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PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $262.07
- 5 Days on Market
- MLS # : EB40934172
- Updated Date : 01/13/2021 at 17:29
CONSTRUCTION
- Beds : 3
- Floor Size : 2,671 sqft
- Baths : 3 full
Listing Agent
Keller Williams
Listing Agent's Description
This pristine, single story home is located on a quiet court with sweeping views in the Shadow Lakes community. The home has 3 bedrooms and 3 full bathrooms with a uniquely styled bonus study secluded in front the house. The master suite has a sprawling bathroom with a walk in closet and the two bedrooms are joined with a jack and jill bath. Living room boasts of views of Mount Diablo as well as built in book case shelving on both sides of the room. High ceilings and large windows throughout the home create an open feeling accentuated by the two large sliding glass doors out to the back yard from the family room and living room with a view of the Mountain. Back yard is perfect for entertaining with great landscaping and large cement patio. This home and community is a perfect location for your family to enjoy!
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PRICE & RENT TRENDS
Neighborhood: Shadow Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Shadow Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,090 |
EXPENSES | Loan Payment | -$2,431 |
Property Tax | -$793 | |
Property Insurance | -$92 | |
HOA | -$50 | |
Property Management Fees | -$151 | |
CASH FLOW
-$427
|
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.
$700,000
PROJECTED PRICE
$3,090
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 6.4% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
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
$191,250
LOAN DETAILS
$2,431
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $175,000 |
Loan Amount | $525,000 |
3.42
YEARS SAVED
$20,455
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
-
$3,259
COMP ESTIMATED VALUE -
$1.22
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Keller Williams