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INVESTimate
$969,000
List Price
$262,535
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $734.09
- 3 Days on Market
- MLS # : ML81807487
- Updated Date : 08/24/2020 at 08:40
CONSTRUCTION
- Beds : 3
- Floor Size : 1,320 sqft
- Baths : 2 full
Listing Agent
Intero Real Estate Services
Listing Agent's Description
Really Nice Neighborhood with a move-in ready single house with a Large corner lot 7343sqft. Lots of updates! 4 years old roof and central heating. Large yard with an extension option, mature fruits plants, large storage shed. Easy access to Highway, Bart, Alameda Creek Trail, Coyote Hills, shopping, park, dining and entertainment at nearby union landing, and major employers of the bay area. No.1 Delaine Eastin Elementary 9 score! Fantastic! Don't' miss it !!
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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
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 | $3,050 |
EXPENSES | Loan Payment | -$3,575 |
Property Tax | -$916 | |
Property Insurance | -$59 | |
Property Management Fees | -$149 | |
CASH FLOW
-$1,650
|
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.
$969,000
PROJECTED PRICE
$3,050
PROJECTED RENT
0.31%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 11.29% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$262,535
LOAN DETAILS
$3,575
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $242,250 |
Loan Amount | $726,750 |
0.17
YEARS SAVED
$117
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,050
LIST RENT -
$2.31
LIST RENT PER SQFT
-
$3,046
COMP ESTIMATED VALUE -
$2.31
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Intero Real Estate Services