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627 Murdell Ln Livermore, CA 94550

3 Beds 2 Baths 1,598 sqft Built 1968

$895,000

List Price

$3,210

$3K - $3.5K

Rent Est.

PROPERTY INFO

November 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1968
  • Price/Sqft : $560.08
  • 6 Days on Market
  • MLS # : BE40929370
  • Updated Date : 11/18/2020 at 17:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,598 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

This light and bright home sits on a large corner lot in the sought after Tempo Neighborhood! This lovely home is "Move In Now " ready. It features side yard access, complete with a she/he Shed for potential fitness or home office use, a hot tub and tranquil deck for relaxing with friends and family. This 3 bedroom, 2 full baths, has gorgeous, refinished hardwood floors throughout, with fresh paint inside and out. The spacious living room boasts a pellet insert fireplace for warmth and ambiance. The back yard offers privacy with a peaceful atmosphere. Great location, quiet neighborhood, near good schools, shopping, commutable to everywhere and minutes from vibrant Livermore downtown and renowned wineries! A must see with so much more...

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tempo

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Tempo

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $15763863

* 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
Emma C. Smith Elementary School Primary Regular 727 28 8
William Mendenhall Middle School Middle Regular 958 36 8
Granada High School High Regular 2,017 85 8

Emma C. Smith Elementary School

  • Education Level: Primary
  • # of students: 727
  • # of teachers: 28
8
GreatSchools Rating

William Mendenhall Middle School

  • Education Level: Middle
  • # of students: 958
  • # of teachers: 36
8
GreatSchools Rating

Granada High School

  • Education Level: High
  • # of students: 2,017
  • # of teachers: 85
8
GreatSchools Rating
 

$805,500$984,500$895,000

PURCHASE PRICE

$2,889$3,531$3,210

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,210
EXPENSES Loan Payment -$3,302
Property Tax -$1,005
Property Insurance -$66
Property Management Fees -$157
CASH FLOW
-$1,320

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.

$895,000

PROJECTED PRICE

$3,210

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.5%
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$3.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$242,925

INVESTMENT

$242,925

Down Payment
$223,750
Rehab Estimate
$5,750
Closing Costs
$13,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,302

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $223,750
Loan Amount $671,250
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$619

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,210

    LIST RENT
  • $2.01

    LIST RENT PER SQFT
  • $3,364

    COMP ESTIMATED VALUE
  • $2.11

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,2103$3,3504$3,5505$3,550
$3,550
RENT COMPS ANALYSIS
  • 627 Murdell Ln Livermore, CA 2
    • 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 1968 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 1968
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,210
    • $2.01
    •  
  • 601 Hemlock Ct Livermore, CA 1
    • 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1969
    property image
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.22
    •  
  • 775 Leland Way Livermore, CA 3
    • 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1965
    property image
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.01
    •  
  • 737 Canterbury Ave. Livermore, CA 4
    • 4 beds 2 baths ∙ 1,739 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,739 Sqft ∙ Built 1967
    property image
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $2.04
    •  
  • 329 Helen Way Livermore, CA 5
    • 4 beds 2 baths ∙ 1,650 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,650 Sqft ∙ Built 1966
    property image
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $2.15
    •  
PROPERTY LISTING DETAILS
Lydia Vetere
Coldwell Banker Realty
BESbswy