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4409 Kearsarge Ct Concord, CA 94518

4 Beds 3 Baths 2,125 sqft Built 1981

$920,000

List Price

$3,680

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $432.94
  • 2 Days on Market
  • MLS # : CC40933717
  • Updated Date : 01/09/2021 at 03:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,125 sqft
  • Baths : 2 full , 1 half
Listing Agent

Creekside Realty

Listing Agent's Description

Homes in this neighborhood rarely come on the market, Wonderful court location. One of a kind home with the desired school districts, The neighborhood is perfect with friendly families. Sprawling yard with plenty of room for any of your gardening activities, Don't miss out on this beautiful 4 bedroom, 2.5 bath + Bonus Room/Office downstairs.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94518

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1026k

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

Zip Code: 94518

ZipNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
Valle Verde Elementary School Primary Regular 482 16 6
Foothill Middle School Middle Regular 1,014 40 9
Northgate High School High Regular 1,671 67 10

Valle Verde Elementary School

  • Education Level: Primary
  • # of students: 482
  • # of teachers: 16
6
GreatSchools Rating

Foothill Middle School

  • Education Level: Middle
  • # of students: 1,014
  • # of teachers: 40
9
GreatSchools Rating

Northgate High School

  • Education Level: High
  • # of students: 1,671
  • # of teachers: 67
10
GreatSchools Rating
 

$828,000$1,012,000$920,000

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 -$3,196
Property Tax -$1,021
Property Insurance -$78
HOA -$191
Property Management Fees -$180
CASH FLOW
-$986

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.

$920,000

PROJECTED PRICE

$3,680

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.2%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$249,550

INVESTMENT

$249,550

Down Payment
$230,000
Rehab Estimate
$5,750
Closing Costs
$13,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,196

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $230,000
Loan Amount $690,000
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$6,323

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
  • $3,740

    COMP ESTIMATED VALUE
  • $1.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3953$3,4004$3,5005$3,995
$3,995
RENT COMPS ANALYSIS
  • 4409 Kearsarge Ct Concord, CA 1
    • 4 beds 3 baths ∙ 2,125 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,125 Sqft ∙ Built 1981
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1007 Wild Oak Ct Concord, CA 2
    • 4 beds 3 baths ∙ 1,892 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,892 Sqft ∙ Built 1989
    property image
    LEASED 01/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,395
    • $1.79
    •  
  • 4525 Shellflower Ct Concord, CA 3
    • 4 beds 3 baths ∙ 2,030 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,030 Sqft ∙ Built 1981
    property image
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.67
    •  
  • 4499 Pitch Pine Ct Concord, CA 4
    • 4 beds 2 baths ∙ 1,917 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,917 Sqft ∙ Built 1977
    property image
    LEASED 08/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.83
    •  
  • 4498 Silverberry Ct Concord, CA 5
    • 4 beds 3 baths ∙ 2,282 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,282 Sqft ∙ Built 1975
    property image
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.75
    •  
PROPERTY LISTING DETAILS
Ray Ayala
Creekside Realty
BESbswy