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PROPERTY INFO
FACTS
- Single Family
- Built In 1960
- Price/Sqft : $407.17
- 2 Days on Market
- MLS # : CC40933737
- Updated Date : 01/09/2021 at 11:40
CONSTRUCTION
- Beds : 3
- Floor Size : 1,228 sqft
- Baths : 2 full
Listing Agent
Better Homes And Gardens Rp
Listing Agent's Description
Super sweet! , almost original! wonderful area! great location, clean, gorgeous hardwood flooring, large rooms, Living room & Family room! breakfast bar/island, gas stove, dual pane windows, private setting , low maintenance yard, 2 car garage, RV access too! Yes needs TLC , fixer, handyman special, sweat equity
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PRICE & RENT TRENDS
Neighborhood: Fairmede-Hilltop
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Fairmede-Hilltop
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,730 |
EXPENSES | Loan Payment | -$1,737 |
Property Tax | -$557 | |
Property Insurance | -$57 | |
Property Management Fees | -$149 | |
CASH FLOW
$231
|
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.
$500,000
PROJECTED PRICE
$2,730
PROJECTED RENT
0.55%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 12.8% |
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
$138,250
LOAN DETAILS
$1,737
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $125,000 |
Loan Amount | $375,000 |
9.67
YEARS SAVED
$70,411
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
-
$2,395
COMP ESTIMATED VALUE -
$1.95
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Better Homes And Gardens Rp