eXp Realty Luxury
Offer Summary · Buyer's Agent Market Analysis

Offer a unit · a sq ft
Close ·
lender-view yield at the askThe offering memorandum shows
About in cashWhat a financed buyer needs at the asking price
Kip Boatcher, Broker Associate · eXp Realty · DRE #01322805Always Bringing You Home.
01

Executive Summary

A note from Kip

Offer terms

What we're offering

Purchase price
a unit · a square foot · vs. the ask
Included in the offer package

    Final terms are set in the purchase agreement. Items marked Projection are estimates and are finalized in escrow.

    Transaction timeline

    Milestone dates

    Proposed dates. Final periods are set in the purchase agreement.

    02

    Price Explorer

    Test any price

    Price, yield and your net proceeds

    Move the price between our offer and the asking price. The price panel stays in view as you scroll the panel, so you can watch the net sheet, the buyer pool and the sales update together.

    This panel is interactive. Drag the gold handle, tap a preset, or use the − and + buttons. Every number updates as you move.
    Drag the gold handle to set the price
    Whose numbers

    Cap rate
    Price per unit
    Price per sq ft · rent multiple
    Estimated net to the owners
    Seller net sheetEstimates. Enter your own figures; nothing you type leaves this page.

    At this price

    Our offer vs. the ask

    The buyer pool at this priceA lender sizes the loan on its own underwriting, whichever view you're looking at.
    Loan a bank sizes
    Cash a buyer needs to closeDown payment plus about 1.5% closing costs
    Mortgage payment
    Buyer's year-one return on cash
    Where this price sits among the 22 recorded sales of 5 to 16 units in 92109 over the last two years. Each dot is one sale, placed left to right by its price per unit: the past 12 months on the top row, 12 to 24 months ago below. Hover or tap a dot for the sale.
    Show
    Estimates for discussion, not a settlement statement. Your escrow officer provides the actual figures.
    03

    Why This Offer

    The income, the way a lender reads it

    Same rent roll, a lender's assumptions

    What a bank will lend

    Financing sets the ceiling for every buyer

    Banks size the loan on the income in place and a minimum debt coverage, not on the price. On today's bank terms, the loan stays roughly the same whatever the price, so every dollar above it comes from the buyer's cash.

    Rent roll

    The rents already reflect the renovation

    One-bedroom lease comparables

    Subject rents per the property manager's rent roll. MLS leases are unfurnished 12-month leases. Offering memorandum comparables are as reported, unverified. Needs verification

    04

    Market Data

    Recorded sales near the property

    Where the offer sits

    Distance to the sand

    Sales map

    Tap a pin or a row for the sale details.

    Pin locations are approximate, placed from recorded addresses. Needs verification

    Recorded sales · 5 to 16 units · 92109 · last 24 months

    Every arm's-length sale, sortable

    Source: county recorder data. Loan amounts and lenders as recorded. Distances are approximate. Needs verification