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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $544.99
- 3 Days on Market
- MLS # : CC40934383
- Updated Date : 01/15/2021 at 14:48
CONSTRUCTION
- Beds : 4
- Floor Size : 1,567 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
You will enjoy the flow of this home, and the fantastic light! Vaulted ceilings in front living room flows openly to the formal dining space. The entire home has been freshly painted inside, with new luxury vinyl tile throughout in a neutral grey tone, and fresh carpet in all bedrooms. Updated modern base moulding completes the look. Kitchen/family room combo features large windows and plenty of afternoon sun. Cabinets have been freshly painted, with modern pulls added, granite counters and recessed lighting round out the updated look. Sliding glass door takes you to your backyard oasis featuring deck and patio area with pavers and plenty of space for your outdoor bbq. Nice sized primary bedroom suite includes two large mirrored closets to bring in even more light and an updated ensuite bath. Granite counters and calacatta tile walk in shower make this feel refreshed and spa like! Excellent court location. Enjoy Foothill and Northgate schools.
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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 | $3,080 |
| EXPENSES | Loan Payment | -$2,966 |
| Property Tax | -$948 | |
| Property Insurance | -$65 | |
| HOA | -$103 | |
| Property Management Fees | -$151 | |
|
CASH FLOW
-$1,153
|
||
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.
$854,000
PROJECTED PRICE
$3,080
PROJECTED RENT
0.36%
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
$232,060
LOAN DETAILS
$2,966
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $213,500 |
| Loan Amount | $640,500 |
0.33
YEARS SAVED
$691
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,080
LIST RENT -
$1.97
LIST RENT PER SQFT
-
$2,832
COMP ESTIMATED VALUE -
$1.81
COMP AVG. RENT PER SQFT
Comps Range
-
4490 Deerberry Ct. Concord, CA 5
- 4 beds 2 baths ∙ 1,567 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,567 Sqft ∙ Built 1977
- Rent
- Rent Per SQFT
- $3,080
- $1.97
-
4815 Eagle Way Concord, CA 1
- 3 beds 3 baths ∙ 1,564 Sqft ∙ Built 1977 3 beds 3 baths ∙ 1,564 Sqft ∙ Built 1977
LEASED 08/29/20- Rent
- Rent Per SQFT
- $2,700
- $1.73
-
4430 Eagle Peak Rd Concord, CA 2
- 4 beds 3 baths ∙ 1,496 Sqft ∙ Built 1977 4 beds 3 baths ∙ 1,496 Sqft ∙ Built 1977
LEASED 09/19/20- Rent
- Rent Per SQFT
- $2,800
- $1.87
-
5162 Muirfield Ln Concord, CA 3
- 3 beds 3 baths ∙ 1,636 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,636 Sqft ∙ Built 1990
LEASED 09/12/20- Rent
- Rent Per SQFT
- $2,950
- $1.80
-
1074 Deer Oak Pl Concord, CA 4
- 3 beds 3 baths ∙ 1,636 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,636 Sqft ∙ Built 1990
LEASED 11/21/20- Rent
- Rent Per SQFT
- $2,995
- $1.83
PROPERTY LISTING DETAILS
Keller Williams Realty
