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1576 Silverwood Ct Danville, CA 94526

4 Beds 3 Baths 2,045 sqft Built 1993

INVESTimate

$1,099,000

List Price

$4,090

$3,840 - $4,340

Rent Est.

$1,169,006  ( +6.37%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 1993
  • Price/Sqft : $537.41
  • 3 Days on Market
  • MLS # : CC40917682
  • Updated Date : 08/24/2020 at 15:17
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,045 sqft
  • Baths : 2 full , 1 half
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

One of the Best Priced Detached homes in Danville. Located in the lovely and secluded Silverwood neighborhood, this home is on a quiet tree lined cul de sac with easy access to shopping, restaurants, downtown San Ramon and Danville, parks and borders the Iron Horse Trail.

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PRICE & RENT TRENDS

Neighborhood: Fostoria Way

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $247k1326k

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

Neighborhood: Fostoria Way

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800400042004400Rent in $16714494

* 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
Greenbrook Elementary School Primary Regular 644 22 9
Charlotte Wood Middle School Middle Regular 1,110 46 9
San Ramon Valley High School High Regular 2,182 90 10

Greenbrook Elementary School

  • Education Level: Primary
  • # of students: 644
  • # of teachers: 22
9
GreatSchools Rating

Charlotte Wood Middle School

  • Education Level: Middle
  • # of students: 1,110
  • # of teachers: 46
9
GreatSchools Rating

San Ramon Valley High School

  • Education Level: High
  • # of students: 2,182
  • # of teachers: 90
10
GreatSchools Rating
 

$989,100$1,208,900$1,099,000

PURCHASE PRICE

$3,681$4,499$4,090

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$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,090
EXPENSES Loan Payment -$4,055
Property Tax -$1,152
Property Insurance -$76
HOA -$217
Property Management Fees -$200
CASH FLOW
-$1,610

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.

$1,099,000

PROJECTED PRICE

$4,090

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.37%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$296,985

INVESTMENT

$296,985

Down Payment
$274,750
Rehab Estimate
$5,750
Closing Costs
$16,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$4,055

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $274,750
Loan Amount $824,250
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$812

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,090

    LIST RENT
  • $2

    LIST RENT PER SQFT
  • $4,090

    COMP ESTIMATED VALUE
  • $2

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$3,9503$4,0904$4,1505$4,200
$4,200
RENT COMPS ANALYSIS
  • 1576 Silverwood Ct Danville, 3
    • 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1993
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,090
    • $2.00
    •  
  • 1996 S Forest Hill Place Danville, 1
    • 4 beds 2 baths ∙ 1,745 Sqft ∙ Built 1983 4 beds 2 baths ∙ 1,745 Sqft ∙ Built 1983
    property image
    LEASED 12/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $2.06
    •  
  • 1818 Saint George Rd Danville, 2
    • 4 beds 2 baths ∙ 1,948 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,948 Sqft ∙ Built 1977
    property image
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $2.03
    •  
  • 545 Saint George Rd Danville, 4
    • 4 beds 3 baths ∙ 2,137 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,137 Sqft ∙ Built 1978
    property image
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,150
    • $1.94
    •  
  • Cambrian Danville, 5
    • 4 beds 3 baths ∙ 2,137 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,137 Sqft ∙ Built 1978
    property image
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.97
    •  
PROPERTY LISTING DETAILS
Martin Hendren
Dudum Real Estate Group
BESbswy