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PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $279.59
- 6 Days on Market
- MLS # : EB40932525
- Updated Date : 12/29/2020 at 03:03
CONSTRUCTION
- Beds : 4
- Floor Size : 2,822 sqft
- Baths : 3 full
Listing Agent
Marples & Associates
Listing Agent's Description
FANTASTIC OPPORTUNITY WORK, PLAY AND LIVE IN THIS MARVELOUS HOME LOCATED AT END OF CUL DE SAC; 3 CAR GARAGE AND SIDE YARD ACCESS PLUS 98 SQ.FT. OUT BUILDING WITH MANY ALTERNATIVE USES; FORMAL LIVING AND FAMILY ROOM; LARGE KITCHEN WITH BREAKFAST BAR AND ENORMOUS PANTRY; FULL BED AND BATH DOWNSTAIRS VERY PRIVATE; LARGE LOT ROOM FOR POOL AND SIDE YARD ACCESS WITH FULL FENCING; READY FOR YOUR FUSIEST CLIENT...
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PRICE & RENT TRENDS
Neighborhood: Hearthstone
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Hearthstone
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,920 |
EXPENSES | Loan Payment | -$2,911 |
Property Tax | -$784 | |
Property Insurance | -$95 | |
Property Management Fees | -$149 | |
CASH FLOW
-$1,019
|
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.
$789,000
PROJECTED PRICE
$2,920
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.4% |
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
$214,835
LOAN DETAILS
$2,911
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $197,250 |
Loan Amount | $591,750 |
0.67
YEARS SAVED
$2,701
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
-
$2,942
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Marples & Associates