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1319 Kansas Cir Concord, CA 94521

4 Beds 2 Baths 1,437 sqft Built 1965

$739,000

List Price

$2,790

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1965
  • Price/Sqft : $514.27
  • 4 Days on Market
  • MLS # : CC40928940
  • Updated Date : 11/13/2020 at 18:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,437 sqft
  • Baths : 2 full
Listing Agent

Bay Area Realty Brokers

Listing Agent's Description

Perfect 10! The only way to describe this stunning single story rancher on private circle in sought after Clayton Valley Highlands. Refinished hardwood flooring blend perfectly with the modern updates. Updates include; cooks kitchen with slab Quartz countertops, farm house sink, Waterstone faucet, coffee bar, spacious pantry, gas stove, and pendant lighting. Formal dining area with built in book shelves, and fireplace just off large family room with bay window. Walk out onto beautiful patio that has professionally landscaped backyard which includes multiple entertaining areas, a patio, lawn, string lighting, outdoor fireplace, storage shed and great planting bed. Both bathrooms have tons of upgrades, main bath has jetted tub, heat lamps, tile flooring and new vanity. Master bath was updated with glass shower door, subway tile, heater, and new vanity. RV parking, or storage area gives distance from side neighbors. Walk to Elementary, Middle, and Clayton Valley High. Truly a must see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Clayton Valley Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $216k1015k

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

Neighborhood: Clayton Valley Highlands

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $15223193

* 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
Highlands Elementary School Primary Regular 641 24 7
Pine Hollow Middle School Middle Regular 653 28 5
Clayton Valley Charter High School High Regular NA

Highlands Elementary School

  • Education Level: Primary
  • # of students: 641
  • # of teachers: 24
7
GreatSchools Rating

Pine Hollow Middle School

  • Education Level: Middle
  • # of students: 653
  • # of teachers: 28
5
GreatSchools Rating

Clayton Valley Charter High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$665,100$812,900$739,000

PURCHASE PRICE

$2,511$3,069$2,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,790
EXPENSES Loan Payment -$2,727
Property Tax -$820
Property Insurance -$62
Property Management Fees -$149
CASH FLOW
-$968

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.

$739,000

PROJECTED PRICE

$2,790

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.0%
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

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$201,585

INVESTMENT

$201,585

Down Payment
$184,750
Rehab Estimate
$5,750
Closing Costs
$11,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,727

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $184,750
Loan Amount $554,250
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,841

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
  • $2,734

    COMP ESTIMATED VALUE
  • $1.9

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2003$2,6004$2,8955$2,900
$2,900
RENT COMPS ANALYSIS
  • 1319 Kansas Cir Concord, CA 1
    • 4 beds 2 baths ∙ 1,437 Sqft ∙ Built 1965 4 beds 2 baths ∙ 1,437 Sqft ∙ Built 1965
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1085 Kenwal Road Concord, CA 2
    • 3 beds 2 baths ∙ 1,227 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,227 Sqft ∙ Built 1963
    LEASED 07/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.79
    •  
  • 1490 Duncan Dr Concord, CA 3
    • 3 beds 2 baths ∙ 1,338 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,338 Sqft ∙ Built 1961
    LEASED 06/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.94
    •  
  • 5537 Guadalupe Ct. Concord, CA 4
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,895
    • $2.04
    •  
  • 1334 Vermont Ave Concord, CA 5
    • 3 beds 2 baths ∙ 1,575 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,575 Sqft ∙ Built 1961
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.84
    •  
PROPERTY LISTING DETAILS
Shelly Gwynn
Bay Area Realty Brokers
BESbswy