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4574 Wildcat Ln Concord, CA 94521

4 Beds 2 Baths 1,506 sqft Built 1977

$669,000

List Price

$2,750

$2.5K - $3K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $444.22
  • 5 Days on Market
  • MLS # : CC40932600
  • Updated Date : 12/26/2020 at 15:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,506 sqft
  • Baths : 2 full
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

Turtle Creek single family, one story, 4 bed, 2 bath. Almost original home with a few new windows in 2019. NEEDS carpet, countertops, Tub/shower walls, flooring, etc. Owner will clear the 1A and 11D secondary measure, of termite so you can do the cosmetics at your leisure. BUY at a great price, earn sweat equity. Zero lot line on sides. Nice yard space waiting for your touches. Seller reserves right to reject any offer.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Turtle Creek

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1078k

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

Neighborhood: Turtle Creek

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16553863

* 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
Mountain View Elementary School Primary Regular 433 17 4
El Dorado Middle School Middle Regular 976 42 2
Concord High School High Regular 1,544 68 6

Mountain View Elementary School

  • Education Level: Primary
  • # of students: 433
  • # of teachers: 17
4
GreatSchools Rating

El Dorado Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 42
2
GreatSchools Rating

Concord High School

  • Education Level: High
  • # of students: 1,544
  • # of teachers: 68
6
GreatSchools Rating
 

$602,100$735,900$669,000

PURCHASE PRICE

$2,475$3,025$2,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,750
EXPENSES Loan Payment -$2,468
Property Tax -$743
Property Insurance -$64
HOA -$95
Property Management Fees -$149
CASH FLOW
-$768

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.

$669,000

PROJECTED PRICE

$2,750

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.0%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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$183,035

INVESTMENT

$183,035

Down Payment
$167,250
Rehab Estimate
$5,750
Closing Costs
$10,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,468

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $167,250
Loan Amount $501,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$5,309

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,750

    LIST RENT
  • $1.83

    LIST RENT PER SQFT
  • $2,722

    COMP ESTIMATED VALUE
  • $1.81

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,7503$2,8004$2,9505$2,995
$2,995
RENT COMPS ANALYSIS
  • 4574 Wildcat Ln Concord, CA 2
    • 4 beds 2 baths ∙ 1,506 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,506 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.83
    •  
  • 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 3
    • 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 4
    • 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 5
    • 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
Terrylynn Fisher
Dudum Real Estate Group
BESbswy