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INVESTimate
$990,000
List Price
$268,100
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1972
- Price/Sqft : $399.68
- 3 Days on Market
- MLS # : CC40918054
- Updated Date : 08/25/2020 at 11:56
CONSTRUCTION
- Beds : 4
- Floor Size : 2,477 sqft
- Baths : 3 full
Listing Agent
Compass
Listing Agent's Description
Greenbrook opportunity knocks, This is a contractor special - This is a fixer in prime court location with private lot and pool. As is - reports available - probate sale. All PEAD rules must be followed. Do not go out on the balcony off of the master.
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PRICE & RENT TRENDS
Neighborhood: Danville South
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Danville South
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $4,500 |
EXPENSES | Loan Payment | -$3,653 |
Property Tax | -$1,146 | |
Property Insurance | -$87 | |
HOA | -$1,025 | |
Property Management Fees | -$221 | |
CASH FLOW
-$1,631
|
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.
$990,000
PROJECTED PRICE
$4,500
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 7.33% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$268,100
LOAN DETAILS
$3,653
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $247,500 |
Loan Amount | $742,500 |
0.08
YEARS SAVED
$100
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
-
$4,973
COMP ESTIMATED VALUE -
$2.01
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Compass