Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1963
- Price/Sqft : $484.13
- 3 Days on Market
- MLS # : BE40933493
- Updated Date : 01/16/2021 at 03:07
CONSTRUCTION
- Beds : 4
- Floor Size : 2,249 sqft
- Baths : 2 full , 1 half
Listing Agent
Realquest Properties
Listing Agent's Description
Knock! Knock! Who's there? Golden! Golden who? Golden opportunity to snap up a great location, mostly-furnished single story w/fabulous functional floor plan & MAKE IT YOUR WAY. 1 of 28 Palms most popular floorplans upgraded w/apx 500 sft bonus room. Jack & Jill bedroom, 3 living areas & 2 dining areas. Still plenty of room for a ADU & with RV parking both sides, loads of onsite parking. Hot tub & sauna to stay, along with all appliances, fixtures & furnishings (unless labeled DNS). Near regional shopping as well Fremont's new Rising Downtown & Event Center (under construction). It might move fast so stay tuned for more photos, reports & disclosures as we are able. Priced well below AI estimates so lots of upside potential.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Sundale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sundale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,960 |
| EXPENSES | Loan Payment | -$3,782 |
| Property Tax | -$1,173 | |
| Property Insurance | -$81 | |
| Property Management Fees | -$194 | |
|
CASH FLOW
-$1,271
|
||
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.
$1,088,801
PROJECTED PRICE
$3,960
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 12.5% |
| 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
$294,282
LOAN DETAILS
$3,782
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $272,200 |
| Loan Amount | $816,601 |
1.08
YEARS SAVED
$4,935
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
-
$4,303
COMP ESTIMATED VALUE -
$1.91
COMP AVG. RENT PER SQFT
Comps Range
-
39524 Dorrington Ct Fremont, CA 1
- 4 beds 3 baths ∙ 2,249 Sqft ∙ Built 1963 4 beds 3 baths ∙ 2,249 Sqft ∙ Built 1963
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3153 Driscoll Road Fremont, CA 2
- 3 beds 2 baths ∙ 1,912 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,912 Sqft ∙ Built 1955
LEASED 01/07/20- Rent
- Rent Per SQFT
- $3,400
- $1.78
-
37637 Glenmoor Dr Fremont, CA 3
- 3 beds 3 baths ∙ 1,960 Sqft ∙ Built 1952 3 beds 3 baths ∙ 1,960 Sqft ∙ Built 1952
LEASED 10/03/19- Rent
- Rent Per SQFT
- $4,000
- $2.04
-
37928 Glendale Dr Fremont, CA 4
- 4 beds 4 baths ∙ 2,339 Sqft ∙ Built 1952 4 beds 4 baths ∙ 2,339 Sqft ∙ Built 1952
LEASED 04/16/20- Rent
- Rent Per SQFT
- $4,500
- $1.92
PROPERTY LISTING DETAILS
Realquest Properties
