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427 Iron Club Dr Brentwood, CA 94513

4 Beds 3 Baths 3,235 sqft Built 2001

$999,999

List Price

$3,200

$3K - $3.5K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 2001
  • Price/Sqft : $309.12
  • 2 Days on Market
  • MLS # : EB40926982
  • Updated Date : 11/02/2020 at 03:06
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,235 sqft
  • Baths : 3 full
Listing Agent

Marples & Associates

Listing Agent's Description

Gorgeous property with views beyond, amazing setting! Beauty awaits as one drives onto the lovely street of Iron Club. Fabulous floor plan & stylish upgrades,large lot & over 3300 sq ft, of living space with 4 bedrooms, 3.5 baths,bonus den, boast ceilings.The grand foyer opens to the formal living room & a elegant dining room. Spacious granite counter top chef kitchen has a center island perfect for entertaining w/ many amenities & an inviting breakfast nook with views to the private rear yard. Large family room with a fireplace, built-in surround sound/media niche. The private master suite is a delightful retreat, walk-in closets & spacious master bath with its on private balcony for cozy sunset evenings. Jr master suite on lower level with full bath, very private. Beautiful curb appeal & architectural detailing, custom moldings, 2 Fireplaces, 4 car garage. Lovely grounds with views that are breathtaking. Come and enjoy the meaning of home sweet home.

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PRICE & RENT TRENDS

Neighborhood: Shadow Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Shadow Lakes

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21400160018002000220024002600280030003200340036003800Rent in $13953863

* 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
Krey Elementary School Primary Regular 893 34 7
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Krey Elementary School

  • Education Level: Primary
  • # of students: 893
  • # of teachers: 34
7
GreatSchools Rating

Adams Middle School

  • Education Level: Middle
  • # of students: 1,106
  • # of teachers: 40
8
GreatSchools Rating

Heritage High School

  • Education Level: High
  • # of students: 2,503
  • # of teachers: 100
9
GreatSchools Rating
 

$899,999$1,099,999$999,999

PURCHASE PRICE

$2,880$3,520$3,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,200
EXPENSES Loan Payment -$3,690
Property Tax -$1,132
Property Insurance -$105
HOA -$42
Property Management Fees -$157
CASH FLOW
-$1,926

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.

$999,999

PROJECTED PRICE

$3,200

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.4%
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

PROJECTED ANNUAL CASH FLOW

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$270,750

INVESTMENT

$270,750

Down Payment
$250,000
Rehab Estimate
$5,750
Closing Costs
$15,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$3,690

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $250,000
Loan Amount $749,999
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$57

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,200

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $3,413

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,2503$3,3004$3,3005$3,400
$3,400
RENT COMPS ANALYSIS
  • 427 Iron Club Dr Brentwood, CA 1
    • 4 beds 3 baths ∙ 3,235 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,235 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $0.99
    •  
  • 885 Inverness Ct Brentwood, CA 2
    • 4 beds 4 baths ∙ 3,069 Sqft ∙ Built 2002 4 beds 4 baths ∙ 3,069 Sqft ∙ Built 2002
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.06
    •  
  • 823 Riviera Ct Brentwood, CA 3
    • 4 beds 4 baths ∙ 3,069 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,069 Sqft ∙ Built 2003
    property image
    LEASED 07/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.08
    •  
  • 278 Pebble Beach Dr Brentwood, CA 4
    • 4 beds 3 baths ∙ 3,135 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,135 Sqft ∙ Built 2003
    property image
    LEASED 10/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.05
    •  
  • 2436 Berkshire Ln Brentwood, CA 5
    • 5 beds 4 baths ∙ 3,288 Sqft ∙ Built 2003 5 beds 4 baths ∙ 3,288 Sqft ∙ Built 2003
    property image
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.03
    •  
PROPERTY LISTING DETAILS
Michelle Stornetta
Marples & Associates
BESbswy