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PROPERTY INFO
FACTS
- Single Family
- Built In 1993
- Price/Sqft : $100.47
- 3 Days on Market
- MLS # : 21768378
- Updated Date : 02/26/2021 at 13:56
CONSTRUCTION
- Beds : 4
- Floor Size : 2,986 sqft
- Baths : 2 full , 1 half
Listing Agent
Berkshire Hathaway Home
Listing Agent's Description
Located at the end of a culdesac with spectactular views of the 4th & 5th fairway, this Pebble Brook home is a true find! This more than 2100 square foot also features a 3rd car garage, screened porch, wood burning fireplace + finished basement! All major mechanicals are less than 6 years old (HVAC + Water Heater + Humidifier/Dynamic Air Cleaner), Sump Pump & Battery Back up 2020, Roof was new in 2014 and Sewer Lateral 2017. New Frigidaire Wall Oven in kitchen! Full yard irrigation system. Great location & amenities - enjoy the pool, bball, golf course, bar + restaurant! Convenient to daycare, schools, shopping + the Midland Trail.
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PRICE & RENT TRENDS
Neighborhood: Pebble Brook
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pebble Brook
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,930 |
| EXPENSES | Loan Payment | -$1,042 |
| Property Tax | -$489 | |
| Property Insurance | -$85 | |
| HOA | -$30 | |
| Property Management Fees | -$174 | |
|
CASH FLOW
$111
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.
$300,000
PROJECTED PRICE
$1,930
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.87% |
| Appreciation Year (1-5) | 6.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 8.07% |
| 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
$85,250
LOAN DETAILS
$1,042
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $75,000 |
| Loan Amount | $225,000 |
4.33
YEARS SAVED
$13,268
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,930
LIST RENT -
$0.65
LIST RENT PER SQFT
-
$2,090
COMP ESTIMATED VALUE -
$0.7
COMP AVG. RENT PER SQFT
Comps Range
-
17930 Hollow Brook Court Noblesville, IN 2
- 4 beds 3 baths ∙ 2,986 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,986 Sqft ∙ Built 1993
- Rent
- Rent Per SQFT
- $1,930
- $0.65
-
19251 Outer Bank Road Noblesville, IN 1
- 4 beds 3 baths ∙ 2,650 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,650 Sqft ∙ Built 2006
LEASED 09/24/19- Rent
- Rent Per SQFT
- $1,845
- $0.70
PROPERTY LISTING DETAILS
1.317.430.0866
Berkshire Hathaway Home
MLS #: 21768378
Last Updated: 02/26/2021
