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PROPERTY INFO
FACTS
- Single Family
- Built In 1984
- Price/Sqft : $487.40
- 8 Days on Market
- MLS # : EB40932700
- Updated Date : 01/01/2021 at 03:10
CONSTRUCTION
- Beds : 3
- Floor Size : 1,436 sqft
- Baths : 2 full
Listing Agent
Assist-2-sell Buyers & Sellers
Listing Agent's Description
Located within walking distance of shopping, parks, and Westwood's HOA swimming pool, this single story home has 3 bedrooms and 2 baths with a private patio off the master bedroom. Home includes beautiful hardwood and tile flooring, vaulted ceilings, cozy brick fireplace, ceiling fans, upgraded bathrooms, low maintenance backyard with large side yard. Bedrooms include mirrored closet doors. Kitchen includes refaced cabinets, stainless steel appliances and breakfast bar. Move in ready!
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PRICE & RENT TRENDS
Neighborhood: Clayton
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Clayton
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,820 |
| EXPENSES | Loan Payment | -$2,582 |
| Property Tax | -$787 | |
| Property Insurance | -$62 | |
| HOA | -$115 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$875
|
||
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.
$699,900
PROJECTED PRICE
$2,820
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 5.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| 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
$191,224
LOAN DETAILS
$2,582
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $174,975 |
| Loan Amount | $524,925 |
0.83
YEARS SAVED
$2,915
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,843
COMP ESTIMATED VALUE -
$1.98
COMP AVG. RENT PER SQFT
Comps Range
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1539 Ohara Court Clayton, CA 1
- 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1984
- Rent
- Rent Per SQFT
- $0
- $0.00
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5537 Guadalupe Ct. Concord, CA 2
- 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
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5324 Myrtle Dr Concord, CA 3
- 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975
LEASED 03/02/20- Rent
- Rent Per SQFT
- $3,000
- $1.75
-
1512 Terry Lynn Ln Concord, CA 4
- 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1995
LEASED 08/18/20- Rent
- Rent Per SQFT
- $3,100
- $2.06
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5518 Kirkwood Dr Concord, CA 5
- 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976
LEASED 08/27/20- Rent
- Rent Per SQFT
- $3,200
- $2.07
PROPERTY LISTING DETAILS
Assist-2-sell Buyers & Sellers
