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PROPERTY INFO
FACTS
- Single Family
- Built In 1956
- Price/Sqft : $529.02
- 5 Days on Market
- MLS # : BE40930791
- Updated Date : 12/02/2020 at 19:37
CONSTRUCTION
- Beds : 3
- Floor Size : 1,323 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker Realty
Listing Agent's Description
Here is the one you have been waiting on! This 3 bedroom 2 bath home features over 1320 feet of living space.Step inside and you'll be greeted with hardwood floors throughout the home.The kitchen has been updated and all set for the gourmet in the family.Loads of cabinets, abundant granite counters, and a gas range. The kitchen opens to a good size dining area which is open to the spacious living room, great flow for entertaining. All bedrooms are large, plenty of space for bedroom furniture and a desk for distant learning(2020, what a year!!) The hall bath was recently upgraded including a jetted tub, and new vanity and flooring.All windows are dual pane. Plumbing has upgraded to copper, and the furnace was recently replaced. The home is convenient to shopping, schools and commute routes. Schedule an appointment to see your new home today! Your search ends here!
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PRICE & RENT TRENDS
Neighborhood: San Lorenzo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: San Lorenzo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,770 |
| EXPENSES | Loan Payment | -$2,582 |
| Property Tax | -$773 | |
| Property Insurance | -$59 | |
| HOA | -$135 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$928
|
||
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.
$699,900
PROJECTED PRICE
$2,770
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 10.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| 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
$191,224
LOAN DETAILS
$2,582
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $174,975 |
| Loan Amount | $524,925 |
0.67
YEARS SAVED
$2,209
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,770
LIST RENT -
$2.09
LIST RENT PER SQFT
-
$2,769
COMP ESTIMATED VALUE -
$2.09
COMP AVG. RENT PER SQFT
Comps Range
-
1090 Via Enrico San Lorenzo, CA 1
- 3 beds 2 baths ∙ 1,323 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,323 Sqft ∙ Built 1956
- Rent
- Rent Per SQFT
- $2,770
- $2.09
-
15503 Montreal St San Leandro, CA 2
- 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1960
LEASED 02/22/20- Rent
- Rent Per SQFT
- $3,000
- $2.11
-
1418 Culver Pl San Lorenzo, CA 3
- 3 beds 3 baths ∙ 1,457 Sqft ∙ Built 1972 3 beds 3 baths ∙ 1,457 Sqft ∙ Built 1972
LEASED 09/11/20- Rent
- Rent Per SQFT
- $3,000
- $2.06
-
1651 Via Chorro San Lorenzo, CA 4
- 3 beds 2 baths ∙ 1,471 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,471 Sqft ∙ Built 1955
LEASED 02/07/20- Rent
- Rent Per SQFT
- $3,100
- $2.11
PROPERTY LISTING DETAILS
Coldwell Banker Realty
