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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $450.99
- 2 Days on Market
- MLS # : CC40932673
- Updated Date : 12/26/2020 at 11:31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,663 sqft
- Baths : 2 full , 1 half
Listing Agent
Century 21 Mm
Listing Agent's Description
Lovely well maintained home in fabulous location, just steps to Clayton's historic downtown, parks, coffee, and restaurants! Large open living room with wood burning fireplace and vaulted ceilings. Eat-in kitchen with gas stove, newer refrigerator, pantry, and breakfast bar adjoins the living room for easy flow. Half bath and laundry room complete the downstairs. Upstairs are the master bedroom with full bath and walk-in closet, two additional bedrooms, and hall bathroom. Private front courtyard and fully landscaped back yard with no rear neighbors. Property backs to open space and trails!
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PRICE & RENT TRENDS
Neighborhood: Clayton
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Clayton
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,780 |
| EXPENSES | Loan Payment | -$2,767 |
| Property Tax | -$844 | |
| Property Insurance | -$67 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$1,047
|
||
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.
$750,000
PROJECTED PRICE
$2,780
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 5.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| 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
$204,500
LOAN DETAILS
$2,767
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $187,500 |
| Loan Amount | $562,500 |
0.42
YEARS SAVED
$1,224
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
-
$2,790
COMP ESTIMATED VALUE -
$1.68
COMP AVG. RENT PER SQFT
Comps Range
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246 Stranahan Cir Clayton, CA 1
- 3 beds 3 baths ∙ 1,663 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,663 Sqft ∙ Built 1995
- Rent
- Rent Per SQFT
- $0
- $0.00
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1489 Indianhead Circle Clayton, CA 2
- 3 beds 3 baths ∙ 1,355 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,355 Sqft ∙ Built 1995
LEASED 03/26/20- Rent
- Rent Per SQFT
- $1,700
- $1.25
-
5324 Myrtle Dr Concord, CA 3
- 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 4
- 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
-
5490 Silver Sage Court Concord, CA 5
- 4 beds 3 baths ∙ 1,881 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,881 Sqft ∙ Built 1986
LEASED 04/28/20- Rent
- Rent Per SQFT
- $3,450
- $1.83
PROPERTY LISTING DETAILS
Century 21 Mm
