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PROPERTY INFO
FACTS
- Single Family
- Built In 2019
- Price/Sqft : $270.24
- 5 Days on Market
- MLS # : 210000397
- Updated Date : 01/17/2021 at 02:21
CONSTRUCTION
- Beds : 4
- Floor Size : 1,776 sqft
- Baths : 2 full
Listing Agent
Re/max Realty Affiliates
Listing Agent's Description
MUST SEE THIS beautiful home just built in 2019, originally purchased as a vacation home. Like new inside and move in ready! This spacious 4 bedroom 2 bath home has an open and split floorplan, granite slab countertops, beautiful dark wood cabinets, upgraded tile throughout the main living area, large 3 car garage, and much more. This home is low maintenance with a fully landscaped front and backyard all on a full automatic drip system.
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PRICE & RENT TRENDS
Zip Code: 89701
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 89701
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,880 |
EXPENSES | Loan Payment | -$1,667 |
Property Tax | -$153 | |
Property Insurance | -$64 | |
Property Management Fees | -$119 | |
CASH FLOW
-$122
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$479,950
PROJECTED PRICE
$1,880
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 2.50% |
Appreciation Year (1-5) | 12.3% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.00% |
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
$132,937
LOAN DETAILS
$1,667
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $119,988 |
Loan Amount | $359,963 |
4
YEARS SAVED
$17,482
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
-
$2,025
COMP ESTIMATED VALUE -
$1.14
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Re/max Realty Affiliates
1.866.250.5610
Mynd Property Management
1453579
MLS #: 210000397
Last Updated: 01/17/2021