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2086 Banbury Rd Walnut Creek, CA 94598

4 Beds 3 Baths 2,737 sqft Built 1976

$1,375,000

List Price

$3,910

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $502.37
  • 3 Days on Market
  • MLS # : CC40931747
  • Updated Date : 12/12/2020 at 07:47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,737 sqft
  • Baths : 2 full , 1 half
Listing Agent

Compass

Listing Agent's Description

Lovingly maintained by the original owners, this unique single story home is now on the market for the first time.� A custom Plambeck home in an idyllic neighborhood, it has beautiful curb appeal sitting on a corner lot with a nicely landscaped front yard and two Heritage oak trees.� Upon entering through the elegant front entry doors is an entry foyer leading to a formal living area with a gas log fireplace.� The kitchen includes a breakfast nook and adjoins a large family room, also with a fireplace.� An oversized laundry room can function as an additional office or mudroom.� Both the family room and master bedroom open to the low maintenance back yard, with two decks and trellises.� Dual pane windows have been added throughout the home, along with plantation shutters in many areas, while the interior has been recently painted and has had new carpeting installed.��Other features include a large two car garage with abundant storage possibilities & an attic area for additional storage

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PRICE & RENT TRENDS

Neighborhood: Estate of Walnut Creek

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400k1500kPrice in $273k1526k

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

Neighborhood: Estate of Walnut Creek

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000420044004600Rent in $16714752

* 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
Bancroft Elementary School Primary Regular 525 19 7
Foothill Middle School Middle Regular 1,014 40 9
Northgate High School High Regular 1,671 67 10

Bancroft Elementary School

  • Education Level: Primary
  • # of students: 525
  • # of teachers: 19
7
GreatSchools Rating

Foothill Middle School

  • Education Level: Middle
  • # of students: 1,014
  • # of teachers: 40
9
GreatSchools Rating

Northgate High School

  • Education Level: High
  • # of students: 1,671
  • # of teachers: 67
10
GreatSchools Rating
 

$1,237,500$1,512,500$1,375,000

PURCHASE PRICE

$3,519$4,301$3,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,910
EXPENSES Loan Payment -$5,073
Property Tax -$1,391
Property Insurance -$93
Property Management Fees -$192
CASH FLOW
-$2,839

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.

$1,375,000

PROJECTED PRICE

$3,910

PROJECTED RENT

0.28%

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$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$370,125

INVESTMENT

$370,125

Down Payment
$343,750
Rehab Estimate
$5,750
Closing Costs
$20,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$5,073

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $343,750
Loan Amount $1,031,250
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$17

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
  • $3,321

    COMP ESTIMATED VALUE
  • $1.21

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,5003$2,5004$4,350
$4,350
RENT COMPS ANALYSIS
  • 2086 Banbury Rd Walnut Creek, CA 1
    • 4 beds 3 baths ∙ 2,737 Sqft ∙ Built 1976 4 beds 3 baths ∙ 2,737 Sqft ∙ Built 1976
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • Worth Ct Walnut Creek, CA 2
    • 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 1976 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 1976
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.93
    •  
  • 2065 Walnut Shadows Ct Concord, CA 3
    • 5 beds 3 baths ∙ 2,550 Sqft ∙ Built 1992 5 beds 3 baths ∙ 2,550 Sqft ∙ Built 1992
    property image
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.98
    •  
  • 131 Camrose Pl Walnut Creek, CA 4
    • 4 beds 3 baths ∙ 2,521 Sqft ∙ Built 1982 4 beds 3 baths ∙ 2,521 Sqft ∙ Built 1982
    property image
    LEASED 11/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,350
    • $1.73
    •  
PROPERTY LISTING DETAILS
Ken Broz
Compass
BESbswy