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PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $542.30
- 2 Days on Market
- MLS # : BE40933763
- Updated Date : 01/09/2021 at 18:56
CONSTRUCTION
- Beds : 5
- Floor Size : 2,766 sqft
- Baths : 3 full , 1 half
Listing Agent
Legacy Real Estate & Assoc.
Listing Agent's Description
One of the best neighborhood in Union City. You will fall in love with this home as you enter into the double door. Elegant living area with vaulted ceiling, formal dining for entertaining friends and family members. Light and bright kitchen with breakfast nook and family room. Sliding door in the family room opens up to spacious backyard which has has concrete patio, beautiful lawn and gorgeous water fountain.Plantation shutters throughout the home. Convenient downstairs master suite. Second floor has 4 bedroom and 2 bathrooms which include one master suite. 3 car garage with Epoxy flooring and custom cabinetry. Close to top rated Delaine Eastin Elementary school, new Facebook campus in Fremont, easy access to 880/92/84, Dumbarton Bridge. Short walk to Coyote Hills Regional Park.
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PRICE & RENT TRENDS
Neighborhood: Union City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Union City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,250 |
| EXPENSES | Loan Payment | -$5,210 |
| Property Tax | -$1,418 | |
| Property Insurance | -$94 | |
| Property Management Fees | -$208 | |
|
CASH FLOW
-$2,680
|
||
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.
$1,500,000
PROJECTED PRICE
$4,250
PROJECTED RENT
0.28%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 11.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| 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
$403,250
LOAN DETAILS
$5,210
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $375,000 |
| Loan Amount | $1,125,000 |
0.08
YEARS SAVED
$90
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
-
$4,481
COMP ESTIMATED VALUE -
$1.62
COMP AVG. RENT PER SQFT
Comps Range
-
32416 New Harbor Way Union City, CA 1
- 5 beds 4 baths ∙ 2,766 Sqft ∙ Built 1998 5 beds 4 baths ∙ 2,766 Sqft ∙ Built 1998
- Rent
- Rent Per SQFT
- $0
- $0.00
-
32545 Lake Tana St Fremont, CA 2
- 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 1980 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 1980
LEASED 07/08/20- Rent
- Rent Per SQFT
- $3,600
- $1.49
-
32405 Monterey Dr Union City, CA 3
- 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 1994
LEASED 11/24/20- Rent
- Rent Per SQFT
- $4,500
- $1.75
PROPERTY LISTING DETAILS
Legacy Real Estate & Assoc.
