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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $366.55
- 2 Days on Market
- MLS # : EB40933775
- Updated Date : 01/09/2021 at 20:12
CONSTRUCTION
- Beds : 2
- Floor Size : 2,042 sqft
- Baths : 2 full , 1 half
Listing Agent
Marples & Associates
Listing Agent's Description
TRILOGY LIFESTYLE AT ITS BEST; DECORATOR TOUCHES THROUGH OUT; SOME FURNITURE MAY BE INCLUDED! ORIGINAL OWNERS WITH LIMITED USE! ENTERTAINER'S DREAM WITH KITCHEN OVERLOOKING DINING AREA WITH FIREPLACE AND SUMPTUOUS LIVING ROOM. ADDITIONAL OPTION ROOM CAN SERVE AS STUDY/WORK-OUT ROOM/OFFICE! LARGE MASTER SUITE WITH MARVELOUS LARGE WALK-IN CLOSET! SECLUDED GUEST SUITE, INDOOR LAUNDRY AND SEPARATE POWDER ROOM! SERENE REAR YARD WITH MATURE LANDSCAPE. COME ENJOY YOUR LIFE IN PARADISE IN THIS HOME WHICH SHOWS LIKE A MODEL HOME!
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PRICE & RENT TRENDS
Neighborhood: Vineyards at Marsh Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Vineyards at Marsh Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,730 |
EXPENSES | Loan Payment | -$2,600 |
Property Tax | -$814 | |
Property Insurance | -$76 | |
HOA | -$333 | |
Property Management Fees | -$149 | |
CASH FLOW
-$1,242
|
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.
$748,500
PROJECTED PRICE
$2,730
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.4% |
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
$204,103
LOAN DETAILS
$2,600
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $187,125 |
Loan Amount | $561,375 |
0.08
YEARS SAVED
$57
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
-
$2,731
COMP ESTIMATED VALUE -
$1.34
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Marples & Associates