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1324 Killarney St Livermore, CA 94550

3 Beds 2 Baths 1,704 sqft Built 1972

$1,019,950

List Price

$3,380

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 1972
  • Price/Sqft : $598.56
  • 4 Days on Market
  • MLS # : BE40928194
  • Updated Date : 11/05/2020 at 15:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,704 sqft
  • Baths : 2 full
Listing Agent

Livermore Valley Realestate

Listing Agent's Description

Sunset East! $300,000+ in upgrades! Large lot and a single story! Beautiful pebble sheen pool! Lease solar paid through 2033! Newer furnace and AC. Copper plumbing. Modern stucco exterior. Beautiful stone veneer. Dual pane windows. Gas fireplace. Upgraded fireplace mantel. Indoor laundry. Custom Millwork, built-in bookcases, entertainment center, wine racks. Crown molding. Surround sound speakers. Commercial grade pergo flooring. Kitchen: Kerrock counters, custom cabinetry. Subway tile backsplash. Underneath cabinet lighting. Stainless steel appliances. Gas stove. Island with storage & electricity. Overlooking family room. Yard: Great for entertaining. Outdoor lighting. Solar pool panels. Outdoor speakers. Automatic drip system. Raised bed garden area. Walk to school. Close proximity to wineries.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sunset East

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Sunset East

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $15763863

* 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
 

$917,955$1,121,945$1,019,950

PURCHASE PRICE

$3,042$3,718$3,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,380
EXPENSES Loan Payment -$3,763
Property Tax -$1,146
Property Insurance -$68
Property Management Fees -$166
CASH FLOW
-$1,763

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.

$1,019,950

PROJECTED PRICE

$3,380

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.7%
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-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k

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$276,037

INVESTMENT

$276,037

Down Payment
$254,988
Rehab Estimate
$5,750
Closing Costs
$15,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$3,763

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $254,988
Loan Amount $764,963
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$108

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,380

    LIST RENT
  • $1.98

    LIST RENT PER SQFT
  • $3,574

    COMP ESTIMATED VALUE
  • $2.1

    COMP AVG. RENT PER SQFT
Comps Range
$2,900
1$2,9002$3,2003$3,3004$3,3505$3,380
$3,380
RENT COMPS ANALYSIS
  • 1324 Killarney St Livermore, CA 5
    • 3 beds 2 baths ∙ 1,704 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,704 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $3,380
    • $1.98
    •  
  • 338 Mcleod St Livermore, CA 1
    • 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1987
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $2.01
    •  
  • 1146 Aberdeen Ave Livermore, CA 2
    • 4 beds 2 baths ∙ 1,512 Sqft ∙ Built 1957 4 beds 2 baths ∙ 1,512 Sqft ∙ Built 1957
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.12
    •  
  • 1853 De Leon Livermore, CA 3
    • 3 beds 2 baths ∙ 1,466 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,466 Sqft ∙ Built 1972
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.25
    •  
  • 775 Leland Way Livermore, CA 4
    • 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1965
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.01
    •  
PROPERTY LISTING DETAILS
Jay Frost
Livermore Valley Realestate
BESbswy