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PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $394.25
- 2 Days on Market
- MLS # : MR40927788
- Updated Date : 11/02/2020 at 21:44
CONSTRUCTION
- Beds : 4
- Floor Size : 1,773 sqft
- Baths : 2 full
Listing Agent
Villarin Homes Realty
Listing Agent's Description
A charming single family home with 4 bedrooms and 2 baths in the 'Birds' neighborhood of Hercules. This property features high ceiling in the living room and dining combo rooms, newly installed luxury laminate flooring throughout, double-paned windows, 2-car garage, newer SS kitchen appliances, fireplace and lots of natural lighting! Good sized backyard for entertainment, shed for additional storage and side of property has large area for added parking. Close to all amenities and minutes away to HWY 80.
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PRICE & RENT TRENDS
Neighborhood: The Birds
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: The Birds
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,980 |
| EXPENSES | Loan Payment | -$2,579 |
| Property Tax | -$823 | |
| Property Insurance | -$70 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$640
|
||
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
$2,980
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 9.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| 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 |
2.33
YEARS SAVED
$13,695
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
-
$2,730
COMP ESTIMATED VALUE -
$1.54
COMP AVG. RENT PER SQFT
Comps Range
-
265 Sparrow Drive Hercules, CA 1
- 4 beds 2 baths ∙ 1,773 Sqft ∙ Built 1980 4 beds 2 baths ∙ 1,773 Sqft ∙ Built 1980
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
7 Plateau Ct Hercules, CA 2
- 3 beds 3 baths ∙ 1,434 Sqft ∙ Built 1980 3 beds 3 baths ∙ 1,434 Sqft ∙ Built 1980
![property image]()
LEASED 02/28/20- Rent
- Rent Per SQFT
- $2,400
- $1.67
-
2035 Pheasant Dr Hercules, CA 3
- 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 1981 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 1981
![property image]()
LEASED 07/15/19- Rent
- Rent Per SQFT
- $2,800
- $1.41
PROPERTY LISTING DETAILS
Villarin Homes Realty
