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1069 Nielsen Ln Livermore, CA 94550

3 Beds 2 Baths 1,513 sqft Built 1960

$795,950

List Price

$2,700

$2.5K - $3K

Rent Est.

PROPERTY INFO

October 29, 2020 RECENTLY ADDED
FACTS
  • Built In 1960
  • Price/Sqft : $526.07
  • 6 Days on Market
  • MLS # : BE40927273
  • Updated Date : 10/29/2020 at 13:14
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,513 sqft
  • Baths : 2 full
Listing Agent

Re/max Accord

Listing Agent's Description

Tired of tract houses? Want a home with character and charm? This one of a kind Mid-Century Modern, Eichler-inspired custom gem may be the treasure you seek! Don't let the exterior fool you! The front door opens to an amazing vintage home with floor-to-ceiling windows overlooking the MOAT in the courtyard! Natural wood paneling, open beam ceilings & terra cotta tile floors, all add to its distinctive character. Huge living room provides great entertaining space with a door to the courtyard, bringing the outside in. Kitchen features a stainless steel + a butcher block counter along with a Sub-Zero frig & freezer. Tile baths sport skylights plus portholes for airflow. Incredible yard has multiple patios & sitting areas on 3 sides of the house so all windows have great yard views! If you want a home that is as unique and special as you are, this is your opportunity! "It's not just a home, it's a life style!" 3D tour - https://my.matterport.com/show/?m=Y9ueiQFqXii

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PRICE & RENT TRENDS

Neighborhood: Jensen

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $247k1016k

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

Neighborhood: Jensen

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14783195

* 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
 

$716,355$875,545$795,950

PURCHASE PRICE

$2,430$2,970$2,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,700
EXPENSES Loan Payment -$2,937
Property Tax -$894
Property Insurance -$64
Property Management Fees -$149
CASH FLOW
-$1,343

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.

$795,950

PROJECTED PRICE

$2,700

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$216,677

INVESTMENT

$216,677

Down Payment
$198,988
Rehab Estimate
$5,750
Closing Costs
$11,939

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$2,937

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $198,988
Loan Amount $596,963
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$118

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,700

    LIST RENT
  • $1.78

    LIST RENT PER SQFT
  • $2,863

    COMP ESTIMATED VALUE
  • $1.89

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,7003$3,0004$3,0005$3,200
$3,200
RENT COMPS ANALYSIS
  • 1069 Nielsen Ln Livermore, CA 2
    • 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.78
    •  
  • 4360 Pomona Way Livermore, CA 1
    • 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1960
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.78
    •  
  • 222 Hillcrest Ave Livermore, CA 3
    • 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 1960
    LEASED 07/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.92
    •  
  • 711 S H St Livermore, CA 4
    • 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1949
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.85
    •  
  • 5319 Charlotte Way Livermore, CA 5
    • 3 beds 2 baths ∙ 1,588 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,588 Sqft ∙ Built 1970
    LEASED 06/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.02
    •  
PROPERTY LISTING DETAILS
Diane Sass
Re/max Accord
BESbswy