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1753 Mediterraneo Way Brentwood, CA 94513

4 Beds 3 Baths 2,744 sqft Built 2005

$770,000

List Price

$2,780

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $280.61
  • 4 Days on Market
  • MLS # : BE40928670
  • Updated Date : 11/13/2020 at 10:54
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,744 sqft
  • Baths : 3 full
Listing Agent

Compass

Listing Agent's Description

Everything You Can Ask For ** A home for the times! This 2,744 square foot, 4 bedroom plus an office, 3 full bathroom single story home features a master suite along with a separate guest suite, a home office, living room and dining room, family room and kitchen combination sitting on an oversize 9,548sf corner lot . Outside is an oasis with room to relax and spend time with family and friends while social distancing, featuring a swimming pool with waterfall, covered hot tube and covered patio. To top it all off, this corner home includes a separate side yard entrance for RV/boat/toys parking with a curb cut and a storage shed. This is the ultimate home to live in now and to retire in for years to come.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Montelena

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: Montelena

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000320034003600Rent in $13953715

* 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
Pioneer Elementary School Primary Regular 879 34 6
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Pioneer Elementary School

  • Education Level: Primary
  • # of students: 879
  • # of teachers: 34
6
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
 

$693,000$847,000$770,000

PURCHASE PRICE

$2,502$3,058$2,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,780
EXPENSES Loan Payment -$2,841
Property Tax -$765
Property Insurance -$93
Property Management Fees -$149
CASH FLOW
-$1,069

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.

$770,000

PROJECTED PRICE

$2,780

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.3%
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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$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$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$209,800

INVESTMENT

$209,800

Down Payment
$192,500
Rehab Estimate
$5,750
Closing Costs
$11,550

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,841

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $192,500
Loan Amount $577,500
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,672

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,780

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $3,066

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$2,780
1$2,7802$2,7953$2,9954$3,0005$3,300
$3,300
RENT COMPS ANALYSIS
  • 1753 Mediterraneo Way Brentwood, CA 1
    • 4 beds 3 baths ∙ 2,744 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,744 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $2,780
    • $1.01
    •  
  • 1224 Exeter Way Brentwood, CA 2
    • 4 beds 3 baths ∙ 2,712 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,712 Sqft ∙ Built 2000
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.03
    •  
  • 844 Stonewood Dr Brentwood, CA 3
    • 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 1995
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $1.19
    •  
  • 1868 White Sands St Brentwood, CA 4
    • 5 beds 4 baths ∙ 2,900 Sqft ∙ Built 2005 5 beds 4 baths ∙ 2,900 Sqft ∙ Built 2005
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.03
    •  
  • 1130 Jordan Ct Brentwood, CA 5
    • 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2000
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.22
    •  
PROPERTY LISTING DETAILS
Steve Mohseni
Compass
BESbswy