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PROPERTY INFO
FACTS
- Single Family
- Built In 1994
- Price/Sqft : $539.44
- 4 Days on Market
- MLS # : BE40933505
- Updated Date : 01/08/2021 at 12:40
CONSTRUCTION
- Beds : 3
- Floor Size : 1,761 sqft
- Baths : 2 full
Listing Agent
Legacy Real Estate & Assoc
Listing Agent's Description
This impeccably maintained single story home located in a cul-de-sac features an open floor plan with vaulted ceilings, gourmet chef's kitchen, large family room, formal living and dining rooms and spacious bedrooms. The kitchen features a six burner stainless steel gas stove, stainless steel refrigerator and dishwasher, hardwood floors, a window box and a sunny breakfast nook. The master suite bathroom features a large open walk-in shower with built in seat, heated tile floors and a long granite slab countertop with dual sinks. This beautiful home also includes expansive fully landscaped yards, a large patio, built-in trellis with benches, fountain and extra large side yards! Located just minutes away from Livermore's beautiful downtown shopping, restaurants, wineries and parks!
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PRICE & RENT TRENDS
Neighborhood: Murrieta Meadows
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Murrieta Meadows
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,050 |
EXPENSES | Loan Payment | -$3,300 |
Property Tax | -$1,027 | |
Property Insurance | -$70 | |
Property Management Fees | -$149 | |
CASH FLOW
-$1,496
|
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.
$949,950
PROJECTED PRICE
$3,050
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 9.6% |
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
$257,487
LOAN DETAILS
$3,300
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $237,488 |
Loan Amount | $712,463 |
0.17
YEARS SAVED
$112
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 -
$1.73
LIST RENT PER SQFT
-
$3,064
COMP ESTIMATED VALUE -
$1.74
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Legacy Real Estate & Assoc