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1706 Gyger Ct Concord, CA 94521

5 Beds 3 Baths 3,544 sqft Built 2014

INVESTimate

$1,000,000

List Price

$3,960

$3,710 - $4,210

Rent Est.

$1,079,800  ( +7.98%)   1 YR EST. FORECAST

PROPERTY INFO

August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 2014
  • Price/Sqft : $282.17
  • 5 Days on Market
  • MLS # : CC40916933
  • Updated Date : 08/24/2020 at 14:09
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,544 sqft
  • Baths : 3 full
Listing Agent

The Village Real Estate Co.

Listing Agent's Description

COME SEE THIS BEAUTIFUL HOME! Located In Concord Features 5 Bedrooms And 3 Bathrooms With 3544 sq/ft And A 3 Car Garage! Walk Through The Light And Bright Entry Which Opens Up To A Living Room. Continue On Through The Open Floor Plan Into The Updated Kitchen Featuring Stainless Steel Appliances, Granite Countertops, Pantry And Plenty Of Cabinet/Counter Space Overlooking The Large Family Room With A Cozy Fireplace Perfect For Family Gatherings. Including An Upstairs Loft, Downstairs Laundry Room, Spacious Bathrooms, Gleaming Hardwood Floors Throughout, High Ceilings, Central Heating, Air Conditioning And Recessed Lighting! The Backyard With Pergola Is The Perfect Setting For Relaxing And Entertaining With Family And Friends!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94521

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1015k

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

Zip Code: 94521

ZipNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
Ayers Elementary School Primary Regular 455 18 5
Pine Hollow Middle School Middle Regular 653 28 5
Clayton Valley Charter High School High Regular NA

Ayers Elementary School

  • Education Level: Primary
  • # of students: 455
  • # of teachers: 18
5
GreatSchools Rating

Pine Hollow Middle School

  • Education Level: Middle
  • # of students: 653
  • # of teachers: 28
5
GreatSchools Rating

Clayton Valley Charter High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$900,000$1,100,000$1,000,000

PURCHASE PRICE

$3,564$4,356$3,960

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-$20k-$10k$0.0$10k$20k

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 $3,960
EXPENSES Loan Payment -$3,690
Property Tax -$1,073
Property Insurance -$113
Property Management Fees -$194
CASH FLOW
-$1,110

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.

$1,000,000

PROJECTED PRICE

$3,960

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.98%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$270,750

INVESTMENT

$270,750

Down Payment
$250,000
Rehab Estimate
$5,750
Closing Costs
$15,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,690

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $250,000
Loan Amount $750,000
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$9,931

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
  • $0

    COMP ESTIMATED VALUE
  • $0

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,600
$2,600
RENT COMPS ANALYSIS
  • 1706 Gyger Ct Concord, 1
    • 5 beds 3 baths ∙ 3,544 Sqft ∙ Built 2014 5 beds 3 baths ∙ 3,544 Sqft ∙ Built 2014
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1054 Rolling Woods Concord, 2
    • 6 beds 4 baths ∙ 3,385 Sqft ∙ Built 1998 6 beds 4 baths ∙ 3,385 Sqft ∙ Built 1998
    property image
    LEASED 05/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.77
    •  
PROPERTY LISTING DETAILS
Thomy Clements
The Village Real Estate Co.
BESbswy