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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $453.90
- 6 Days on Market
- MLS # : BE40929587
- Updated Date : 11/18/2020 at 21:53
CONSTRUCTION
- Beds : 5
- Floor Size : 2,820 sqft
- Baths : 4 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
10-Car Parking Space, 5 Bedrm, 4 Baths, spacious private backyard in a quiet cul-de-sac! Established neighborhood in San Leandro. Highly Desirable Two-Story Contemporary Home in the highly sought after Marina Vista Community. Largest plan with 3- car garage. Wood floors, updated kitchen with freshly painted cabinets. High ceiling with large windows Huge Master Bedroom with retreat and fireplace. All good sized bedrooms one ideal for zoom room. Low HOA $63/month. Minutes to San Leandro Marina, Monarch Bay Golf Course, Dog Park, Kaiser, restaurants, supermarkets, Heron Bay hiking, and biking trails! * CLOSE Proximity to 880 Freeway, Downtown & Bart Stations. Don't Miss This one!
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PRICE & RENT TRENDS
Neighborhood: Marina Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Marina Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,980 |
| EXPENSES | Loan Payment | -$4,723 |
| Property Tax | -$1,374 | |
| Property Insurance | -$95 | |
| HOA | -$63 | |
| Property Management Fees | -$195 | |
|
CASH FLOW
-$2,469
|
||
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.
$1,280,000
PROJECTED PRICE
$3,980
PROJECTED RENT
0.31%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 11.1% |
| 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
$344,950
LOAN DETAILS
$4,723
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $320,000 |
| Loan Amount | $960,000 |
0.08
YEARS SAVED
$77
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
-
$4,004
COMP ESTIMATED VALUE -
$1.42
COMP AVG. RENT PER SQFT
Comps Range
-
2001 Clipper Ct San Leandro, CA 1
- 5 beds 4 baths ∙ 2,820 Sqft ∙ Built 1996 5 beds 4 baths ∙ 2,820 Sqft ∙ Built 1996
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2018 Royal Wings Way San Leandro, CA 2
- 5 beds 4 baths ∙ 2,820 Sqft ∙ Built 1998 5 beds 4 baths ∙ 2,820 Sqft ∙ Built 1998
LEASED 05/26/20- Rent
- Rent Per SQFT
- $4,000
- $1.42
PROPERTY LISTING DETAILS
Keller Williams Realty
