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PROPERTY INFO
FACTS
- Single Family
- Built In 1994
- Price/Sqft : $627.10
- 4 Days on Market
- MLS # : CC40930913
- Updated Date : 12/05/2020 at 15:23
CONSTRUCTION
- Beds : 4
- Floor Size : 2,325 sqft
- Baths : 2 full , 1 half
Listing Agent
J. Rockcliff Realtors Inc
Listing Agent's Description
Pride of ownership is immediately apparent in this stylish home, in Tassajara Creek. High efficiency energy features include: Ceiling fans, low flow water fixtures, modern-design light fixtures, custom built�French doors and new dual pane Andersen Casement Architectural Series windows. Smart home system, with wi-fi enabled garage door opener and built-in Google Nest whole house remote/mobile app; incl: Lights, video doorbell, thermostat, smoke & carbon monoxide detection. Other fashionable features & upgrades incl: Many outlets with USB ports for easy portable electronics charging, built-in microwave drawer, new gas range hood, filtered water dispenser, custom pull-out drawers (in kitchen and bathrooms), penny round honed Carrara marble mosaic tile surrounding a wood burning fireplace, white gloss wall storage laundry room cabinetry, stainless steel - single basin laundry sink with quartz countertop, hardwood, spacious master suite with walk-in closet and more.
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PRICE & RENT TRENDS
Neighborhood: Tassajara
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Tassajara
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $4,110 |
EXPENSES | Loan Payment | -$5,379 |
Property Tax | -$1,499 | |
Property Insurance | -$83 | |
HOA | -$92 | |
Property Management Fees | -$201 | |
CASH FLOW
-$3,145
|
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.
$1,458,000
PROJECTED PRICE
$4,110
PROJECTED RENT
0.28%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 6.7% |
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
$392,120
LOAN DETAILS
$5,379
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $364,500 |
Loan Amount | $1,093,500 |
-0.08
YEARS SAVED
-$24
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
-
$4,104
COMP ESTIMATED VALUE -
$1.77
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
J. Rockcliff Realtors Inc