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1007 Eve Ln Livermore, CA 94550

4 Beds 3 Baths 2,230 sqft Built 1994

INVESTimate

$1,050,000

List Price

$3,640

$3,390 - $3,890

Rent Est.

$1,162,560  ( +10.72%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1994
  • Price/Sqft : $470.85
  • 2 Days on Market
  • MLS # : BE40918136
  • Updated Date : 08/25/2020 at 12:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,230 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Accord

Listing Agent's Description

Tri-level home in the Windmill Springs community; Original owners; Light & bright with lots of windows; Cathedral ceilings Lovely backyard view from kitchen window; Kitchen with breakfast nook has open view of family room; New 5-burner gas cooktop; Formal dining room flows into living room; Separate shower & soaker tub in master bath; twin sinks in both upstairs bathrooms; Hardwood floors in entryway, family room, & bar; Tile floors in kitchen; Front porch with room for seating; Newer carriage-style garage doors with windows; Shady backyard with many mature trees and shrubs; Aggregate back patio and mowing strip; Fenced back and side yards; Lightly trafficked street; Close to Livermore community center & pool,Close to shopping center, freeway and LLNL

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Windmill Springs

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1052k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Windmill Springs

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21600180020002200240026002800300032003400Rent in $15763496

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Jackson Avenue Elementary School Primary Regular 532 22 6
East Avenue Middle School Middle Regular 624 25 6
Livermore High School High Regular 1,771 82 8

Jackson Avenue Elementary School

  • Education Level: Primary
  • # of students: 532
  • # of teachers: 22
6
GreatSchools Rating

East Avenue Middle School

  • Education Level: Middle
  • # of students: 624
  • # of teachers: 25
6
GreatSchools Rating

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$3,276$4,004$3,640

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,640
EXPENSES Loan Payment -$3,874
Property Tax -$1,204
Property Insurance -$81
Property Management Fees -$178
CASH FLOW
-$1,697

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.

$1,050,000

PROJECTED PRICE

$3,640

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.72%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,874

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$229

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,640

    LIST RENT
  • $1.63

    LIST RENT PER SQFT
  • $3,702

    COMP ESTIMATED VALUE
  • $1.66

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,640
$3,640
RENT COMPS ANALYSIS
  • 1007 Eve Ln Livermore, 2
    • 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 1994
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,640
    • $1.63
    •  
  • 1833 Baywood Cmn Livermore, 1
    • 3 beds 3 baths ∙ 1,925 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,925 Sqft ∙ Built 2002
    property image
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.66
    •  
PROPERTY LISTING DETAILS
Lia Wendell
Re/max Accord
BESbswy