period of ownership. It is in fact the discount rate that produces NPV of zero.	11.28 %
Profitability Index Profitability Index Similar to NPV, also calculates with the present values of future cash flows and discount rate. It shows whether the present value of the cash flows is worth the initial investment. Good investment should be above 1.0 Profitability Index Similar to NPV, also calculates with the present values of future cash flows and discount rate. It shows whether the present value of the cash flows is worth the initial investment. Good investment should be above 1.0	1.77
Annual Depreciation	$ 11,636

Holding period of 10 years and discount rate of 5.00% were used for calculation of NPV and IRR. The rest of the financial measures are for the 1st year only and therefore don't provide such an exact information.

Investment Return Ratios

Cash on Cash Return Cash on Cash Return Ratio between annual cash flow before taxes and the total initial investment, expressed as a percentage. It does not take in account the future value of money. Cash on Cash Return Ratio between annual cash flow before taxes and the total initial investment, expressed as a percentage. It does not take in account the future value of money.	-3.02 %
Return on Investment Return on Investment Very similar to Cash on Cash Return, but also takes in account appreciation of the property in the first year. Return on Investment Very similar to Cash on Cash Return, but also takes in account appreciation of the property in the first year.	10.87 %
Capitalization Rate Capitalization Rate Calculated as ratio of the net operating income and the value of the property. Capitalization Rate Calculated as ratio of the net operating income and the value of the property.	5.42 %
Gross Rental Yield Gross Rental Yield Used for a particular property or also as a market indicator when using median values of rent and house prices - counted from gross scheduled rent and initial investment. Gross Rental Yield Used for a particular property or also as a market indicator when using median values of rent and house prices - counted from gross scheduled rent and initial investment.	7.80 %
Gross Rent Multiplier Gross Rent Multiplier (GRM) Counted as a ratio of market value of the property and gross scheduled income. Gross Rent Multiplier (GRM) Counted as a ratio of market value of the property and gross scheduled income.	12.82

Financing
Down Payment		$ 80,000
LOAN		$ 320,000
Loan to Value Ratio Loan to Value Ratio Shows sum of all purchase and rehab loans divided by purchase price. Loan to Value Ratio Shows sum of all purchase and rehab loans divided by purchase price.		80.00 %
Loan to Cost Ratio Loan to Cost Ratio Shows sum of all purchase and rehab loans to construction cost (purchase price + repairs). Loan to Cost Ratio Shows sum of all purchase and rehab loans to construction cost (purchase price + repairs).		80.00 %
Debt Coverage Ratio		0.89

LOAN Financing of: Purchase price ($ 400,000)
Type	Amortized
Loan Amount	$ 320,000
Down payment (20%)	$ 80,000
Amortization	30 years
Interest Rate	6.50 %
Monthly Payment	$ 2,022.62

This chart shows the process of accumulation of investor's equity. There is some equity created right at the beginning with the rehab/construction and later investor's equity is rising by paying off the principal of the loan and also by appreciation over the years. All the green parts is the cummulative equity belonging to the investor and the red part belongs to the lender.

Year	0	1	2	3	4	5	6	7	8	9	10
Operational Analysis
Gross Scheduled Income	0	31,200	31,824	32,460	33,110	33,772	34,447	35,136	35,839	36,556	37,287
Vacancy Loss	0	3,120	3,182	3,246	3,311	3,377	3,445	3,514	3,584	3,656	3,729
Gross Operating Income	0	28,080	28,642	29,214	29,799	30,395	31,003	31,623	32,255	32,900	33,558
Expenses	0	6,420	6,548	6,679	6,813	6,949	7,088	7,230	7,375	7,522	7,672
Net Operating Income	0	21,660	22,093	22,535	22,986	23,445	23,914	24,393	24,881	25,378	25,886
Loan Payment	0	24,271	24,271	24,271	24,271	24,271	24,271	24,271	24,271	24,271	24,271
Payment Interest Part	0	20,695	20,455	20,200	19,927	19,636	19,325	18,994	18,641	18,264	17,861
Payment Principal Part	0	3,577	3,816	4,072	4,345	4,636	4,946	5,277	5,631	6,008	6,410
Cash Flow
Repairs/Construction	0	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-86,400	-2,611	-2,178	-1,736	-1,286	-826	-357	121	609	1,107	1,614
Depreciation	0	11,636	11,636	11,636	11,636	11,636	11,636	11,636	11,636	11,636	11,636
Taxes	0	-2,668	-2,499	-2,325	-2,144	-1,957	-1,762	-1,559	-1,349	-1,130	-903
Cash Flow After Taxes	-86,400	56	321	589	859	1,131	1,405	1,681	1,958	2,237	2,517

Note: All amounts in the table above are in $

Resale Price Evaluation Methods

The property is sold after 10 years. Below is the resale price calculated using different methods.

Appreciation (3.00%)	$ 537,567
Cap Rate (5.42%) & NOI	$ 477,596
Gross Rent Multiplier	$ 478,018

Sale Proceeds

Projected Selling Price	$ 537,567
Costs of Sale (6.00%)	$ 32,254
1. Loan Balance Payoff	$ 271,284
Net Sale Proceeds Before Tax	$ 234,029

In the resale analysis we do not include any calculation for taxes that might be owed on sale of the property. The tax laws for the resale are rather complex and subjected to frequent changes.

Net Assets and Yield

Net Assets
Sale Proceeds Before Tax	$ 234,029
Investor Cash Outlay	$ 86,400
Net Assets	$ 147,629
Average Yield
Annual Net Assets	$ 14,763
Average Cash Flow (After Taxes)	$ 1,024
Average Annual Gain (After Taxes)	$ 15,787
Average Annual Yield (After Taxes)	3.95 %

This charts shows Net Present Value (NPV) when property is sold in various years, i.e. when sold in 5th year, the NPV is calculated from 5 years of Cash Flow (including the selling price) and this NPV is displayed in year 5. Optimal holding period can be estimated, using this method - when NPV is the highest. Please note that appreciation growth can change these numbers greatly. It sometimes makes sense to sell the property even before the end of the mortgage term.

Property Report: 1634 Presidio Dr, Clermont RENTAL

Property Report :

1634 Presidio Dr, Clermont, FL 34711

Executive Summary

1634 Presidio Dr, Clermont, FL 34711

Financial Analysis

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Cash at Closing

Cash at Closing

Cash During Rehab

Cash During Rehab

Operating Analysis

Property Description

Property History

Comparative Sales Analysis

Singlefamily

Bldg type

2,134

SqFt

4

Beds

2

Baths

Comparative Rental Analysis

$ 2,600

Rent

Singlefamily

Bldg type

2,134

SqFt

4

Beds

2

Baths

Rentometer®

Rentometer®

Operating Analysis

Annual Property Operating Data

Gross Scheduled Income (GSI)

Gross Scheduled Income (GSI)

Vacancy and Credit Loss

Vacancy and Credit Loss

Gross Operating Income (GOI)

Gross Operating Income (GOI)

Operating Expenses

Operating Expenses

Net Operating Income (NOI)

Net Operating Income (NOI)

Cash Flow (Year 1)

Cash Flow

Cash Flow

Cash Flow

Cash Flow

Operating Ratios

Operating Expense Ratio

Operating Expense Ratio

Break-Even Ratio (BER)

Break-Even Ratio (BER)

Financial Analysis

Financial Measures

Net Present Value (NPV)

Net Present Value (NPV)

Internal Rate of Return (IRR)

Internal Rate of Return (IRR)

Profitability Index

Profitability Index

Investment Return Ratios

Cash on Cash Return

Cash on Cash Return

Return on Investment

Return on Investment

Capitalization Rate

Capitalization Rate

Gross Rental Yield

Gross Rental Yield

Gross Rent Multiplier (GRM)

Rentometer^®

Rentometer^®