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732 Laurel Dr Livermore, CA 94551

4 Beds 2 Baths 1,125 sqft Built 1965

$739,000

List Price

$2,830

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1965
  • Price/Sqft : $656.89
  • 5 Days on Market
  • MLS # : BE40934119
  • Updated Date : 01/15/2021 at 19:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,125 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

Single Story Single Family House with RV Side Access! This 4 bedroom home is ready to make your own. Energy saving dual paned windows and ceiling fans throughout this quaint house. The kitchen features stainless steel appliances and easy to clean formica countertops. The spacious backyard includes a storage shed and new rear fence. Centrally located near downtown, parks, schools, and with quick access to the 84 and 580 Freeway. Don't miss your chance to make this one your own! *Lawns in photos are Digital*

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Northside Livermore

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1016k

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

Neighborhood: Northside Livermore

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13963195

* 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
Junction Avenue K-8 School Primary Regular 872 39 4
Junction Avenue K-8 School Middle Regular 872 39 4
Granada High School High Regular 2,017 85 8

Junction Avenue K-8 School

  • Education Level: Primary
  • # of students: 872
  • # of teachers: 39
4
GreatSchools Rating

Junction Avenue K-8 School

  • Education Level: Middle
  • # of students: 872
  • # of teachers: 39
4
GreatSchools Rating

Granada High School

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

$665,100$812,900$739,000

PURCHASE PRICE

$2,547$3,113$2,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,830
EXPENSES Loan Payment -$2,567
Property Tax -$830
Property Insurance -$54
Property Management Fees -$149
CASH FLOW
-$770

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

$2,830

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$201,585

INVESTMENT

$201,585

Down Payment
$184,750
Rehab Estimate
$5,750
Closing Costs
$11,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,567

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $184,750
Loan Amount $554,250
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$6,211

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,830

    LIST RENT
  • $2.52

    LIST RENT PER SQFT
  • $2,824

    COMP ESTIMATED VALUE
  • $2.51

    COMP AVG. RENT PER SQFT
Comps Range
$2,830
1$2,8302$2,9753$3,0754$3,1005$3,350
$3,350
RENT COMPS ANALYSIS
  • 732 Laurel Dr Livermore, CA 1
    • 4 beds 2 baths ∙ 1,125 Sqft ∙ Built 1965 4 beds 2 baths ∙ 1,125 Sqft ∙ Built 1965
    • Rent
    • Rent Per SQFT
    •  
    • $2,830
    • $2.52
    •  
  • 92 Tamalpais Ave Livermore, CA 2
    • 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1981
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.53
    •  
  • 761 Grace Ct Livermore, CA 3
    • 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1961
    LEASED 10/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,075
    • $2.56
    •  
  • 648 Sonoma Ave Livermore, CA 4
    • 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1962
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.58
    •  
  • 1045 Via Madrid Livermore, CA 5
    • 3 beds 2 baths ∙ 1,416 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,416 Sqft ∙ Built 1959
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.37
    •  
PROPERTY LISTING DETAILS
Jake Fahnhorst
Keller Williams Tri-valley
BESbswy