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73 Majorca Dr #73
C Composite 59.81
Why this score? — see what drove the C 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 +19.9/30.0
  • ARV discount +13.9/15.0
  • DSCR +6.3/10.0
  • 1% rule +5.3/10.0
  • Schools +5.2/10.0
  • Condition / age +4.8/5.0
  • Livability +3.8/5.0
  • Rent growth +3.4/5.0
  • Appreciation +2.5/10.0
  • Manufactured-home adj. -5.2

$135,500

73 Majorca Dr #73 · Winter Springs, FL 32708
2 bd · 2.0 ba · 1,344 sqft · Manufactured · 145 Days on market
Manufactured home Built 2026 Excellent condition $101/sqft · 14% below area Est $158k · 14% under

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

Listing remarks

This brand-new 2026 "The Laguna" model combines modern design with everyday functionality, featuring recessed lighting, luxury plank flooring, and a stylish dining room chandelier. The kitchen is a standout with stainless steel appliances, a spacious island, and smooth glide drawers for added convenience. The home also offers a walk-in closet, providing ample storage and comfort throughout.

Key facts

  • Spacious island
  • Walk-in closet
  • Smooth glide drawers

Tags

RECESSED LIGHTINGLUXURY PLANK FLOORINGSTAINLESS STEEL APPLIANCESSPACIOUS ISLANDSMOOTH GLIDE DRAWERSWALK-IN CLOSET

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $136k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $164 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $136k).
  • Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.7% vs local median 3.7% in Winter Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 75/100 on livability (#261 in FL, #4,187 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities F, commute F.
  • Seminole (suburban): math 57% / reading 61% proficiency, ranked #13 of 73 in FL (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Layer Elementary School (math 54% / reading 61%, grade C+, #764 of 2,144 statewide, top 36%, 608 students, 55% FRL); Indian Trails Middle School (math 60% / reading 60%, grade B, #135 of 571 statewide, top 24%, 1,197 students, 44% FRL); Winter Springs High School (math 43% / reading 55%, grade D, #193 of 667 statewide, top 29%, 2,038 students, 47% FRL).
  • Market conditions: Rents rising (+3.6%/yr); 406 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 89d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,979 units permitted in Seminole County in 2024 (1,191 in 5+ unit buildings).
  • This rent is only 18% of the median local income ($94k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $937 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Seminole County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 145 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
Recommended offer $119,240 (12.0% below list)

Questions for the listing agent

  1. It's been on market 145 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are A-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. 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
1.03% ✓
Cap rate
7.74%
Cash-on-cash
5.18%
DSCR
1.23
GRM
8.1

CMA / ARV

ARV (median comp)
$158,159
List price
$135,500
Delta
-14.33%
Verdict
UNDERPRICED
Comps
8 within 2.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
504 Green Spring Cir 0.30mi 2/2.5 1,363 (+1%) 1mo $230,000 $169 81
239 Panorama Dr 0.46mi 3/2.0 (+1) 1,349 (+0%) 2mo $330,000 $245 72
284 Woodgreen Ln 0.23mi 2/1.5 1,108 (-18%) 1mo $110,000 $99 62
526 Seasons Ct 0.44mi 3/2.0 (+1) 1,161 (-14%) 1mo $287,600 $248 51
236 Panorama Dr 0.47mi 3/2.0 (+1) 1,161 (-14%) 1mo $285,000 $245 49
272 San Gabriel St 0.46mi 3/2.0 (+1) 1,105 (-18%) 0mo $280,000 $253 48
412 Horizon Dr 0.46mi 3/2.0 (+1) 1,101 (-18%) 0mo $284,000 $258 48
655 Nighthawk Cir 1.22mi 2/2.0 1,497 (+11%) 1mo $360,000 $240 45
672 Nighthawk Cir 1.21mi 2/2.0 1,560 (+16%) 0mo $340,000 $218 40
203 Cottonwood Dr 1.07mi 3/2.0 (+1) 1,168 (-13%) 0mo $340,000 $291 38
200 W Panama Rd 1.15mi 3/2.0 (+1) 1,528 (+14%) 1mo $371,000 $243 36
518 Harbor Winds Ct 1.35mi 3/2.5 (+1) 1,680 (+25%) 1mo $315,000 $188 32

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 · 3.58% rent growth · sell at horizon

5-year hold
IRR
-7.6%
Equity multiple
0.72×
Total profit
$-10,681
Equity at exit
$20,203
10-year hold
IRR
2.7%
Equity multiple
1.20×
Total profit
$7,618
Equity at exit
$11,716

Cash invested: $37,940 (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.

Active competition Active MLS

For sale now
22 active
Median asking
$135,500 ($101/sqft)
Median days on market
88 d
This list price
45% of active listings are priced below it
ARV vs active asking
+16.6% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32708

Rents YoY
3.6%
Active inventory
406
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,393 high interval (Pro) →
Mortgage (P&I)
−$711
Tax est. 1.5%
−$169 /mo · $2,032/yr
Insurance
−$56
HOA
−$0
Lot rent leased land?
−$0
Vacancy / Maint / Mgmt
−$292
Net cashflow
$164

Break-even live

Break-even rent $1,185
Max offer price $135,500
Occupancy floor 83%

Sensitivity live

Price -10% $258 -5% $211 +0% $164 +5% $117 +10% $70
Rent -10% $54 -5% $109 +0% $164 +5% $219 +10% $274
Rate -1.0pp $232 -0.5pp $198 base $164 +0.5pp $129 +1.0pp $93

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
$33,875
Closing costs
$4,065
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
355 San Miguel St Winter Springs, FL 2.0 2.0 1476 $1,595 $1.08 28d 1 0.20mi
216 Bennett St Winter Springs, FL 3.0 1.0 1120 $1,695 $1.51 127d 1 0.25mi
315 San Miguel St Winter Springs, FL 2.0 2.0 945 $1,650 $1.75 85d 1 0.29mi
404 San Gabriel St Winter Springs, FL 3.0 2.0 1089 $1,900 $1.74 121d 1 0.29mi
304 Woodgreen Ln Winter Springs, FL 2.0 1.5 1114 $1,750 $1.57 10d 1 0.30mi
495 Green Spring Cir Winter Springs, FL 3.0 2.5 1375 $1,900 $1.38 129d 1 0.30mi
616 David St Winter Springs, FL 3.0 1.0 1108 $1,695 $1.53 10d 1 0.30mi
477 Green Spring Cir Winter Springs, FL 3.0 1.5 1280 $1,795 $1.40 2d 1 0.31mi
222 Albert St Winter Springs, FL 3.0 1.0 1087 $1,995 $1.84 120d 1 0.31mi
222 Albert St Winter Springs, FL 3.0 1.0 1087 $1,995 $1.84 85d 1 0.31mi
317 San Gabriel St Winter Springs, FL 3.0 2.0 1100 $1,900 $1.73 164d 1 0.33mi
149 Cory Ln Winter Springs, FL 2.0 2.0 938 $1,399 $1.49 28d 1 0.34mi
149 Cory Ln Winter Springs, FL 2.0 2.0 938 $1,349 $1.44 10d 1 0.34mi
149 Cory Ln Winter Springs, FL 2.0 2.0 938 $1,349 $1.44 15d 1 0.34mi
130 Rhoden Ln Winter Springs, FL 2.0 1.5 896 $1,625 $1.81 88d 1 0.35mi
500 George St Winter Springs, FL 3.0 1.0 1123 $1,800 $1.60 88d 1 0.37mi
367 Masson Ct Winter Springs, FL 3.0 2.0 1242 $2,079 $1.67 15d 1 0.40mi
114 Cory Ln Winter Springs, FL 2.0 2.0 1090 $1,395 $1.28 155d 1 0.41mi
112 Cory Ln Winter Springs, FL 2.0 2.0 938 $1,350 $1.44 55d 1 0.41mi
101 Cory Ln Winter Springs, FL 2.0 2.0 938 $1,425 $1.52 115d 1 0.42mi
105 Cory Ln Winter Springs, FL 2.0 2.0 938 $1,325 $1.41 55d 1 0.42mi
526 Seasons Ct Winter Springs, FL 3.0 2.0 1161 $2,295 $1.98 75d 1 0.45mi
502 San Gabriel Ct Winter Springs, FL 3.0 2.0 1187 $2,050 $1.73 85d 1 0.47mi
502 San Gabriel Ct Winter Springs, FL 3.0 2.0 1187 $1,899 $1.60 7d 1 0.47mi
133 Garden Dr Unit 1 Winter Springs, FL 2.0 1.5 900 $1,495 $1.66 127d 1 0.50mi
133 Garden Dr Winter Springs, FL 2.0 1.5 900 $1,495 $1.66 128d 1 0.50mi
197 Garden Dr Winter Springs, FL 2.0 1.5 900 $1,300 $1.44 45d 1 0.50mi
137 Garden Dr Winter Springs, FL 2.0 2.0 900 $1,515 $1.68 55d 1 0.50mi
137 Garden Dr Winter Springs, FL 2.0 1.5 900 $1,515 $1.68 139d 1 0.50mi
226 Panorama Dr Winter Springs, FL 3.0 2.0 1100 $1,750 $1.59 145d 1 0.52mi
119 Sundance Ct Winter Springs, FL 3.0 2.0 1161 $1,995 $1.72 49d 1 0.55mi
10 N Fairfax Ave Unit 10 Winter Springs, FL 2.0 1.5 907 $1,595 $1.76 151d 1 0.56mi
213 S Moss Rd Unit 213 Winter Springs, FL 2.0 1.5 930 $1,495 $1.61 162d 1 0.56mi
213 S Moss Rd Winter Springs, FL 2.0 1.5 930 $1,400 $1.51 105d 1 0.56mi
200 Panorama Dr Winter Springs, FL 3.0 2.0 1600 $1,600 $1.00 155d 1 0.57mi
614 Sailfish Rd Winter Springs, FL 3.0 2.0 1466 $1,995 $1.36 31d 1 0.58mi
118 Sundance Ct Winter Springs, FL 3.0 2.0 1161 $2,149 $1.85 139d 1 0.58mi
404 Lancers Dr Winter Springs, FL 3.0 2.0 1406 $2,400 $1.71 151d 1 0.59mi
404 Lancers Dr Winter Springs, FL 3.0 2.0 1406 $2,400 $1.71 155d 1 0.59mi
424 Lancers Dr Winter Springs, FL 3.0 2.0 1500 $2,400 $1.60 38d 1 0.59mi

Property features AI

Finance

Other
Address: 73 Majorca Dr #73, Winter Springs, FL 32708Status: Active
Financial info
List price $135,500

Exterior

Utilities
Forced air heating (utility)
Home design
Spec inventory homePlan name: The Laguna
Exterior features
Living area of 1,344 (listed)

Interior

Bedrooms
2 bedrooms
Bathrooms
2 full bathrooms
Heating & cooling
Forced air heating
Interior features
2 total bathrooms2 bedrooms

Listing history 50 events

  1. 2026-08-12
    days on market $135,500 Active 145 DOM
  2. 2026-08-11
    days on market $135,500 Active 144 DOM
  3. 2026-08-10
    days on market $135,500 Active 143 DOM
  4. 2026-08-09
    days on market $135,500 Active 142 DOM
  5. 2026-08-08
    days on market $135,500 Active 141 DOM
  6. 2026-08-06
    days on market $135,500 Active 139 DOM
  7. 2026-08-05
    days on market $135,500 Active 138 DOM
  8. 2026-08-04
    days on market $135,500 Active 137 DOM
  9. 2026-08-03
    days on market $135,500 Active 136 DOM
  10. 2026-07-31
    days on market $135,500 Active 133 DOM
  11. 2026-07-30
    days on market $135,500 Active 131 DOM
  12. 2026-07-28
    days on market $135,500 Active 130 DOM
  13. 2026-07-26
    days on market $135,500 Active 128 DOM
  14. 2026-07-24
    days on market $135,500 Active 126 DOM
  15. 2026-07-23
    days on market $135,500 Active 125 DOM
  16. 2026-07-22
    days on market $135,500 Active 124 DOM
  17. 2026-07-21
    days on market $135,500 Active 123 DOM
  18. 2026-07-20
    days on market $135,500 Active 122 DOM
  19. 2026-07-18
    days on market $135,500 Active 120 DOM
  20. 2026-07-18
    days on market $135,500 Active 119 DOM
  21. 2026-07-16
    days on market $135,500 Active 118 DOM
  22. 2026-07-15
    days on market $135,500 Active 117 DOM
  23. 2026-07-14
    days on market $135,500 Active 116 DOM
  24. 2026-07-13
    days on market $135,500 Active 115 DOM
  25. 2026-07-13
    days on market $135,500 Active 114 DOM
  26. 2026-07-11
    days on market $135,500 Active 113 DOM
  27. 2026-07-10
    days on market $135,500 Active 112 DOM
  28. 2026-07-09
    days on market $135,500 Active 111 DOM
  29. 2026-07-07
    days on market $135,500 Active 109 DOM
  30. 2026-07-06
    days on market $135,500 Active 108 DOM
  31. 2026-07-05
    days on market $135,500 Active 107 DOM
  32. 2026-07-03
    days on market $135,500 Active 105 DOM
  33. 2026-07-02
    days on market $135,500 Active 104 DOM
  34. 2026-07-01
    days on market $135,500 Active 103 DOM
  35. 2026-06-30
    days on market $135,500 Active 102 DOM
  36. 2026-06-29
    days on market $135,500 Active 101 DOM
  37. 2026-06-28
    days on market $135,500 Active 100 DOM
  38. 2026-06-27
    days on market $135,500 Active 99 DOM
  39. 2026-06-26
    days on market $135,500 Active 98 DOM
  40. 2026-06-24
    days on market $135,500 Active 96 DOM
  41. 2026-06-22
    days on market $135,500 Active 94 DOM
  42. 2026-06-21
    days on market $135,500 Active 93 DOM
  43. 2026-06-18
    days on market $135,500 Active 90 DOM
  44. 2026-06-17
    days on market $135,500 Active 89 DOM
  45. 2026-06-16
    days on market $135,500 Active 88 DOM
  46. 2026-06-15
    days on market $135,500 Active 87 DOM
  47. 2026-06-13
    days on market $135,500 Active 85 DOM
  48. 2026-06-09
    days on market $135,500 Active 81 DOM
  49. 2026-06-08
    days on market $135,500 Active 80 DOM
  50. 2026-06-07
    days on market $135,500 Active 79 DOM

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,713
− Mortgage interest
−$7,590
− Property taxes
−$2,032
− Insurance
−$678
− Repairs & maintenance
−$1,337
− Management
−$1,337
− Depreciation
−$3,942
Taxable loss
−$203
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$49
After-tax cash flow
$2,015/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.

Condition & rehab AI · 2 photos

Excellent 95/100 None rehab

This brand-new 2026 'The Laguna' model is in excellent condition with no visible repairs or maintenance needed. It offers modern design and everyday functionality, making it an ideal investment property.

Value-add opportunities

  • Both Painting the exterior siding — Fresh paint can enhance the curb appeal and increase the home's value. ↑
  • Both Landscaping improvements — A well-maintained yard can increase both resale and rental value. ↑
  • Both Interior touch-ups — Fresh paint and minor updates can enhance the home's appeal and value. ↑
  • Both HVAC maintenance — A clean and efficient HVAC system can improve comfort and energy efficiency, increasing both resale and rental value. ↑
  • Both Window treatments — Window treatments can enhance the home's curb appeal and interior aesthetics, increasing both resale and rental value. ↑
D Composite school gradezoned avg 52/100

Zoned Schools

Elementary Winter Springs Elementary School D- FL #1,223/2,144 Nat'l #15,452/41,679 Middle Indian Trails Middle School B FL #135/571 Nat'l #1,793/14,009 High Winter Springs High School D FL #193/667 Nat'l #6,078/17,239

Schools (NCES district)

District
Seminole
NCES district ID
1201710
Math proficiency
57% ▼ -7.00%
Reading proficiency
61% ▼ -1.00%
Median HH income
$58,478
Composite
51.05/100
National rank
#1769
State rank
#13 of 73 in FL
B Composite livability gradescore 75/100

Livability — Winter Springs

Score
75/100
State rank
#261
US rank
#4187

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Winter Springs, FL
County
Seminole County · 515,494 people
City population
48,965
Metro
Orlando-Kissimmee-Sanford, FL
Population (ZIP)
48,965
Household income
$93,628
Rent vs Own
24.8% rent · 75.2% own
Severe rent burden
11% of renters

Population outlook (Seminole County) Hauer SSP2

Today (2025)
515,494 people
By 2030
545,713 · +5.9%
By 2040
598,068 · +16.0%
By 2050
640,663 · +24.3%
By 2075
724,461 · +40.5%
By 2100
755,530 · +46.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (63%)
Race & ethnicity
White 63% Hispanic / Latino 23% Two or more races 11% Black 6% Asian 4%
Hispanic origin (detail)
Mexican 1% Puerto Rican 12% Cuban 2% Dominican 1%
Languages at home
77% English-only · Spanish 15% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Seminole

2024 margin
Toss-up / Even · D 47.6% · R 51.1% · Other 1.3%
2008→2024 swing
-0.8pp no change · 2008: -2.8pp · 2024: -3.5pp
All cycles
2024: R+3.5 2020: D+2.8 2016: R+1.6 2012: R+6.5 2008: R+2.8

Not yet ingested

Civics
—

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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