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INVESTimate
$1,100,000
List Price
$297,250
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1968
- Price/Sqft : $425.04
- 3 Days on Market
- MLS # : CC40917832
- Updated Date : 08/25/2020 at 15:01
CONSTRUCTION
- Beds : 5
- Floor Size : 2,588 sqft
- Baths : 2 full , 1 half
Listing Agent
Windermere Bay Area Properties
Listing Agent's Description
Welcome to Diablo Shadows and one of the largest single story homes in this Northgate neighborhood. This long time family home has so many fond family memories and has been lovingly maintained over the decades of ownership. Over the years, the property was expanded from the standard floor plan, cosmetically and structurally bumped out to make the bedrooms and primary bedroom very large and inviting. The property has formal Dining Room, Living Room with wood burning stove, Family, eat in Kitchen, composite deck and concrete patio all set up for entertaining. There is a Tesla solar system on the roof to help offset the electric bill and much of the landscaping is drought tolerant on drip irrigation. Come see all the possibilities...
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PRICE & RENT TRENDS
Neighborhood: Diablo Shadows
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Diablo Shadows
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $4,260 |
EXPENSES | Loan Payment | -$4,059 |
Property Tax | -$1,113 | |
Property Insurance | -$90 | |
Property Management Fees | -$209 | |
CASH FLOW
-$1,210
|
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.
$1,100,000
PROJECTED PRICE
$4,260
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 5.94% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$297,250
LOAN DETAILS
$4,059
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $275,000 |
Loan Amount | $825,000 |
1.5
YEARS SAVED
$10,811
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
-
$4,529
COMP ESTIMATED VALUE -
$1.75
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Windermere Bay Area Properties