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PROPERTY INFO
FACTS
- Built In 1993
- Price/Sqft : $615.99
- 2 Days on Market
- MLS # : ML81818545
- Updated Date : 11/02/2020 at 16:37
CONSTRUCTION
- Beds : 3
- Floor Size : 1,664 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty Champion Inc
Listing Agent's Description
Excellent location (1st exit off Dumbarton Bridge). Fantastic floorplan offers soaring ceilings and an abundance of natural light * Kitchen features , gas cooking, garden window, *Living room offers a cozy fireplace, 2.5 bathrooms, hall bath features jack & jill access between the guest rooms * Master suite has vaulted ceilings, spacious bathroom w/dual sink vanity & stall shower; walk-in closet too! * Central heating & A/C, inside laundry, dual pane windows, All appliances included* Easy maintenance backyard ! Convenient to Sprouts Shopping center, Dumbarton Bridge & 880 FWY, Challenger K-8 school, Wildlife refuge, Coyote Hills
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PRICE & RENT TRENDS
Neighborhood: Newark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Newark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,290 |
| EXPENSES | Loan Payment | -$3,782 |
| Property Tax | -$1,119 | |
| Property Insurance | -$67 | |
| HOA | -$71 | |
| Property Management Fees | -$161 | |
|
CASH FLOW
-$1,910
|
||
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.
$1,025,000
PROJECTED PRICE
$3,290
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 13.5% |
| 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
$277,375
LOAN DETAILS
$3,782
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $256,250 |
| Loan Amount | $768,750 |
0.08
YEARS SAVED
$76
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
-
$3,278
COMP ESTIMATED VALUE -
$1.97
COMP AVG. RENT PER SQFT
Comps Range
-
36817 Papaya St Newark, CA 1
- 3 beds 3 baths ∙ 1,664 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,664 Sqft ∙ Built 1993
- Rent
- Rent Per SQFT
- $0
- $0.00
-
34521 Winslow Ter Fremont, CA 2
- 3 beds 3 baths ∙ 1,727 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,727 Sqft ∙ Built 1987
LEASED 05/04/20- Rent
- Rent Per SQFT
- $3,400
- $1.97
PROPERTY LISTING DETAILS
Realty Champion Inc
