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1213 Jasmine Court Brentwood, CA 94513

4 Beds 3 Baths 2,822 sqft Built 2002

$789,000

List Price

$2,920

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 29, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $279.59
  • 6 Days on Market
  • MLS # : EB40932525
  • Updated Date : 12/29/2020 at 03:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,822 sqft
  • Baths : 3 full
Listing Agent

Marples & Associates

Listing Agent's Description

FANTASTIC OPPORTUNITY WORK, PLAY AND LIVE IN THIS MARVELOUS HOME LOCATED AT END OF CUL DE SAC; 3 CAR GARAGE AND SIDE YARD ACCESS PLUS 98 SQ.FT. OUT BUILDING WITH MANY ALTERNATIVE USES; FORMAL LIVING AND FAMILY ROOM; LARGE KITCHEN WITH BREAKFAST BAR AND ENORMOUS PANTRY; FULL BED AND BATH DOWNSTAIRS VERY PRIVATE; LARGE LOT ROOM FOR POOL AND SIDE YARD ACCESS WITH FULL FENCING; READY FOR YOUR FUSIEST CLIENT...

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PRICE & RENT TRENDS

Neighborhood: Hearthstone

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Hearthstone

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21400160018002000220024002600280030003200340036003800Rent in $13953863

* 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
Loma Vista Elementary School Primary Regular 621 23 7
Bristow Middle School Middle Regular 1,122 43 7
Heritage High School High Regular 2,503 100 9

Loma Vista Elementary School

  • Education Level: Primary
  • # of students: 621
  • # of teachers: 23
7
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
 

$710,100$867,900$789,000

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 -$2,911
Property Tax -$784
Property Insurance -$95
Property Management Fees -$149
CASH FLOW
-$1,019

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.

$789,000

PROJECTED PRICE

$2,920

PROJECTED RENT

0.37%

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 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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$214,835

INVESTMENT

$214,835

Down Payment
$197,250
Rehab Estimate
$5,750
Closing Costs
$11,835

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,911

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $197,250
Loan Amount $591,750
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,701

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
  • $2,942

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$2,8004$3,0005$3,250
$3,250
RENT COMPS ANALYSIS
  • 1213 Jasmine Court Brentwood, CA 1
    • 4 beds 3 baths ∙ 2,822 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,822 Sqft ∙ Built 2002
    • 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
    •  
  • 2353 St Augustine Brentwood, CA 3
    • 5 beds 3 baths ∙ 2,773 Sqft ∙ Built 2002 5 beds 3 baths ∙ 2,773 Sqft ∙ Built 2002
    LEASED 12/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.01
    •  
  • 1868 White Sands St Brentwood, CA 4
    • 5 beds 4 baths ∙ 2,900 Sqft ∙ Built 2005 5 beds 4 baths ∙ 2,900 Sqft ∙ Built 2005
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.03
    •  
  • 2352 St Augustine Dr Brentwood, CA 5
    • 4 beds 3 baths ∙ 2,963 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,963 Sqft ∙ Built 2001
    LEASED 12/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.10
    •  
PROPERTY LISTING DETAILS
Cathie Marples
Marples & Associates
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