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1252 Camelia Ct Concord, CA 94520

4 Beds 3 Baths 2,018 sqft Built 2002

INVESTimate

$695,000

List Price

$2,810

$2,560 - $3,060

Rent Est.

$776,454  ( +11.72%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 2002
  • Price/Sqft : $344.40
  • 6 Days on Market
  • MLS # : MR40917636
  • Updated Date : 08/25/2020 at 11:17
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,018 sqft
  • Baths : 2 full , 1 half
Listing Agent

Advance 1 Mckeever Real Estate

Listing Agent's Description

Beautiful turnkey Two story home! Perfect for your family. In close proximity to parks, schools, and shopping centers. Don't miss out!!!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94520

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $181k1015k

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

Zip Code: 94520

ZipNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14453193

* 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
Fair Oaks Elementary School Primary Regular 403 16 3
Oak Grove Middle School Middle Regular 695 40 1
Ygnacio Valley High School High Regular 1,134 53 4

Fair Oaks Elementary School

  • Education Level: Primary
  • # of students: 403
  • # of teachers: 16
3
GreatSchools Rating

Oak Grove Middle School

  • Education Level: Middle
  • # of students: 695
  • # of teachers: 40
1
GreatSchools Rating

Ygnacio Valley High School

  • Education Level: High
  • # of students: 1,134
  • # of teachers: 53
4
GreatSchools Rating
 

$625,500$764,500$695,000

PURCHASE PRICE

$2,529$3,091$2,810

RENT

DOWN PAYMENT
FINANCING

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,810
EXPENSES Loan Payment -$2,564
Property Tax -$771
Property Insurance -$76
HOA -$123
Property Management Fees -$149
CASH FLOW
-$873

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.

$695,000

PROJECTED PRICE

$2,810

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.72%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$189,925

INVESTMENT

$189,925

Down Payment
$173,750
Rehab Estimate
$5,750
Closing Costs
$10,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,564

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $173,750
Loan Amount $521,250
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$3,503

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,810

    LIST RENT
  • $1.39

    LIST RENT PER SQFT
  • $2,573

    COMP ESTIMATED VALUE
  • $1.28

    COMP AVG. RENT PER SQFT
Comps Range
$2,375
1$2,3752$2,4003$2,810
$2,810
RENT COMPS ANALYSIS
  • 1252 Camelia Ct Concord, 3
    • 4 beds 3 baths ∙ 2,018 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,018 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $2,810
    • $1.39
    •  
  • 1109 Caitlin Park Walnut Creek, 1
    • 4 beds 3 baths ∙ 1,874 Sqft ∙ Built 1997 4 beds 3 baths ∙ 1,874 Sqft ∙ Built 1997
    LEASED 09/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,375
    • $1.27
    •  
  • 1275 Oakshire Ct Walnut Creek, 2
    • 4 beds 3 baths ∙ 1,877 Sqft ∙ Built 1996 4 beds 3 baths ∙ 1,877 Sqft ∙ Built 1996
    LEASED 02/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.28
    •  
PROPERTY LISTING DETAILS
Anthony Wofford
Advance 1 Mckeever Real Estate
BESbswy