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7029 Carna Ct 🔨 Auction
F Composite 29.18
Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +7.5/15.0
  • Cash flow +6.1/30.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.4/10.0
  • DSCR +0.4/10.0
  • Appreciation +0.0/10.0

$5,000

7029 Carna Ct · Azalea Park, FL 32807
3 bd · 2.0 ba · 1,227 sqft · SingleFamily public records · 10 Days on market
Built 2001

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Foreclosure Auction Ends June 3, 2026 at 11:00 AM EST. Explore this charming 3-bedroom, 2-bath residence set in a peaceful and well-located Orlando community. The list price is the opening bid for the online auction. Sold As-is. Explore more details and submit your bid through Federa.

Key facts

  • 2 garage spots
  • Listed 9 days

Property features AI

Finance

  • Other: Directions: From FL-408, take Exit 14, head south on Semoran Blvd, then turn onto Carna Ct and continue to the property.

Exterior

  • Parking: 2-car garage
  • Home design: Residential property; 1 story
  • Exterior features: Lot approximately 0.12 acres; Zoned R-3

Interior

  • Bathrooms: 2 full bathrooms
  • Interior features: Single-story layout

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🔨 Auction listing. The $5,000 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $326,382 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $5k.

Deal economics

  • At list price, monthly cash flow is $-609 ($-7k/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $5k).

Location & tenants

  • Location reads 79/100 on livability (#144 in FL, #2,148 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment D-.
  • Orange (suburban): math 46% / reading 51% proficiency, ranked #43 of 73 in FL (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+2.6%/yr); 175 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
  • Orange County population projected at +52% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Watch-outs: property tax is 97.9% of price.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $5,000

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.64%
Cap rate
4.05%
Cash-on-cash
-8.00%
DSCR
0.64
GRM
13.0

CMA / ARV

ARV (on-the-fly)
$326,382
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7821 Farnsworth Ct 0.56mi 3/2.0 1,219 (-1%) 0mo $324,000 $266 72
7812 Copperfield Ct 0.45mi 3/2.5 1,226 (-0%) 23mo $360,000 $294 58
6819 Belmar Dr 0.59mi 3/2.0 1,273 (+4%) 12mo $350,000 $275 56
218 Lavender Ct 0.36mi 4/2.0 (+1) 1,404 (+14%) 2mo $237,500 $169 53
634 Ascot Cir 0.55mi 3/2.0 1,311 (+7%) 23mo $330,000 $252 44
648 Caladesi Trl 0.54mi 3/2.0 1,334 (+9%) 21mo $278,500 $209 43
536 Southern Charm Dr 0.74mi 3/2.0 1,056 (-14%) 13mo $340,000 $322 31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.6% rent growth · sell at horizon

5-year hold
IRR
-30.8%
Equity multiple
-0.01×
Total profit
$-92,476
Equity at exit
$48,665
10-year hold
IRR
-35.3%
Equity multiple
-0.46×
Total profit
$-133,740
Equity at exit
$28,220

Cash invested: $91,387 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 32807

Home prices YoY
-20.1%
Rents YoY
2.6%
Active inventory
175
Price-to-rent
0.2×

Monthly cashflow live

Estimated rent
$2,084 high interval (Pro) →
Mortgage (P&I)
$1,712
Tax est. 1.5%
$408 /mo · $4,896/yr
Insurance
$136
HOA
$0
Vacancy / Maint / Mgmt
$438
Net cashflow
$-609

Break-even live

Break-even rent $2,855
Max offer price $238,267
Occupancy floor

Sensitivity live

Price -10% $-383 -5% $-496 +0% $-609 +5% $-722 +10% $-834
Rent -10% $-774 -5% $-691 +0% $-609 +5% $-527 +10% $-444
Rate -1.0pp $-445 -0.5pp $-526 base $-609 +0.5pp $-694 +1.0pp $-780

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$81,596
Closing costs
$9,791
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
31 Tuscany Pointe Ave Orlando, FL 3.0 2.0 1302 $2,295 $1.76 23d 1 0.13mi
215 Seville Pointe Ave Orlando, FL 3.0 2.0 1496 $1,100 $0.74 23d 1 0.16mi
1124 Crosstown Way Orlando, FL 1.0–3.0 1.0–2.0 1104 $2,730 $2.47 3d 10 0.18mi
7960 Pine Crossings Cir Orlando, FL 1.0–2.0 1.0–2.0 870 $1,911 $2.20 3d 30 0.42mi
454 Loblolly Ln Unit Labs Orlando, FL 3.0 2.0 1315 $2,300 $1.75 5d 1 0.47mi
6635 Breeze Way Orlando, FL 1.0–2.0 1.0–2.0 855 $1,550 $1.81 5d 1 0.51mi
654 Caladesi Trl Orlando, FL 3.0 2.0 1273 $2,025 $1.59 21d 1 0.56mi
7934 Winter Song Dr Orlando, FL 3.0 2.0 1315 $2,205 $1.68 12d 1 0.57mi
7325 Goldenpointe Blvd Orlando, FL 1.0–3.0 1.0–2.0 1050 $1,979 $1.88 8d 9 0.60mi
247 Cocos Dr Orlando, FL 3.0 1.0 916 $1,950 $2.13 8d 1 0.63mi
7595 Sun Tree Cir Orlando, FL 1.0–2.0 1.0–2.0 744 $1,844 $2.48 3d 13 0.67mi
720 Faber Dr Orlando, FL 3.0 1.0 996 $2,050 $2.06 15d 1 0.75mi
160 Palmyra Dr Orlando, FL 2.0 1.0 850 $3,000 $3.53 23d 1 0.81mi
604 Laurel Cove Ct Orlando, FL 1.0–3.0 1.0–2.0 892 $1,968 $2.21 3d 15 0.83mi
512 Owl Cir Orlando, FL 2.0 2.0 1220 $1,900 $1.56 13d 1 0.86mi
8137 Claire Ann Dr #207 Orlando, FL 2.0 2.0 1046 $1,750 $1.67 23d 1 0.89mi
949 Crowsnest Cir Orlando, FL 1.0–2.0 1.0–2.0 822 $1,754 $2.13 2d 31 0.90mi
8103 Lillies Way #107 Orlando, FL 2.0 2.0 1000 $1,600 $1.60 8d 1 0.91mi
8225 Claire Ann Dr #203 Orlando, FL 2.0 2.0 1046 $1,725 $1.65 4d 1 0.92mi
8102 Turkey Dr Orlando, FL 2.0 2.0 1010 $1,850 $1.83 25d 1 0.93mi
8215 Sun Spring Cir #23 Orlando, FL 2.0 2.0 1064 $1,550 $1.46 23d 1 1.04mi
7451 Gatehouse Cir Orlando, FL 2.0–3.0 2.0 1050 $1,645 $1.57 25d 4 1.05mi
8211 Sun Spring Cir #41 Orlando, FL 2.0 2.0 1064 $1,499 $1.41 5d 1 1.07mi
619 Santa Fe Ln Orlando, FL 3.0 1.5 1168 $2,025 $1.73 23d 1 1.07mi
8212 Troxler Dr Orlando, FL 3.0 1.0 1200 $2,250 $1.88 3d 1 1.08mi
712 Saint Lucie Ln Orlando, FL 3.0 1.5 1212 $2,000 $1.65 25d 1 1.10mi
502 Engel Dr Orlando, FL 2.0 1.0 850 $2,250 $2.65 25d 1 1.11mi
1000 Avida Village Cir Orlando, FL 1.0–3.0 1.0–2.0 977 $2,488 $2.55 2d 22 1.18mi
917 S Alder Ave Orlando, FL 3.0 2.0 1014 $2,050 $2.02 25d 1 1.19mi
846 Grenadier Dr Orlando, FL 4.0 2.0 1271 $2,349 $1.85 25d 1 1.20mi
8362 Cristobal Cir Unit a Orlando, FL 3.0 1.0 1150 $1,850 $1.61 15d 1 1.20mi
8362 Cristobal Cir Unit a Orlando, FL 3.0 1.0 1150 $1,850 $1.61 13d 1 1.20mi
8362 Cristobal Cir Unit a Orlando, FL 3.0 1.0 1014 $1,850 $1.82 4d 1 1.20mi
5885 Dahlia Dr Orlando, FL 2.0 1.0 830 $1,348 $1.62 5d 2 1.25mi
6003 Oleander Dr Orlando, FL 2.0 1.5 900 $1,700 $1.89 25d 1 1.27mi
511 Carr St Orlando, FL 4.0 2.0 1209 $2,500 $2.07 5d 1 1.27mi
5885 Dahlia Dr Unit 216 Orlando, FL 2.0 1.0 830 $1,500 $1.81 21d 1 1.28mi
5885 Dahlia Dr Unit 106/9 Orlando, FL 2.0 1.0 830 $1,350 $1.63 25d 1 1.28mi
1000 Avery Village Loop Orlando, FL 2.0–3.0 2.0 1206 $2,327 $1.93 3d 13 1.29mi
5856 Dahlia Dr Azalea Park, FL 1.0–2.0 1.0 815 $1,525 $1.87 8d 5 1.29mi

Listing history 8 events

  1. 2026-06-04
    days on market $5,000 Active 10 DOM
  2. 2026-06-03
    days on market $5,000 Active 9 DOM
  3. 2026-06-02
    days on market $5,000 Active 8 DOM
  4. 2026-06-01
    days on market $5,000 Active 7 DOM
  5. 2026-05-31
    days on market $5,000 Active 6 DOM
  6. 2026-05-25
    listed $5,000 Active
  7. 2003-11-14
    soldstatus $142,000
  8. 2001-05-07
    soldstatus $116,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$25,012
− Mortgage interest
−$18,282
− Property taxes
−$4,896
− Insurance
−$1,632
− Repairs & maintenance
−$2,001
− Management
−$2,001
− Depreciation
−$9,495
Taxable loss
−$13,295
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,191
After-tax cash flow
$-4,117/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Orange
NCES district ID
1201440
Math proficiency
46% ▼ -9.00%
Reading proficiency
51% ▼ -2.00%
Median HH income
$49,350
Composite
41.47/100
National rank
#3461
State rank
#43 of 73 in FL

Livability — Azalea Park

Score
79/100
State rank
#144
US rank
#2148

Category grades

Amenities F Commute A+ Cost of living A+ Crime C+ Employment D- Housing A+ Health & safety A- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Azalea Park, FL
County
Orange County · 1,471,359 people
City population
34,933
Metro
Orlando-Kissimmee-Sanford, FL
Population (ZIP)
34,456
Household income
$59,971
Rent vs Own
49.8% rent · 50.2% own
Severe rent burden
1566.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
1,618,226 people
By 2030
1,787,404 · +10.5%
By 2040
2,125,621 · +31.4%
By 2050
2,454,016 · +51.6%
By 2075
3,173,711 · +96.1%
By 2100
3,607,781 · +122.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority Hispanic (62%)
Race & ethnicity
Hispanic / Latino 62% White 25% Two or more races 24% Black 6% Asian 4%
Hispanic origin (detail)
Mexican 6% Puerto Rican 28% Cuban 7% Dominican 5%
Common ancestry
Romanian 1% Slovak 1% Lithuanian 1%
Foreign-born
26% · Canada, Jamaica, Vietnam
Languages at home
44% English-only · Spanish 52% Vietnamese 2% Other Indo-European 1%

Political lean MEDSL · Orange

2024 margin
D (+13.6) · D 56.1% · R 42.5% · Other 1.3%
2008→2024 swing
-5.0pp toward R · 2008: 18.6pp · 2024: 13.6pp
All cycles
2024: D+13.6 2020: D+23.1 2016: D+24.6 2012: D+18.2 2008: D+18.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -97.72%
Current HPI
388.4089
Rent YoY
▲ 2.60%
Metro
Orlando-Kissimmee-Sanford, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

-95.7% since first listed
3 events — show timeline
  • 2026-05-25 Listed $5,000 NFMLS
  • 2003-11-14 Sold (Public Records) $142,000 Public Records
  • 2001-05-07 Sold (Public Records) $116,000 Public Records

Property tax history

+2.7%/yr

Latest (2025): $1,658 · +9.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…