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2219 Brunswick St Concord, CA 94520

4 Beds 2 Baths 1,244 sqft Built 1960

$649,000

List Price

$2,830

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $521.70
  • 3 Days on Market
  • MLS # : BE40931767
  • Updated Date : 12/11/2020 at 19:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,244 sqft
  • Baths : 2 full
Listing Agent

Intero Real Estate Services

Listing Agent's Description

This Beautifully modern Concord home is conveniently located near highway 4 and 242 and the 680/880/80 freeways and Port Chicago Highway and BART and Buchanan Field Airport ! Recent remodels include kitchen, living room and both front and backyards and Solar Panels ! and a nice Hot tub in the backyard as well for those cold Northern California Nights.... Short drives to Diablo Creek Golf Course, Solano Drive ins, California Grand Casino, Six Flags Hurricane Harbor and the Sunvalley Shopping Mall and the ALL NEW Luxury Veranda Shopping Center and Mt.Diablo and Downtown Walnut Creek Located in the Mt.Diablo Unified School District. Come see this tastefully remodeled turn key home ! A true gem of the East Bay Area !

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun Terrace

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $203k1018k

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

Neighborhood: Sun Terrace

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Sun Terrace Elementary School Primary Regular 564 22 3
El Dorado Middle School Middle Regular 976 42 2
Mt. Diablo High School High Regular 1,352 77 4

Sun Terrace Elementary School

  • Education Level: Primary
  • # of students: 564
  • # of teachers: 22
3
GreatSchools Rating

El Dorado Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 42
2
GreatSchools Rating

Mt. Diablo High School

  • Education Level: High
  • # of students: 1,352
  • # of teachers: 77
4
GreatSchools Rating
 

$584,100$713,900$649,000

PURCHASE PRICE

$2,547$3,113$2,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,830
EXPENSES Loan Payment -$2,395
Property Tax -$720
Property Insurance -$57
Property Management Fees -$149
CASH FLOW
-$491

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.

$649,000

PROJECTED PRICE

$2,830

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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-$10k-$5.0k$0.0$5.0k$10k$15k$20k

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$177,735

INVESTMENT

$177,735

Down Payment
$162,250
Rehab Estimate
$5,750
Closing Costs
$9,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,395

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,250
Loan Amount $486,750
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$20,420

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
  • $2,513

    COMP ESTIMATED VALUE
  • $2.02

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4003$2,5504$2,8005$3,000
$3,000
RENT COMPS ANALYSIS
  • 2219 Brunswick St Concord, CA 1
    • 4 beds 2 baths ∙ 1,244 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,244 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • Hickory Dr Concord, CA 2
    • 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1947 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1947
    LEASED 12/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $2.00
    •  
  • 3049 Justin Way Concord, CA 3
    • 3 beds 2 baths ∙ 1,161 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,161 Sqft ∙ Built 1954
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $2.20
    •  
  • 2491 Sun View Ter Concord, CA 4
    • 4 beds 2 baths ∙ 1,448 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,448 Sqft ∙ Built 1974
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.93
    •  
  • 3343 Benton St Concord, CA 5
    • 4 beds 2 baths ∙ 1,536 Sqft ∙ Built 1965 4 beds 2 baths ∙ 1,536 Sqft ∙ Built 1965
    LEASED 11/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.95
    •  
PROPERTY LISTING DETAILS
David Duarte
Intero Real Estate Services
BESbswy