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501 Indian Home Rd 
Danville, CA
94526
3 Beds 2 Baths 1,774 sqft
Built 1975
INVESTimate
$1,198,000
List Price
$323,220
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PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $675.31
- 2 Days on Market
- MLS # : CC40917822
- Updated Date : 08/25/2020 at 11:41
CONSTRUCTION
- Beds : 3
- Floor Size : 1,774 sqft
- Baths : 2 full
Listing Agent
Compass
Listing Agent's Description
Stunning SINGLE STORY in Sycamore! Situated on a corner lot with picture perfect curb appeal this home offers the buyers an open floor plan with incredible attention to detail! 3 bedrooms, 2 baths, 1,774 Sq Ft. Owners completed this renovation in 2016-2017 creating a modern, yet cozy residence. With vaulted ceiling, hardwood floors, re-designed fireplaces, open kitchen with island, stainless appliances and quartz countertops. Smart Home features were incorporated as well as high efficiency furnace and air conditioner, Milgard windows and new interior doors. The Pavers add to the landscape architecture, found at the rear yard patio, the front walkways and the driveway. Additional features include: new retaining wall, new landscape lighting, new roof/gutters, attic fans, insulated garage door, epoxy finished garage floor, 220 V for your electric car, new insulation, new drywall, and lighting throughout. HOA includes community pool, clubhouse, tennis courts and more!
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PRICE & RENT TRENDS
Neighborhood: North Sycamore
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North Sycamore
* 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 | $3,960 |
| EXPENSES | Loan Payment | -$4,420 |
| Property Tax | -$1,224 | |
| Property Insurance | -$70 | |
| HOA | -$315 | |
| Property Management Fees | -$194 | |
|
CASH FLOW
-$2,263
|
||
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.
$1,198,000
PROJECTED PRICE
$3,960
PROJECTED RENT
0.33%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 7.31% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$323,220
LOAN DETAILS
$4,420
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $299,500 |
| Loan Amount | $898,500 |
0.08
YEARS SAVED
$69
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,960
LIST RENT -
$2.23
LIST RENT PER SQFT
-
$3,987
COMP ESTIMATED VALUE -
$2.25
COMP AVG. RENT PER SQFT
Comps Range
-
501 Indian Home Rd Danville, 3
- 3 beds 2 baths ∙ 1,774 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,774 Sqft ∙ Built 1975
- Rent
- Rent Per SQFT
- $3,960
- $2.23
-
300 Century Cir Danville, 1
- 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976
LEASED 08/19/20- Rent
- Rent Per SQFT
- $3,700
- $2.24
-
15 Portland Court Danville, 2
- 3 beds 2 baths ∙ 1,850 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,850 Sqft ∙ Built 1972
LEASED 02/16/20- Rent
- Rent Per SQFT
- $3,850
- $2.08
-
680 Rock Island Cir Danville, 4
- 4 beds 2 baths ∙ 1,727 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,727 Sqft ∙ Built 1976
LEASED 04/01/20- Rent
- Rent Per SQFT
- $4,000
- $2.32
-
120 Paraiso Dr Danville, 5
- 4 beds 3 baths ∙ 2,021 Sqft ∙ Built 1962 4 beds 3 baths ∙ 2,021 Sqft ∙ Built 1962
LEASED 02/29/20- Rent
- Rent Per SQFT
- $4,750
- $2.35
PROPERTY LISTING DETAILS
Compass
