Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

15959 Paseo Largavista San Lorenzo, CA 94580

3 Beds 2 Baths 1,414 sqft Built 1944

$768,000

List Price

$2,700

$2.5K - $3K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1944
  • Price/Sqft : $543.14
  • 5 Days on Market
  • MLS # : BE40932605
  • Updated Date : 12/23/2020 at 15:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,414 sqft
  • Baths : 2 full
Listing Agent

Village Properties & Assoc.

Listing Agent's Description

More Than Meets The Eye In This Expanded Village Bungalow! This Four Bedroom, Two Bath, One Car Garage Home Features 1414+ Square Feet of Living Space Situated on a 5000 Square Foot Lot. Features Include a Wood Burning Fireplace in the Living Room, Well Thought Out Updated Spacious Kitchen with Ample Cabinetry and Counter Space, Warm Spice Colored Cabinets, Breakfast Bar, Under Counter Lighting and Large Dining Area, Perfect for Family Gatherings, Step Down Family Room is Perfect for Family/Entertaining, Private Master Suite with Full Bath and Views of the Rear Yard, Convenient Indoor Laundry, Great Covered Patio for BBQing, Bring Your Imagination to the Detached Space...Possible Home Office, Workout Space or Who Knows. Conveniently Located Near Shopping, Banks, Transportation & Library. Don't Miss This One.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: San Lorenzo

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1024k

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

Neighborhood: San Lorenzo

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Grant Elementary School Primary Regular 406 17 3
Washington Manor Middle School Middle Regular 873 38 4
Arroyo High School High Regular 1,784 78 7

Grant Elementary School

  • Education Level: Primary
  • # of students: 406
  • # of teachers: 17
3
GreatSchools Rating

Washington Manor Middle School

  • Education Level: Middle
  • # of students: 873
  • # of teachers: 38
4
GreatSchools Rating

Arroyo High School

  • Education Level: High
  • # of students: 1,784
  • # of teachers: 78
7
GreatSchools Rating
 

$691,200$844,800$768,000

PURCHASE PRICE

$2,430$2,970$2,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,700
EXPENSES Loan Payment -$2,834
Property Tax -$868
Property Insurance -$61
HOA -$125
Property Management Fees -$149
CASH FLOW
-$1,336

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.

$768,000

PROJECTED PRICE

$2,700

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.9%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$209,270

INVESTMENT

$209,270

Down Payment
$192,000
Rehab Estimate
$5,750
Closing Costs
$11,520

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,834

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $192,000
Loan Amount $576,000
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$84

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
  • $2,920

    COMP ESTIMATED VALUE
  • $2.06

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9003$3,0004$3,1005$3,250
$3,250
RENT COMPS ANALYSIS
  • 15959 Paseo Largavista San Lorenzo, CA 1
    • 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 1944 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 1944
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 15966 Saint Johns Dr San Lorenzo, CA 2
    • 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1954
    LEASED 11/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $2.13
    •  
  • 17127 Via Flores San Lorenzo, CA 3
    • 3 beds 2 baths ∙ 1,494 Sqft ∙ Built 1947 3 beds 2 baths ∙ 1,494 Sqft ∙ Built 1947
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.01
    •  
  • 1651 Via Chorro San Lorenzo, CA 4
    • 3 beds 2 baths ∙ 1,471 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,471 Sqft ∙ Built 1955
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.11
    •  
  • Via Represa San Lorenzo, CA 5
    • 3 beds 3 baths ∙ 1,619 Sqft ∙ Built 1957 3 beds 3 baths ∙ 1,619 Sqft ∙ Built 1957
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $2.01
    •  
PROPERTY LISTING DETAILS
Jessica Medina
Village Properties & Assoc.
BESbswy