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PROPERTY INFO
FACTS
- Single Family
- Built In 1944
- Price/Sqft : $425.85
- 6 Days on Market
- MLS # : EB40930749
- Updated Date : 12/01/2020 at 21:15
CONSTRUCTION
- Beds : 3
- Floor Size : 1,524 sqft
- Baths : 2 full
Listing Agent
Delta Ranches & Homes, Inc.
Listing Agent's Description
Leave the city behind, drive! This private road is an area you didn't imagine could be so close to the city. The neighbors request 5 mph, please use care in this darling neighborhood. This property will appeal to everyone, the main home is absolutely darling, with it's trendy design, hardwood floors and keeps the flare of classic combined with trendy. The ceilings have wood beam design, the red brick fireplace are perfect with the knotty wood floors. The kitchen has been completely updated and offers high end stainless steel appliances, white cabinets and corian counters. Need more space, check out the cottage next door. Still more space, bring all the toys to almost a full acre of level space and a 6 car garage, perfect for the car enthusiast.
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PRICE & RENT TRENDS
Zip Code: 94509
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94509
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,020 |
EXPENSES | Loan Payment | -$2,395 |
Property Tax | -$612 | |
Property Insurance | -$64 | |
Property Management Fees | -$149 | |
CASH FLOW
-$1,200
|
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.
$649,000
PROJECTED PRICE
$2,020
PROJECTED RENT
0.31%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 12.4% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.63% |
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
$177,735
LOAN DETAILS
$2,395
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $162,250 |
Loan Amount | $486,750 |
0.17
YEARS SAVED
$68
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
-
$2,210
COMP ESTIMATED VALUE -
$1.45
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Delta Ranches & Homes, Inc.