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PROPERTY INFO
FACTS
- Single Family
- Built In 1984
- Price/Sqft : $409.84
- 3 Days on Market
- MLS # : CC40934459
- Updated Date : 01/16/2021 at 15:35
CONSTRUCTION
- Beds : 3
- Floor Size : 1,830 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Realty
Listing Agent's Description
A rose lined walkway is leading to the charming entrance of a beautifully updated and extremely well maintained home. Once inside the floor plan is opening up to a gracious dining room, kitchen and living room; truly an entertainers dream! The downstairs is boasting gleaming hardwood floors, an elegantly updated kitchen with gorgeous quartz countertops, commercial stove, LG refrigerator, and a beautiful wide open fireplace in the living room. Upstairs has an extensive master suite with walk-in closet and updated ensuite bath. Additionally, upstairs are two spacious bedrooms and an updated bath. The attached garage is a stunner; featuring two walls of beautiful cabinets and countertops, amazing flooring, a storage loft, and room to park two cars. The front, side, and back yard have been lovingly maintained with mature fruit trees and beds for planting. Don't forget the beautiful deck to entertain guests, and the shed for storage or play. It's a remarkable home! It's a must see.
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PRICE & RENT TRENDS
Zip Code: 94521
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94521
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,050 |
| EXPENSES | Loan Payment | -$2,605 |
| Property Tax | -$832 | |
| Property Insurance | -$71 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$608
|
||
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.
$750,000
PROJECTED PRICE
$3,050
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$204,500
LOAN DETAILS
$2,605
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $187,500 |
| Loan Amount | $562,500 |
2.42
YEARS SAVED
$13,919
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,050
LIST RENT -
$1.67
LIST RENT PER SQFT
-
$3,225
COMP ESTIMATED VALUE -
$1.76
COMP AVG. RENT PER SQFT
Comps Range
-
3939 Joan Ave Concord, CA 3
- 3 beds 3 baths ∙ 1,830 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,830 Sqft ∙ Built 1984
- Rent
- Rent Per SQFT
- $3,050
- $1.67
-
4815 Eagle Way Concord, CA 1
- 3 beds 3 baths ∙ 1,564 Sqft ∙ Built 1977 3 beds 3 baths ∙ 1,564 Sqft ∙ Built 1977
LEASED 08/29/20- Rent
- Rent Per SQFT
- $2,700
- $1.73
-
4430 Eagle Peak Rd Concord, CA 2
- 4 beds 3 baths ∙ 1,496 Sqft ∙ Built 1977 4 beds 3 baths ∙ 1,496 Sqft ∙ Built 1977
LEASED 09/19/20- Rent
- Rent Per SQFT
- $2,800
- $1.87
-
2851 Saint Joseph Dr. Concord, CA 4
- 4 beds 3 baths ∙ 1,800 Sqft ∙ Built 1980 4 beds 3 baths ∙ 1,800 Sqft ∙ Built 1980
LEASED 10/24/19- Rent
- Rent Per SQFT
- $3,195
- $1.78
-
4525 Shellflower Ct Concord, CA 5
- 4 beds 3 baths ∙ 2,030 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,030 Sqft ∙ Built 1981
LEASED 02/03/20- Rent
- Rent Per SQFT
- $3,400
- $1.67
PROPERTY LISTING DETAILS
Keller Williams Realty
