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PROPERTY INFO
FACTS
- Single Family
- Built In 1955
- Price/Sqft : $412.75
- 2 Days on Market
- MLS # : CC40929343
- Updated Date : 11/14/2020 at 21:26
CONSTRUCTION
- Beds : 4
- Floor Size : 1,490 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
This four bedroom home sits on an oversized lot with RV/Boat Parking and backs up to Markham Nature Park! The kitchen has been renovated with fresh paint, white cabinets, granite countertops, stainless steel appliances, and a large farmhouse sink! The kitchen opens up to the dining nook. Sliding glass doors open up to the gorgeous backyard that is full of interesting trees (pistachio tree, pink grapefruit, yucca plants, orange tree, two lemon trees, olive tree, three mature prickly pear cacti) and no neighbors behind you! The lot backs up to the Markham Nature Park. Seventeen acres of beautiful greenery, featuring a rose garden, camelia gardens, and a bee farm. The four spacious bedrooms feature hardwood floors and bright white paint. Great views from each window. Don't miss the "family room" off the garage!
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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 | $2,860 |
| EXPENSES | Loan Payment | -$2,269 |
| Property Tax | -$683 | |
| Property Insurance | -$63 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$304
|
||
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.
$615,000
PROJECTED PRICE
$2,860
PROJECTED RENT
0.47%
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
$168,725
LOAN DETAILS
$2,269
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $153,750 |
| Loan Amount | $461,250 |
4.5
YEARS SAVED
$33,410
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$3,010
COMP ESTIMATED VALUE -
$2.02
COMP AVG. RENT PER SQFT
Comps Range
-
4075 Hamlet Ct Concord, CA 1
- 4 beds 2 baths ∙ 1,490 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,490 Sqft ∙ Built 1955
- Rent
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- $0
- $0.00
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1448 Rosal Ln A Concord, CA 2
- 3 beds 1 baths ∙ 1,163 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,163 Sqft ∙ Built 1950
LEASED 05/15/20- Rent
- Rent Per SQFT
- $2,450
- $2.11
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4145 Eden Ct Concord, CA 3
- 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 1961 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 1961
LEASED 01/20/20- Rent
- Rent Per SQFT
- $3,250
- $1.91
-
1407 Babel Ln Concord, CA 4
- 4 beds 2 baths ∙ 1,716 Sqft ∙ Built 1956 4 beds 2 baths ∙ 1,716 Sqft ∙ Built 1956
LEASED 03/27/20- Rent
- Rent Per SQFT
- $3,350
- $1.95
-
4491 Silverberry Ct Concord, CA 5
- 3 beds 2 baths ∙ 1,726 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,726 Sqft ∙ Built 1975
LEASED 08/30/20- Rent
- Rent Per SQFT
- $3,650
- $2.11
PROPERTY LISTING DETAILS
Keller Williams Realty
