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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $436.97
- 4 Days on Market
- MLS # : BE40933483
- Updated Date : 01/09/2021 at 22:32
CONSTRUCTION
- Beds : 3
- Floor Size : 1,888 sqft
- Baths : 2 full , 1 half
Listing Agent
Legacy Real Estate & Assoc.
Listing Agent's Description
Newer CalAtlantic single family home in the Camden Place community. Built in 2016, come see this well appointed three bedroom corner unit with open concept living, spacious master retreat, and builder upgrades throughout. Some upgraded features you'll notice are the engineered hardwood floors, carpet and padding, kitchen cabinets, backsplash, and countertops, Whirlpool appliances, and Hunter Douglas blinds. Tucked away and steps to the community park, enjoy the home's close proximity to Costco, Target, BART and freeways.
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PRICE & RENT TRENDS
Neighborhood: Mt. Eden
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Mt. Eden
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,380 |
EXPENSES | Loan Payment | -$2,866 |
Property Tax | -$837 | |
Property Insurance | -$73 | |
HOA | -$130 | |
Property Management Fees | -$166 | |
CASH FLOW
-$691
|
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.
$825,000
PROJECTED PRICE
$3,380
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 10.2% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.60% |
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
$224,375
LOAN DETAILS
$2,866
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $206,250 |
Loan Amount | $618,750 |
2.33
YEARS SAVED
$14,081
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
-
$3,361
COMP ESTIMATED VALUE -
$1.78
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Legacy Real Estate & Assoc.