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PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $343.93
- 2 Days on Market
- MLS # : EB40932391
- Updated Date : 12/19/2020 at 08:10
CONSTRUCTION
- Beds : 3
- Floor Size : 1,887 sqft
- Baths : 2 full
Listing Agent
Corcoran Global Living
Listing Agent's Description
FULLY REMODELED GARIN RANCH BEAUTY IN BRENTWOOD! This fully updated SINGLE STORY home has so many reasons for you to fall in love. Let's start with GREAT curb appeal, court location and 3 car garage and side yard trailer storage PLUS swimming POOL. As you enter the home you can feel the open floorplan and appreciate the gorgeous floors and light bouncing through the home. The kitchen has brand new stainless appliances, quartz countertops with stylish backsplash and tile floors. You can enjoy a meal in the alcove toward the front of the house OR entertain in the formal dining room. Did we mention that Garin Ranch is close to schools and downtown? Come experience this home, you just may want to thank us.
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PRICE & RENT TRENDS
Neighborhood: Garin Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Garin Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,570 |
EXPENSES | Loan Payment | -$2,395 |
Property Tax | -$645 | |
Property Insurance | -$73 | |
Property Management Fees | -$149 | |
CASH FLOW
-$691
|
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.
$649,000
PROJECTED PRICE
$2,570
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.2% |
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
$177,735
LOAN DETAILS
$2,395
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $162,250 |
Loan Amount | $486,750 |
1.67
YEARS SAVED
$8,889
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
-
$2,623
COMP ESTIMATED VALUE -
$1.39
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Corcoran Global Living