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INVESTimate
$899,000
List Price
$243,985
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1978
- Price/Sqft : $478.19
- 3 Days on Market
- MLS # : CC40917774
- Updated Date : 08/24/2020 at 07:50
CONSTRUCTION
- Beds : 4
- Floor Size : 1,880 sqft
- Baths : 3 full
Listing Agent
Compass
Listing Agent's Description
Excellent Location in the Heart of Twin Creeks. This lovely home has so much potential for someone with vision and an excellent opportunity to make it your own. Home is cosmetically in original condition. Its East/NE facing and has a larger backyard to the north of the house. This home has solid bones: long wear metal roof, drainage hardscaping. The gutters, water heater, furnace recently serviced and not original. Tri-level footprint with ground-level bed and full bath. Larger lot for possible small ADU/in-law unit. Come view the last weekend of August. Convenient to shopping, Diablo Plaza, City Center, Walking Trails, schools and 680 freeway access.
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PRICE & RENT TRENDS
Neighborhood: Twin Creeks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Twin Creeks
* 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 | $3,570 |
EXPENSES | Loan Payment | -$3,317 |
Property Tax | -$965 | |
Property Insurance | -$73 | |
HOA | -$41 | |
Property Management Fees | -$175 | |
CASH FLOW
-$1,001
|
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.
$899,000
PROJECTED PRICE
$3,570
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 7.54% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$243,985
LOAN DETAILS
$3,317
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $224,750 |
Loan Amount | $674,250 |
1.42
YEARS SAVED
$8,049
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,570
LIST RENT -
$1.9
LIST RENT PER SQFT
-
$3,849
COMP ESTIMATED VALUE -
$2.05
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Compass