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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $292.74
- 2 Days on Market
- MLS # : MR40932406
- Updated Date : 12/19/2020 at 12:45
CONSTRUCTION
- Beds : 5
- Floor Size : 3,170 sqft
- Baths : 3 full , 1 half
Listing Agent
Surpass Real Estate & Finance
Listing Agent's Description
Saturated in the Victoria by the Bay, this beautiful home offers 3170 square-feet, 5 bedroom and 4 baths. Brand new flooring throughout the house, secluded office upon entry makes the perfect home office. The main level featured a formal living and dining room, a kitchen combo, a beautiful family room with gas fireplace where you can relax and look out to the rear yard. A mother-child room leads to the first master suite. On the second level consist of 4 bedrooms, 2 baths and a spacious laundry room. The second master suite featured a spa like bathroom with tub, separate shower and walk in closet. Don't miss out on this hidden gem!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: New Pacific
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: New Pacific
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,770 |
| EXPENSES | Loan Payment | -$3,424 |
| Property Tax | -$1,134 | |
| Property Insurance | -$104 | |
| HOA | -$77 | |
| Property Management Fees | -$185 | |
|
CASH FLOW
-$1,153
|
||
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.
$928,000
PROJECTED PRICE
$3,770
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| 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
$251,670
LOAN DETAILS
$3,424
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $232,000 |
| Loan Amount | $696,000 |
0.75
YEARS SAVED
$3,626
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
-
$3,899
COMP ESTIMATED VALUE -
$1.23
COMP AVG. RENT PER SQFT
Comps Range
-
163 Trestle Cv Hercules, CA 1
- 5 beds 4 baths ∙ 3,170 Sqft ∙ Built 2003 5 beds 4 baths ∙ 3,170 Sqft ∙ Built 2003
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1183 Promenade St Hercules, CA 2
- 4 beds 4 baths ∙ 2,845 Sqft ∙ Built 2003 4 beds 4 baths ∙ 2,845 Sqft ∙ Built 2003
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $3,500
- $1.23
PROPERTY LISTING DETAILS
Surpass Real Estate & Finance
