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PROPERTY INFO
FACTS
- Single Family
- Built In 1946
- Price/Sqft : $685.65
- 5 Days on Market
- MLS # : EB40932154
- Updated Date : 12/18/2020 at 16:52
CONSTRUCTION
- Beds : 3
- Floor Size : 1,282 sqft
- Baths : 2 full
Listing Agent
Compass
Listing Agent's Description
As you wind along Arlington, on a beautiful�tree lined stretch of Kensington, 109 will lure you in with�its idyllic�form and scenic garden, where the flowers flirt with the bees and butterflies�and time stands still, even just for a moment.�This traditional and alluring home is a perfect�mix of period details, complemented�by modern amenities�in an ideal location. You will be instantly�embraced by the hardwood floors, fireplace and tastefully updated eat-in kitchen.�Entertain with ease in the spacious living room, open to the kitchen and patio as you enjoy greenery from every window.�There are 3 bedrooms in this split level�home. The primary bedroom has a fun European�style bathroom, walk-in closet & french doors leading to the private yard. Intimate, yet with an ideal separation�of space, the floor plan is beyond comparison. The yard is a magical place with a view and could be your very own orchard with many fruiting trees, including: 3 persimmons, 2 apples, 1 pear and a small plum!
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PRICE & RENT TRENDS
Neighborhood: Kensington
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Kensington
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,010 |
| EXPENSES | Loan Payment | -$3,243 |
| Property Tax | -$1,045 | |
| Property Insurance | -$58 | |
| Property Management Fees | -$196 | |
|
CASH FLOW
-$533
|
||
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.
$879,000
PROJECTED PRICE
$4,010
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 5.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$238,685
LOAN DETAILS
$3,243
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $219,750 |
| Loan Amount | $659,250 |
3.67
YEARS SAVED
$35,540
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$4,010
LIST RENT -
$3.13
LIST RENT PER SQFT
-
$4,025
COMP ESTIMATED VALUE -
$3.14
COMP AVG. RENT PER SQFT
Comps Range
-
109 Arlington Ave Kensington, CA 2
- 3 beds 2 baths ∙ 1,282 Sqft ∙ Built 1946 3 beds 2 baths ∙ 1,282 Sqft ∙ Built 1946
- Rent
- Rent Per SQFT
- $4,010
- $3.13
-
7 Arlington Ave Kensington, CA 1
- 3 beds 1 baths ∙ 1,416 Sqft ∙ Built 1949 3 beds 1 baths ∙ 1,416 Sqft ∙ Built 1949
LEASED 05/28/20- Rent
- Rent Per SQFT
- $3,950
- $2.79
-
1042 Peralta Ave Albany, CA 3
- 3 beds 2 baths ∙ 1,187 Sqft ∙ Built 1928 3 beds 2 baths ∙ 1,187 Sqft ∙ Built 1928
LEASED 07/09/20- Rent
- Rent Per SQFT
- $4,200
- $3.54
-
510 Evelyn Ave Albany, CA 4
- 4 beds 3 baths ∙ 1,531 Sqft ∙ Built 1931 4 beds 3 baths ∙ 1,531 Sqft ∙ Built 1931
LEASED 09/10/20- Rent
- Rent Per SQFT
- $4,725
- $3.09
PROPERTY LISTING DETAILS
Compass
