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951 Ulfinian Way Martinez, CA 94553

4 Beds 4 Baths 2,076 sqft Built 1969

INVESTimate

$838,000

List Price

$3,240

$2,990 - $3,490

Rent Est.

$909,900  ( +8.58%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1969
  • Price/Sqft : $403.66
  • 6 Days on Market
  • MLS # : BE40917685
  • Updated Date : 08/21/2020 at 09:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,076 sqft
  • Baths : 3 full , 1 half
Listing Agent

Community Realty & Investment

Listing Agent's Description

Exceptional opportunity to own this amazing house in beautiful Martinez. 951 Ulfinian Way has just undergone a complete transformation from top to bottom with new foundation and pined w/ 12ft piers. This home has been re-designed to check all the boxes in beauty, practicality, and location. The new floorplan offers 4 bed (Master&Junior suite), 3.5 bath, Designer kitchen with high end s/s appliances, lighting & open concept feel that connect to the newly built multi level deck where you can enjoy the gorgeous view. Walk or bike to Martinez Downtown for great shopping and restaurants. Hurry, this Martinez Beauty is not to be missed!

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PRICE & RENT TRENDS

Zip Code: 94553

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $233k1015k

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

Zip Code: 94553

ZipNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16243193

* 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
John Muir Elementary School Primary Regular 434 17 7
Martinez Junior High School Middle Regular 978 40 6
Alhambra Senior High School High Regular 1,181 58 7

John Muir Elementary School

  • Education Level: Primary
  • # of students: 434
  • # of teachers: 17
7
GreatSchools Rating

Martinez Junior High School

  • Education Level: Middle
  • # of students: 978
  • # of teachers: 40
6
GreatSchools Rating

Alhambra Senior High School

  • Education Level: High
  • # of students: 1,181
  • # of teachers: 58
7
GreatSchools Rating
 

$754,200$921,800$838,000

PURCHASE PRICE

$2,916$3,564$3,240

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$15k

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 $3,240
EXPENSES Loan Payment -$3,092
Property Tax -$940
Property Insurance -$77
Property Management Fees -$159
CASH FLOW
-$1,027

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.

$838,000

PROJECTED PRICE

$3,240

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.58%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$227,820

INVESTMENT

$227,820

Down Payment
$209,500
Rehab Estimate
$5,750
Closing Costs
$12,570

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,092

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $209,500
Loan Amount $628,500
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$4,941

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
  • $3,467

    COMP ESTIMATED VALUE
  • $1.67

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1503$3,500
$3,500
RENT COMPS ANALYSIS
  • 951 Ulfinian Way Martinez, 1
    • 4 beds 4 baths ∙ 2,076 Sqft ∙ Built 1969 4 beds 4 baths ∙ 2,076 Sqft ∙ Built 1969
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4880 Shadowfalls Martinez, 2
    • 4 beds 3 baths ∙ 1,775 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,775 Sqft ∙ Built 1988
    LEASED 12/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.77
    •  
  • 1450 Franklin Canyon Rd Martinez, 3
    • 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 1973 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 1973
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.57
    •  
PROPERTY LISTING DETAILS
Nahel Tleimat
Community Realty & Investment
BESbswy