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2670 Twin Creeks Dr San Ramon, CA 94583

4 Beds 3 Baths 1,880 sqft Built 1978

INVESTimate

$899,000

List Price

$3,570

$3,320 - $3,820

Rent Est.

$966,785  ( +7.54%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 1978
  • Price/Sqft : $478.19
  • 3 Days on Market
  • MLS # : CC40917774
  • Updated Date : 08/24/2020 at 07:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,880 sqft
  • Baths : 3 full
Listing Agent

Compass

Listing Agent's Description

Excellent Location in the Heart of Twin Creeks. This lovely home has so much potential for someone with vision and an excellent opportunity to make it your own. Home is cosmetically in original condition. Its East/NE facing and has a larger backyard to the north of the house. This home has solid bones: long wear metal roof, drainage hardscaping. The gutters, water heater, furnace recently serviced and not original. Tri-level footprint with ground-level bed and full bath. Larger lot for possible small ADU/in-law unit. Come view the last weekend of August. Convenient to shopping, Diablo Plaza, City Center, Walking Trails, schools and 680 freeway access.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Twin Creeks

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1159k

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

Neighborhood: Twin Creeks

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714044

* 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
Bollinger Canyon Elementary School Primary Regular 588 25 9
Iron Horse Middle School Middle Regular 1,074 42 9
California High School High Regular 2,639 107 10

Bollinger Canyon Elementary School

  • Education Level: Primary
  • # of students: 588
  • # of teachers: 25
9
GreatSchools Rating

Iron Horse Middle School

  • Education Level: Middle
  • # of students: 1,074
  • # of teachers: 42
9
GreatSchools Rating

California High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 107
10
GreatSchools Rating
 

$809,100$988,900$899,000

PURCHASE PRICE

$3,213$3,927$3,570

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$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$2.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,570
EXPENSES Loan Payment -$3,317
Property Tax -$965
Property Insurance -$73
HOA -$41
Property Management Fees -$175
CASH FLOW
-$1,001

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.

$899,000

PROJECTED PRICE

$3,570

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.54%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$243,985

INVESTMENT

$243,985

Down Payment
$224,750
Rehab Estimate
$5,750
Closing Costs
$13,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,317

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $224,750
Loan Amount $674,250
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$8,049

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,570

    LIST RENT
  • $1.9

    LIST RENT PER SQFT
  • $3,849

    COMP ESTIMATED VALUE
  • $2.05

    COMP AVG. RENT PER SQFT
Comps Range
$3,440
1$3,4402$3,5703$3,6004$3,7455$3,895
$3,895
RENT COMPS ANALYSIS
  • 2670 Twin Creeks Dr San Ramon, 2
    • 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1978 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1978
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,570
    • $1.90
    •  
  • 2988 Sombrero Cir San Ramon, 1
    • 3 beds 2 baths ∙ 1,708 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,708 Sqft ∙ Built 1983
    property image
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,440
    • $2.01
    •  
  • 1996 S Forest Hill Place Danville, 3
    • 4 beds 2 baths ∙ 1,745 Sqft ∙ Built 1983 4 beds 2 baths ∙ 1,745 Sqft ∙ Built 1983
    property image
    LEASED 12/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $2.06
    •  
  • 2631 Durango Ln San Ramon, 4
    • 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1978 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1978
    property image
    LEASED 12/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,745
    • $1.99
    •  
  • Morgan Dr San Ramon, 5
    • 3 beds 2 baths ∙ 1,825 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,825 Sqft ∙ Built 1986
    property image
    LEASED 09/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,895
    • $2.13
    •  
PROPERTY LISTING DETAILS
Akiko Lewis
Compass
BESbswy