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PROPERTY INFO
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.
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PRICE & RENT TRENDS
Neighborhood: Summerset Orchards
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Summerset Orchards
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$192,575
LOAN DETAILS
$2,449
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $176,250 |
| Loan Amount | $528,750 |
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
-
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 & Associates
