Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1958
- Price/Sqft : $492.00
- 6 Days on Market
- MLS # : CC40932803
- Updated Date : 12/30/2020 at 17:05
CONSTRUCTION
- Beds : 3
- Floor Size : 1,626 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
Wow! Check out this single story home on a large flat lot! Privately located in a court, this home has three bedrooms, two full bathrooms, plus a bonus room! The HVAC system, including ducting, is all new 2019. There's plenty of storage in the oversized two-car garage to help keep you organized. The huge rear yard has an outbuilding plus room for a garden, pool, or even an ADU (Accessary Dwelling Unit - Check with the City) There is also a private well, served with a new filtration system to keep the water soft and clean! Spread out and relax in your future Concord estate. This home will not last!
SEE MORE
PRICE & RENT TRENDS
Zip Code: 94518
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94518
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,220 |
| EXPENSES | Loan Payment | -$2,952 |
| Property Tax | -$888 | |
| Property Insurance | -$66 | |
| Property Management Fees | -$158 | |
|
CASH FLOW
-$844
|
||
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.
$800,000
PROJECTED PRICE
$3,220
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 7.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$217,750
LOAN DETAILS
$2,952
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $200,000 |
| Loan Amount | $600,000 |
1.67
YEARS SAVED
$9,860
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
-
$3,256
COMP ESTIMATED VALUE -
$2
COMP AVG. RENT PER SQFT
Comps Range
-
1421 Mohr Ct Concord, CA 1
- 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1958
- Rent
- Rent Per SQFT
- $0
- $0.00
-
1613 Countrywood Ct Walnut Creek, CA 2
- 3 beds 3 baths ∙ 1,568 Sqft ∙ Built 1973 3 beds 3 baths ∙ 1,568 Sqft ∙ Built 1973
LEASED 11/30/20- Rent
- Rent Per SQFT
- $2,995
- $1.91
-
2360 La Salle Walnut Creek, CA 3
- 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1974
LEASED 01/12/20- Rent
- Rent Per SQFT
- $3,100
- $1.81
-
1274 Claiborne Dr Walnut Creek, CA 4
- 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1964
LEASED 03/23/20- Rent
- Rent Per SQFT
- $3,800
- $2.15
-
2366 Parish Drive Walnut Creek, CA 5
- 4 beds 3 baths ∙ 1,941 Sqft ∙ Built 1964 4 beds 3 baths ∙ 1,941 Sqft ∙ Built 1964
LEASED 10/08/20- Rent
- Rent Per SQFT
- $4,150
- $2.14
PROPERTY LISTING DETAILS
Keller Williams Realty
