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INVESTimate
$688,500
List Price
$188,203
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $184.78
- 2 Days on Market
- MLS # : CC40918149
- Updated Date : 08/25/2020 at 15:12
CONSTRUCTION
- Beds : 4
- Floor Size : 3,726 sqft
- Baths : 3 full , 1 half
Listing Agent
Homesmart Optima Realty, Inc
Listing Agent's Description
Lovely two story home with 5 bedrooms and 4.5 baths with 3726 Sq Ft of living space. Formal Living room and Dining room with high ceiling. Huge inviting family room perfect for entertaining Kitchen is extra large with pantry and Kitchen Island and granite tile countertop. Extra wide Grand Stairway makes for a great eye popping entrance. Outstanding, huge master bedroom with walk-in closet. Fabulous master bath include dual sinks and separate tub and shower. Large loft for home office or for kids play room. Large back yard and much more Close To highways, shopping and schools.
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PRICE & RENT TRENDS
Neighborhood: Black Diamond Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Black Diamond Canyon
* 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 | $3,270 |
EXPENSES | Loan Payment | -$2,540 |
Property Tax | -$670 | |
Property Insurance | -$117 | |
Property Management Fees | -$160 | |
CASH FLOW
-$217
|
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.
$688,500
PROJECTED PRICE
$3,270
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 5.00% |
Appreciation Year (1-5) | 6.88% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.63% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$188,203
LOAN DETAILS
$2,540
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $172,125 |
Loan Amount | $516,375 |
5.5
YEARS SAVED
$49,596
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
-
$3,484
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Homesmart Optima Realty, Inc