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PROPERTY INFO
FACTS
- Single Family
- Built In 1958
- Price/Sqft : $905.14
- 4 Days on Market
- MLS # : CC40934037
- Updated Date : 01/14/2021 at 13:01
CONSTRUCTION
- Beds : 3
- Floor Size : 1,381 sqft
- Baths : 2 full
Listing Agent
Redfin
Listing Agent's Description
Incredible opportunity for prestigious Acalanes Schools in desirable Moraga! Located on a street of multiple millions dollar homes, this one provides a great opportunity and sits on nearly 1/3 of an acre lot with endless possibilities, including a second unit. Very private backyard setting with mature trees and privacy. Newly roofed in 2018 as well as new double panel milgard windows, new furnace, new insulation-blow-in wall insulation & attic, new vanity at master bathroom & water saving toilets, and upgraded durable luxury vinyl flooring in kitchen. Three spacious bedrooms and two bathrooms, cozy fireplace in the large living room and original hardwood floors. Three spacious bedrooms and a lot that could accommodate an ADU. Attached two-car garage with additional storage and gated area for RV or other drive in storage.
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PRICE & RENT TRENDS
Zip Code: 94556
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94556
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,440 |
EXPENSES | Loan Payment | -$4,342 |
Property Tax | -$1,350 | |
Property Insurance | -$60 | |
Property Management Fees | -$169 | |
CASH FLOW
-$2,480
|
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.
$1,250,000
PROJECTED PRICE
$3,440
PROJECTED RENT
0.28%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 5.6% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 5.09% |
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
$337,000
LOAN DETAILS
$4,342
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $312,500 |
Loan Amount | $937,500 |
-0.08
YEARS SAVED
-$9
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
-
$3,443
COMP ESTIMATED VALUE -
$2.49
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Redfin