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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $221.15
- 4 Days on Market
- MLS # : EB40930829
- Updated Date : 12/03/2020 at 10:00
CONSTRUCTION
- Beds : 4
- Floor Size : 3,527 sqft
- Baths : 3 full
Listing Agent
Realty One Group Elite
Listing Agent's Description
Great Entertainer's Home with solar heated PebbleTech pool and spa in large park-like back yard with bocce court, patio and gazebo. In addition to the 4 bedrooms and 3 baths, enjoy the large bonus/game room. In winter months, grab a good book and your favorite beverage and relax at your choice of 3 fireplaces including one located in your master retreat. Did I mention the spacious 3 car garage? Refrigerator, Washer, Dryer and 2 sheds are included. Easy access to shopping and commute.
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PRICE & RENT TRENDS
Neighborhood: Laurel Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Laurel Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,120 |
EXPENSES | Loan Payment | -$2,878 |
Property Tax | -$762 | |
Property Insurance | -$112 | |
Property Management Fees | -$153 | |
CASH FLOW
-$785
|
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.
$780,000
PROJECTED PRICE
$3,120
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 7.9% |
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
$212,450
LOAN DETAILS
$2,878
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $195,000 |
Loan Amount | $585,000 |
1.92
YEARS SAVED
$11,598
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
-
$3,351
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty One Group Elite