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PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $274.60
- 3 Days on Market
- MLS # : EB40931144
- Updated Date : 12/04/2020 at 17:41
CONSTRUCTION
- Beds : 5
- Floor Size : 3,150 sqft
- Baths : 3 full
Listing Agent
Morning Star Properties
Listing Agent's Description
Gorgeous 2 stroy home with beautiful curb appeal & huge concreted side yard & RV ACCESS with dump & electrical hookup. Home is stunning from the moment ou open the front door into the formal living room with fireplace/overlooking the arched entry into the formal dining rooon. Kitchen/family room combo has surrounding windows with beautiful plantation shutters, breakfast bar & island cabinet. Dbl. oven, built in whirlpool micro/gas cooktop & lots of built-in cabinets. Family room fireplace for the cozy winter & bright light windows show off the gorgeous built-in dark blue bottom pool/spa with additional Ultra Violet cleaning system. Full length patio and patio cover &+ overhead fans, lush landscape as detached custom bar with pitched roof to enjoy all summer. 6th bedroom inside is a bonus room in addition to the great sized 5 bedroooms. Jetted tub in the master/separate shower. Custom color interior throughout, raised panel doors & Dbl garage doors openers, auto sprinklers inc.
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PRICE & RENT TRENDS
Neighborhood: Meridian Point
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Meridian Point
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,000 |
| EXPENSES | Loan Payment | -$3,191 |
| Property Tax | -$860 | |
| Property Insurance | -$103 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$1,303
|
||
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.
$865,000
PROJECTED PRICE
$3,000
PROJECTED RENT
0.35%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.4% |
| 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
$234,975
LOAN DETAILS
$3,191
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $216,250 |
| Loan Amount | $648,750 |
0.33
YEARS SAVED
$561
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
-
$3,221
COMP ESTIMATED VALUE -
$1.02
COMP AVG. RENT PER SQFT
Comps Range
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2003 Grant St Brentwood, CA 1
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- $0
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1457 Paradise Ln Brentwood, CA 2
- 5 beds 3 baths ∙ 3,129 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,129 Sqft ∙ Built 2005
LEASED 01/02/20- Rent
- Rent Per SQFT
- $2,850
- $0.91
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1813 Moreau Way Brentwood, CA 3
- 4 beds 3 baths ∙ 3,302 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,302 Sqft ∙ Built 2004
LEASED 08/16/19- Rent
- Rent Per SQFT
- $3,200
- $0.97
-
885 Inverness Ct Brentwood, CA 4
- 4 beds 4 baths ∙ 3,069 Sqft ∙ Built 2002 4 beds 4 baths ∙ 3,069 Sqft ∙ Built 2002
LEASED 05/01/20- Rent
- Rent Per SQFT
- $3,250
- $1.06
-
2321 Star Lilly Street Brentwood, CA 5
- 4 beds 3 baths ∙ 3,477 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,477 Sqft ∙ Built 2006
LEASED 11/22/20- Rent
- Rent Per SQFT
- $4,000
- $1.15
PROPERTY LISTING DETAILS
Morning Star Properties
