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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $269.75
- 6 Days on Market
- MLS # : CC40934000
- Updated Date : 01/15/2021 at 06:41
CONSTRUCTION
- Beds : 5
- Floor Size : 2,873 sqft
- Baths : 4 full
Listing Agent
Merrill Signature Properties
Listing Agent's Description
This beauty less than 3 years old features over 2800 sq ft of living space, 5 bedrooms, 4 bathrooms. Full bedroom and bathroom on the lower level with the master suite on the upper level. A 2nd bedroom has an ensuite, hardwood floors throughout, other than the bedrooms, shutters to keep out the cold & heat. Located close to downtown Brentwood. More pics to follow
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PRICE & RENT TRENDS
Neighborhood: Palmilla
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Palmilla
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,010 |
EXPENSES | Loan Payment | -$2,692 |
Property Tax | -$775 | |
Property Insurance | -$96 | |
Property Management Fees | -$149 | |
CASH FLOW
-$702
|
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.
$775,000
PROJECTED PRICE
$3,010
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.4% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.63% |
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
$211,125
LOAN DETAILS
$2,692
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $193,750 |
Loan Amount | $581,250 |
2.08
YEARS SAVED
$10,725
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,010
LIST RENT -
$1.05
LIST RENT PER SQFT
-
$2,952
COMP ESTIMATED VALUE -
$1.03
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Merrill Signature Properties