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1681 Placer Cir Livermore, CA 94551

4 Beds 3 Baths 2,312 sqft Built 1992

$1,150,000

List Price

$3,720

$3.5K - $4K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1992
  • Price/Sqft : $497.40
  • 6 Days on Market
  • MLS # : BE40927351
  • Updated Date : 10/30/2020 at 12:26
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,312 sqft
  • Baths : 2 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

If you are looking for a gorgeous home in a perfect location, this is it! You'll love the updated kitchen where no expense was spared, featuring stainless steel appliances, in/under cabinet lighting, quartzite countertops, pendant lighting, built-in wine rack, custom corner drawers - just to name a few features that make this kitchen fabulous. Others include: A state-of-the-art home theater that features a 12.5-foot screen and top-of-the-line sound system, updated windows, updated doors, baseboards, crown molding with back-lighting, electrical fixtures including rocker switches w/dimmers, recessed lighting, beautiful wood flooring and an energy efficient roof. This home has a large custom-covered pergola and patio, perfect for outdoor entertainment. It's located just down the street from the park, minutes from biking and hiking trails, and a short drive to Livermore's award-winning downtown and the Tri-Valley's renowned wine country, shopping, entertainment.

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PRICE & RENT TRENDS

Neighborhood: Summerset

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1020k

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

Neighborhood: Summerset

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $15043195

* 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
Rancho Las Positas Elementary School Primary Regular 553 23 6
Junction Avenue K-8 School Middle Regular 872 39 4
Granada High School High Regular 2,017 85 8

Rancho Las Positas Elementary School

  • Education Level: Primary
  • # of students: 553
  • # of teachers: 23
6
GreatSchools Rating

Junction Avenue K-8 School

  • Education Level: Middle
  • # of students: 872
  • # of teachers: 39
4
GreatSchools Rating

Granada High School

  • Education Level: High
  • # of students: 2,017
  • # of teachers: 85
8
GreatSchools Rating
 

$1,035,000$1,265,000$1,150,000

PURCHASE PRICE

$3,348$4,092$3,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,720
EXPENSES Loan Payment -$4,243
Property Tax -$1,292
Property Insurance -$83
Property Management Fees -$182
CASH FLOW
-$2,080

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.

$1,150,000

PROJECTED PRICE

$3,720

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$35k-$30k-$25k-$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$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$310,500

INVESTMENT

$310,500

Down Payment
$287,500
Rehab Estimate
$5,750
Closing Costs
$17,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,243

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $287,500
Loan Amount $862,500
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$108

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,720

    LIST RENT
  • $1.61

    LIST RENT PER SQFT
  • $3,884

    COMP ESTIMATED VALUE
  • $1.68

    COMP AVG. RENT PER SQFT
Comps Range
$3,300
1$3,3002$3,720
$3,720
RENT COMPS ANALYSIS
  • 1681 Placer Cir Livermore, CA 2
    • 4 beds 3 baths ∙ 2,312 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,312 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $3,720
    • $1.61
    •  
  • 1779 Corte Sueno Livermore, CA 1
    • 3 beds 3 baths ∙ 1,964 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,964 Sqft ∙ Built 1996
    LEASED 05/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.68
    •  
PROPERTY LISTING DETAILS
Sean Leggat
Coldwell Banker Realty
BESbswy