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INVESTimate
$850,000
List Price
$231,000
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $667.19
- 1 Days on Market
- MLS # : ML81807778
- Updated Date : 08/26/2020 at 01:02
CONSTRUCTION
- Beds : 3
- Floor Size : 1,274 sqft
- Baths : 2 full
Listing Agent
Realty World-svi Group
Listing Agent's Description
Bright and spacious single-family in a very quiet neighborhood, 3 bedrooms, and 2 bathrooms, 1274sf living space, over 6000 SF of lot size. Newly remodeled and one-year-old roof, all concrete backyard and possible park your RV.
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PRICE & RENT TRENDS
Neighborhood: Union City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Union City
* 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 | $2,820 |
EXPENSES | Loan Payment | -$3,136 |
Property Tax | -$804 | |
Property Insurance | -$58 | |
Property Management Fees | -$149 | |
CASH FLOW
-$1,327
|
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.
$850,000
PROJECTED PRICE
$2,820
PROJECTED RENT
0.33%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 11.29% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$231,000
LOAN DETAILS
$3,136
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $212,500 |
Loan Amount | $637,500 |
0.25
YEARS SAVED
$414
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
-
$2,879
COMP ESTIMATED VALUE -
$2.26
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty World-svi Group