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1446 Heather Ln Livermore, CA 94551

3 Beds 2 Baths 1,040 sqft Built 1971

$749,900

List Price

$2,580

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $721.06
  • 3 Days on Market
  • MLS # : EB40933596
  • Updated Date : 01/08/2021 at 11:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,040 sqft
  • Baths : 1 full , 1 half
Listing Agent

Homecoin.com

Listing Agent's Description

Don't miss this beautiful 3 bedroom, 1.5 bathroom home with stylish upgrades throughout. You will love the updated kitchen that features quartz countertops, subway tile backsplash, fresh paint and new appliances! Remodeled bathrooms, new laminate flooring throughout, fresh paint, recessed lighting, dual pane windows and more! This is a perfect Livermore starter home.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Springtown

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1016k

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

Neighborhood: Springtown

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14053195

* 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
Altamont Creek Elementary School Primary Regular 519 23 7
Andrew Christensen Middle School Middle Regular 661 30 7
Livermore High School High Regular 1,771 82 8

Altamont Creek Elementary School

  • Education Level: Primary
  • # of students: 519
  • # of teachers: 23
7
GreatSchools Rating

Andrew Christensen Middle School

  • Education Level: Middle
  • # of students: 661
  • # of teachers: 30
7
GreatSchools Rating

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

$674,910$824,890$749,900

PURCHASE PRICE

$2,322$2,838$2,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,580
EXPENSES Loan Payment -$2,605
Property Tax -$842
Property Insurance -$52
HOA -$360
Property Management Fees -$149
CASH FLOW
-$1,428

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.

$749,900

PROJECTED PRICE

$2,580

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.1%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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

PROJECTED ANNUAL CASH FLOW

11530-$25k-$20k-$15k-$10k-$5.0k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,474

INVESTMENT

$204,474

Down Payment
$187,475
Rehab Estimate
$5,750
Closing Costs
$11,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$2,605

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $187,475
Loan Amount $562,425
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$12

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,580

    LIST RENT
  • $2.48

    LIST RENT PER SQFT
  • $2,590

    COMP ESTIMATED VALUE
  • $2.49

    COMP AVG. RENT PER SQFT
Comps Range
$2,580
1$2,5802$2,8003$2,9754$2,9755$2,975
$2,975
RENT COMPS ANALYSIS
  • 1446 Heather Ln Livermore, CA 1
    • 3 beds 2 baths ∙ 1,040 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,040 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $2,580
    • $2.48
    •  
  • 5656 Haggin Oaks Ave Livermore, CA 2
    • 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1977
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.38
    •  
  • 1565 Morning Glory Cir Livermore, CA 3
    • 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1989
    LEASED 10/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.53
    •  
  • 4122 Bristlecone Way Livermore, CA 4
    • 3 beds 2 baths ∙ 1,224 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,224 Sqft ∙ Built 1986
    LEASED 04/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.43
    •  
  • 1715 Carnation Cir Livermore, CA 5
    • 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1980
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.62
    •  
PROPERTY LISTING DETAILS
Jonathan Minerick
Homecoin.com
BESbswy