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1139 Langlie Rodeo, CA 94572

3 Beds 2 Baths 1,998 sqft Built 1979

$767,000

List Price

$2,920

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

October 29, 2020 RECENTLY ADDED
FACTS
  • Built In 1979
  • Price/Sqft : $383.88
  • 6 Days on Market
  • MLS # : CC40927386
  • Updated Date : 10/31/2020 at 15:56
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,998 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Bartels

Listing Agent's Description

Welcome Home. A very well-maintained almost 2000 square feet of living space home. The property is move-in condition with three bedrooms, two full baths, two fireplaces in the living room and master bedroom, kitchen, dining room that opens to a covered patio and a very large backyard with RV parking...there is so much to enjoy. The low-maintenance backyard has plenty of leveled space to enjoy and relax, play or garden and nice uphill slope. Located close to school and shopping, BART is only 15 minutes away. Hop on Hwy 80 and you are in SF in 40 minutes, 25 to Oakland/Berkeley. Concord/Walnut Creek is only 25 minutes and 45 minutes to San Jose through Hwy 4. This is truly a must see.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: View Pointe

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $212k1062k

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

Neighborhood: View Pointe

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
Rodeo Hills Elementary School Primary Regular 733 31 3
Carquinez Middle School Middle Regular 382 17 3
John Swett High School High Regular 529 24 6

Rodeo Hills Elementary School

  • Education Level: Primary
  • # of students: 733
  • # of teachers: 31
3
GreatSchools Rating

Carquinez Middle School

  • Education Level: Middle
  • # of students: 382
  • # of teachers: 17
3
GreatSchools Rating

John Swett High School

  • Education Level: High
  • # of students: 529
  • # of teachers: 24
6
GreatSchools Rating
 

$690,300$843,700$767,000

PURCHASE PRICE

$2,628$3,212$2,920

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,920
EXPENSES Loan Payment -$2,830
Property Tax -$913
Property Insurance -$75
HOA -$40
Property Management Fees -$149
CASH FLOW
-$1,087

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.

$767,000

PROJECTED PRICE

$2,920

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.8%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$209,005

INVESTMENT

$209,005

Down Payment
$191,750
Rehab Estimate
$5,750
Closing Costs
$11,505

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,830

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $191,750
Loan Amount $575,250
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,120

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
  • $2,927

    COMP ESTIMATED VALUE
  • $1.47

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,0003$3,700
$3,700
RENT COMPS ANALYSIS
  • 1139 Langlie Rodeo, CA 1
    • 3 beds 2 baths ∙ 1,998 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,998 Sqft ∙ Built 1979
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 136 Daisy Ct Hercules, CA 2
    • 4 beds 3 baths ∙ 2,247 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,247 Sqft ∙ Built 1978
    property image
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.34
    •  
  • 313 Violet Rd Hercules, CA 3
    • 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 1979 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 1979
    property image
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.59
    •  
PROPERTY LISTING DETAILS
Solomon Bekkele
Coldwell Banker Bartels
BESbswy