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997 Madrone Way Livermore, CA 94550

3 Beds 2 Baths 1,148 sqft Built 1959

$825,000

List Price

$2,980

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1959
  • Price/Sqft : $718.64
  • 5 Days on Market
  • MLS # : BE40932903
  • Updated Date : 12/31/2020 at 09:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,148 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

It's a rare occasion and treat that such a well-crafted & renovated home as such offered in Livermore Ca. This home was gorgeously remodeled from the ground up! With Custom features: A open floor plan design with large enclosed patio. Enjoy this upcoming summer in the large backyard which is absolutely amazing for entertaining

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
 

$742,500$907,500$825,000

PURCHASE PRICE

$2,682$3,278$2,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,980
EXPENSES Loan Payment -$3,044
Property Tax -$927
Property Insurance -$55
Property Management Fees -$149
CASH FLOW
-$1,194

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.

$825,000

PROJECTED PRICE

$2,980

PROJECTED RENT

0.36%

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$224,375

INVESTMENT

$224,375

Down Payment
$206,250
Rehab Estimate
$5,750
Closing Costs
$12,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,044

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $206,250
Loan Amount $618,750
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$989

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
  • $2,660

    COMP ESTIMATED VALUE
  • $2.32

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8003$3,3004$3,350
$3,350
RENT COMPS ANALYSIS
  • 997 Madrone Way Livermore, CA 1
    • 3 beds 2 baths ∙ 1,148 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,148 Sqft ∙ Built 1959
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1442 El Dorado Dr Livermore, CA 2
    • 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1960
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.33
    •  
  • 1853 De Leon Livermore, CA 3
    • 3 beds 2 baths ∙ 1,466 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,466 Sqft ∙ Built 1972
    property image
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.25
    •  
  • 1045 Via Madrid Livermore, CA 4
    • 3 beds 2 baths ∙ 1,416 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,416 Sqft ∙ Built 1959
    property image
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.37
    •  
PROPERTY LISTING DETAILS
Chris Hotaki
Compass
BESbswy