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1373 Locust St 
Livermore, CA
94551
3 Beds 1 Baths 1,034 sqft
Built 1951
INVESTimate
$665,000
List Price
$181,975
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PROPERTY INFO
FACTS
- Built In 1951
- Price/Sqft : $643.13
- 2 Days on Market
- MLS # : BE40916925
- Updated Date : 08/25/2020 at 17:10
CONSTRUCTION
- Beds : 3
- Floor Size : 1,034 sqft
- Baths : 1 full
Listing Agent
Bhhs Drysdale Properties
Listing Agent's Description
Don't miss this darling home! As you walk in the open living room with a beautiful big front window and lots of natural light make this charming home welcoming right from the start! Lots of updates including dual pane windows, central heat, whole house fan, recessed lighting, new laminate floors and baseboards, new carpet in bedrooms, and fresh paint through out the interior. Updated bathroom with new bathtub and tile surround, vanity and floors. Dual Pane windows through-out. New sod in front yard and large backyard with beautiful mature trees, storage sheds, fire pit and patio to entertain on. Room for a pool, ADU or in-law unit on this X-tra large lot. Check with the city of Livermore for possibilities! Easy access to downtown Livermore, shopping, restaurants, and 580 freeway and San Francisco Premium Outlet stores.
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PRICE & RENT TRENDS
Neighborhood: Northside Livermore
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Northside Livermore
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,630 |
| EXPENSES | Loan Payment | -$2,454 |
| Property Tax | -$759 | |
| Property Insurance | -$52 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$783
|
||
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.
$665,000
PROJECTED PRICE
$2,630
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 10.39% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$181,975
LOAN DETAILS
$2,454
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $166,250 |
| Loan Amount | $498,750 |
1.42
YEARS SAVED
$5,634
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
-
$2,644
COMP ESTIMATED VALUE -
$2.56
COMP AVG. RENT PER SQFT
Comps Range
-
1373 Locust St Livermore, 1
- 3 beds 1 baths ∙ 1,034 Sqft ∙ Built 1951 3 beds 1 baths ∙ 1,034 Sqft ∙ Built 1951
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3573 Pestana Way Livermore, 2
- 3 beds 1 baths ∙ 1,068 Sqft ∙ Built 1954 3 beds 1 baths ∙ 1,068 Sqft ∙ Built 1954
LEASED 02/28/19- Rent
- Rent Per SQFT
- $2,700
- $2.53
-
761 Grace Ct Livermore, 3
- 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1961
LEASED 10/27/19- Rent
- Rent Per SQFT
- $3,075
- $2.56
-
648 Sonoma Ave Livermore, 4
- 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1962
LEASED 04/25/20- Rent
- Rent Per SQFT
- $3,100
- $2.58
PROPERTY LISTING DETAILS
Bhhs Drysdale Properties
