Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1942
- Price/Sqft : $477.01
- 5 Days on Market
- MLS # : CC40933708
- Updated Date : 01/15/2021 at 11:12
CONSTRUCTION
- Beds : 2
- Floor Size : 1,109 sqft
- Baths : 1 full
Listing Agent
Coldwell Banker
Listing Agent's Description
Perfect cottage with abundant charm on a large lot in a popular Concord location featuring easy access to BART and Downtown! Remodeled kitchen and Bath and tasteful upgrades throughout! Wood floors, dual pane windows, Air conditioning and OWNED solar have this home READY to enjoy! The garage has been beautifully converted for use as Bedroom, gym or office! the original house is 803 square feet and the garage conversion is approximately 306 square feet. Buyer to verify. NO OPEN HOUSES! Private Showings will begin SATURDAY and SUNDAY Jan 16 and 17, 9:00 a.m - 6:00 p.m. BY APPOINTMENT ONLY!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Baldwin Park
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Baldwin Park
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,350 |
| EXPENSES | Loan Payment | -$1,837 |
| Property Tax | -$587 | |
| Property Insurance | -$54 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$278
|
||
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.
$529,000
PROJECTED PRICE
$2,350
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$145,935
LOAN DETAILS
$1,837
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $132,250 |
| Loan Amount | $396,750 |
4.42
YEARS SAVED
$22,810
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,350
LIST RENT -
$2.12
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
2018 Parkside Dr Concord, CA
- 2 beds 1 baths ∙ 1,109 Sqft ∙ Built 1942 2 beds 1 baths ∙ 1,109 Sqft ∙ Built 1942
![property image]()
- Rent
- Rent Per SQFT
- $2,350
- $2.12
PROPERTY LISTING DETAILS
Coldwell Banker
