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INVESTimate
$1,199,000
List Price
$323,485
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $531.71
- 3 Days on Market
- MLS # : ML81807285
- Updated Date : 08/24/2020 at 13:42
CONSTRUCTION
- Beds : 4
- Floor Size : 2,255 sqft
- Baths : 3 full , 1 half
Listing Agent
Jason Mitchell Real Estate Ca
Listing Agent's Description
A perfect blend of modern luxury & small town feel charmer located in Contra Costa County. This beautiful home come with amazing finishes, open floor plan that flows to a beautiful private patio/backyard with pavers, mature trees and shrubs lining the perimeter the ideal setting for entertaining; gleaming bamboo floors on the bottom floor; 4 bedrooms; 3.5 baths; Stroll along beautiful tree-lined streets to the quintessential Danville downtown restaurants & shops. Ideal Commute Location to Oakland, San Francisco, Walnut Creek and Concord. Great schools through all grade levels. Welcome home to your future move-in ready home! Newer Garage Door, Bamboo Flooring, Water Heater 5yrs, HVAC Ducts replaced 4yrs ago.
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PRICE & RENT TRENDS
Neighborhood: La Gonda Way
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: La Gonda Way
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $4,580 |
EXPENSES | Loan Payment | -$4,424 |
Property Tax | -$1,225 | |
Property Insurance | -$82 | |
HOA | -$270 | |
Property Management Fees | -$224 | |
CASH FLOW
-$1,645
|
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.
$1,199,000
PROJECTED PRICE
$4,580
PROJECTED RENT
0.38%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 6.39% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$323,485
LOAN DETAILS
$4,424
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $299,750 |
Loan Amount | $899,250 |
0.42
YEARS SAVED
$1,997
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$4,580
LIST RENT -
$2.03
LIST RENT PER SQFT
-
$4,984
COMP ESTIMATED VALUE -
$2.21
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Jason Mitchell Real Estate Ca