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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $287.71
- 3 Days on Market
- MLS # : EB40933570
- Updated Date : 01/08/2021 at 11:22
CONSTRUCTION
- Beds : 4
- Floor Size : 3,785 sqft
- Baths : 4 full
Listing Agent
Delta Ranches & Homes, Inc.
Listing Agent's Description
Absolutely remarkable single story home, located in the prestigious Montelena neighborhood. (Owned Solar ), You will love the lay out of this home. large kitchen with an entertaining island. Stainess steel appliances, double oven, Gas cooktop, tech desk, sizeable pantry. Tile flooring throughout common living area, upgraded carpet, Tremendous open floor plan, with an amazing Family room, gas fireplace, Formal living room and Dining room. Oversized bedrooms with built-in closet organizers, additional room den/bonus room. Master Suite boasts a Large bedroom, with a beautiful bathroom, tile flooring, His and Hers vanity sinks, Walk-in closet with an overabundance of room. Not only is the inside of this home Spectacular- wait until you walk into this beautiful relaxing back yard, covered patio with built in BBQ, fire pit, beautiful sparkling pool and hot tub......A MUST SEE!
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PRICE & RENT TRENDS
Neighborhood: Montelena
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Montelena
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,440 |
EXPENSES | Loan Payment | -$3,783 |
Property Tax | -$1,083 | |
Property Insurance | -$118 | |
Property Management Fees | -$169 | |
CASH FLOW
-$1,712
|
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.
$1,089,000
PROJECTED PRICE
$3,440
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 9.3% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.60% |
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
$294,335
LOAN DETAILS
$3,783
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $272,250 |
Loan Amount | $816,750 |
0.17
YEARS SAVED
$134
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
-
$3,454
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Delta Ranches & Homes, Inc.