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1740 Kent Drive Brentwood, CA 94513

2 Beds 2 Baths 1,022 sqft Built 1998

$400,000

List Price

$1,820

$1.6K - $2K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $391.39
  • 2 Days on Market
  • MLS # : EB40930481
  • Updated Date : 11/28/2020 at 19:03
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,022 sqft
  • Baths : 2 full
Listing Agent

Exp Realty

Listing Agent's Description

Gorgeous home to downsize in the gorgeous gated community of Summerset with no rear neighbors. This dainty home has everything you need with a gourmet kitchen with granite countertops, free-range oven with stovetop, microwave, double sided sink, dishwasher, eat-in area, and breakfast bar paired well with a family room living area with gorgeous dark wood floors that contrast gorgeously against the kitchens counters.Master bedroom with large windows that allow in tons of natural light with a master bathroom with a tall standing shower with gold-colored trim, and a double vanity sink set. The backyard is our favorite part because of the views of the yellow hills and well-landscaped patio. Come give this home a look if you are looking to upgrade, yet downsize!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Summerset

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: Summerset

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13123193

* 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
Krey Elementary School Primary Regular 893 34 7
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Krey Elementary School

  • Education Level: Primary
  • # of students: 893
  • # of teachers: 34
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
 

$360,000$440,000$400,000

PURCHASE PRICE

$1,638$2,002$1,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,820
EXPENSES Loan Payment -$1,476
Property Tax -$398
Property Insurance -$52
HOA -$125
Property Management Fees -$149
CASH FLOW
-$379

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.

$400,000

PROJECTED PRICE

$1,820

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.9%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,750

INVESTMENT

$111,750

Down Payment
$100,000
Rehab Estimate
$5,750
Closing Costs
$6,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,476

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $100,000
Loan Amount $300,000
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$9,965

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
  • $1,732

    COMP ESTIMATED VALUE
  • $1.69

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9253$2,095
$2,095
RENT COMPS ANALYSIS
  • 1740 Kent Drive Brentwood, CA 1
    • 2 beds 1 baths ∙ 1,022 Sqft ∙ Built 1998 2 beds 1 baths ∙ 1,022 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1914 Crispin Dr Brentwood, CA 2
    • 2 beds 2 baths ∙ 1,121 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,121 Sqft ∙ Built 1995
    LEASED 07/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $1.72
    •  
  • 374 St Claire Terrace Brentwood, CA 3
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1990 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1990
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $1.67
    •  
PROPERTY LISTING DETAILS
Krista Mashore
Exp Realty
BESbswy