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762 Hagemann Dr Livermore, CA 94551

3 Beds 2 Baths 1,343 sqft Built 1973

INVESTimate

$810,000

List Price

$2,880

$2,630 - $3,130

Rent Est.

$878,040  ( +8.40%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1973
  • Price/Sqft : $603.13
  • 6 Days on Market
  • MLS # : BE40917461
  • Updated Date : 08/24/2020 at 11:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,343 sqft
  • Baths : 2 full
Listing Agent

Legacy Real Estate & Assoc

Listing Agent's Description

Beautiful Summerset 1 Story on large lot with Inviting Pool and Double Side Access! Sliding doors out to the in-ground pool from family room and master. Shaded patio and large deck for relaxing & entertaining. Family room w/vaulted ceiling is open to dining area and kitchen. Kitchen features electric stovetop & convection oven, microwave & dishwasher. Convenient breakfast bar and pantry. Gorgeous laminate wood flooring in living room, hall and bedroom. Custom tile in entry, kitchen and family room. Fireplace in living room. Tastefully updated bathrooms. Closet organizers in all bedrooms. Large Storage Shed. Easy access to 580 & 84, Wineries, Livermore Outlets, and beautiful parks. Move In Ready!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Summerset

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1020k

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

Neighborhood: Summerset

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $15043195

* 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
Rancho Las Positas Elementary School Primary Regular 553 23 6
Junction Avenue K-8 School Middle Regular 872 39 4
Granada High School High Regular 2,017 85 8

Rancho Las Positas Elementary School

  • Education Level: Primary
  • # of students: 553
  • # of teachers: 23
6
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
 

$729,000$891,000$810,000

PURCHASE PRICE

$2,592$3,168$2,880

RENT

DOWN PAYMENT
FINANCING

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-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,880
EXPENSES Loan Payment -$2,989
Property Tax -$910
Property Insurance -$60
Property Management Fees -$149
CASH FLOW
-$1,227

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.

$810,000

PROJECTED PRICE

$2,880

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.40%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$220,400

INVESTMENT

$220,400

Down Payment
$202,500
Rehab Estimate
$5,750
Closing Costs
$12,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,989

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $202,500
Loan Amount $607,500
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$508

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
  • $2,898

    COMP ESTIMATED VALUE
  • $2.16

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9753$3,0004$3,2005$3,200
$3,200
RENT COMPS ANALYSIS
  • 762 Hagemann Dr Livermore, 1
    • 3 beds 2 baths ∙ 1,343 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,343 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 92 Tamalpais Ave Livermore, 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
    •  
  • 807 Crane Livermore, 3
    • 4 beds 2 baths ∙ 1,525 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,525 Sqft ∙ Built 1960
    LEASED 05/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.97
    •  
  • 438 Covellite Ln Livermore, 4
    • 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 1972
    LEASED 05/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.97
    •  
  • 809 Everglades Ln Livermore, 5
    • 4 beds 2 baths ∙ 1,479 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,479 Sqft ∙ Built 1973
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.16
    •  
PROPERTY LISTING DETAILS
Sue Williams
Legacy Real Estate & Assoc
BESbswy