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4863 Primrose Ln Livermore, CA 94551

2 Beds 2 Baths 1,280 sqft Built 1962

$699,777

List Price

$2,830

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1962
  • Price/Sqft : $546.70
  • 2 Days on Market
  • MLS # : EB40931208
  • Updated Date : 12/05/2020 at 22:28
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,280 sqft
  • Baths : 2 full
Listing Agent

Realty One Group Elite

Listing Agent's Description

This adorable 2 Bed/2 Bath Springtown home has been meticulously maintained shows pride of ownership and is move-in ready. Imagine enjoying the view from your cozy living room with an open and inviting floor plan flooded with natural light. The kitchen offers solid oak cabinets, tile back splash & counters, stainless appliances and breakfast bar. Matured landscaped yard offers two patios for entertaining and plenty of grassy area. Other features include laminate wood flooring, dual pane windows, newer AC & Washer/Dryer/Fridge stay. Enjoy the luxury of a Pool without maintaining it with community pool access just across the way, HOA $375 per Year only. Convenient location right off 580 1st st Exit, close proximity to the ACE Train station and the bustling downtown Livermore with it's many dining, shopping and entertainment options such as wineries, parks and hiking/biking trails. A MUST SEE! For Virtual 3D Tour go to: https://my.matterport.com/show/?m=7om5pVuzDok&brand=0

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Springtown

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1016k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Springtown

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14053195

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Altamont Creek Elementary School Primary Regular 519 23 7
Andrew Christensen Middle School Middle Regular 661 30 7
Livermore High School High Regular 1,771 82 8

Altamont Creek Elementary School

  • Education Level: Primary
  • # of students: 519
  • # of teachers: 23
7
GreatSchools Rating

Andrew Christensen Middle School

  • Education Level: Middle
  • # of students: 661
  • # of teachers: 30
7
GreatSchools Rating

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

$629,799$769,755$699,777

PURCHASE PRICE

$2,547$3,113$2,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,830
EXPENSES Loan Payment -$2,582
Property Tax -$786
Property Insurance -$58
HOA -$375
Property Management Fees -$149
CASH FLOW
-$1,120

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.

$699,777

PROJECTED PRICE

$2,830

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$191,191

INVESTMENT

$191,191

Down Payment
$174,944
Rehab Estimate
$5,750
Closing Costs
$10,497

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$2,582

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $174,944
Loan Amount $524,833
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$159

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
  • $3,136

    COMP ESTIMATED VALUE
  • $2.45

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6503$3,000
$3,000
RENT COMPS ANALYSIS
  • 4863 Primrose Ln Livermore, CA 1
    • 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1962 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1962
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1330 Bluebell Dr Livermore, CA 2
    • 2 beds 2 baths ∙ 1,036 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,036 Sqft ∙ Built 1963
    property image
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $2.56
    •  
  • 1666 Hollyhock St Livermore, CA 3
    • 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1963
    property image
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.34
    •  
PROPERTY LISTING DETAILS
Jacque Sabella
Realty One Group Elite
BESbswy