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INVESTimate
$545,000
List Price
$150,175
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1991
- Price/Sqft : $260.64
- 3 Days on Market
- MLS # : BE40918030
- Updated Date : 08/25/2020 at 13:38
CONSTRUCTION
- Beds : 4
- Floor Size : 2,091 sqft
- Baths : 3 full
Listing Agent
Redfin
Listing Agent's Description
Beautiful home, located in a desirable neighborhood, with amenities and charm for everyone. Check out the open and spacious floor plan, complete with a high ceiling in the entry way, dining room and plenty of natural light. The gourmet kitchen is splendid and ideal to host family and friends, along with the accompanying family room combo makes it easy to enjoy. The master bedroom is large and inviting and boasts a comfortable master bathroom to go with it. Step out into the entertainer's backyard, with room to breathe in the fresh air and host that backyard party with family and friends. Close to shopping and commuting, this one checks all the boxes. Welcome Home.
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PRICE & RENT TRENDS
Zip Code: 94531
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94531
* 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 | $2,620 |
EXPENSES | Loan Payment | -$2,011 |
Property Tax | -$530 | |
Property Insurance | -$78 | |
Property Management Fees | -$149 | |
CASH FLOW
-$147
|
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.
$545,000
PROJECTED PRICE
$2,620
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 10.12% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$150,175
LOAN DETAILS
$2,011
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $136,250 |
Loan Amount | $408,750 |
6.08
YEARS SAVED
$44,377
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,620
LIST RENT -
$1.25
LIST RENT PER SQFT
-
$2,765
COMP ESTIMATED VALUE -
$1.32
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Redfin