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PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $328.14
- 2 Days on Market
- MLS # : CC40932850
- Updated Date : 01/02/2021 at 12:19
CONSTRUCTION
- Beds : 2
- Floor Size : 1,734 sqft
- Baths : 2 full
Listing Agent
Homesmart Bay Area
Listing Agent's Description
FORMER MODEL with golf-course/pond-view home, and steps away from clubhouse/pool/bocce/tennis & Brentwood Golf Club. New carpets, light fixtures & hand-scraped maple wood floors. Custom built office (with permits), upgraded guest bath/master bath, custom cabinetry & crown molding throughout. Kitchen has soft-close maple cabinets, GE Monogram appliances and golf course view from kitchen, family room & master bedrooms. Newer water heater, Aquios salt free water softener & Quiet-Cool whole house fan. Enjoy the pond's wildlife: otters, herons, ducks from your private patio, with fenced yard for Fido/grandkids and a gas hook-up for BBQ. THIS HOME IS A 10! Hurry to make this home yours, and enjoy all Summerset offers.
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PRICE & RENT TRENDS
Neighborhood: Summerset
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Summerset
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,430 |
| EXPENSES | Loan Payment | -$2,099 |
| Property Tax | -$566 | |
| Property Insurance | -$69 | |
| HOA | -$115 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$568
|
||
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.
$569,000
PROJECTED PRICE
$2,430
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 5.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| 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
$156,535
LOAN DETAILS
$2,099
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $142,250 |
| Loan Amount | $426,750 |
2.17
YEARS SAVED
$9,820
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,428
COMP ESTIMATED VALUE -
$1.4
COMP AVG. RENT PER SQFT
Comps Range
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208 Summerset Dr Brentwood, CA 1
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- $0
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155 Apple Hill Dr Brentwood, CA 2
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LEASED 08/02/19- Rent
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- $2,300
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1862 Tangier Ter Brentwood, CA 3
- 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2000 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2000
LEASED 06/22/20- Rent
- Rent Per SQFT
- $2,300
- $1.47
-
90 Gala Brentwood, CA 4
- 2 beds 2 baths ∙ 1,735 Sqft ∙ Built 1996 2 beds 2 baths ∙ 1,735 Sqft ∙ Built 1996
LEASED 09/22/20- Rent
- Rent Per SQFT
- $2,500
- $1.44
-
383 Grenadier Way Brentwood, CA 5
- 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998
LEASED 05/31/20- Rent
- Rent Per SQFT
- $2,600
- $1.36
PROPERTY LISTING DETAILS
Homesmart Bay Area
