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4401 Thornbriar Ln #106
D Composite 40.98
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).

  • ARV discount +14.6/15.0
  • 1% rule +6.8/10.0
  • Schools +4.7/10.0
  • Cash flow +4.5/30.0
  • Livability +4.3/5.0
  • Condition / age +3.8/5.0
  • Rent growth +2.3/5.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$106,000

4401 Thornbriar Ln #106 · Orlando, FL 32822
1 bd · 1.0 ba · 660 sqft · Condo · 224 Days on market
Built 1987 Good condition $161/sqft · 16% below area Est $126k · 16% under $530/mo HOA · 42% of rent ↓ 4% since listing

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

Listing remarks

Charming 1-bedroom, 1-bath ground-floor unit featuring ceiling fans and a washer/dryer closet. Enjoy the amenities of this wonderful community, including a beautiful clubhouse, two swimming pools, a private fitness center, playground, lighted tennis court, sand volleyball court, spa/jacuzzi, and two lakes with fountains and stepping stone walkways. Regency Gardens is conveniently located near bus lines, major employers, Beachline 528, Greenway 417, and the East-West Expressway. Just minutes from Orlando International Airport, downtown Orlando, shopping, dining, and theme parks. This unit is tenant-occupied until January 2027, currently paying $1,250/month.

Key facts

  • Washer dryer closet
  • Two swimming pools
  • Ceiling fans

Tags

GROUND-FLOOR UNITCEILING FANSWASHER DRYER CLOSETTWO SWIMMING POOLSPRIVATE FITNESS CENTERPLAYGROUND

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 1-bed/1.0-bath condo listed at $106k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-272 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $67k (37.1% below list).
  • Meets the 1% rule at list price ($1k rent vs $106k).
  • Recommended offer: $67k (37.1% below list) — sets the bar for cash-flow.

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.
  • Zoned schools: Lake George Elementary (math 54% / reading 50%, grade C-, #990 of 2,144 statewide, top 48%, 452 students, 58% FRL); Conway Middle (math 42% / reading 39%, grade F, #360 of 571 statewide, top 64%, 681 students, 60% FRL); William R Boone High (math 36% / reading 58%, grade D-, #207 of 667 statewide, top 32%, 2,780 students, 44% FRL) — zoned schools at 54% FRL track the district average.
  • Market conditions: Rents soft (-0.7%/yr); 576 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 30d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $733 of loan paydown is wiped out by about $3k 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 224 days — a 12% lower offer ($93k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 42% of rent.
Recommended offer $66,637 (37.1% 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 224 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
1.18%
Cap rate
3.21%
Cash-on-cash
-11.00%
DSCR
0.51
GRM
7.0

CMA / ARV

ARV (median comp)
$125,853
List price
$106,000
Delta
-15.77%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5530 Chrishire Way Unit D204 0.11mi 1/1.0 660 (0%) 1mo $90,000 $136 94
5530 Chrishire Way Unit D107 0.11mi 1/1.0 660 (0%) 1mo $95,000 $144 94
4225 Thornbriar Ln #208 0.11mi 1/1.0 580 (-12%) 0mo $85,000 $147 74
3998 Atrium Dr Unit U-1 0.73mi 1/1.0 675 (+2%) 0mo $124,000 $184 62
3814 Southpointe Dr #1 0.86mi 1/1.0 675 (+2%) 1mo $104,000 $154 60
6010 Scotchwood Gln #111 1.13mi 1/1.0 699 (+6%) 6mo $133,000 $190 51
5917 Village Cir #5917 1.26mi 1/1.5 741 (+12%) 0mo $90,000 $121 42
5550 E Michigan St #2208 1.03mi 1/1.0 772 (+17%) 0mo $150,500 $195 40
4045 Atrium Dr Unit U6 0.81mi 2/2.0 (+1) 820 (+24%) 2mo $160,000 $195 30
3933 Atrium Dr #3933 0.76mi 2/2.0 (+1) 820 (+24%) 2mo $157,000 $191 30
3835 Atrium Dr Unit L-6 0.76mi 2/2.0 (+1) 820 (+24%) 6mo $149,000 $182 26
3854 Southpointe Dr #1 0.86mi 2/2.0 (+1) 820 (+24%) 7mo $135,000 $165 25

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-43.0%
Equity multiple
-0.27×
Total profit
$-37,832
Equity at exit
$15,805
10-year hold
IRR
Equity multiple
-1.29×
Total profit
$-68,054
Equity at exit
$9,165

Cash invested: $29,680 (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
1 active · 4 under contract
Median asking
$119,900 ($207/sqft)
Median days on market
113 d
This list price
lowest-priced of the active set
ARV vs active asking
-7.8% vs current asking $/sqft

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

ZIP-level market 32822

Home prices YoY
-21.1%
Rents YoY
-0.7%
Active inventory
576
Price-to-rent
7.0×

Monthly cashflow live

Estimated rent
$1,254 high interval (Pro) →
Mortgage (P&I)
$556
Tax est. 1.5%
$132 /mo · $1,590/yr
Insurance
$44
HOA
$530
Vacancy / Maint / Mgmt
$263
Net cashflow
$-272

Break-even live

Break-even rent $1,598
Max offer price $66,637
Occupancy floor

Sensitivity live

Price -10% $-199 -5% $-235 +0% $-272 +5% $-309 +10% $-345
Rent -10% $-371 -5% $-322 +0% $-272 +5% $-223 +10% $-173
Rate -1.0pp $-219 -0.5pp $-245 base $-272 +0.5pp $-299 +1.0pp $-327

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
$26,500
Closing costs
$3,180
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
5601 Rosebriar Way Orlando, FL 1.0 1.0 660 $1,100 $1.67 119d 1 0.03mi
5575 Rosebriar Way Orlando, FL 1.0–3.0 1.0–2.0 865 $1,228 $1.42 0d 8 0.06mi
4401 Thornbriar Ln Orlando, FL 1.0 1.0 660 $1,300 $1.97 30d 1 0.06mi
4350 Perkinshire Ln Orlando, FL 1.0 1.0 580 $1,275 $2.20 6d 1 0.08mi
5530 Chrishire Way Unit D202 Orlando, FL 1.0 1.0 580 $1,150 $1.98 119d 1 0.12mi
4225 Thornbriar Ln Orlando, FL 1.0 1.0 580 $1,274 $2.20 59d 2 0.13mi
4225 Thornbriar Ln Orlando, FL 1.0 1.0 580 $1,225 $2.11 3d 2 0.13mi
4225 Thornbriar Ln Orlando, FL 1.0 1.0 580 $1,200 $2.07 119d 2 0.13mi
5540 Devonbriar Way Unit H104 Orlando, FL 1.0 1.0 660 $1,195 $1.81 117d 1 0.17mi
5540 Devonbriar Way Unit H104 Orlando, FL 1.0 1.0 660 $1,195 $1.81 110d 1 0.17mi
5500 Devonbriar Way Unit G108 Orlando, FL 1.0 1.0 580 $1,100 $1.90 30d 1 0.19mi
5583 Gatlin Ave Orlando, FL 1.0–2.0 1.0–2.0 750 $1,245 $1.66 0d 11 0.19mi
4540 Commander Dr Orlando, FL 1.0–3.0 1.0–2.5 994 $1,100 $1.11 10d 2 0.24mi
4518 Commander Dr Orlando, FL 1.0 1.0 755 $1,238 $1.64 93d 2 0.26mi
4518 Commander Dr Orlando, FL 1.0 1.0 755 $1,238 $1.64 110d 2 0.26mi
5701 Gatlin Ave #125 Orlando, FL 1.0 1.0 636 $1,250 $1.97 97d 1 0.28mi
4560 Commander Dr Orlando, FL 1.0 1.0 735 $1,250 $1.70 119d 1 0.29mi
5713 Gatlin Ave Orlando, FL 1.0–2.0 1.0–2.0 894 $1,100 $1.23 30d 2 0.29mi
4572 Commander Dr Orlando, FL 1.0 1.0 735 $1,212 $1.65 97d 1 0.32mi
4572 Commander Dr Orlando, FL 1.0–2.0 1.0–2.0 894 $1,125 $1.26 7d 2 0.32mi
4572 Commander Dr Orlando, FL 1.0–2.0 1.0–2.0 894 $1,100 $1.23 9d 3 0.32mi
5737 Gatlin Ave #423 Orlando, FL 1.0 1.0 735 $1,300 $1.77 99d 1 0.33mi
5737 Gatlin Ave #423 Orlando, FL 1.0 1.0 735 $1,300 $1.77 71d 1 0.33mi
4814 S Semoran Blvd #405 Orlando, FL 1.0 1.0 529 $1,250 $2.36 10d 1 0.33mi
4630 Commander Dr Orlando, FL 1.0–2.0 1.0–2.0 894 $1,275 $1.43 29d 2 0.36mi
4630 Commander Dr Orlando, FL 1.0–2.0 1.0–2.0 894 $1,350 $1.51 0d 2 0.36mi
4846 S Semoran Blvd Orlando, FL 1.0 1.0 600 $1,150 $1.92 76d 1 0.37mi
5773 Gatlin Ave #613 Orlando, FL 1.0 1.0 636 $1,375 $2.16 78d 1 0.38mi
5773 Gatlin Ave Orlando, FL 1.0 1.0 636 $1,100 $1.73 3d 1 0.38mi
5757 5 Flags Blvd Orlando, FL 1.0–2.0 1.0–2.0 660 $999 $1.51 7d 9 0.44mi
5300 Lake Margaret Dr Orlando, FL 2.0 1.0–2.0 729 $1,499 $2.05 0d 30 0.54mi
3312 S Semoran Blvd Orlando, FL 2.0 1.0–2.0 770 $1,274 $1.65 0d 12 0.68mi
3914 Atrium Dr Unit U1 Orlando, FL 1.0 1.0 675 $1,395 $2.07 30d 1 0.73mi
3914 Atrium Dr Orlando, FL 1.0 1.0 675 $1,495 $2.21 43d 1 0.73mi
3272 S Semoran Blvd #11 Orlando, FL 1.0 1.0 655 $1,500 $2.29 30d 1 0.77mi
3282 S Semoran Blvd #24 Orlando, FL 1.0 1.0 629 $1,200 $1.91 88d 1 0.78mi
3298 S Semoran Blvd #15 Orlando, FL 1.0 1.0 655 $1,125 $1.72 30d 1 0.80mi
3294 S Semoran Blvd #15 Orlando, FL 1.0 1.0 629 $1,200 $1.91 43d 1 0.80mi
3242 S Semoran Blvd #24 Orlando, FL 1.0 1.0 638 $1,250 $1.96 10d 1 0.80mi
3244 S Semoran Blvd #24 Orlando, FL 1.0 1.0 655 $1,200 $1.83 10d 1 0.81mi

Property features AI

Finance

Other
Irrigation equipment
Financial info
Total annual fees: $6,360Lease restrictions: none indicated
HOA & community
Monthly condo fee: $530 (includes pool, insurance, structure maintenance, grounds maintenance, pest control)Association approval requiredAssociation: COA Management Services LLC / Teri BeelerCommunity features: deed restrictions, playground, pool, sidewalksPets allowed with limits (max pet weight 30 lbs)

Exterior

Parking
Open parkingOther parking
Utilities
Public waterPublic sewerElectricity available and connectedCable availableSewer availableWater available
Home design
CondominiumOne levelFaces west3-story building
Construction
Stucco, frame, and wood siding constructionShingle roofSlab foundationBuilding name: REGENCY GARDENS
Exterior features
Sidewalk

Interior

Kitchen
DisposalMicrowaveRangeRefrigerator
Bedrooms
1 bedroom
Flooring
CarpetVinyl
Bathrooms
1 full bathroom
Heating & cooling
Central heatingCentral air conditioning
Interior features
Cathedral ceilingsCeiling fansOpen floor planWalk-in closet
Laundry & utility
Laundry closet

HOA detail $530/mo · $6,360/yr condo

Likely covers
poolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 27 events

  1. 2026-07-03
    days on market $106,000 Active 224 DOM
  2. 2026-07-02
    days on market $106,000 Active 223 DOM
  3. 2026-07-01
    days on market $106,000 Active 222 DOM
  4. 2026-06-30
    days on market $106,000 Active 221 DOM
  5. 2026-06-29
    days on market $106,000 Active 220 DOM
  6. 2026-06-28
    days on market $106,000 Active 219 DOM
  7. 2026-06-27
    days on market $106,000 Active 218 DOM
  8. 2026-06-24
    days on market $106,000 Active 215 DOM
  9. 2026-06-22
    days on market $106,000 Active 213 DOM
  10. 2026-06-21
    days on market $106,000 Active 212 DOM
  11. 2026-06-18
    days on market $106,000 Active 209 DOM
  12. 2026-06-17
    days on market $106,000 Active 208 DOM
  13. 2026-06-16
    days on market $106,000 Active 207 DOM
  14. 2026-06-15
    days on market $106,000 Active 206 DOM
  15. 2026-06-13
    days on market $106,000 Active 204 DOM
  16. 2026-06-13
    days on market $106,000 Active 203 DOM
  17. 2026-06-09
    days on market $106,000 Active 200 DOM
  18. 2026-06-08
    days on market $106,000 Active 199 DOM
  19. 2026-06-07
    days on market $106,000 Active 198 DOM
  20. 2026-06-04
    days on market $106,000 Active 195 DOM
  21. 2026-06-03
    days on market $106,000 Active 194 DOM
  22. 2026-06-02
    days on market $106,000 Active 193 DOM
  23. 2026-06-02
    days on market $106,000 Active 192 DOM
  24. 2026-05-31
    days on market $106,000 Active 191 DOM
  25. 2026-02-20
    price $106,000
  26. 2026-01-28
    price $108,000
  27. 2025-11-21
    listed $110,000 Active

ⓘ 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
$15,046
− Mortgage interest
−$5,938
− Property taxes
−$1,590
− Insurance
−$530
− Repairs & maintenance
−$1,204
− Management
−$1,204
− HOA
−$6,360
− Depreciation
−$3,084
Taxable loss
−$4,863
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,167
After-tax cash flow
$-2,097/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 · 13 photos

Good 75/100 Cosmetic rehab Est. rehab $3,300–$9,900 screening

This well-maintained townhouse in a desirable community offers a good return on investment with minor cosmetic updates needed for optimal curb appeal and comfort.

Value-add opportunities

  • Both Paint exterior trim — Enhances curb appeal and value
  • Both Replace worn carpet — Improves comfort and reduces maintenance costs

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 46/100

Zoned Schools

Elementary Lake George Elementary C- FL #990/2,144 Nat'l #11,263/41,679 Middle Conway Middle F FL #360/571 Nat'l #5,872/14,009 High William R Boone High D- FL #207/667 Nat'l #6,330/17,239

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
A Composite livability gradescore 86/100

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 · 1,618,226 people
City population
964,969
Metro
Orlando-Kissimmee-Sanford, FL
Population (ZIP)
67,081
Household income
$56,540
Rent vs Own
58.0% rent · 42.0% own
Severe rent burden
23% of renters

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
Predominantly Hispanic (68%)
Race & ethnicity
Hispanic / Latino 68% Two or more races 36% White 17% Black 10% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 38% Cuban 5% Dominican 5%
Common ancestry
Lithuanian 1% Romanian 1% Slovak 1%
Foreign-born
27% · Canada, Jamaica, China
Languages at home
36% English-only · Spanish 60% French/Haitian/Cajun 1% Arabic 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

Price history

-3.6% since first listed
3 events — show timeline
  • 2026-02-20 Price Changed $106,000 Stellar MLS as Distributed by MLS Grid
  • 2026-01-28 Price Changed $108,000 Stellar MLS as Distributed by MLS Grid
  • 2025-11-21 Listed $110,000 Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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