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You are viewing a limited investment report from Krunching.com, a serious tool for investors and homebuyers. Krunching.com provides property reports with historical sales data, comparables, the rents in the area, valuations and market trends.

421 Pomolita Dr

UKIAH, CA

Property Report


Property Details

Type
RSFR
Bed
3
Bath
1.0
Units
Bldgs
Stories
1
Parking
1
Year Built
1955
Zoning
R1
Lot Sqft (ac)
6534 (0.15)
Bldg Sqft
1251
Listing Price
$297,500

 

Listing Information

Listing Date
2008-11-06
MLS
BAREIS - 20828662
Listing Agent
John Bogner
Listing Office
Realty World-Selzer Realty

Comments

Charming 3 bdrm home on low traffic street within walking distance to downtown Ukiah, shopping, movie theater. Gas fireplace, built-in bookcases. Nice rear yard and patio.

Pictures

Listing information is being provided by the BAREIS Inc., MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2008 Bay Area Real Estate Information Services, Inc. All Rights Reserve. Listings last updated: 2009-01-08 12:04:45.

Legal Description

Parcel Number
0013110400
Description
Subdivision
WALNUT COURT

Source: Public Records

Active & Recently Sold Comparables

No active comparable properties found.
No recently sold comparable properties found.

Rental comparables

Source Accuracy Low Median High # of Comparables More info
Rentometer Census Tract $1,100 $1,100 $1,500 46 Comparables Report
HUD FMR Statistical Area (CBSA) $1,227 Not applicable HUD FMR Information

Investment Summary

This investment summary assumes a 30-year fixed loan, 20% down, 7% APR. It uses operating assumptions of 10% management fees, 9% vacancy allotment, 3% repairs. This investment summary assumes that rents increase each year by 5%. This property would need to be purchased for $147,500 in order to generate a break-even cashflow based on prevaliing market rents.

1 Year 2 Year 3 Year 4 Year 5 Year
Break-even Purchase Price $147,500
Rents
$13,200
$14,478
$15,252
$15,810
$16,351
Cashflow Before Taxes
$-1,042
$-46
$558
$994
$1,416
Cash-on-Cash Return
-3.53%
-0.15%
1.89%
3.37%
4.80%

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