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881 Los Alamos Ave Livermore, CA 94550

4 Beds 2 Baths 1,798 sqft Built 1963

$899,000

List Price

$3,360

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

October 28, 2020 RECENTLY ADDED
FACTS
  • Built In 1963
  • Price/Sqft : $500.00
  • 7 Days on Market
  • MLS # : BE40927089
  • Updated Date : 10/28/2020 at 08:24
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,798 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

This wonderfully updated 4 Bedroom 2 Full Bath home is loaded with upgrades throughout. The curb appeal greets you from the Street and the Inviting Entry leads to the Gorgeous Livingroom with Original random plank wood flooring. This popular Sunset Model has been well maintained and cared for by the owners. Updated kitchen with gorgeous Granite Counter-tops and White cabinetry compliment the popular floorplan. Recently updated Master Suite and updated master bath are downstairs. Three Large Bedrooms and spacious bathroom upstairs. The well maintained backyard has mature landscaping and lovely color spots throughout the yard. Located in a prime Sunset neighborhood close to Award Winning schools. An incredible location and a value!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sunset West

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1016k

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

Neighborhood: Sunset West

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $15283195

* 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
Joel Mitchell Elementary And Middle Primary Regular 581 27 6
Joel Mitchell Elementary And Middle Middle Regular 581 27 6
Granada High School High Regular 2,017 85 8

Joel Mitchell Elementary And Middle

  • Education Level: Primary
  • # of students: 581
  • # of teachers: 27
6
GreatSchools Rating

Joel Mitchell Elementary And Middle

  • Education Level: Middle
  • # of students: 581
  • # of teachers: 27
6
GreatSchools Rating

Granada High School

  • Education Level: High
  • # of students: 2,017
  • # of teachers: 85
8
GreatSchools Rating
 

$809,100$988,900$899,000

PURCHASE PRICE

$3,024$3,696$3,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,360
EXPENSES Loan Payment -$3,317
Property Tax -$1,010
Property Insurance -$71
Property Management Fees -$165
CASH FLOW
-$1,202

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.

$899,000

PROJECTED PRICE

$3,360

PROJECTED RENT

0.37%

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 4.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$243,985

INVESTMENT

$243,985

Down Payment
$224,750
Rehab Estimate
$5,750
Closing Costs
$13,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,317

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $224,750
Loan Amount $674,250
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,474

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
  • $3,659

    COMP ESTIMATED VALUE
  • $2.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,2003$3,2004$3,3505$3,550
$3,550
RENT COMPS ANALYSIS
  • 881 Los Alamos Ave Livermore, CA 1
    • 4 beds 2 baths ∙ 1,798 Sqft ∙ Built 1963 4 beds 2 baths ∙ 1,798 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 438 Covellite Ln Livermore, CA 2
    • 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
    •  
  • 1146 Aberdeen Ave Livermore, CA 3
    • 4 beds 2 baths ∙ 1,512 Sqft ∙ Built 1957 4 beds 2 baths ∙ 1,512 Sqft ∙ Built 1957
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.12
    •  
  • 775 Leland Way Livermore, CA 4
    • 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1965
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.01
    •  
  • 737 Canterbury Ave. Livermore, CA 5
    • 4 beds 2 baths ∙ 1,739 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,739 Sqft ∙ Built 1967
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $2.04
    •  
PROPERTY LISTING DETAILS
Rob Cain
Keller Williams Tri-valley
BESbswy