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1320 Bonum Way Brentwood, CA 94513

2 Beds 2 Baths 1,582 sqft Built 2004

$495,000

List Price

$2,400

$2.2K - $2.6K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $312.90
  • 3 Days on Market
  • MLS # : CC40931794
  • Updated Date : 12/12/2020 at 07:58
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,582 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Meticulously maintained two bedroom, two bathroom single story home in the peaceful Summerset active adult retirement community. You are welcomed into a cozy living and dining room that is filled with natural light, neutral paint and plantation shutters. The floor plan flows nicely into the bright and open eat in kitchen and family room with slider to the backyard. The home features a large primary bedroom with en suite bath and walk in closet, secondary bedroom and bathroom, as well as a third room for a den or home office. Attached two car garage and wonderful curb appeal. There is a darling covered patio for outdoor living and it surrounded by lush, mature landscaping. Throughout the community there is a golf course, parks, tennis courts, swimming pools and much more!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94513

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Zip Code: 94513

ZipNIR 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
Krey Elementary School Primary Regular 893 34 7
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Krey Elementary School

  • Education Level: Primary
  • # of students: 893
  • # of teachers: 34
7
GreatSchools Rating

Adams Middle School

  • Education Level: Middle
  • # of students: 1,106
  • # of teachers: 40
8
GreatSchools Rating

Heritage High School

  • Education Level: High
  • # of students: 2,503
  • # of teachers: 100
9
GreatSchools Rating
 

$445,500$544,500$495,000

PURCHASE PRICE

$2,160$2,640$2,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,400
EXPENSES Loan Payment -$1,826
Property Tax -$492
Property Insurance -$65
HOA -$155
Property Management Fees -$149
CASH FLOW
-$288

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.

$495,000

PROJECTED PRICE

$2,400

PROJECTED RENT

0.48%

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 4.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$136,925

INVESTMENT

$136,925

Down Payment
$123,750
Rehab Estimate
$5,750
Closing Costs
$7,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,826

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $123,750
Loan Amount $371,250
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$24,114

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
  • $2,389

    COMP ESTIMATED VALUE
  • $1.51

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,3004$2,4005$2,850
$2,850
RENT COMPS ANALYSIS
  • 1320 Bonum Way Brentwood, CA 1
    • 2 beds 2 baths ∙ 1,582 Sqft ∙ Built 2004 2 beds 2 baths ∙ 1,582 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1110 Jonagold Way Brentwood, CA 2
    • 2 beds 2 baths ∙ 1,582 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,582 Sqft ∙ Built 2003
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.45
    •  
  • 1862 Tangier Ter Brentwood, CA 3
    • 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2000 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2000
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.47
    •  
  • 1626 Regent Dr Brentwood, CA 4
    • 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2001 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2001
    LEASED 06/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.53
    •  
  • 1360 Mcprince Ln Brentwood, CA 5
    • 2 beds 2 baths ∙ 1,793 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,793 Sqft ∙ Built 2003
    LEASED 07/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.59
    •  
PROPERTY LISTING DETAILS
Desiree Bilich
Keller Williams Realty
BESbswy