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842 Highland St Livermore, CA 94551

5 Beds 4 Baths 3,165 sqft Built 1997

$1,350,000

List Price

$3,550

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

December 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $426.54
  • 2 Days on Market
  • MLS # : BE40932675
  • Updated Date : 12/26/2020 at 19:42
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,165 sqft
  • Baths : 3 full , 1 half
Listing Agent

Re/max Accord

Listing Agent's Description

The original owners have meticulously maintained this beautiful 5 bedroom, 31/2 bath Montrose model home. Indoor-outdoor living at its best. Shady landscaped front yard and triple garage. Come inside to a light-filled home with soaring ceilings and a winding staircase. Gourmet open kitchen with 5-burner gas cooktop. Additional family room for spreading out with a cozy fireplace. Master retreat downstairs and another large master suite upstairs. Laundry room with plenty of storage. Magical and inviting backyard with in-ground pool and spa plus a spacious outdoor kitchen framed by a stone and wood pergola. Remote controlled side-yard gate. Easy to get to parks, shopping and the freeway, plus to Livermore's famed wineries and bustling downtown.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94551

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $262k1078k

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

Zip Code: 94551

ZipNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $14963863

* 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
Livermore High School High Regular 1,771 82 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

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

$1,215,000$1,485,000$1,350,000

PURCHASE PRICE

$3,195$3,905$3,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,550
EXPENSES Loan Payment -$4,981
Property Tax -$1,484
Property Insurance -$103
Property Management Fees -$174
CASH FLOW
-$3,192

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.

$1,350,000

PROJECTED PRICE

$3,550

PROJECTED RENT

0.26%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$1.0M$2.0M$3.0M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$50k-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$363,500

INVESTMENT

$363,500

Down Payment
$337,500
Rehab Estimate
$5,750
Closing Costs
$20,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$4,981

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $337,500
Loan Amount $1,012,500
See What Happens When You Reinvest Cash Flow

-0.17

YEARS SAVED

-$93

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
  • $3,534

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$7503$4,7004$5,000
$5,000
RENT COMPS ANALYSIS
  • 842 Highland St Livermore, CA 1
    • 5 beds 4 baths ∙ 3,165 Sqft ∙ Built 1997 5 beds 4 baths ∙ 3,165 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • Highland Street Livermore, CA 2
    • 4 beds 4 baths ∙ 2,950 Sqft ∙ Built 1998 4 beds 4 baths ∙ 2,950 Sqft ∙ Built 1998
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $750
    • $0.25
    •  
  • 1393 Arrowhead Ave Livermore, CA 3
    • 6 beds 3 baths ∙ 3,264 Sqft ∙ Built 1997 6 beds 3 baths ∙ 3,264 Sqft ∙ Built 1997
    LEASED 11/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.44
    •  
  • 5333 Carnegie Loop Livermore, CA 4
    • 5 beds 3 baths ∙ 3,011 Sqft ∙ Built 2000 5 beds 3 baths ∙ 3,011 Sqft ∙ Built 2000
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.66
    •  
PROPERTY LISTING DETAILS
Judi Irwin
Re/max Accord
BESbswy