Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $239.00
- 5 Days on Market
- MLS # : EB40929726
- Updated Date : 11/20/2020 at 09:35
CONSTRUCTION
- Beds : 4
- Floor Size : 3,092 sqft
- Baths : 3 full
Listing Agent
Merrill Signature Properties
Listing Agent's Description
WOW!! NO NEED TO LOOK ANY FURTHER. This home has it all! New exterior paint and fresh landscaping. The home has a family room with a magnificent wall library, a full size junior suite and a formal dining room. There is a butler pantry leading into the spacious kitchen and living area with a fire place. The kitchen has beautiful granite counter's and a large island. The downstairs master suite boasts a large double sink vanity, stall shower, jetted soaking tub and a big walk in closet. Step outback and find yourself in a tropical oasis landscaped with a variety of beautiful palms, bamboo, and a TIKI HUT with a full amenity outdoor bbq area, stamped concrete and a heated pool with swim jets. Upstairs are two more bedrooms, a full size bathroom and a large loft that can easily be turned in to a 5th bedroom if needed. There is an attached 3 car tandem garage and the final touch, a full solar system. Don't miss out on this one, it won't last long!
SEE MORE
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 | $2,760 |
| EXPENSES | Loan Payment | -$2,727 |
| Property Tax | -$864 | |
| Property Insurance | -$102 | |
| HOA | -$175 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$1,256
|
||
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.
$739,000
PROJECTED PRICE
$2,760
PROJECTED RENT
0.37%
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
$201,585
LOAN DETAILS
$2,727
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $184,750 |
| Loan Amount | $554,250 |
0.17
YEARS SAVED
$82
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
-
$2,945
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
6628 Yellowstone Cir Discovery Bay, CA 1
- 4 beds 3 baths ∙ 3,092 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,092 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3507 Keystone Loop Discovery Bay, CA 2
- 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2003
LEASED 01/20/20- Rent
- Rent Per SQFT
- $2,850
- $0.94
-
5666 Arcadia Cir Discovery Bay, CA 3
- 4 beds 3 baths ∙ 2,959 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,959 Sqft ∙ Built 2004
LEASED 02/28/20- Rent
- Rent Per SQFT
- $2,850
- $0.96
-
549 Livingston Ct Discovery Bay, CA 4
- 4 beds 3 baths ∙ 3,127 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,127 Sqft ∙ Built 2005
LEASED 07/27/20- Rent
- Rent Per SQFT
- $3,000
- $0.96
-
5422 Gold Creek Cir Discovery Bay, CA 5
- 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
Merrill Signature Properties
