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PROPERTY INFO
FACTS
- Single Family
- Built In 1964
- Price/Sqft : $522.16
- 6 Days on Market
- MLS # : CC40933235
- Updated Date : 01/05/2021 at 11:17
CONSTRUCTION
- Beds : 4
- Floor Size : 1,331 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker Bartels
Listing Agent's Description
Don't miss this 4/2 updated single story ranch style home at Tara Hill area! Hardwood flooring, upgraded electrical box, Updated baths and Kitchen, Panoramic bay view, Spacious and large back yard with RV/Boat parking space. Large shed at back yard with fruit trees. Awaiting for the new owners to call it home!
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PRICE & RENT TRENDS
Neighborhood: Tara Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Tara Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,840 |
EXPENSES | Loan Payment | -$2,414 |
Property Tax | -$841 | |
Property Insurance | -$59 | |
Property Management Fees | -$149 | |
CASH FLOW
-$623
|
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.
$695,000
PROJECTED PRICE
$2,840
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 9.9% |
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
$189,925
LOAN DETAILS
$2,414
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $173,750 |
Loan Amount | $521,250 |
2.17
YEARS SAVED
$10,022
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
-
$2,509
COMP ESTIMATED VALUE -
$1.88
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Coldwell Banker Bartels