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PROPERTY INFO
FACTS
- Single Family
- Built In 1975
- Price/Sqft : $442.64
- 7 Days on Market
- MLS # : CC40930157
- Updated Date : 11/24/2020 at 09:56
CONSTRUCTION
- Beds : 3
- Floor Size : 1,726 sqft
- Baths : 2 full
Listing Agent
J. Rockcliff Realtors Inc.
Listing Agent's Description
Wonderful, OVER 1700 sq. ft, single story home in THE CROSSINGS, located on a quiet court. Great floorplan with high-ceiling living room and formal dining room. Remodeled kitchen with sliding shelves in pantry. Interior just painted! Exterior was painted in 2019. Hardwood laminate floors throughout. Tiled floors in bathrooms. new lighting in kitchen and living room. Enjoy your fenced backyard with deck and patio. Additional upgrades include new garage door w/automatic opener, newer HVAC, shutters, and ceiling fans. The Crossings offers swimming pools, tennis and basketball courts, Clubhouse, playground, park and even a dog park. Top Walnut Creek Schools-FOOTHILL MIDDLE SCHOOL AND NORTHGATE HIGH SCHOOL( buyer to verify).
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PRICE & RENT TRENDS
Neighborhood: Cowell
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Cowell
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,980 |
| EXPENSES | Loan Payment | -$2,819 |
| Property Tax | -$848 | |
| Property Insurance | -$69 | |
| HOA | -$97 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$1,002
|
||
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.
$764,000
PROJECTED PRICE
$2,980
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 6.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| 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
$208,210
LOAN DETAILS
$2,819
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $191,000 |
| Loan Amount | $573,000 |
0.67
YEARS SAVED
$2,105
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,980
LIST RENT -
$1.73
LIST RENT PER SQFT
-
$3,297
COMP ESTIMATED VALUE -
$1.91
COMP AVG. RENT PER SQFT
Comps Range
-
4481 Silverberry Ct Concord, CA 1
- 3 beds 2 baths ∙ 1,726 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,726 Sqft ∙ Built 1975
- Rent
- Rent Per SQFT
- $2,980
- $1.73
-
4145 Eden Ct Concord, CA 2
- 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
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1007 Wild Oak Ct Concord, CA 3
- 4 beds 3 baths ∙ 1,892 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,892 Sqft ∙ Built 1989
LEASED 01/07/20- Rent
- Rent Per SQFT
- $3,395
- $1.79
-
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
LEASED 08/18/20- Rent
- Rent Per SQFT
- $3,500
- $1.83
-
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
J. Rockcliff Realtors Inc.
