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
INVESTimate
$1,175,000
List Price
$317,125
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $652.05
- 2 Days on Market
- MLS # : ML81807659
- Updated Date : 08/25/2020 at 21:30
CONSTRUCTION
- Beds : 4
- Floor Size : 1,802 sqft
- Baths : 3 full
Listing Agent
Coldwell Banker Realty
Listing Agent's Description
Move right into this beautiful home and enjoy! Updated throughout with no detail overlooked. Light & Bright with natural sunlight & open floor plan. Large living room features vaulted ceiling, open to formal dining room, perfect for your special celebrations. Sunny kitchen features custom cabinets with pull out shelving & granite countertops. After work, relax in the den next to the fireplace featuring a gas insert. Wide staircase takes you upstairs to 4 generously sized bedrooms,make one your home office!Master suite is a relaxing retreat featuring walk in closet w/ Elfa shelving & built in drawers. Spa like master bath has large shower with seating & double sinks. Lush easy care landscaping in front & backyard, featuring pavers & drought tolerant plants. Enjoy entertaining family and friends in the fabulous backyard with mature landscaping, grill area, nighttime lighting, gazebo, waterfall & several seating areas. Close to shopping and parks. Come see for yourself, you'll love it!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Asco - Radum
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Asco - Radum
* 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 | $3,600 |
EXPENSES | Loan Payment | -$4,335 |
Property Tax | -$1,144 | |
Property Insurance | -$71 | |
Property Management Fees | -$176 | |
CASH FLOW
-$2,127
|
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.
$1,175,000
PROJECTED PRICE
$3,600
PROJECTED RENT
0.31%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 10.45% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$317,125
LOAN DETAILS
$4,335
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $293,750 |
Loan Amount | $881,250 |
0.08
YEARS SAVED
$111
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,600
LIST RENT -
$2
LIST RENT PER SQFT
-
$3,685
COMP ESTIMATED VALUE -
$2.05
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Coldwell Banker Realty