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425 Devon Ct San Ramon, CA 94583

4 Beds 2 Baths 1,955 sqft Built 1967

$1,150,000

List Price

$3,680

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1967
  • Price/Sqft : $588.24
  • 2 Days on Market
  • MLS # : CC40932023
  • Updated Date : 12/19/2020 at 12:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,955 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

REMODELED SINGLE STORY LOCATED ON A LARGE PRIVATE CUL-DE -SAC LOT. SHOWS GREAT WITH ALL NEW INTERIOR AND EXTERIOR PAINT,NEW PLANK FLOORING AND UPDATED KITCHEN AND BATHROOMS. WALKING DISTANCE TO K-12 SCHOOLS, PARKS AND SHOPPING.LARGE OPEN GREAT ROOM WITH WOOD BURNING FIREPLACE. LARGE SIDE YARD ACCESS FOR A BOAT OR SMALL RV.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Southern San Ramon

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Southern San Ramon

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714044

* 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
Country Club Elementary School Primary Regular 550 23 9
Pine Valley Middle School Middle Regular 1,006 37 9
California High School High Regular 2,639 107 10

Country Club Elementary School

  • Education Level: Primary
  • # of students: 550
  • # of teachers: 23
9
GreatSchools Rating

Pine Valley Middle School

  • Education Level: Middle
  • # of students: 1,006
  • # of teachers: 37
9
GreatSchools Rating

California High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 107
10
GreatSchools Rating
 

$1,035,000$1,265,000$1,150,000

PURCHASE PRICE

$3,312$4,048$3,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,680
EXPENSES Loan Payment -$4,243
Property Tax -$1,161
Property Insurance -$74
Property Management Fees -$180
CASH FLOW
-$1,978

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.

$1,150,000

PROJECTED PRICE

$3,680

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.2%
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

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$310,500

INVESTMENT

$310,500

Down Payment
$287,500
Rehab Estimate
$5,750
Closing Costs
$17,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$4,243

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $287,500
Loan Amount $862,500
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$127

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
  • $3,861

    COMP ESTIMATED VALUE
  • $1.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,6003$3,7004$3,8005$3,950
$3,950
RENT COMPS ANALYSIS
  • 425 Devon Ct San Ramon, CA 1
    • 4 beds 2 baths ∙ 1,955 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,955 Sqft ∙ Built 1967
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 270 Ludlow Pl San Ramon, CA 2
    • 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 1968
    LEASED 12/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $2.01
    •  
  • 9462 Thunderbird Pl San Ramon, CA 3
    • 4 beds 2 baths ∙ 2,112 Sqft ∙ Built 1977 4 beds 2 baths ∙ 2,112 Sqft ∙ Built 1977
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.75
    •  
  • 9460 Cherry Hills Ln San Ramon, CA 4
    • 4 beds 2 baths ∙ 1,711 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,711 Sqft ∙ Built 1967
    LEASED 09/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.22
    •  
  • 11590 Fenwick Ct Dublin, CA 5
    • 4 beds 3 baths ∙ 2,052 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,052 Sqft ∙ Built 1987
    LEASED 11/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $1.92
    •  
PROPERTY LISTING DETAILS
Stephen King
Compass
BESbswy