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1291 Babcock Ct Brentwood, CA 94513

3 Beds 3 Baths 2,344 sqft Built 2000

$620,000

List Price

$2,900

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $264.51
  • 3 Days on Market
  • MLS # : EB40931159
  • Updated Date : 12/05/2020 at 10:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,344 sqft
  • Baths : 2 full , 1 half
Listing Agent

Enos Company

Listing Agent's Description

Welcome Home! This home is 2,344 sq. ft with 3 bedrooms and 2.5 bathrooms and a den all on a single floor an upstairs loft makes a perfect space for a homeschool room, media room or even a home gym. Upon entering the home you are greeted with engineered hardwood floors throughout the first floor. The kitchen has been meticulously remodeled with a large island Italian stone tile and Quartz countertops. There is an adorable coffee bar area next to the fireplace with custom tile surround and an additional dining area perfect for enjoying a cozy cup of coffee before you start your day. The Master Bedroom offer plenty of space with a master bathroom that sparkles with a granite countertop. Complete with a 3 car garage and indoor laundry. This home is located on a court with walking distance to Brentwood's vast trail system as well as walking distance to a middle school. This home checks all the boxes!

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PRICE & RENT TRENDS

Neighborhood: Lyon Groves

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: Lyon Groves

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
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
 

$558,000$682,000$620,000

PURCHASE PRICE

$2,610$3,190$2,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,900
EXPENSES Loan Payment -$2,288
Property Tax -$616
Property Insurance -$84
Property Management Fees -$149
CASH FLOW
-$236

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.

$620,000

PROJECTED PRICE

$2,900

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.5%
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-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$170,050

INVESTMENT

$170,050

Down Payment
$155,000
Rehab Estimate
$5,750
Closing Costs
$9,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,288

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $155,000
Loan Amount $465,000
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$40,945

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
  • $3,159

    COMP ESTIMATED VALUE
  • $1.35

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6253$2,7004$3,2005$3,500
$3,500
RENT COMPS ANALYSIS
  • 1291 Babcock Ct Brentwood, CA 1
    • 3 beds 3 baths ∙ 2,344 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,344 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 976 Chamomile Ln Brentwood, CA 2
    • 3 beds 3 baths ∙ 2,051 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,051 Sqft ∙ Built 2000
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,625
    • $1.28
    •  
  • 717 Thompsons Dr Brentwood, CA 3
    • 3 beds 3 baths ∙ 2,178 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,178 Sqft ∙ Built 1999
    LEASED 07/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.24
    •  
  • 825 Bamboo Dr Brentwood, CA 4
    • 4 beds 3 baths ∙ 2,221 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,221 Sqft ∙ Built 2018
    LEASED 03/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.44
    •  
  • 1154 Mulberry Pl Brentwood, CA 5
    • 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 1995
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.43
    •  
PROPERTY LISTING DETAILS
Jessica Enos
Enos Company
BESbswy