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2182 Bluerock Cir Concord, CA 94521

3 Beds 2 Baths 1,678 sqft Built 1995

$710,000

List Price

$3,050

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $423.12
  • 3 Days on Market
  • MLS # : CC40930930
  • Updated Date : 12/11/2020 at 08:40
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,678 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Popular Canyon Creek neighborhood near Clayton border. Interior has been freshly painted and has beautiful Bamboo floors in the main living areas. High ceilings and attractive windows make this home open and bright. The kitchen has lots of cabinetry, newer flooring, a center island, gas stove and new refrigerator. Dine in the convenient Breakfast nook or entertain in the formal dining area. The family room has a gas fireplace and overlooks the backyard. The master suite is on the upper level with high ceilings, carpeted floors and hillside views. The master bathroom has dual sinks and a recently remodeled shower. Other features include inside laundry rm, central heat & air plus an electric car charger in the 2 car garage. Easy care backyard with new spacious patio perfect for relaxing and enjoying the hillside views. Community tennis court, playground & walking trail too. Seller has completed pest and home inspections for buyers convenience.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94521

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1015k

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

Zip Code: 94521

ZipNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
Ayers Elementary School Primary Regular 455 18 5
Pine Hollow Middle School Middle Regular 653 28 5
Clayton Valley Charter High School High Regular NA

Ayers Elementary School

  • Education Level: Primary
  • # of students: 455
  • # of teachers: 18
5
GreatSchools Rating

Pine Hollow Middle School

  • Education Level: Middle
  • # of students: 653
  • # of teachers: 28
5
GreatSchools Rating

Clayton Valley Charter High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$639,000$781,000$710,000

PURCHASE PRICE

$2,745$3,355$3,050

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,050
EXPENSES Loan Payment -$2,620
Property Tax -$762
Property Insurance -$68
HOA -$209
Property Management Fees -$149
CASH FLOW
-$758

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.

$710,000

PROJECTED PRICE

$3,050

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.0%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$193,900

INVESTMENT

$193,900

Down Payment
$177,500
Rehab Estimate
$5,750
Closing Costs
$10,650

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,620

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $177,500
Loan Amount $532,500
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$7,725

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,050

    LIST RENT
  • $1.82

    LIST RENT PER SQFT
  • $3,306

    COMP ESTIMATED VALUE
  • $1.97

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,0003$3,0504$3,1005$3,200
$3,200
RENT COMPS ANALYSIS
  • 2182 Bluerock Cir Concord, CA 3
    • 3 beds 2 baths ∙ 1,678 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,678 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $3,050
    • $1.82
    •  
  • 5324 Myrtle Dr Concord, CA 1
    • 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.75
    •  
  • 4401 Coyote Circle Clayton, CA 2
    • 3 beds 3 baths ∙ 1,595 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,595 Sqft ∙ Built 1995
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.88
    •  
  • 1826 Camino Estrada Concord, CA 4
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
    LEASED 07/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.18
    •  
  • 5518 Kirkwood Dr Concord, CA 5
    • 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.07
    •  
PROPERTY LISTING DETAILS
Lynda Dimond
Keller Williams Realty
BESbswy