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PROPERTY INFO
FACTS
- Single Family
- Built In 1968
- Price/Sqft : $430.50
- 2 Days on Market
- MLS # : CC40932976
- Updated Date : 01/02/2021 at 18:34
CONSTRUCTION
- Beds : 3
- Floor Size : 1,856 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Realty
Listing Agent's Description
Be prepared to fall in love w/ this impeccably maintained & detailed property in a small, idyllic neighborhood, on a quiet court. This 3 Bedroom, 2.5 Bath, home has an open floor plan, w/ lots of room for entertaining. The kitchen has wilson art counters, black appliances, and granite floors. The home shines w/ real hardwood & marble tile floors throughout. Bathrooms have granite counter tops and tile surroundings. Bedrooms are spacious with carpet and wardrobe mirror door closets. Backyard offers more room for entertaining with a hot tub, an out door kitchen, and a large fire pit bar w/ seating for up to 18 guests - outside dinning, including another fire pit, to relax and enjoy a glass of wine. If you love golf, you will feel at home w/ putting green, surrounded by gorgeous pavers, and lots of storage with a built in shed. This property will not last, it is a must see.
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PRICE & RENT TRENDS
Zip Code: 94519
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94519
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,130 |
EXPENSES | Loan Payment | -$2,948 |
Property Tax | -$887 | |
Property Insurance | -$72 | |
Property Management Fees | -$153 | |
CASH FLOW
-$930
|
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.
$799,000
PROJECTED PRICE
$3,130
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.6% |
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
$217,485
LOAN DETAILS
$2,948
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $199,750 |
Loan Amount | $599,250 |
1.33
YEARS SAVED
$6,377
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$3,536
COMP ESTIMATED VALUE -
$1.91
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Keller Williams Realty