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INVESTimate
$700,000
List Price
$191,250
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1955
- Price/Sqft : $559.11
- 2 Days on Market
- MLS # : BE40918100
- Updated Date : 08/25/2020 at 13:44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,252 sqft
- Baths : 2 full
Listing Agent
Fohl And Hernandez Re
Listing Agent's Description
Beautiful Fairway Park home sale. This Lovely 3 Bedroom 2 Bath home has been tastefully prepared for sale. Both exterior & interior have been painted. The floor plan has a great open design. Beautiful new floors in living room and hall. Hardwood floors under carpets. A remodeled hall bathroom. A new furnance. And the Kitchen features granite counter tops. Hot tub in backyard which is perfect for entertaining both Family & Friends. Located in Union City School Dist! An attached 2-car garage, Excellent central location for commute: just minutes to BART, freeway 880 & The San Mateo Bridge. Priced to Sell Fast...You Better Hurry!
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PRICE & RENT TRENDS
Neighborhood: Fairway Park
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Fairway Park
* 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 | $2,800 |
EXPENSES | Loan Payment | -$2,583 |
Property Tax | -$786 | |
Property Insurance | -$57 | |
Property Management Fees | -$149 | |
CASH FLOW
-$775
|
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.
$700,000
PROJECTED PRICE
$2,800
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 10.88% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.63% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$191,250
LOAN DETAILS
$2,583
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $175,000 |
Loan Amount | $525,000 |
1.5
YEARS SAVED
$7,300
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
-
$3,063
COMP ESTIMATED VALUE -
$2.45
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Fohl And Hernandez Re