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1322 Chelsea Way Livermore, CA 94550

4 Beds 2 Baths 2,300 sqft Built 1973

$1,249,000

List Price

$3,090

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 1973
  • Price/Sqft : $543.04
  • 4 Days on Market
  • MLS # : BE40927996
  • Updated Date : 11/06/2020 at 09:20
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,300 sqft
  • Baths : 2 full
Listing Agent

Allied Brokers

Listing Agent's Description

Beautiful turnkey Redwood model located in Shadowbrook. Close to park. Engineered hardwood floors, newer fencing, large shed, side yard access. Spacious kitchen with granite countertops and two sinks. Lots of updates. Whole house fan. Gas fireplace in family room and master bedroom. Large master bath and walk-in closet.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South Livermore

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1299k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: South Livermore

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000320034003600380040004200Rent in $15764318

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
William Mendenhall Middle School Middle Regular 958 36 8
Granada High School High Regular 2,017 85 8

William Mendenhall Middle School

  • Education Level: Middle
  • # of students: 958
  • # of teachers: 36
8
GreatSchools Rating

Granada High School

  • Education Level: High
  • # of students: 2,017
  • # of teachers: 85
8
GreatSchools Rating
 

$1,124,100$1,373,900$1,249,000

PURCHASE PRICE

$2,781$3,399$3,090

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,090
EXPENSES Loan Payment -$4,608
Property Tax -$1,403
Property Insurance -$83
Property Management Fees -$151
CASH FLOW
-$3,155

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.

$1,249,000

PROJECTED PRICE

$3,090

PROJECTED RENT

0.25%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.4%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$50k-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$336,735

INVESTMENT

$336,735

Down Payment
$312,250
Rehab Estimate
$5,750
Closing Costs
$18,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$4,608

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $312,250
Loan Amount $936,750
See What Happens When You Reinvest Cash Flow

-0.17

YEARS SAVED

-$149

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
  • $1,748

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9953$3,500
$3,500
RENT COMPS ANALYSIS
  • 1322 Chelsea Way Livermore, CA 1
    • 4 beds 2 baths ∙ 2,300 Sqft ∙ Built 1973 4 beds 2 baths ∙ 2,300 Sqft ∙ Built 1973
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1536 Murdell Lane Livermore, CA 2
    • 4 beds 3 baths ∙ 2,264 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,264 Sqft ∙ Built 1989
    property image
    LEASED 09/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.88
    •  
  • 1129 Bordeaux St Livermore, CA 3
    • 5 beds 2 baths ∙ 2,300 Sqft ∙ Built 1972 5 beds 2 baths ∙ 2,300 Sqft ∙ Built 1972
    property image
    LEASED 05/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.52
    •  
PROPERTY LISTING DETAILS
Rebecca Martin
Allied Brokers
BESbswy