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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $353.59
- 4 Days on Market
- MLS # : CC40932641
- Updated Date : 12/25/2020 at 20:34
CONSTRUCTION
- Beds : 3
- Floor Size : 2,370 sqft
- Baths : 2 full , 1 half
Listing Agent
Re/max Accord
Listing Agent's Description
Newer home built in 2004 with expansive feel and lots of space to live/work. Extra large family room with soaring ceilings & beams. Open kitchen with large island and quartz countertops. Bedroom & full bath on main floor. 2 bedrooms up. Master bedroom with large remodeled master bathroom/soaking tub/walk in shower, & walk in closet. Large secondary bedroom with en-suite half bath. Loft/bonus room on upper level. Welcoming front porch, large back deck leading to large yard with faux grass feature. Balcony on upper level. Cute playhouse in backyard. 2 Car garage finished with storage and volume ceilings. Lots of opportunity for inside/outside living. Bright, cheerful home. No HOA. Schools (Hidden Valley/Valley View/College Park), plus magnet school possible at Sequoia for Elementary and Middle. Laundry Room/Mud room. Refrigerator/Washer/Dryer stays with home.
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PRICE & RENT TRENDS
Neighborhood: Pacheco
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pacheco
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,250 |
EXPENSES | Loan Payment | -$3,092 |
Property Tax | -$935 | |
Property Insurance | -$84 | |
Property Management Fees | -$159 | |
CASH FLOW
-$1,021
|
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.
$838,000
PROJECTED PRICE
$3,250
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 11.1% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.63% |
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
$227,820
LOAN DETAILS
$3,092
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $209,500 |
Loan Amount | $628,500 |
1.17
YEARS SAVED
$5,085
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
-
$3,958
COMP ESTIMATED VALUE -
$1.67
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Re/max Accord