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PROPERTY INFO
FACTS
- Single Family
- Built In 1991
- Price/Sqft : $320.33
- 3 Days on Market
- MLS # : EB40930414
- Updated Date : 11/28/2020 at 14:24
CONSTRUCTION
- Beds : 3
- Floor Size : 1,795 sqft
- Baths : 2 full
Listing Agent
Cal Bay Realty
Listing Agent's Description
Absolutely stunning single story home on a court with premium lot and way too many upgrades to list.. Walk into a family room with gorgeous high ceilings, with warm fireplace. A chef's dream kitchen recently done from top to bottom. Beautiful new flooring throughout, including newly installed laminate floors, plus new tile in the kitchen & bathrooms. There is a formal dining area with an open floor concept to both the family room & kitchen. 2 additional large bedrooms, again with high ceilings. Your master bedroom is huge & offers double vanity sinks, two walk in closets, soaking bathtub & shower. Sliding door to the oversized private yard with lots of space for entertaining, possible pool or ADU ! There is a laundry room & larger-than-standard two car garage as well for shop. Discovery Bay is a great place to live & yet still feel like you're on vacation. Great restaurant's & shops. Enjoy the delta life in this rare single-level home with all the bells & whistles plus NO HOA fees!
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PRICE & RENT TRENDS
Zip Code: 94505
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94505
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,520 |
| EXPENSES | Loan Payment | -$2,122 |
| Property Tax | -$637 | |
| Property Insurance | -$70 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$458
|
||
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.
$575,000
PROJECTED PRICE
$2,520
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| 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
$158,125
LOAN DETAILS
$2,122
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $143,750 |
| Loan Amount | $431,250 |
3.08
YEARS SAVED
$16,660
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,520
LIST RENT -
$1.4
LIST RENT PER SQFT
-
$2,630
COMP ESTIMATED VALUE -
$1.46
COMP AVG. RENT PER SQFT
Comps Range
-
2470 San Simeon Ct Discovery Bay, CA 1
- 3 beds 2 baths ∙ 1,795 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,795 Sqft ∙ Built 1991
- Rent
- Rent Per SQFT
- $2,520
- $1.40
-
5250 Riverlake Rd Discovery Bay, CA 2
- 4 beds 2 baths ∙ 1,778 Sqft ∙ Built 1980 4 beds 2 baths ∙ 1,778 Sqft ∙ Built 1980
LEASED 02/07/20- Rent
- Rent Per SQFT
- $2,600
- $1.46
-
2408 Wayfarer Ct Discovery Bay, CA 3
- 3 beds 3 baths ∙ 1,992 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,992 Sqft ∙ Built 1990
LEASED 02/17/20- Rent
- Rent Per SQFT
- $2,795
- $1.40
-
2100 Largo Ct. Discovery Bay, CA 4
- 4 beds 3 baths ∙ 2,021 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,021 Sqft ∙ Built 1987
LEASED 02/13/20- Rent
- Rent Per SQFT
- $3,000
- $1.48
-
1594 Willow Lake Rd Discovery Bay, CA 5
- 3 beds 3 baths ∙ 1,975 Sqft ∙ Built 1978 3 beds 3 baths ∙ 1,975 Sqft ∙ Built 1978
LEASED 08/01/20- Rent
- Rent Per SQFT
- $3,000
- $1.52
PROPERTY LISTING DETAILS
Cal Bay Realty
