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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $268.94
- 4 Days on Market
- MLS # : EB40932519
- Updated Date : 12/26/2020 at 21:39
CONSTRUCTION
- Beds : 4
- Floor Size : 2,305 sqft
- Baths : 2 full , 1 half
Listing Agent
Coldwell Banker Residential
Listing Agent's Description
SINGLE-STORY home built in 2011 has NO HOA and NO MELLO ROOS! Enjoy the open-concept with 3 bedrooms plus a 4th that could be used as office space and 2.5 baths with approx. 2300 ft. Beautiful upgrades selected throughout including a premium gourmet-kitchen with quality select granites slab counter and island. Indulge yourself in the spacious master bedroom featuring a luxurious master bath, large walk-in closet, and beautiful French style doors leading to the landscaped backyard surrounding a sparkling swimming pool with water feature to enjoy and relax around. Two car garage with automatic sprinklers front and rear. Listing agent lives in the community and can provide you with accurate answers to your questions regarding this home and community in general. Interior photos forthcoming.
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,730 |
EXPENSES | Loan Payment | -$2,287 |
Property Tax | -$678 | |
Property Insurance | -$83 | |
Property Management Fees | -$149 | |
CASH FLOW
-$467
|
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.
$619,900
PROJECTED PRICE
$2,730
PROJECTED RENT
0.44%
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
$170,024
LOAN DETAILS
$2,287
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $154,975 |
Loan Amount | $464,925 |
3.33
YEARS SAVED
$20,009
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
-
$2,979
COMP ESTIMATED VALUE -
$1.29
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Coldwell Banker Residential