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INVESTimate
$749,999
List Price
$204,500
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1987
- Price/Sqft : $460.12
- 2 Days on Market
- MLS # : CC40917295
- Updated Date : 08/25/2020 at 13:53
CONSTRUCTION
- Beds : 3
- Floor Size : 1,630 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty World Regency
Listing Agent's Description
Hercules is well on its way to becoming a hometown that is legendary, nestled on the shores of the San Pablo Bay in the "Precious Gems" Community. Home was built in 1987 by Tiffany Ridge Quality Home Builders. Corner Lot w/Gate access. Three Full Bedrooms upstairs. Vaulted Heights Formal Living & Dining area, Family Room/Kitchen Combo, updated kitchen GRANITE, Stainless Appliances & Brick Fireplace. Updated Roof, Windows & Window treatments. Designer color palate. Great Curb Appeal, extended Driveway and low maintenance landscaping & sprinklers. Fresh interior & exterior paint. New W/W Carpeting in all bedrooms and upper floors. Laminate Wood Flooring & Linoleum in baths. Slider access to the huge rear yard w/Workshop & Storage Shed, AC. Three Car Garage, RV Parking. Near all Retail, Public Transportation & NEW Transportation Center. If Community & Lifestyle at the top of your list. Call today for your private showing & Welcome home.
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PRICE & RENT TRENDS
Neighborhood: The Stones
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: The Stones
* 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 | $2,930 |
EXPENSES | Loan Payment | -$2,767 |
Property Tax | -$883 | |
Property Insurance | -$66 | |
Property Management Fees | -$149 | |
CASH FLOW
-$935
|
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.
$749,999
PROJECTED PRICE
$2,930
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 7.54% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$204,500
LOAN DETAILS
$2,767
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $187,500 |
Loan Amount | $562,499 |
1.08
YEARS SAVED
$4,033
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
-
$2,934
COMP ESTIMATED VALUE -
$1.8
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty World Regency