5842 Peregrine Ave Unit C01 · Orlando, FL 32819

$149,000

2 bd · 2.0 ba · 1,139 sqft · Condo · 134 Days on market

Built 1974 $637/mo HOA · 33% of rent

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Why this score? — see what drove the D 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 +8.7/30.0
• 1% rule +8.1/10.0
• ARV discount +7.5/15.0
• Livability +4.3/5.0
• Schools +4.1/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. LOCATION LOCATION LOCATION!!! THIS BEAUTIFUL CONDO IS IN THE DR PHILLIPS/UNIVERSAL AREA MINUTES FROM I-4, SHOPPING, AND ENTERTAINMENT. THIS IS A MUST SEE! WELL MAINTAINED CONDO WITH ONE OF THE BEST VIEWS IN THE ENTIRE COMMUNITY!!! FIRST FLOOR UNIT NO STAIRS! NO CARPET TILE THROUGHOUT! THIS SPACIOUS 2/2 IS PERFECT FOR FIRST TIME HOME BUYERS, EMPTY NESTORS DOWN SIZING, OR INVESTORS. CONTACT TODAY FOR A SHOWING! ALL DIMENSIONS AND HOA INFORMATION MUST BE VERIFIED BY BUYER/BUYER AGENT, AND IS SUBJECT TO HUMAN ERROR

Key facts

• Tile throughout
• No carpet
• Best views

Tags

• FIRST FLOOR UNIT
• NO CARPET
• TILE THROUGHOUT
• BEST VIEWS

Property features AI

Finance

• Other: Total monthly fees listed as $637; total annual fees listed as $7,644
• Financial info: Lease restrictions apply
• HOA & community: Monthly HOA fee of $637 (includes pool and structure & grounds maintenance); Association approval required; Pets allowed (max ~30 lbs); Community amenities: pool, tennis court(s); Association managed by Dominion Management Solutions / Liam

Exterior

• Parking: Information not provided
• Security: Information not provided
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Other utility services
• Home design: Condominium; Residential property; One story; Faces north; Entry on level 1
• Construction: Stucco construction; Shingle roof; Built on a slab
• Exterior features: Tennis court(s); Asphalt road access

Interior

• Kitchen: Range hood; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Slab foundation
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Thermostat; 6 total rooms
• Laundry & utility: Dedicated laundry room; Washer hookup; Washer included; Dryer included

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $149k.

Deal economics

• At list price, monthly cash flow is $-126 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $131k (12.3% below list).
• Meets the 1% rule at list price ($2k rent vs $149k).
• Recommended offer: $131k (12.3% below list) — sets the bar for cash-flow.
• Cap rate 5.3% vs local median 3.0% in Orlando — 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 86/100 on livability (#12 in FL, #360 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• 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 (+1.7%/yr); 318 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 8,053 units permitted in Orange County in 2024 (3,133 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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

• It's been on market 134 days — a 12% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 7954% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 33% of rent.
• 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 $130,702 (12.3% below list)

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. It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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.
11. 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.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.31% ✓
• Cap rate: 5.27%
• Cash-on-cash: -3.64%
• DSCR: 0.84
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.72% rent growth · sell at horizon

5-year hold

• IRR: -24.5%
• Equity multiple: 0.18×
• Total profit: $-34,257
• Equity at exit: $22,216

10-year hold

• IRR: -26.3%
• Equity multiple: -0.16×
• Total profit: $-48,406
• Equity at exit: $12,883

Cash invested: $41,720 (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.

Methodology + full state rankings →

ZIP-level market 32819

• Rents YoY: 1.7%
• Active inventory: 318
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,950 high
• Mortgage (P&I): −$781
• Tax est. 1.5%: −$186 /mo · $2,235/yr
• Insurance: −$62
• HOA: −$637
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $-126

Break-even live

Break-even rent $2,110

Max offer price $130,702

Occupancy floor —

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5932 Peregrine Ave Unit 22D Orlando, FL	2.0	1.5	999	$1,690	$1.69	3d	1	0.01mi
5942 Peregrine Ave Unit 22C Orlando, FL	2.0	2.0	1139	$1,495	$1.31	14d	1	0.02mi
6020 Peregrine Ave Unit 20B Orlando, FL	2.0	2.0	918	$1,675	$1.82	21d	1	0.07mi
5967 Windhover Dr Unit 7D Orlando, FL	2.0	1.5	999	$1,800	$1.80	21d	1	0.10mi
5973 Windhover Dr Unit E06 Orlando, FL	3.0	2.0	1146	$2,300	$2.01	23d	1	0.10mi
5755 Peregrine Ave Orlando, FL	2.0	2.0	1139	$1,600	$1.40	4d	1	0.11mi
5082 Ernst Ct Orlando, FL	2.0	2.5	1250	$2,250	$1.80	23d	1	0.12mi
5055 Eaglesmere Dr Unit D-04 Orlando, FL	2.0	1.5	999	$1,800	$1.80	23d	1	0.14mi
5810 Windhover Dr Unit 581 Orlando, FL	2.0	2.5	1193	$1,800	$1.51	23d	1	0.16mi
6051 Windhover Dr Orlando, FL	2.0	2.0	1139	$1,800	$1.58	21d	1	0.17mi
5974 Windhover Dr Orlando, FL	1.0–2.0	1.0–2.0	800	$1,869	$2.34	2d	9	0.21mi
6251 Sandcrest Cir Orlando, FL	3.0	2.5	1450	$2,595	$1.79	7d	1	0.32mi
6350 Vineland Rd Orlando, FL	1.0–2.0	1.0–2.0	937	$2,324	$2.48	2d	20	0.52mi
6025 Oakshadow St Orlando, FL	1.0–3.0	1.0–2.0	949	$1,788	$1.88	1d	64	0.59mi
5463 Vineland Rd Orlando, FL	2.0	2.0	1073	$1,662	$1.55	10d	2	0.62mi
5463 Vineland Rd #5103 Orlando, FL	2.0	2.0	1142	$1,800	$1.58	11d	1	0.62mi
5463 Vineland Rd Orlando, FL	2.0	2.0	1073	$1,662	$1.55	17d	2	0.62mi
5475 Vineland Rd #8311 Orlando, FL	1.0	1.0	734	$1,500	$2.04	23d	1	0.62mi
5475 Vineland Rd Orlando, FL	1.0	1.0	820	$1,388	$1.69	4d	2	0.62mi
5479 Vineland Rd #9303 Orlando, FL	1.0	1.0	820	$1,199	$1.46	21d	1	0.63mi
5303 Indian Creek Dr Orlando, FL	2.0	2.0	1123	$1,500	$1.34	2d	1	0.66mi
5451 Vineland Rd #2111 Orlando, FL	1.0	1.0	734	$1,295	$1.76	21d	1	0.67mi
5451 Vineland Rd #2111 Orlando, FL	1.0	1.0	734	$1,295	$1.76	17d	1	0.67mi
6421 Conroy Rd Orlando, FL	1.0–2.0	1.0–2.0	847	$1,970	$2.32	2d	21	0.69mi
5501 Conroy Rd Orlando, FL	2.0	1.5	930	$1,439	$1.55	2d	3	0.69mi
5483 Vineland Rd #10309 Orlando, FL	3.0	2.0	1232	$2,300	$1.87	17d	1	0.70mi
4356 S Kirkman Rd Orlando, FL	2.0	2.0	996	$2,300	$2.31	23d	2	0.70mi
5447 Vineland Rd Orlando, FL	1.0–3.0	1.0–2.0	983	$2,000	$2.03	4d	3	0.71mi
5447 Vineland Rd Orlando, FL	1.0–3.0	1.0–2.0	983	$1,850	$1.88	14d	4	0.71mi
4618 Middlebrook Rd Orlando, FL	2.0	1.0–2.0	710	$1,999	$2.82	2d	28	0.75mi
4368 S Kirkman Rd Orlando, FL	1.0–2.0	1.0–2.0	863	$2,700	$3.13	14d	2	0.75mi
4368 S Kirkman Rd Orlando, FL	1.0	1.0	730	$2,700	$3.70	23d	1	0.75mi
4332 S Kirkman Rd #1003 Orlando, FL	1.0	1.0	729	$1,350	$1.85	3d	1	0.76mi
4352 S Kirkman Rd Orlando, FL	1.0–2.0	1.0–2.0	964	$3,000	$3.11	2d	2	0.76mi
4352 S Kirkman Rd #1203 Orlando, FL	2.0	2.0	1200	$3,000	$2.50	21d	1	0.76mi
4881 Cypress Woods Dr Orlando, FL	2.0–3.0	2.0	1268	$1,700	$1.34	23d	2	0.77mi
4312 S Kirkman Rd Orlando, FL	2.0	2.0	1000	$3,000	$3.00	10d	1	0.79mi
4312 S Kirkman Rd Orlando, FL	3.0	2.0	1200	$3,300	$2.75	23d	1	0.79mi
4324 S Kirkman Rd Orlando, FL	1.0	1.0	730	$2,700	$3.70	23d	1	0.79mi
204 South St Unit 1061 Orlando, FL	2.0	2.0	1223	$2,500	$2.04	10d	1	0.80mi

HOA detail condo

• Monthly dues: $637 · $7,644/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 15 events

1. 2026-06-07
   remarks 557-char remark
2. 2026-06-07
   status $149,000 Pending 134 DOM
3. 2026-06-04
   days on market $149,000 Active 134 DOM
4. 2026-06-03
   days on market $149,000 Active 133 DOM
5. 2026-06-02
   days on market $149,000 Active 132 DOM
6. 2026-06-02
   days on market $149,000 Active 131 DOM
7. 2026-05-31
   days on market $149,000 Active 130 DOM
8. 2026-05-08
   price $1,695
9. 2026-05-07
   price $149,000
10. 2026-04-17
    price $152,000
11. 2026-03-30
    price $154,000
12. 2026-02-28
    listed $1,850
13. 2026-02-24
    price $157,000
14. 2026-02-04
    price $160,000
15. 2026-01-16
    listed $155,000 Active

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,396
• − Mortgage interest: −$8,346
• − Property taxes: −$2,235
• − Insurance: −$745
• − Repairs & maintenance: −$1,872
• − Management: −$1,872
• − HOA: −$7,644
• − Depreciation: −$4,335
• Taxable loss: −$3,652
• Est. tax savings @ 24.0%: +$876
• After-tax cash flow: $-641/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 — Orlando

• Score: 86/100
• State rank: #12
• US rank: #360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Orlando, FL
• County: Orange County · 1,471,359 people
• City population: 964,969
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 30,213
• Household income: $98,109
• Rent vs Own: 44.4% rent · 55.6% own
• Severe rent burden: 930.0

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: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 51% Hispanic / Latino 20% Two or more races 17% Black 12% Asian 8%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 4% Dominican 2%
• Common ancestry: Estonian 4% Romanian 3% Lithuanian 2%
• Foreign-born: 27% · Canada, China, Jamaica
• Languages at home: 65% English-only · Spanish 17% Other Indo-European 9% French/Haitian/Cajun 2%

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: ▼ -265.00%
• Current HPI: 285.9384
• Rent YoY: ▲ 1.72%
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-98.9% since first listed

8 events — show timeline

• 2026-05-08 Price Changed $1,695 STELLARMLS
• 2026-05-07 Price Changed $149,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-17 Price Changed $152,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-30 Price Changed $154,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-28 Listed for Rent $1,850 STELLARMLS
• 2026-02-24 Price Changed $157,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-04 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-16 Listed $155,000 Stellar MLS as Distributed by MLS Grid