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INVESTimate
$1,388,000
List Price
$373,570
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $453.59
- 2 Days on Market
- MLS # : BE40918123
- Updated Date : 08/25/2020 at 15:54
CONSTRUCTION
- Beds : 5
- Floor Size : 3,060 sqft
- Baths : 3 full
Listing Agent
Compass
Listing Agent's Description
Rare opportunity to customize this original owner home located in fantastic neighborhood. Fixer upper - bring your ideas and your contractor. Ready for someone to come in and make it special - Prime location and not to be missed!
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PRICE & RENT TRENDS
Neighborhood: North Sycamore
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North Sycamore
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $5,550 |
EXPENSES | Loan Payment | -$5,121 |
Property Tax | -$1,418 | |
Property Insurance | -$101 | |
Property Management Fees | -$272 | |
CASH FLOW
-$1,362
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.
$1,388,000
PROJECTED PRICE
$5,550
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 7.31% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$373,570
LOAN DETAILS
$5,121
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $347,000 |
Loan Amount | $1,041,000 |
2
YEARS SAVED
$21,490
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$5,738
COMP ESTIMATED VALUE -
$1.88
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Compass