Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1963
- Price/Sqft : $684.91
- 3 Days on Market
- MLS # : CC40934405
- Updated Date : 01/16/2021 at 14:13
CONSTRUCTION
- Beds : 4
- Floor Size : 2,174 sqft
- Baths : 3 full
Listing Agent
Coldwell Banker
Listing Agent's Description
Beautiful 4 bed/ 3 full bath 2174 sq ft home located on quiet court in highly desired Pleasanton Heights. Open floor plan concept for living & dining area w/ wood beam vaulted ceilings adjacent to gourmet kitchen. Recently remodeled large kitchen has custom cabinetry, waterspout over stove, built in spice racks, & overlooking park like backyard. Hardwood floors & fresh paint. Hilltop views from living area & primary retreat. Gorgeous large backyard great for gardening, playing & entertaining. Small additional chalet has electricity & may be used for home office, art studio, or fitness studio. Greenhouse on side yard. Lower patio has custom Trex decking. Upper patio is laid w/brick pavers. 3rd patio could be used for trampoline or play-structure. Soak in the Jacuzzi while enjoying lush landscaping that includes apricot, orange, lemon, apple trees, rosemary bushes & Heritage oak tree. Private retreat is blocks from Historic Downtown, farmer's market, trails, parks, and great schools.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Pleasanton Heights
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pleasanton Heights
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $4,590 |
EXPENSES | Loan Payment | -$5,172 |
Property Tax | -$1,450 | |
Property Insurance | -$80 | |
Property Management Fees | -$225 | |
CASH FLOW
-$2,336
|
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.
$1,489,000
PROJECTED PRICE
$4,590
PROJECTED RENT
0.31%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 7.8% |
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
$400,335
LOAN DETAILS
$5,172
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $372,250 |
Loan Amount | $1,116,750 |
0.17
YEARS SAVED
$170
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$4,590
LIST RENT -
$2.11
LIST RENT PER SQFT
-
$5,036
COMP ESTIMATED VALUE -
$2.32
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Coldwell Banker