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PROPERTY INFO
FACTS
- Single Family
- Built In 1954
- Price/Sqft : $480.86
- 7 Days on Market
- MLS # : BE40931210
- Updated Date : 12/07/2020 at 11:12
CONSTRUCTION
- Beds : 4
- Floor Size : 1,495 sqft
- Baths : 2 full
Listing Agent
Excel Realty
Listing Agent's Description
Stunning & move in ready! Come see this beautifully renovated home in Canterbury Village which boasts 4 bedrooms, 2 baths. Main floor has 2 Lovely Bedrooms and spacious spa-like bathroom. Enjoy entertaining on the newly landscaped patio with new lawn, Kitchen has new quartz countertops and new tile backsplash, new range & sink, new windows, recessed ceiling lights, and new paint throughout. Too many upgrades to list! This home has everything. Close to schools, shopping, parks, & trails. Easy access to freeway & BART.
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PRICE & RENT TRENDS
Neighborhood: Canterbury Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Canterbury Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,970 |
| EXPENSES | Loan Payment | -$2,652 |
| Property Tax | -$798 | |
| Property Insurance | -$63 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$693
|
||
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.
$718,888
PROJECTED PRICE
$2,970
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 14.8% |
| 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
$196,255
LOAN DETAILS
$2,652
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $179,722 |
| Loan Amount | $539,166 |
2.17
YEARS SAVED
$12,246
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
-
$2,934
COMP ESTIMATED VALUE -
$1.96
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 05/15/20- Rent
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- $2,450
- $2.11
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4145 Eden Ct Concord, CA 4
- 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 1961 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 1961
LEASED 01/20/20- Rent
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- $3,250
- $1.91
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1407 Babel Ln Concord, CA 5
- 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
PROPERTY LISTING DETAILS
Excel Realty
