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1719 Veneto Ln Brentwood, CA 94513

2 Beds 2 Baths 1,946 sqft Built 2015

INVESTimate

$735,000

List Price

$2,870

$2,620 - $3,120

Rent Est.

$797,108  ( +8.45%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2015
  • Price/Sqft : $377.70
  • 2 Days on Market
  • MLS # : CC40917891
  • Updated Date : 08/25/2020 at 08:21
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,946 sqft
  • Baths : 2 full
Listing Agent

J. Rockcliff Realtors Inc.

Listing Agent's Description

55= Resort Living at Trilogy Beautiful Stone Water Feature and Matching Decorator Walls, Overhang with Ceiling Fan & Lights and Stamped Concrete Patio. Extensive Hardwood Floors, Baths with Tile Floors, Wide Open Floorplan with Large Dining and Great Room Area. Kitchen with Granite Counters, Refrigerator, Microwave, Oven, Pantry. Instant Hot Water and Reverse Osmosis Systems. Office with French Doors, Smart Room/Laundry Room with Upper and Lower Cabinets, File Drawer, Desk and Sink. Master Closet with Built-in Organizers. Builder Pre-paid Solar Lease

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Vineyards at Marsh Creek

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1216k

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

Neighborhood: Vineyards at Marsh Creek

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21400160018002000220024002600280030003200340036003800Rent in $13953863

* 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
Ron Nunn Elementary School Primary Regular 546 22 7
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Ron Nunn Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 22
7
GreatSchools Rating

Adams Middle School

  • Education Level: Middle
  • # of students: 1,106
  • # of teachers: 40
8
GreatSchools Rating

Heritage High School

  • Education Level: High
  • # of students: 2,503
  • # of teachers: 100
9
GreatSchools Rating
 

$661,500$808,500$735,000

PURCHASE PRICE

$2,583$3,157$2,870

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,870
EXPENSES Loan Payment -$2,712
Property Tax -$799
Property Insurance -$74
HOA -$346
Property Management Fees -$149
CASH FLOW
-$1,210

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.

$735,000

PROJECTED PRICE

$2,870

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.45%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$200,525

INVESTMENT

$200,525

Down Payment
$183,750
Rehab Estimate
$5,750
Closing Costs
$11,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$2,712

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $183,750
Loan Amount $551,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$97

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,870

    LIST RENT
  • $1.47

    LIST RENT PER SQFT
  • $2,578

    COMP ESTIMATED VALUE
  • $1.33

    COMP AVG. RENT PER SQFT
Comps Range
$2,500
1$2,5002$2,5003$2,6004$2,6005$2,870
$2,870
RENT COMPS ANALYSIS
  • 1719 Veneto Ln Brentwood, 5
    • 2 beds 2 baths ∙ 1,946 Sqft ∙ Built 2015 2 beds 2 baths ∙ 1,946 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $2,870
    • $1.47
    •  
  • 1873 Trenton Pl Brentwood, 1
    • 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 2000 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 2000
    LEASED 05/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.31
    •  
  • 912 Centennial Dr. Brentwood, 2
    • 2 beds 2 baths ∙ 1,945 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,945 Sqft ∙ Built 2003
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.29
    •  
  • 383 Grenadier Way Brentwood, 3
    • 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.36
    •  
  • 61 Gala Ln Brentwood, 4
    • 2 beds 3 baths ∙ 1,940 Sqft ∙ Built 1996 2 beds 3 baths ∙ 1,940 Sqft ∙ Built 1996
    LEASED 03/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.34
    •  
PROPERTY LISTING DETAILS
Carolyn Young
J. Rockcliff Realtors Inc.
BESbswy