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143 Greenwood Circle Walnut Creek, CA 94597

3 Beds 2 Baths 1,395 sqft Built 1955

INVESTimate

$850,000

List Price

$3,430

$3,180 - $3,680

Rent Est.

$923,950  ( +8.70%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1955
  • Price/Sqft : $609.32
  • 8 Days on Market
  • MLS # : CC40917348
  • Updated Date : 08/21/2020 at 14:35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,395 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Charming ranch style home with a tranquil backyard: 1395 sqft with 3BD/2BA on .23 acre lot. This home is located on a quiet street. Desirable neighborhood with walking distance to Iron Horse Trail & Pleasant Hill Bart. Easy access to Walnut Creek shopping, dining, and 680 freeway.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94597

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Zip Code: 94597

ZipNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714076

* 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
Pleasant Hill Middle School Middle Regular 972 39 6
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

Pleasant Hill Middle School

  • Education Level: Middle
  • # of students: 972
  • # of teachers: 39
6
GreatSchools Rating

Ygnacio Valley High School

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

$765,000$935,000$850,000

PURCHASE PRICE

$3,087$3,773$3,430

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$20k$25k

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 $3,430
EXPENSES Loan Payment -$3,136
Property Tax -$891
Property Insurance -$61
Property Management Fees -$168
CASH FLOW
-$826

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.

$850,000

PROJECTED PRICE

$3,430

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.70%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$231,000

INVESTMENT

$231,000

Down Payment
$212,500
Rehab Estimate
$5,750
Closing Costs
$12,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,136

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $212,500
Loan Amount $637,500
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$13,361

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,430

    LIST RENT
  • $2.46

    LIST RENT PER SQFT
  • $3,407

    COMP ESTIMATED VALUE
  • $2.44

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,2003$3,4304$3,7505$4,100
$4,100
RENT COMPS ANALYSIS
  • 143 Greenwood Circle Walnut Creek, 3
    • 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 1955
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,430
    • $2.46
    •  
  • 3240 Hudson Ave Walnut Creek, 1
    • 3 beds 1 baths ∙ 1,283 Sqft ∙ Built 1948 3 beds 1 baths ∙ 1,283 Sqft ∙ Built 1948
    property image
    LEASED 05/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.34
    •  
  • 3216 Rogers Ave Walnut Creek, 2
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1948 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1948
    property image
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.39
    •  
  • 132 Calle Nogales Walnut Creek, 4
    • 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1962
    property image
    LEASED 11/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $2.31
    •  
  • 1329 Kilarney Ln. Walnut Creek, 5
    • 3 beds 2 baths ∙ 1,502 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,502 Sqft ∙ Built 1964
    property image
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,100
    • $2.73
    •  
PROPERTY LISTING DETAILS
Lisa Shaffer
Compass
BESbswy