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
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1984
- Price/Sqft : $611.11
- 4 Days on Market
- MLS # : BE40929563
- Updated Date : 11/21/2020 at 17:45
CONSTRUCTION
- Beds : 3
- Floor Size : 1,062 sqft
- Baths : 2 full
Listing Agent
Intero Real Estate Services
Listing Agent's Description
What a great find! 1 story home with a detached 2-car garage and driveway parking for at least 4 vehicles. Awesome location - quiet area and half a block to the most beautiful sunsets in all of Livermore. Short distance to tennis courts and community pool. This is a beautiful upgraded home with a nice size private backyard. 3rd bedroom is used as an office. Low HOA dues - only 168 per month include front yard landscaping. Refrigerator stays. Washer/dryer negotiable.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Springtown
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Springtown
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,710 |
EXPENSES | Loan Payment | -$2,395 |
Property Tax | -$729 | |
Property Insurance | -$53 | |
HOA | -$168 | |
Property Management Fees | -$149 | |
CASH FLOW
-$783
|
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.
$649,000
PROJECTED PRICE
$2,710
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 10.1% |
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
$177,735
LOAN DETAILS
$2,395
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $162,250 |
Loan Amount | $486,750 |
1.25
YEARS SAVED
$4,430
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,710
LIST RENT -
$2.55
LIST RENT PER SQFT
-
$2,703
COMP ESTIMATED VALUE -
$2.55
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Intero Real Estate Services