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1878 Camino Estrada Concord, CA 94521

3 Beds 2 Baths 1,547 sqft Built 1977

$660,000

List Price

$3,100

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $426.63
  • 4 Days on Market
  • MLS # : CC40929094
  • Updated Date : 11/13/2020 at 10:49
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,547 sqft
  • Baths : 2 full
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

Single Family Home Upper Kirkwood - Lovely light and bright, one story living areas with RV parking, huge basement storage underneath. Three bedrooms, 2 baths, living and family rooms. Granite counters, dishwasher and electric range, Breakfast room and formal dining room. Master bath with walk in closet, and separate tub shower. Deck off family room overlooking pool. Pool coping cracked and pool report in disclosures. Pool/spa needs work, being sold "as is". Move in and fix over time.

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
Mt. Diablo Elementary School Primary Regular 814 30 8
Diablo View Middle School Middle Regular 664 27 8
Clayton Valley Charter High School High Regular NA

Mt. Diablo Elementary School

  • Education Level: Primary
  • # of students: 814
  • # of teachers: 30
8
GreatSchools Rating

Diablo View Middle School

  • Education Level: Middle
  • # of students: 664
  • # of teachers: 27
8
GreatSchools Rating

Clayton Valley Charter High School

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

$594,000$726,000$660,000

PURCHASE PRICE

$2,790$3,410$3,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,100
EXPENSES Loan Payment -$2,435
Property Tax -$749
Property Insurance -$64
Property Management Fees -$152
CASH FLOW
-$300

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.

$660,000

PROJECTED PRICE

$3,100

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$180,650

INVESTMENT

$180,650

Down Payment
$165,000
Rehab Estimate
$5,750
Closing Costs
$9,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,435

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $165,000
Loan Amount $495,000
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$37,399

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
  • $3,109

    COMP ESTIMATED VALUE
  • $2.01

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8953$3,0004$3,1005$3,200
$3,200
RENT COMPS ANALYSIS
  • 1878 Camino Estrada Concord, CA 1
    • 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5537 Guadalupe Ct. Concord, CA 2
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,895
    • $2.04
    •  
  • 5324 Myrtle Dr Concord, CA 3
    • 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.75
    •  
  • 1826 Camino Estrada Concord, CA 4
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
    LEASED 07/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.18
    •  
  • 5518 Kirkwood Dr Concord, CA 5
    • 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.07
    •  
PROPERTY LISTING DETAILS
Terrylynn Fisher
Dudum Real Estate Group
BESbswy