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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $245.47
- 2 Days on Market
- MLS # : EB40930427
- Updated Date : 11/28/2020 at 08:16
CONSTRUCTION
- Beds : 6
- Floor Size : 3,092 sqft
- Baths : 3 full
Listing Agent
Marples & Associates
Listing Agent's Description
Prestigious community. Perfect home, 6 bedroom,3 car garage residence features, master retreat on first lower with soaring square footage bonus rooms. The estate offers a open floor plan with tranquil views and a serene feel as you drive into the community. Located on premium street close to walking trails and lakes. Once you enter the front door the elegance begins, expanded living room with large family room, fireplace and spacious kitchen. The property has all new flooring and paint on the exterior and interior. Come enjoy your new home in the lakes and share the beautiful community of Discovery Bay. This home offer many more amenities.
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PRICE & RENT TRENDS
Neighborhood: The Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: The Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,060 |
| EXPENSES | Loan Payment | -$2,800 |
| Property Tax | -$887 | |
| Property Insurance | -$102 | |
| HOA | -$187 | |
| Property Management Fees | -$150 | |
|
CASH FLOW
-$1,066
|
||
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.
$759,000
PROJECTED PRICE
$3,060
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 6.8% |
| 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
$206,885
LOAN DETAILS
$2,800
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $189,750 |
| Loan Amount | $569,250 |
0.42
YEARS SAVED
$1,056
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
-
$2,937
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
6372 Crystal Springs Cir Discovery Bay, CA 1
- 6 beds 3 baths ∙ 3,092 Sqft ∙ Built 2005 6 beds 3 baths ∙ 3,092 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $0
- $0.00
-
5422 Gold Creek Cir Discovery Bay, CA 2
- 5 beds 3 baths ∙ 3,250 Sqft ∙ Built 2004 5 beds 3 baths ∙ 3,250 Sqft ∙ Built 2004
LEASED 11/20/19- Rent
- Rent Per SQFT
- $3,100
- $0.95
PROPERTY LISTING DETAILS
Marples & Associates
