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343 Brower Ct San Ramon, CA 94582

4 Beds 3 Baths 2,775 sqft Built 2003

INVESTimate

$1,325,000

List Price

$4,040

$3,790 - $4,290

Rent Est.

$1,406,488  ( +6.15%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2003
  • Price/Sqft : $477.48
  • 2 Days on Market
  • MLS # : CC40917256
  • Updated Date : 08/25/2020 at 21:58
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,775 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Amidst the highly desirable Gale Ranch community, this NORTHEAST facing home is equipped with modern and high-end upgrades. From freshly painted walls to the engineered wood floors and new carpet with crown molding, this home is in stunning shape from top to bottom. Every room is brightly lit with LED white lights, recess lights, and ceiling fans to make your home enjoyable year round. You and your family can find yourself in it's beautiful Chef's kitchen, designed with painted cabinets, upgraded appliances, and granite table tops, cooking up in a frenzy! Or you can take it outside to the shaded entertainers background with a cozy feeling day or night. Want a change of scenery? You can head to city center just a few minutes drive away. Have young kids? They can attend Gale Ranch Middle School and Dougherty Valley High School, both apart of award winning school district, in walkable distance. This property is not just a great house, but the perfect home for you and your family!

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PRICE & RENT TRENDS

Neighborhood: Gale Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1238k

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

Neighborhood: Gale Ranch

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000320034003600380040004200Rent in $16714245

* 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
Coyote Creek Elementary School Primary Regular 1,034 42 8
Gale Ranch Middle School Middle Regular 1,107 41 8
Dougherty Valley High School High Unknown 2,645 107 NA

Coyote Creek Elementary School

  • Education Level: Primary
  • # of students: 1,034
  • # of teachers: 42
8
GreatSchools Rating

Gale Ranch Middle School

  • Education Level: Middle
  • # of students: 1,107
  • # of teachers: 41
8
GreatSchools Rating

Dougherty Valley High School

  • Education Level: High
  • # of students: 2,645
  • # of teachers: 107
NA
GreatSchools Rating
 

$1,192,500$1,457,500$1,325,000

PURCHASE PRICE

$3,636$4,444$4,040

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$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,040
EXPENSES Loan Payment -$4,889
Property Tax -$1,516
Property Insurance -$94
HOA -$17
Property Management Fees -$198
CASH FLOW
-$2,674

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.

$1,325,000

PROJECTED PRICE

$4,040

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.15%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$356,875

INVESTMENT

$356,875

Down Payment
$331,250
Rehab Estimate
$5,750
Closing Costs
$19,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$4,889

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $331,250
Loan Amount $993,750
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$34

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
  • $4,010

    COMP ESTIMATED VALUE
  • $1.45

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,9003$3,9954$4,1505$4,500
$4,500
RENT COMPS ANALYSIS
  • 343 Brower Ct San Ramon, 1
    • 5 beds 3 baths ∙ 2,775 Sqft ∙ Built 2003 5 beds 3 baths ∙ 2,775 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 121 Lucy Ln San Ramon, 2
    • 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 2011 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 2011
    LEASED 02/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.28
    •  
  • 1345 Bayberry View Ln San Ramon, 3
    • 4 beds 4 baths ∙ 2,501 Sqft ∙ Built 2015 4 beds 4 baths ∙ 2,501 Sqft ∙ Built 2015
    LEASED 09/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.60
    •  
  • 1899 Hollyview Dr San Ramon, 4
    • 4 beds 4 baths ∙ 3,086 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,086 Sqft ∙ Built 2003
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,150
    • $1.34
    •  
  • 3550 Cinnamon Ridge Road San Ramon, 5
    • 4 beds 5 baths ∙ 2,890 Sqft ∙ Built 2016 4 beds 5 baths ∙ 2,890 Sqft ∙ Built 2016
    LEASED 06/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.56
    •  
PROPERTY LISTING DETAILS
Shikha Kapur
Keller Williams Realty
BESbswy