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2651 Ranchwood Drive Brentwood, CA 94513

4 Beds 3 Baths 2,630 sqft Built 2003

$700,000

List Price

$3,000

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $266.16
  • 4 Days on Market
  • MLS # : EB40929088
  • Updated Date : 11/13/2020 at 13:18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,630 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty

Listing Agent's Description

Gorgeous two story home with an in-ground pool; the perfect home for a growing family. Spacious open floor plan with a gourmet kitchen with new stainless steel double ovens/range, maple cabinets, granite tile countertops, white shutters, eat-in area, double sink in island, and island bar seating. Large family room with limestone electric fireplace with mantle, large entertainment center nook, ceiling fan, and views of the yard through the white shutters. Up the grand staircase you meet all of the private living areas. The master bedroom with double door entry, shelfs under the windows and a beautiful view of Mount Diablo plus an upgraded master closet. Master bathroom with quartz countertops, large sunken tub, standing shower, built-in shelfs with hamper, and new tile floors/paint. Additional features include LED fluorescent lighting and laminate floors throughout plus alarm system. Outside is our favorite part with a in-ground pebble tec pool with rock waterfall, solar heated, and Ac

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Deer Ridge Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Deer Ridge Country Club

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21400160018002000220024002600280030003200340036003800Rent in $13953863

* 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
Krey Elementary School Primary Regular 893 34 7
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Krey Elementary School

  • Education Level: Primary
  • # of students: 893
  • # of teachers: 34
7
GreatSchools Rating

Adams Middle School

  • Education Level: Middle
  • # of students: 1,106
  • # of teachers: 40
8
GreatSchools Rating

Heritage High School

  • Education Level: High
  • # of students: 2,503
  • # of teachers: 100
9
GreatSchools Rating
 

$630,000$770,000$700,000

PURCHASE PRICE

$2,700$3,300$3,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,000
EXPENSES Loan Payment -$2,583
Property Tax -$793
Property Insurance -$91
Property Management Fees -$149
CASH FLOW
-$615

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.

$700,000

PROJECTED PRICE

$3,000

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.7%
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

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$191,250

INVESTMENT

$191,250

Down Payment
$175,000
Rehab Estimate
$5,750
Closing Costs
$10,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,583

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $175,000
Loan Amount $525,000
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$14,436

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,000

    LIST RENT
  • $1.14

    LIST RENT PER SQFT
  • $3,222

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$2,7953$2,8004$3,0005$3,100
$3,100
RENT COMPS ANALYSIS
  • 2651 Ranchwood Drive Brentwood, CA 4
    • 4 beds 3 baths ∙ 2,630 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,630 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.14
    •  
  • 1808 Redwine Ter Brentwood, CA 1
    • 3 beds 3 baths ∙ 2,342 Sqft ∙ Built 1996 3 beds 3 baths ∙ 2,342 Sqft ∙ Built 1996
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.17
    •  
  • 2640 Ranchwood Drive Brentwood, CA 2
    • 3 beds 3 baths ∙ 2,307 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,307 Sqft ∙ Built 2003
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.21
    •  
  • 148 Putter Dr. Brentwood, CA 3
    • 4 beds 3 baths ∙ 2,307 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,307 Sqft ∙ Built 1998
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.21
    •  
  • 676 Ashford Pl Brentwood, CA 5
    • 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2002
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.31
    •  
PROPERTY LISTING DETAILS
Krista Mashore
Exp Realty
BESbswy