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PROPERTY INFO
FACTS
- Single Family
- Built In 1963
- Price/Sqft : $740.59
- 5 Days on Market
- MLS # : BE40930879
- Updated Date : 12/04/2020 at 10:44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,249 sqft
- Baths : 2 full
Listing Agent
Best Property Mgmt., Inc.
Listing Agent's Description
Perfect shape and beautiful single-story home in the 28 Palms neighborhood! Ideal floor plan has an remodeled kitchen, large living room & spacious bedrooms. Loaded with upgrades including a freshly painted exterior, newly installed laminate flooring throughout with automatic sprinklers, and newly paved driveway. Both bathrooms have been recently updated with glass doors, lighting, and nice countertops. Kitchen equipped with granite counters, newer cabinets, attached laundry room, garden window and access to a lovely upgraded wood sliding door to access the yards! Front and backyards features beautiful plush grass for your entertainment. Around the great schools, shopping, entertainment & local eateries. Convenient commuter location - close to 880, 680, Dumbarton Bridge & BART. If you're looking for a move-in ready home, this is the home for you!
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PRICE & RENT TRENDS
Neighborhood: 28 Palms
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: 28 Palms
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,950 |
| EXPENSES | Loan Payment | -$3,413 |
| Property Tax | -$997 | |
| Property Insurance | -$57 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$1,666
|
||
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.
$925,000
PROJECTED PRICE
$2,950
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 12.3% |
| 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
$250,875
LOAN DETAILS
$3,413
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $231,250 |
| Loan Amount | $693,750 |
0.08
YEARS SAVED
$92
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
-
$3,098
COMP ESTIMATED VALUE -
$2.48
COMP AVG. RENT PER SQFT
Comps Range
-
39525 Blacow Rd Fremont, CA 1
- 3 beds 2 baths ∙ 1,249 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,249 Sqft ∙ Built 1963
- Rent
- Rent Per SQFT
- $0
- $0.00
-
4470 Richmond Ave Fremont, CA 2
- 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961
LEASED 07/02/20- Rent
- Rent Per SQFT
- $3,100
- $2.26
-
40251 Laiolo Rd Fremont, CA 3
- 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1959
LEASED 09/15/20- Rent
- Rent Per SQFT
- $3,175
- $2.54
-
5520 Tilden Pl Fremont, CA 4
- 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1966
LEASED 02/24/20- Rent
- Rent Per SQFT
- $3,300
- $2.38
-
4934 Cody Ct Fremont, CA 5
- 3 beds 2 baths ∙ 1,204 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,204 Sqft ∙ Built 1964
LEASED 11/03/20- Rent
- Rent Per SQFT
- $3,300
- $2.74
PROPERTY LISTING DETAILS
Best Property Mgmt., Inc.
