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PROPERTY INFO
FACTS
- Built In 1956
- Price/Sqft : $1,108.03
- 5 Days on Market
- MLS # : BE40927979
- Updated Date : 11/04/2020 at 13:31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,083 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker Realty
Listing Agent's Description
Opportunity in knocking !!! This Ranch Style Mission San Jose District home features Three Bedrooms, Two Bathrooms and a Two Car Garage. It's located on an expansive (8,000 Sq.Ft.) level lot with side access, private backyard and in the most beautiful of neighborhoods. It also features a fireplace in the living room, forced-air central heating, mostly all dual pane windows and a bay window in the kitchen with views of the hills. The property is mostly all original, selling "As Is" and will need remodeling. You wont find a better property location with the vast possibilities to make this property the home of your dreams. Nearby, are the highly rated schools... Mission Valley Elementary, Hopkins Junior High and Mission San Jose High School. Property is in great proximity to the Phillip Bauer Park, Shopping Center, Restaurants, BART and the 680 Freeway!
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PRICE & RENT TRENDS
Neighborhood: Cameron Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Cameron Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,760 |
| EXPENSES | Loan Payment | -$4,427 |
| Property Tax | -$1,277 | |
| Property Insurance | -$53 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$3,147
|
||
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.
$1,200,000
PROJECTED PRICE
$2,760
PROJECTED RENT
0.23%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| 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
$323,750
LOAN DETAILS
$4,427
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $300,000 |
| Loan Amount | $900,000 |
-0.25
YEARS SAVED
-$176
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,778
COMP ESTIMATED VALUE -
$2.57
COMP AVG. RENT PER SQFT
Comps Range
-
3159 Bruce Drive Fremont, CA 1
- 3 beds 2 baths ∙ 1,083 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,083 Sqft ∙ Built 1956
- Rent
- Rent Per SQFT
- $0
- $0.00
-
4325 Millard Ave Fremont, CA 2
- 3 beds 2 baths ∙ 1,201 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,201 Sqft ∙ Built 1955
LEASED 04/24/20- Rent
- Rent Per SQFT
- $2,995
- $2.49
-
41340 Erma Ave Fremont, CA 3
- 3 beds 2 baths ∙ 1,180 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,180 Sqft ∙ Built 1956
LEASED 11/25/19- Rent
- Rent Per SQFT
- $3,050
- $2.58
-
3680 Wilmington Rd Fremont, CA 4
- 4 beds 2 baths ∙ 1,314 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,314 Sqft ∙ Built 1960
LEASED 06/15/20- Rent
- Rent Per SQFT
- $3,300
- $2.51
-
4425 Ladner St Fremont, CA 5
- 4 beds 2 baths ∙ 1,419 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,419 Sqft ∙ Built 1955
LEASED 08/13/20- Rent
- Rent Per SQFT
- $3,800
- $2.68
PROPERTY LISTING DETAILS
Coldwell Banker Realty
