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INVESTimate
$829,000
List Price
$225,435
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2006
- Price/Sqft : $311.54
- 2 Days on Market
- MLS # : CC40917283
- Updated Date : 08/25/2020 at 11:56
CONSTRUCTION
- Beds : 4
- Floor Size : 2,661 sqft
- Baths : 2 full , 1 half
Listing Agent
Paradise West Real Estate
Listing Agent's Description
Gorgeous home on secluded Lane in Martinez with easy fwy access (4/680). Feels remote but still close to everything. Large home with open floorplan. Beautiful kitchen with newer appliances, island & walk in pantry. Huge master with soaking tub, large shower and dual sink vanity. Spacious upstairs laundry w/granite counters. Owned solar (NEM1!). Smart lighting & sprinklers. Private backyard with mature landscape and trees including avocado, lemon & plum. Fire pit area for relaxation along with hot tub enclosed by a gazebo. Third bay of garage has been converted to man cave/workshop. Level 2 EV charger (J1772) in garage.
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PRICE & RENT TRENDS
Neighborhood: Vine Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Vine Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,710 |
EXPENSES | Loan Payment | -$3,059 |
Property Tax | -$918 | |
Property Insurance | -$91 | |
Property Management Fees | -$182 | |
CASH FLOW
-$540
|
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.
$829,000
PROJECTED PRICE
$3,710
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 8.96% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.63% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$225,435
LOAN DETAILS
$3,059
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $207,250 |
Loan Amount | $621,750 |
3.58
YEARS SAVED
$31,925
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
-
$4,071
COMP ESTIMATED VALUE -
$1.53
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Paradise West Real Estate