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PROPERTY INFO
FACTS
- Single Family
- Built In 1972
- Price/Sqft : $535.12
- 3 Days on Market
- MLS # : CC40929940
- Updated Date : 11/20/2020 at 15:15
CONSTRUCTION
- Beds : 4
- Floor Size : 1,680 sqft
- Baths : 2 full
Listing Agent
Cantwell & Stein, Realtors
Listing Agent's Description
Single story, fantastic court location! This 4 bedroom, 2 fully remodeled baths is located in the highly desirable Summerset neighborhood. New carpet, updated dual pane windows and newer exterior stucco! Huge yard with room for R.V. parking or possible in law unit. Refreshing pool accented by beautiful concrete work makes this an entertainers delight! Close to K-12 schools, parks, restaurants and Downtown. Quick and easy access to Shopping, BART, ACE train, highway 580 and 84. Must See!
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PRICE & RENT TRENDS
Neighborhood: Summerset
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Summerset
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,280 |
EXPENSES | Loan Payment | -$3,317 |
Property Tax | -$1,010 | |
Property Insurance | -$68 | |
Property Management Fees | -$161 | |
CASH FLOW
-$1,275
|
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.
$899,000
PROJECTED PRICE
$3,280
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.4% |
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
$243,985
LOAN DETAILS
$3,317
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $224,750 |
Loan Amount | $674,250 |
0.42
YEARS SAVED
$1,311
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
-
$3,570
COMP ESTIMATED VALUE -
$2.13
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Cantwell & Stein, Realtors