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2157 Park St Livermore, CA 94551

3 Beds 2 Baths 1,542 sqft Built 1980

$599,998

List Price

$2,950

$2.7K - $3.2K

Rent Est.

$164,749

Investment Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $389.10
  • 3 Days on Market
  • MLS # : BE40934500
  • Updated Date : 01/16/2021 at 19:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,542 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

Absolute Bargain! Unbelievable Price! Hurry It Won't Last Long at This Low, Low Price. Walking distance to Restaurants, Movie Theater, Livermore Valley Opera and one of Livermore's finest K through 8 immersion program. Don't Miss this Golden Opportunity for a Fantastic Deal in a Wonderful Neighborhood.

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PRICE & RENT TRENDS

Neighborhood: Northside Livermore

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1016k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Northside Livermore

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13963195

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Junction Avenue K-8 School Primary Regular 872 39 4
Junction Avenue K-8 School Middle Regular 872 39 4
Livermore High School High Regular 1,771 82 8

Junction Avenue K-8 School

  • Education Level: Primary
  • # of students: 872
  • # of teachers: 39
4
GreatSchools Rating

Junction Avenue K-8 School

  • Education Level: Middle
  • # of students: 872
  • # of teachers: 39
4
GreatSchools Rating

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

FINANCIALS

Learn how to read this

$539,998$659,998$599,998

PURCHASE PRICE

$2,655$3,245$2,950

RENT

DOWN PAYMENT
FINANCING
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FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,950
EXPENSES Loan Payment -$2,084
Property Tax -$684
Property Insurance -$64
Property Management Fees -$149
CASH FLOW
-$32

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.

$599,998

PROJECTED PRICE

$2,950

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow

  • Appreciation

  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation

  • Principal

  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,749

INVESTMENT

$164,749

Down Payment		 $150,000
Rehab Estimate		 $5,750
Closing Costs		 $9,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$2,084

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $150,000
Loan Amount $449,999
See What Happens When You Reinvest Cash Flow

6.92

YEARS SAVED

$50,344

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

  • $2,965

    COMP ESTIMATED VALUE

  • $1.92

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9003$3,0004$3,1005$3,400
$3,400
RENT COMPS ANALYSIS
  • 2157 Park St Livermore, CA 1
    • 3 beds 2 baths ∙ 1,542 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,542 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 338 Mcleod St Livermore, CA 2
    • 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1987
    property image
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $2.01
    •  
  • 807 Crane Livermore, CA 3
    • 4 beds 2 baths ∙ 1,525 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,525 Sqft ∙ Built 1960
    property image
    LEASED 05/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.97
    •  
  • 1881 Corte Cava Livermore, CA 4
    • 3 beds 3 baths ∙ 1,752 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,752 Sqft ∙ Built 1996
    property image
    LEASED 12/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.77
    •  
  • 1824 Corte Cava Livermore, CA 5
    • 3 beds 3 baths ∙ 1,750 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,750 Sqft ∙ Built 1995
    property image
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.94
    •  
PROPERTY LISTING DETAILS
LISTING AGENT
Alexander Watson
Keller Williams Tri-valley

All returns, cash flow, and appreciation estimates are projections. Please review our Disclaimer for more information.

All values are rounded to the nearest dollar.
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