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1961 Rancho Verde Cir E Danville, CA 94526

3 Beds 2 Baths 1,650 sqft Built 1976

$995,000

List Price

$3,490

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

November 04, 2020 RECENTLY ADDED
FACTS
  • Built In 1976
  • Price/Sqft : $603.03
  • 5 Days on Market
  • MLS # : CC40928007
  • Updated Date : 11/04/2020 at 10:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,650 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Highly desirable Wimbledon model one-story detached home in sought-after Crow Canyon Country Club. This delightful light-infused and open floor plan 1650� SQ FT home features an open family room with gas log fireplace and adjacent formal dining area, 3 bedrooms and 2 baths, updated kitchen and baths, granite counter-tops and stainless appliances, laminate floors, newer interior paint and composition roof, attached two-car garage and a delightful patio and back yard backing to a peaceful greenbelt. Crow Canyon Country Club offers golf and tennis club memberships, community pool facilities and 24-hour gated security benefits, and is conveniently located close to shops, services and transportation arteries.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Crow Canyon Country Club Estates

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1326k

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

Neighborhood: Crow Canyon Country Club Estates

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800400042004400Rent in $16714494

* 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
Greenbrook Elementary School Primary Regular 644 22 9
Charlotte Wood Middle School Middle Regular 1,110 46 9
San Ramon Valley High School High Regular 2,182 90 10

Greenbrook Elementary School

  • Education Level: Primary
  • # of students: 644
  • # of teachers: 22
9
GreatSchools Rating

Charlotte Wood Middle School

  • Education Level: Middle
  • # of students: 1,110
  • # of teachers: 46
9
GreatSchools Rating

San Ramon Valley High School

  • Education Level: High
  • # of students: 2,182
  • # of teachers: 90
10
GreatSchools Rating
 

$895,500$1,094,500$995,000

PURCHASE PRICE

$3,141$3,839$3,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,490
EXPENSES Loan Payment -$3,671
Property Tax -$1,043
Property Insurance -$67
HOA -$225
Property Management Fees -$171
CASH FLOW
-$1,687

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.

$995,000

PROJECTED PRICE

$3,490

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$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$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$269,425

INVESTMENT

$269,425

Down Payment
$248,750
Rehab Estimate
$5,750
Closing Costs
$14,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,671

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $248,750
Loan Amount $746,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$110

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
  • $3,477

    COMP ESTIMATED VALUE
  • $2.11

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1003$3,3004$3,4005$3,700
$3,700
RENT COMPS ANALYSIS
  • 1961 Rancho Verde Cir E Danville, CA 1
    • 3 beds 2 baths ∙ 1,650 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,650 Sqft ∙ Built 1976
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 200 Powhattan Ct Danville, CA 2
    • 3 beds 2 baths ∙ 1,664 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,664 Sqft ∙ Built 1981
    LEASED 01/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.86
    •  
  • 2185 Myrtle Beach Ln Danville, CA 3
    • 3 beds 2 baths ∙ 1,539 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,539 Sqft ∙ Built 1978
    LEASED 01/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.14
    •  
  • 2181 Myrtle Beach Ln Danville, CA 4
    • 3 beds 2 baths ∙ 1,553 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,553 Sqft ∙ Built 1978
    LEASED 05/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.19
    •  
  • 300 Century Cir Danville, CA 5
    • 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $2.24
    •  
PROPERTY LISTING DETAILS
Gregory Jackson
Compass
BESbswy