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2576 Orvieto Ct Livermore, CA 94550

4 Beds 3 Baths 2,659 sqft Built 2004

$1,395,000

List Price

$4,130

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $524.63
  • 4 Days on Market
  • MLS # : BE40934283
  • Updated Date : 01/14/2021 at 17:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,659 sqft
  • Baths : 2 full , 1 half
Listing Agent

Venture Sotheby's Intl Rlty

Listing Agent's Description

Stylish single story living! Inviting courtyard entry. Large "great room" style living/dining rooms with French doors to lovely rear yard. Expertly outfitted designer kitchen with stainless steel appliances, gas cook-top, island with breakfast bar opens to family room with built-in cabinets and fireplace. Cozy circular breakfast room. Master suite has luxurious spa like bath with separate vanities, soaking tub and large walk-in closet. Laundry room complete with cabinets, sink, washer and dryer. New water heater and HVAC. Customized garage with epoxy floor. Private yard with room for vegetable garden/play area. Located in the Livermore Valley Wine Country.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South Livermore

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1299k

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

Neighborhood: South Livermore

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000320034003600380040004200Rent in $15764318

* 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
Emma C. Smith Elementary School Primary Regular 727 28 8
William Mendenhall Middle School Middle Regular 958 36 8
Granada High School High Regular 2,017 85 8

Emma C. Smith Elementary School

  • Education Level: Primary
  • # of students: 727
  • # of teachers: 28
8
GreatSchools Rating

William Mendenhall Middle School

  • Education Level: Middle
  • # of students: 958
  • # of teachers: 36
8
GreatSchools Rating

Granada High School

  • Education Level: High
  • # of students: 2,017
  • # of teachers: 85
8
GreatSchools Rating
 

$1,255,500$1,534,500$1,395,000

PURCHASE PRICE

$3,717$4,543$4,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,130
EXPENSES Loan Payment -$4,845
Property Tax -$1,478
Property Insurance -$91
Property Management Fees -$202
CASH FLOW
-$2,487

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.

$1,395,000

PROJECTED PRICE

$4,130

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.4%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$375,425

INVESTMENT

$375,425

Down Payment
$348,750
Rehab Estimate
$5,750
Closing Costs
$20,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$4,845

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $348,750
Loan Amount $1,046,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$72

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $4,130

    LIST RENT
  • $1.55

    LIST RENT PER SQFT
  • $4,254

    COMP ESTIMATED VALUE
  • $1.6

    COMP AVG. RENT PER SQFT
Comps Range
$3,975
1$3,9752$3,9953$4,1304$4,800
$4,800
RENT COMPS ANALYSIS
  • 2576 Orvieto Ct Livermore, CA 3
    • 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,130
    • $1.55
    •  
  • 1681 Fluorite Ct Livermore, CA 1
    • 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 1996
    property image
    LEASED 11/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,975
    • $1.58
    •  
  • 549 Sonoma Ave Livermore, CA 2
    • 4 beds 3 baths ∙ 2,867 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,867 Sqft ∙ Built 2018
    property image
    LEASED 10/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.39
    •  
  • 2437 Romano Cir Pleasanton, CA 4
    • 4 beds 3 baths ∙ 2,627 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,627 Sqft ∙ Built 1998
    property image
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $1.83
    •  
PROPERTY LISTING DETAILS
Melissa Pederson
Venture Sotheby's Intl Rlty
BESbswy