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263 Stranahan Cir Clayton, CA 94517

3 Beds 3 Baths 1,339 sqft Built 1995

$650,000

List Price

$2,330

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

October 31, 2020 RECENTLY ADDED
FACTS
  • Built In 1995
  • Price/Sqft : $485.44
  • 5 Days on Market
  • MLS # : CC40927068
  • Updated Date : 10/31/2020 at 12:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,339 sqft
  • Baths : 2 full , 1 half
Listing Agent

Windermere Diablo Realty

Listing Agent's Description

Contemporary Town and Country lifestyle - Stranahan Cir single family home. Close to downtown Clayton, restaurants, museum, library, city hall, trails, outdoors and highly rated Mt. Diablo Elementary. Home sits on a corner lot that backs up to a small local park. No neighbors behind you. Master bedroom with walk-in closet is on first floor. Backyard access from both living room and master bedroom. Living room has brand new fireplace with remote control. Open floor plan. Two bedrooms, one has walk-in closet, and a full bath are upstairs. Newly painted interior. Kitchen has brand-new sink, faucet and garbage disposal. Whole house is pleasant and filled with natural light. Backyard is shaded by mature trees from the neighboring park. It is so quiet! Everything in the backyard - including patio furniture, BBQ, mature fig, lemon and pomegranate trees - is included in the sale. Garage has workbench and shelving units. Concrete tile roof. Too much to list. It's a lovely home. Make it yours!

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PRICE & RENT TRENDS

Neighborhood: Clayton

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Clayton

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Mt. Diablo Elementary School Primary Regular 814 30 8
Diablo View Middle School Middle Regular 664 27 8
Clayton Valley Charter High School High Regular NA

Mt. Diablo Elementary School

  • Education Level: Primary
  • # of students: 814
  • # of teachers: 30
8
GreatSchools Rating

Diablo View Middle School

  • Education Level: Middle
  • # of students: 664
  • # of teachers: 27
8
GreatSchools Rating

Clayton Valley Charter High School

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

$585,000$715,000$650,000

PURCHASE PRICE

$2,097$2,563$2,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,330
EXPENSES Loan Payment -$2,398
Property Tax -$731
Property Insurance -$59
Property Management Fees -$149
CASH FLOW
-$1,008

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.

$650,000

PROJECTED PRICE

$2,330

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$178,000

INVESTMENT

$178,000

Down Payment
$162,500
Rehab Estimate
$5,750
Closing Costs
$9,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,398

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,500
Loan Amount $487,500
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$373

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
  • $1,781

    COMP ESTIMATED VALUE
  • $1.33

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5503$1,5504$1,7005$3,000
$3,000
RENT COMPS ANALYSIS
  • 263 Stranahan Cir Clayton, CA 1
    • 3 beds 3 baths ∙ 1,339 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,339 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1850 Camino Estrada Concord, CA 2
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
    LEASED 05/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.09
    •  
  • 5333 Park Highlands Blvd 34 Concord, CA 3
    • 3 beds 3 baths ∙ 1,415 Sqft ∙ Built 1980 3 beds 3 baths ∙ 1,415 Sqft ∙ Built 1980
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.10
    •  
  • 1489 Indianhead Circle Clayton, CA 4
    • 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
    •  
  • 4401 Coyote Circle Clayton, CA 5
    • 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
    •  
PROPERTY LISTING DETAILS
Ellen Osmundson
Windermere Diablo Realty
BESbswy