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3561 Bayberry Dr Walnut Creek, CA 94598

4 Beds 3 Baths 2,422 sqft Built 1967

$1,325,000

List Price

$4,120

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1967
  • Price/Sqft : $547.07
  • 2 Days on Market
  • MLS # : CC40929336
  • Updated Date : 11/14/2020 at 10:19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,422 sqft
  • Baths : 2 full , 1 half
Listing Agent

Better Homes And Gardens Rp

Listing Agent's Description

Gorgeous home in coveted Woodlands area offers a wealth of amenities. Exquisitely appointed architectural design features rich finishes, an expansive open floor plan, a wealth of natural lighting and hardwood flooring. Spacious living room features a fireplace with an open layout to the formal dining room. Enjoy a delightful kitchen with a kitchen breakfast nook, island dining area, granite countertops, gas range, double oven, & new refrigerator. Wonderfully designed family room includes a large slider with views of the yard, wet bar, wood burning fireplace, and built-in bookcases. Amenities include inside laundry room with walk-in pantry, whole house fan, crown molding, dual pane windows, large bedroom closets, and bathrooms with double vanities. Come home to a private retreat setting with views of open space, an expansive covered patio, gazebo, lush and mature landscaping & large side yard. Top rated Northgate schools, walking distance to Valle Verde, hiking trails and shopping.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Woodlands

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1331k

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

Neighborhood: Woodlands

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714076

* 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
Valle Verde Elementary School Primary Regular 482 16 6
Foothill Middle School Middle Regular 1,014 40 9
Northgate High School High Regular 1,671 67 10

Valle Verde Elementary School

  • Education Level: Primary
  • # of students: 482
  • # of teachers: 16
6
GreatSchools Rating

Foothill Middle School

  • Education Level: Middle
  • # of students: 1,014
  • # of teachers: 40
9
GreatSchools Rating

Northgate High School

  • Education Level: High
  • # of students: 1,671
  • # of teachers: 67
10
GreatSchools Rating
 

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

PURCHASE PRICE

$3,708$4,532$4,120

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,120
EXPENSES Loan Payment -$4,889
Property Tax -$1,341
Property Insurance -$86
Property Management Fees -$202
CASH FLOW
-$2,397

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

$4,120

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.3%
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$2.5M$3.0M$3.5M$4.0M

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$4.0M

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 75% 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

0.08

YEARS SAVED

$121

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
  • $4,537

    COMP ESTIMATED VALUE
  • $1.87

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,9953$4,3004$4,500
$4,500
RENT COMPS ANALYSIS
  • 3561 Bayberry Dr Walnut Creek, CA 1
    • 4 beds 3 baths ∙ 2,422 Sqft ∙ Built 1967 4 beds 3 baths ∙ 2,422 Sqft ∙ Built 1967
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4498 Silverberry Ct Concord, CA 2
    • 4 beds 3 baths ∙ 2,282 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,282 Sqft ∙ Built 1975
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.75
    •  
  • 1020 Pontiac Ct Walnut Creek, CA 3
    • 4 beds 3 baths ∙ 2,296 Sqft ∙ Built 1974 4 beds 3 baths ∙ 2,296 Sqft ∙ Built 1974
    LEASED 02/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,300
    • $1.87
    •  
  • 3374 Whitehaven Dr Walnut Creek, CA 4
    • 4 beds 3 baths ∙ 2,254 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,254 Sqft ∙ Built 1978
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $2.00
    •  
PROPERTY LISTING DETAILS
Renee Wagner
Better Homes And Gardens Rp
BESbswy