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1842 NW 110th Ct
B+ Composite 78.56
Why this score? — see what drove the B+ 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).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +5.0/5.0
  • Schools +3.6/10.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$75,000

1842 NW 110th Ct · Ocala Estates, FL 34482
2 bd · 1.0 ba · 864 sqft · Manufactured public records · 79 Days on market
Built 1972 10,019 sqft lot $87/sqft · 19% below area Est $93k · 19% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* * Investor Special – Cash Only Opportunity in Ocala * * Great investment opportunity in a highly desirable area of Ocala. Located at * * 1842 NW 110th Ct * * , this property offers strong potential for investors looking for a renovation, rental, or resale project. The home is conveniently located just minutes from the * * World Equestrian Center * * , a major attraction that brings year-round visitors and creates strong housing demand in the area. It also provides quick access to * * Interstate 75 * * , making commuting and travel throughout Central Florida easy. Additionally, the property is a short drive from * * Downtown Ocala * * , where you’ll find restaurants, shopping, entertainment, and everyday conveniences. * * Highlights: * * • Prime Ocala location with strong growth and demand • Minutes from the World Equestrian Center • Easy access to I-75 • Excellent potential for value-add renovation or investment property * * Cash offers only. * * Ideal for investors or buyers looking for their next project.

Key facts

  • 0.23 acre lot
  • Built 1972
  • Listed 79 days

Tags

INVESTMENT OPPORTUNITYHIGHLY DESIRABLE AREAWORLD EQUESTRIAN CENTERQUICK ACCESS TO INTERSTATE 75

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $75k.

Deal economics

  • At list price, monthly cash flow is $776 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $75k).
  • Recommended offer: $70k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Marion (rural): math 42% / reading 43% proficiency, ranked #61 of 73 in FL (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+11.1%/yr); 663 active listings in the ZIP; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 79 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $7k; list at $75k implies a 1043% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $70,500 (6.0% below list)

Questions for the listing agent

  1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
2.19%
Cap rate
18.70%
Cash-on-cash
44.33%
DSCR
2.97
GRM
3.8

CMA / ARV

ARV (median comp)
$93,158
List price
$75,000
Delta
-3.50%
Verdict
FAIR
Comps
1 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
956 NW 110th Ct 0.64mi 2/1.0 782 (-10%) 7mo $95,000 $121 48

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
46.9%
Equity multiple
3.19×
Total profit
$45,950
Equity at exit
$11,183
10-year hold
IRR
54.8%
Equity multiple
7.82×
Total profit
$143,208
Equity at exit
$6,485

Cash invested: $21,000 (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 34482

Rents YoY
11.1%
Active inventory
663
Price-to-rent
3.8×

Monthly cashflow live

Estimated rent
$1,641 medium interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$96 /mo · $1,154/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$345
Net cashflow
$776

Break-even live

Break-even rent $659
Max offer price $75,000
Occupancy floor 48%

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
$18,750
Closing costs
$2,250
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.

Listing history 6 events

  1. 2026-06-18
    days on market $75,000 Active 79 DOM
  2. 2026-06-17
    days on market $75,000 Active 78 DOM
  3. 2026-06-16
    price $75,000 Active 77 DOM
  4. 2026-03-30
    price $89,900 1088-char remark
    Show marketing remark (1088 chars)

    * * Investor Special – Cash Only Opportunity in Ocala * * Great investment opportunity in a highly desirable area of Ocala. Located at * * 1842 NW 110th Ct * * , this property offers strong potential for investors looking for a renovation, rental, or resale project. The home is conveniently located just minutes from the * * World Equestrian Center * * , a major attraction that brings year-round visitors and creates strong housing demand in the area. It also provides quick access to * * Interstate 75 * * , making commuting and travel throughout Central Florida easy. Additionally, the property is a short drive from * * Downtown Ocala * * , where you’ll find restaurants, shopping, entertainment, and everyday conveniences. * * Highlights: * * • Prime Ocala location with strong growth and demand • Minutes from the World Equestrian Center • Easy access to I-75 • Excellent potential for value-add renovation or investment property * * Cash offers only. * * Ideal for investors or buyers looking for their next project.

  5. 2026-03-11
    listed $100,000 Active 1088-char remark
    Show marketing remark (1088 chars)

    * * Investor Special – Cash Only Opportunity in Ocala * * Great investment opportunity in a highly desirable area of Ocala. Located at * * 1842 NW 110th Ct * * , this property offers strong potential for investors looking for a renovation, rental, or resale project. The home is conveniently located just minutes from the * * World Equestrian Center * * , a major attraction that brings year-round visitors and creates strong housing demand in the area. It also provides quick access to * * Interstate 75 * * , making commuting and travel throughout Central Florida easy. Additionally, the property is a short drive from * * Downtown Ocala * * , where you’ll find restaurants, shopping, entertainment, and everyday conveniences. * * Highlights: * * • Prime Ocala location with strong growth and demand • Minutes from the World Equestrian Center • Easy access to I-75 • Excellent potential for value-add renovation or investment property * * Cash offers only. * * Ideal for investors or buyers looking for their next project.

  6. 1993-09-01
    soldstatus $6,561

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

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$1,154 · $96/mo
Projected year-2 tax
$1,154 · $96/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,692
− Mortgage interest
−$4,201
− Property taxes
−$1,154
− Insurance
−$375
− Repairs & maintenance
−$1,575
− Management
−$1,575
− Depreciation
−$2,182
Taxable income
$8,630
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,071
After-tax cash flow
$7,237/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
Marion
NCES district ID
1201260
Math proficiency
42% ▼ -7.00%
Reading proficiency
43% ▼ -4.00%
Median HH income
$40,015
Composite
35.61/100
National rank
#4890
State rank
#61 of 73 in FL

Livability — Ocala Estates

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Ocala Estates, FL
County
Marion County · 315,796 people
City population
263,375
Metro
Ocala, FL
Population (ZIP)
22,807
Household income
$65,901
Rent vs Own
16.7% rent · 83.3% own
Severe rent burden
282.0

Population outlook (Marion County) Hauer SSP2

Today (2025)
365,905 people
By 2030
376,768 · +3.0%
By 2040
396,555 · +8.4%
By 2050
412,723 · +12.8%
By 2075
446,090 · +21.9%
By 2100
436,193 · +19.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (63%)
Race & ethnicity
White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
Hispanic origin (detail)
Mexican 6% Puerto Rican 9% Cuban 2%
Common ancestry
Lithuanian 2% Romanian 2% Slovak 2%
Foreign-born
10% · Canada
Languages at home
81% English-only · Spanish 16% Other Indo-European 1%

Political lean MEDSL · Marion

2024 margin
Solid R (+31.6) · D 33.8% · R 65.5%
2008→2024 swing
-20.0pp toward R · 2008: -11.6pp · 2024: -31.6pp
All cycles
2024: R+31.6 2020: R+25.9 2016: R+26.2 2012: R+16.2 2008: R+11.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -133.62%
Current HPI
194.3857
Rent YoY
▲ 11.12%
Metro
Ocala, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+1270.2% since first listed
3 events — show timeline
  • 2026-03-30 Price Changed $89,900 Stellar MLS as Distributed by MLS Grid
  • 2026-03-11 Listed $100,000 Stellar MLS as Distributed by MLS Grid
  • 1993-09-01 Sold (Public Records) $6,561 Public Records

Property tax history

+14.2%/yr

Latest (2025): $1,154 · +32.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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