Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1065 Somersby Way Brentwood, CA 94513

5 Beds 3 Baths 2,575 sqft Built 1999

$700,000

List Price

$2,880

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $271.84
  • 4 Days on Market
  • MLS # : CC40933531
  • Updated Date : 01/08/2021 at 16:10
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,575 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Beautifully maintained, 5 bedroom, 3 bath home with a bedroom and full bath on the first floor. Downstairs find a spacious living room, formal dining room, large kitchen which opens to a family room with an inviting fireplace, bedroom with private exterior access, full bathroom, and laundry room. The open kitchen features an island with seating, a gas range, a built-in workstation and abundant cabinet space. Upstairs find a master suite, 3 generous sized bedrooms, and a 3rd bathroom, also with double sinks. The master has a spa-like ensuite bathroom with a soaking tub, large shower, and dual vanity sinks. The backyard offers plenty of room to relax, entertain or play including a patio, hot tub, and lush lawn. Central location, just minutes to freeway, multiple shopping, and restaurant options. Walkable to trails and park.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Heritage

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Heritage

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13953193

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Pioneer Elementary School Primary Regular 879 34 6
Bristow Middle School Middle Regular 1,122 43 7
Heritage High School High Regular 2,503 100 9

Pioneer Elementary School

  • Education Level: Primary
  • # of students: 879
  • # of teachers: 34
6
GreatSchools Rating

Bristow Middle School

  • Education Level: Middle
  • # of students: 1,122
  • # of teachers: 43
7
GreatSchools Rating

Heritage High School

  • Education Level: High
  • # of students: 2,503
  • # of teachers: 100
9
GreatSchools Rating
 

$630,000$770,000$700,000

PURCHASE PRICE

$2,592$3,168$2,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,880
EXPENSES Loan Payment -$2,431
Property Tax -$696
Property Insurance -$89
Property Management Fees -$149
CASH FLOW
-$485

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.

$700,000

PROJECTED PRICE

$2,880

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$191,250

INVESTMENT

$191,250

Down Payment
$175,000
Rehab Estimate
$5,750
Closing Costs
$10,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,431

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $175,000
Loan Amount $525,000
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$18,831

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
  • $3,000

    COMP ESTIMATED VALUE
  • $1.17

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$2,8504$2,9955$3,300
$3,300
RENT COMPS ANALYSIS
  • 1065 Somersby Way Brentwood, CA 1
    • 5 beds 3 baths ∙ 2,575 Sqft ∙ Built 1999 5 beds 3 baths ∙ 2,575 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1224 Exeter Way Brentwood, CA 2
    • 4 beds 3 baths ∙ 2,712 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,712 Sqft ∙ Built 2000
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.03
    •  
  • 2312 Blue Ridge Ave Brentwood, CA 3
    • 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 2011 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 2011
    LEASED 08/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.22
    •  
  • 844 Stonewood Dr Brentwood, CA 4
    • 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 1995
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $1.19
    •  
  • 1130 Jordan Ct Brentwood, CA 5
    • 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2000
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.22
    •  
PROPERTY LISTING DETAILS
Renee White
Keller Williams Realty
BESbswy