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PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $324.53
- 3 Days on Market
- MLS # : BE40932653
- Updated Date : 01/02/2021 at 09:44
CONSTRUCTION
- Beds : 5
- Floor Size : 2,462 sqft
- Baths : 3 full
Listing Agent
Vertical Metro Real Estate
Listing Agent's Description
Tastefully updated and spacious 5 bedroom home with one bedroom downstairs. All new stainless appliances and stone countertops in kitchen. New flooring throughout and new fireplace surround. Master bedroom suite has plenty of room and lots of closet space, plus dual vanities, and separate tub and shower. Fresh paint, ex large 2 car garage, separate laundry room, brand new AC, spacious back yard patio area and so much more! This won't last long!
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PRICE & RENT TRENDS
Neighborhood: Central
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Central
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,340 |
EXPENSES | Loan Payment | -$2,948 |
Property Tax | -$940 | |
Property Insurance | -$87 | |
HOA | -$115 | |
Property Management Fees | -$164 | |
CASH FLOW
-$913
|
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.
$799,000
PROJECTED PRICE
$3,340
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.8% |
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
$217,485
LOAN DETAILS
$2,948
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $199,750 |
Loan Amount | $599,250 |
1.25
YEARS SAVED
$5,781
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
-
$3,283
COMP ESTIMATED VALUE -
$1.33
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Vertical Metro Real Estate