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PROPERTY INFO
FACTS
- Single Family
- Built In 1991
- Price/Sqft : $728.89
- 5 Days on Market
- MLS # : BE40931559
- Updated Date : 12/11/2020 at 17:54
CONSTRUCTION
- Beds : 4
- Floor Size : 1,782 sqft
- Baths : 2 full , 1 half
Listing Agent
Bayone Real Estate Inv Corp
Listing Agent's Description
Gorgeous remodeled, well-lit home is located in the prestigious Ardenwood Elementary School neighborhood. This North East Facing home features an open floor plan to provide you with a modern style living, vaulted ceilings with recessed lighting, updated laminate flooring, separate family room, spacious remodeled kitchen with granite countertops and stainless steel appliances, new paint upstairs, updated bathrooms, lots of natural light, A/C, newer water heater, security system and beautiful backyard with many planters and trees. Enjoy this convenient location close to shopping, restaurants, minutes to Coyote Hills Regional Park, historic Ardenwood Farm, Facebook shuttle stop, 880/84/Bart. Future home of Facebook nearby (approx 5 minute drive). Don't miss this one! Bring your best offer and make this your home!
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PRICE & RENT TRENDS
Neighborhood: Ardenwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Ardenwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,530 |
EXPENSES | Loan Payment | -$4,792 |
Property Tax | -$1,326 | |
Property Insurance | -$70 | |
HOA | -$40 | |
Property Management Fees | -$173 | |
CASH FLOW
-$2,871
|
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.
$1,298,880
PROJECTED PRICE
$3,530
PROJECTED RENT
0.27%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 12.9% |
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
$349,953
LOAN DETAILS
$4,792
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $324,720 |
Loan Amount | $974,160 |
-0.08
YEARS SAVED
-$35
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,530
LIST RENT -
$1.98
LIST RENT PER SQFT
-
$3,542
COMP ESTIMATED VALUE -
$1.99
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Bayone Real Estate Inv Corp