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PROPERTY INFO
FACTS
- Single Family
- Built In 1988
- Price/Sqft : $298.22
- 8 Days on Market
- MLS # : ML81818376
- Updated Date : 11/22/2020 at 14:50
CONSTRUCTION
- Beds : 4
- Floor Size : 1,794 sqft
- Baths : 2 full , 1 half
Listing Agent
Cheryl Cardamon, Broker
Listing Agent's Description
Perfect family home featuring updated kitchen, newer flooring, baths and newer paint throughout. Half bath/powder room on first floor. This home features a living room that flows to a dining area, vaulted ceiling; kitchen includes eat-in area and is open to family/media room with fireplace. Master bedroom along with all bedrooms on second floor. Optional den/office/bedroom flexible space. Second floor landing space perfect for reading nook or meditation. Home includes appliances, installed security system - just plug and go!
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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 | $2,430 |
EXPENSES | Loan Payment | -$1,974 |
Property Tax | -$585 | |
Property Insurance | -$70 | |
Property Management Fees | -$149 | |
CASH FLOW
-$349
|
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.
$535,000
PROJECTED PRICE
$2,430
PROJECTED RENT
0.45%
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
$147,525
LOAN DETAILS
$1,974
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $133,750 |
Loan Amount | $401,250 |
3.92
YEARS SAVED
$23,144
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
-
$2,480
COMP ESTIMATED VALUE -
$1.38
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Cheryl Cardamon, Broker