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INVESTimate
$779,900
List Price
$212,424
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1950
- Price/Sqft : $501.22
- 2 Days on Market
- MLS # : MR40918209
- Updated Date : 08/25/2020 at 22:25
CONSTRUCTION
- Beds : 3
- Floor Size : 1,556 sqft
- Baths : 2 full
Listing Agent
Re/max Executive
Listing Agent's Description
Quiet & Peaceful describes this Country Living paradise on .62 acres. Main Home features Custom real wood Hunter Douglas bottom touch-controlled blinds, oak wood floors, recessed lights, and custom textured walls thru out home. Kitchen features granite c-tops w/island, solid wood cabinets, appliances that incl 2 dbl ovens + full convection oven with stove top and ss hood. Dining area that overlooks Lrg custom Redwood deck. M/B is a dream w/dbl shower heads and tile covered seat, separate jetted jacz tub. Living rm incl theater, surround sound speakers. Stable climate, large basement or wine cellar? In-law qtrs. incl granite c-tops, maple cabinets, walk-in closet w/connecting laundry rm. Custom stamped concrete to detached garage with drive-through front custom auto door/back lrg barn door. New Lrg capacity H2O softener & filtration system installed 2019. Separate potential workshops are a must see. Multi RV parking w/elect and sewer hookup. Chick-coop,garden,fruit trees & grapevines
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PRICE & RENT TRENDS
Neighborhood: South Oakley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: South Oakley
* 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 | $2,740 |
EXPENSES | Loan Payment | -$2,877 |
Property Tax | -$912 | |
Property Insurance | -$65 | |
Property Management Fees | -$149 | |
CASH FLOW
-$1,263
|
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.
$779,900
PROJECTED PRICE
$2,740
PROJECTED RENT
0.35%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.66% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.63% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$212,424
LOAN DETAILS
$2,877
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $194,975 |
Loan Amount | $584,925 |
0.25
YEARS SAVED
$181
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
-
$2,521
COMP ESTIMATED VALUE -
$1.62
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Re/max Executive