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512 Laurelwood Dr Hercules, CA 94547

5 Beds 3 Baths 2,703 sqft Built 2005

$830,000

List Price

$3,390

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $307.07
  • 5 Days on Market
  • MLS # : BE40928942
  • Updated Date : 11/13/2020 at 11:27
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,703 sqft
  • Baths : 3 full
Listing Agent

Bay City Real Estate Group

Listing Agent's Description

MAKE IT YOUR HOME FOR THE HOLIDAYS! This is a beautiful FIVE bedroom home in the beautiful neighborhood of Victoria By The Bay. Home features 1 bed and 1 full bath downstairs. Kitchen with island, granite counter tops with Shaker cabinets, and Frigidaire appliances. Check out the Storage Racks in garage - they stay! Second story features a good size loft to use as an office or additional room. Huge master bedroom with an additional flexible space that can be used as a nursery, office or just a private sitting area. Additional bedrooms are of good size. Spa in the backyard is negotiable, fountain in backyard works, adding to your entertaining pleasure. Home is minutes away from I-80 and close to shops, restaurants and the Hercules Waterfront. A must see! This home won't last!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: New Pacific

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: New Pacific

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Lupine Hills Elementary School Primary Regular 410 17 3
Hercules Middle School Middle Regular 636 28 5
Hercules High School High Regular 935 38 5

Lupine Hills Elementary School

  • Education Level: Primary
  • # of students: 410
  • # of teachers: 17
3
GreatSchools Rating

Hercules Middle School

  • Education Level: Middle
  • # of students: 636
  • # of teachers: 28
5
GreatSchools Rating

Hercules High School

  • Education Level: High
  • # of students: 935
  • # of teachers: 38
5
GreatSchools Rating
 

$747,000$913,000$830,000

PURCHASE PRICE

$3,051$3,729$3,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,390
EXPENSES Loan Payment -$3,062
Property Tax -$1,014
Property Insurance -$92
HOA -$122
Property Management Fees -$166
CASH FLOW
-$1,067

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.

$830,000

PROJECTED PRICE

$3,390

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.7%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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$10k$15k

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$225,700

INVESTMENT

$225,700

Down Payment
$207,500
Rehab Estimate
$5,750
Closing Costs
$12,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,062

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $207,500
Loan Amount $622,500
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,472

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
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$0
1$0
$0
RENT COMPS ANALYSIS
  • 512 Laurelwood Dr Hercules, CA
    • 5 beds 3 baths ∙ 2,703 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,703 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
PROPERTY LISTING DETAILS
Geraldine Ramirez
Bay City Real Estate Group
BESbswy