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PROPERTY INFO
FACTS
- Single Family
- Built In 1951
- Price/Sqft : $495.39
- 5 Days on Market
- MLS # : BE40931541
- Updated Date : 12/11/2020 at 11:40
CONSTRUCTION
- Beds : 3
- Floor Size : 1,411 sqft
- Baths : 2 full
Listing Agent
Realty One Group Future
Listing Agent's Description
Gorgeous home featuring 3 bedrooms, 2 bathrooms, 1 car garage and a driveway for 2. Family Room that could be used as the Master Bedroom as it has a full bathroom, closet and fireplace. Spacious back yard with cover patio and storage. Updated Kitchen and bathroom. New Carpets and new painting inside and out and newer roof.
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PRICE & RENT TRENDS
Neighborhood: Jackson Triangle
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Jackson Triangle
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,120 |
EXPENSES | Loan Payment | -$2,579 |
Property Tax | -$741 | |
Property Insurance | -$61 | |
Property Management Fees | -$153 | |
CASH FLOW
-$414
|
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.
$699,000
PROJECTED PRICE
$3,120
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 12.5% |
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
$190,985
LOAN DETAILS
$2,579
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $174,750 |
Loan Amount | $524,250 |
4
YEARS SAVED
$30,820
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
-
$3,598
COMP ESTIMATED VALUE -
$2.55
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty One Group Future