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453 Stephens Dr. Brentwood, CA 94513

2 Beds 3 Baths 2,195 sqft Built 2002

$705,000

List Price

$2,840

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $321.18
  • 7 Days on Market
  • MLS # : CC40932839
  • Updated Date : 01/06/2021 at 11:27
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,195 sqft
  • Baths : 2 full , 1 half
Listing Agent

Larry Daly & Associates

Listing Agent's Description

Beautiful Summerset 4 home. 2 bedrooms, 2.5 baths, 2195 square feet plus large den/office room, 10' ceilings, crown molding, plantation shutters, pull out drawers in kitchen, large kitchen pantry, 2 fireplaces, custom bookcases and entertainment center, beautiful almost new hardwood floors, indoor laundry with cabinets, large master suite, 2nd bedroom has it's own bathroom, large fenced corner lot, 3 car garage, huge loft storage area with fold down stair for access to loft, expanded and covered patio area, remote controlled sun shade, new central air and heat, new $35,000 solar system that almost zeros out PGE electric bill. Gated senior community, single story home no steps. Many HOA amenities, drive your own golf cart to nearby golf course, pool, gym , clubhouse, restaurant, green belt and other amenities. Seed pead to L.A. then call seller to confirm showing time.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Summerset Orchards

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: Summerset Orchards

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13123193

* 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
 

$634,500$775,500$705,000

PURCHASE PRICE

$2,556$3,124$2,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,840
EXPENSES Loan Payment -$2,449
Property Tax -$802
Property Insurance -$80
HOA -$155
Property Management Fees -$149
CASH FLOW
-$794

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.

$705,000

PROJECTED PRICE

$2,840

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$192,575

INVESTMENT

$192,575

Down Payment
$176,250
Rehab Estimate
$5,750
Closing Costs
$10,575

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,449

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $176,250
Loan Amount $528,750
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$3,844

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
  • $2,996

    COMP ESTIMATED VALUE
  • $1.37

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6003$2,950
$2,950
RENT COMPS ANALYSIS
  • 453 Stephens Dr. Brentwood, CA 1
    • 2 beds 3 baths ∙ 2,195 Sqft ∙ Built 2002 2 beds 3 baths ∙ 2,195 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 383 Grenadier Way Brentwood, CA 2
    • 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998
    property image
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.36
    •  
  • 1550 Margil Brentwood, CA 3
    • 2 beds 3 baths ∙ 2,156 Sqft ∙ Built 1998 2 beds 3 baths ∙ 2,156 Sqft ∙ Built 1998
    property image
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.37
    •  
PROPERTY LISTING DETAILS
Larry Daly
Larry Daly & Associates
BESbswy