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1726 Farm Bureau Rd Concord, CA 94519

4 Beds 3 Baths 1,952 sqft Built 1935

$734,999

List Price

$2,690

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1935
  • Price/Sqft : $376.54
  • 3 Days on Market
  • MLS # : CC40931902
  • Updated Date : 01/08/2021 at 15:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,952 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Realty

Listing Agent's Description

Welcome to this beautiful single family Home! Perfect for any family, single story, 4 bedroom, 2.5 bath, 1957 sq ft. Lot size over 10,000 sq ft. Beautiful updates around the house with Newly updated landscaping front and back, Roof only a few years old, laminate flooring through main areas of the house, newly installed carpet in the bedrooms, white kitchen cabinets, stainless steal appliances, 2 car garage with long driveway, perfect for multi car parking. Spacious attic for storage. This Home is nestled back off the main road for privacy. Located near shopping, downtown and public transportation.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94519

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Zip Code: 94519

ZipNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Wren Avenue Elementary School Primary Regular 544 20 4
El Dorado Middle School Middle Regular 976 42 2
Concord High School High Regular 1,544 68 6

Wren Avenue Elementary School

  • Education Level: Primary
  • # of students: 544
  • # of teachers: 20
4
GreatSchools Rating

El Dorado Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 42
2
GreatSchools Rating

Concord High School

  • Education Level: High
  • # of students: 1,544
  • # of teachers: 68
6
GreatSchools Rating
 

$661,499$808,499$734,999

PURCHASE PRICE

$2,421$2,959$2,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,690
EXPENSES Loan Payment -$2,553
Property Tax -$816
Property Insurance -$74
Property Management Fees -$149
CASH FLOW
-$902

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.

$734,999

PROJECTED PRICE

$2,690

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.6%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

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-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

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

$2,553

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $183,750
Loan Amount $551,249
See What Happens When You Reinvest Cash Flow

0.75

YEARS SAVED

$2,443

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
  • $2,342

    COMP ESTIMATED VALUE
  • $1.2

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4953$3,0004$3,400
$3,400
RENT COMPS ANALYSIS
  • 1726 Farm Bureau Rd Concord, CA 1
    • 4 beds 3 baths ∙ 1,952 Sqft ∙ Built 1935 4 beds 3 baths ∙ 1,952 Sqft ∙ Built 1935
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2949 Concord Blvd Concord, CA 2
    • 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1940 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1940
    property image
    LEASED 10/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.79
    •  
  • 3301 Concord Blvd Concord, CA 3
    • 3 beds 2 baths ∙ 2,000 Sqft ∙ Built 1931 3 beds 2 baths ∙ 2,000 Sqft ∙ Built 1931
    property image
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.50
    •  
  • 3133 Baker Drive Concord, CA 4
    • 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 1954
    property image
    LEASED 10/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.10
    •  
PROPERTY LISTING DETAILS
Alex Lopez
Keller Williams Realty
BESbswy