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114 La Quinta St Moraga, CA 94556

2 Beds 2 Baths 1,720 sqft Built 1982

$1,050,000

List Price

$4,040

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1982
  • Price/Sqft : $610.47
  • 6 Days on Market
  • MLS # : CC40933388
  • Updated Date : 01/13/2021 at 18:00
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,720 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Ideally situated on a cul-de-sac on the 6th fairway of the Moraga Country Club, this light and bright 2 bedroom + den, 2 bath detached single family home features cathedral ceilings, gas insert fireplace, indoor laundry and two decks overlooking the course. The new owners will have full MCC membership (bypass the waitlist) - golf, tennis, swim + more and access to Moraga's award winning schools. This location is close to the trail towards the weekly Moraga farmers' market & shopping and also to open space hiking and biking. Come for the lifestyle!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Moraga Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1307k

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

Neighborhood: Moraga Country Club

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2200025003000350040004500Rent in $16714886

* 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
Los Perales Elementary School Primary Regular 362 18 9
Joaquin Moraga Intermediate School Middle Regular 684 36 10
Miramonte High School High Regular 1,155 58 9

Los Perales Elementary School

  • Education Level: Primary
  • # of students: 362
  • # of teachers: 18
9
GreatSchools Rating

Joaquin Moraga Intermediate School

  • Education Level: Middle
  • # of students: 684
  • # of teachers: 36
10
GreatSchools Rating

Miramonte High School

  • Education Level: High
  • # of students: 1,155
  • # of teachers: 58
9
GreatSchools Rating
 

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$3,636$4,444$4,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,040
EXPENSES Loan Payment -$3,647
Property Tax -$1,134
Property Insurance -$69
HOA -$912
Property Management Fees -$198
CASH FLOW
-$1,919

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.

$1,050,000

PROJECTED PRICE

$4,040

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0

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$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$3,647

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$14

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $4,040

    LIST RENT
  • $2.35

    LIST RENT PER SQFT
  • $3,876

    COMP ESTIMATED VALUE
  • $2.25

    COMP AVG. RENT PER SQFT
Comps Range
$2,950
1$2,9502$3,8003$4,0404$4,125
$4,125
RENT COMPS ANALYSIS
  • 114 La Quinta St Moraga, CA 3
    • 2 beds 2 baths ∙ 1,720 Sqft ∙ Built 1982 2 beds 2 baths ∙ 1,720 Sqft ∙ Built 1982
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,040
    • $2.35
    •  
  • 2135 Ascot Dr 1 Moraga, CA 1
    • 2 beds 3 baths ∙ 1,539 Sqft ∙ Built 1969 2 beds 3 baths ∙ 1,539 Sqft ∙ Built 1969
    property image
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.92
    •  
  • 794 Country Club Dr Moraga, CA 2
    • 2 beds 3 baths ∙ 1,743 Sqft ∙ Built 1973 2 beds 3 baths ∙ 1,743 Sqft ∙ Built 1973
    property image
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.18
    •  
  • 863 Augusta Dr Moraga, CA 4
    • 2 beds 2 baths ∙ 1,552 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,552 Sqft ∙ Built 1979
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,125
    • $2.66
    •  
PROPERTY LISTING DETAILS
Tara Rochlin
Compass
BESbswy