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PROPERTY INFO
FACTS
- Single Family
- Built In 1949
- Price/Sqft : $579.76
- 5 Days on Market
- MLS # : BE40929635
- Updated Date : 11/21/2020 at 13:44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,423 sqft
- Baths : 2 full
Listing Agent
Redfin
Listing Agent's Description
Charming home located in a desirable, peaceful neighborhood. Kitchen and both bathrooms were remodeled in 1994. Kitchen has a delightful dining alcove. Formal dining area. Large living room with gas fireplace. Master bedroom has two closets, one of which is a walk in. Inside laundry room with sink. Water softener system. Heater and air conditioner are approx. 4-5 years old. Detached two car garage. Backyard covered BBQ structure. Coveted American High School and Thornton Junior High School attendance. Close to shopping, schools, 880/84 and all public amenities.
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PRICE & RENT TRENDS
Neighborhood: Centerville
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Centerville
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,060 |
| EXPENSES | Loan Payment | -$3,044 |
| Property Tax | -$902 | |
| Property Insurance | -$62 | |
| Property Management Fees | -$150 | |
|
CASH FLOW
-$1,097
|
||
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.
$825,000
PROJECTED PRICE
$3,060
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 10.7% |
| 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
$224,375
LOAN DETAILS
$3,044
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $206,250 |
| Loan Amount | $618,750 |
0.67
YEARS SAVED
$2,431
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
-
$3,320
COMP ESTIMATED VALUE -
$2.33
COMP AVG. RENT PER SQFT
Comps Range
-
37139 Elm St Fremont, CA 1
- 3 beds 2 baths ∙ 1,423 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,423 Sqft ∙ Built 1949
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
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4134 Sabio Ct. Fremont, CA 2
- 3 beds 2 baths ∙ 1,232 Sqft ∙ Built 1967 3 beds 2 baths ∙ 1,232 Sqft ∙ Built 1967
![property image]()
LEASED 06/18/20- Rent
- Rent Per SQFT
- $3,075
- $2.50
-
4470 Richmond Ave Fremont, CA 3
- 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961
![property image]()
LEASED 07/02/20- Rent
- Rent Per SQFT
- $3,100
- $2.26
-
4318 Castanos St Fremont, CA 4
- 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1967
![property image]()
LEASED 09/21/20- Rent
- Rent Per SQFT
- $3,100
- $2.24
PROPERTY LISTING DETAILS
Redfin
