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639 Laird Ln 
Lafayette, CA
94549
4 Beds 3 Baths 2,025 sqft
Built 1967
INVESTimate
$975,000
List Price
$264,125
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PROPERTY INFO
FACTS
- Built In 1967
- Price/Sqft : $481.48
- 2 Days on Market
- MLS # : CC40918152
- Updated Date : 08/25/2020 at 19:48
CONSTRUCTION
- Beds : 4
- Floor Size : 2,025 sqft
- Baths : 3 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
Beautiful, light filled, traditional turn-key 4 bedroom, 3 bathroom Lafayette home in the desirable Alhambra Valley area! The first level of this home features ample living space with a formal living room and dining room as you enter, updated eat-in kitchen and cozy family room with backyard access; along with a bedroom and full bathroom. The main floor has wonderful hardwood floor throughout. Upstairs you will find three bedrooms, including the over sized primary suite and an additional hall bathroom. Fresh neutral paint throughout along with brand new carpet upstairs. Nicely landscaped backyard with a patio perfect for entertaining. The large level yard for is great for play or possibly a pool and a side yard which would be great for a home garden or potential RV parking!
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PRICE & RENT TRENDS
Zip Code: 94549
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94549
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,780 |
| EXPENSES | Loan Payment | -$3,597 |
| Property Tax | -$976 | |
| Property Insurance | -$76 | |
| Property Management Fees | -$185 | |
|
CASH FLOW
-$1,054
|
||
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.
$975,000
PROJECTED PRICE
$3,780
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 7.84% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$264,125
LOAN DETAILS
$3,597
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $243,750 |
| Loan Amount | $731,250 |
1.5
YEARS SAVED
$10,320
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
-
$3,655
COMP ESTIMATED VALUE -
$1.81
COMP AVG. RENT PER SQFT
Comps Range
-
639 Laird Ln Lafayette, 1
- 4 beds 4 baths ∙ 2,025 Sqft ∙ Built 1967 4 beds 4 baths ∙ 2,025 Sqft ∙ Built 1967
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1994 Reliez Valley Rd Lafayette, 2
- 3 beds 2 baths ∙ 1,938 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,938 Sqft ∙ Built 1962
LEASED 01/27/20- Rent
- Rent Per SQFT
- $3,395
- $1.75
-
111 Alhambra Hills Dr Martinez, 3
- 3 beds 3 baths ∙ 1,831 Sqft ∙ Built 1977 3 beds 3 baths ∙ 1,831 Sqft ∙ Built 1977
LEASED 02/19/20- Rent
- Rent Per SQFT
- $3,400
- $1.86
PROPERTY LISTING DETAILS
Keller Williams Realty
