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PROPERTY INFO
FACTS
- Single Family
- Built In 1990
- Price/Sqft : $270.45
- 2 Days on Market
- MLS # : EB40929354
- Updated Date : 11/14/2020 at 13:43
CONSTRUCTION
- Beds : 4
- Floor Size : 1,993 sqft
- Baths : 2 full , 1 half
Listing Agent
Re/max Compass
Listing Agent's Description
Welcome home! Lovely updated home with four bedrooms and 2.5 baths. New interior and exterior paint. Updated kitchen with new granite, glass backsplash and stylish grey cupboards, LVP flooring in kitchen. Updated baths featuring designer tile accents. All bedrooms are upstairs. Large formal living and dining area. Eat in kitchen with family room. Low maintenance backyard featuring fruit trees, roses and storage shed. Washer, dryer and refrigerator included. Close to shopping and schools.
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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 | $2,710 |
EXPENSES | Loan Payment | -$1,989 |
Property Tax | -$524 | |
Property Insurance | -$75 | |
Property Management Fees | -$149 | |
CASH FLOW
-$27
|
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.
$539,000
PROJECTED PRICE
$2,710
PROJECTED RENT
0.50%
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
$148,585
LOAN DETAILS
$1,989
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $134,750 |
Loan Amount | $404,250 |
7.33
YEARS SAVED
$57,933
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,710
LIST RENT -
$1.36
LIST RENT PER SQFT
-
$2,875
COMP ESTIMATED VALUE -
$1.44
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Re/max Compass