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205 Normandy 
Walnut Creek, CA
94598
5 Beds 5 Baths 2,791 sqft
Built 1975
INVESTimate
$1,136,600
List Price
$306,949
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PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $407.24
- 2 Days on Market
- MLS # : CC40918122
- Updated Date : 08/25/2020 at 16:59
CONSTRUCTION
- Beds : 5
- Floor Size : 2,791 sqft
- Baths : 3 full , 2 half
Listing Agent
Re/max Accord
Listing Agent's Description
OH WOW! Check this out!! Look at what you get for this price in much desirable city of Walnut Creek! Walk to De La Salle H.S. & Carondelet. Ready to move-in, totally updated but shows traces of being an elderly care home 6 years ago. Current owner lived at this home & also used it as a studio for private lessons in music, acting, voice. Can easily be transformed back to a single family residence using your creative touch. Two Master bedroom Suites , one in In-Law unit with separate entrance & luxurious bath. Separate building Man Cave or Work Shop at back. Fully finished 3-car garage with own Air & Heat. Well water for landscaping PLUS Solar for electricity. Snooze - You Lose!
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PRICE & RENT TRENDS
Neighborhood: Carriage Square
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Carriage Square
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,240 |
| EXPENSES | Loan Payment | -$4,194 |
| Property Tax | -$1,150 | |
| Property Insurance | -$94 | |
| Property Management Fees | -$208 | |
|
CASH FLOW
-$1,406
|
||
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.
$1,136,600
PROJECTED PRICE
$4,240
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 5.91% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$306,949
LOAN DETAILS
$4,194
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $284,150 |
| Loan Amount | $852,450 |
1
YEARS SAVED
$5,506
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
-
$4,205
COMP ESTIMATED VALUE -
$1.51
COMP AVG. RENT PER SQFT
Comps Range
-
205 Normandy Walnut Creek, 1
- 5 beds 5 baths ∙ 2,791 Sqft ∙ Built 1975 5 beds 5 baths ∙ 2,791 Sqft ∙ Built 1975
- Rent
- Rent Per SQFT
- $0
- $0.00
-
744 San Marcos Ct Concord, 2
- 5 beds 4 baths ∙ 2,673 Sqft ∙ Built 1964 5 beds 4 baths ∙ 2,673 Sqft ∙ Built 1964
LEASED 05/09/19- Rent
- Rent Per SQFT
- $3,850
- $1.44
-
3211 Valley Vista Road Walnut Creek, 3
- 4 beds 4 baths ∙ 2,450 Sqft ∙ Built 1977 4 beds 4 baths ∙ 2,450 Sqft ∙ Built 1977
LEASED 03/26/19- Rent
- Rent Per SQFT
- $4,000
- $1.63
-
2085 Walnut Shadows Ct Concord, 4
- 5 beds 3 baths ∙ 3,104 Sqft ∙ Built 1992 5 beds 3 baths ∙ 3,104 Sqft ∙ Built 1992
LEASED 02/12/20- Rent
- Rent Per SQFT
- $4,500
- $1.45
PROPERTY LISTING DETAILS
Re/max Accord
