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50 Buckingham Dr Moraga, CA 94556

4 Beds 2 Baths 1,980 sqft Built 1973

$1,398,000

List Price

$4,120

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $706.06
  • 4 Days on Market
  • MLS # : CC40933452
  • Updated Date : 01/07/2021 at 17:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,980 sqft
  • Baths : 2 full
Listing Agent

The Agency

Listing Agent's Description

Exquisitely updated inside and out in a prime location on the Lafayette/Moraga border, backing to open space. The perfect blend of comfort and contemporary with high-end finishes; custom soft close cabinets, quartz counters, European wide plank hardwood floors and designer tile, millwork. The open floor plan offers space to gather in the kitchen/great room at the island that overlooks the backyard or in the cozy living room by the fireplace. The bedroom wing has a master with an updated contemporary bath with dual sinks, sleek floor to ceiling tile and multiple shower heads. Three other generously sized bedrooms, a hall bath with dual sinks and subway tile bathtub shower. Great entertaining backyard with stamped concrete, a large lawn area and peacefulness of open space with no neighbors behind. Need to work from home? A recently installed 115 sq. ft detached office sits atop the hill with fabulous views of the surrounding area. Blocks to Campolindo HS, Cabana club and close to Hwy 24.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Countrystone

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1307k

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

Neighborhood: Countrystone

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2200025003000350040004500Rent in $16714886

* 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
Donald L. Rheem Elementary School Primary Regular 410 18 9
Joaquin Moraga Intermediate School Middle Regular 684 36 10
Campolindo High School High Regular 1,253 60 10

Donald L. Rheem Elementary School

  • Education Level: Primary
  • # of students: 410
  • # of teachers: 18
9
GreatSchools Rating

Joaquin Moraga Intermediate School

  • Education Level: Middle
  • # of students: 684
  • # of teachers: 36
10
GreatSchools Rating

Campolindo High School

  • Education Level: High
  • # of students: 1,253
  • # of teachers: 60
10
GreatSchools Rating
 

$1,258,200$1,537,800$1,398,000

PURCHASE PRICE

$3,708$4,532$4,120

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,120
EXPENSES Loan Payment -$4,856
Property Tax -$1,509
Property Insurance -$75
Property Management Fees -$202
CASH FLOW
-$2,522

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.

$1,398,000

PROJECTED PRICE

$4,120

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.6%
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$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$376,220

INVESTMENT

$376,220

Down Payment
$349,500
Rehab Estimate
$5,750
Closing Costs
$20,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$4,856

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $349,500
Loan Amount $1,048,500
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$67

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
  • $4,262

    COMP ESTIMATED VALUE
  • $2.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,9003$4,3504$4,4505$4,500
$4,500
RENT COMPS ANALYSIS
  • 50 Buckingham Dr Moraga, CA 1
    • 4 beds 2 baths ∙ 1,980 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,980 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3 Easton Ct Orinda, CA 2
    • 3 beds 2 baths ∙ 1,917 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,917 Sqft ∙ Built 1956
    LEASED 09/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $2.03
    •  
  • 19 Corliss Dr. Moraga, CA 3
    • 4 beds 3 baths ∙ 2,075 Sqft ∙ Built 1961 4 beds 3 baths ∙ 2,075 Sqft ∙ Built 1961
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,350
    • $2.10
    •  
  • 3359 Sweet Dr Lafayette, CA 4
    • 3 beds 2 baths ∙ 1,769 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,769 Sqft ∙ Built 1955
    LEASED 02/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,450
    • $2.52
    •  
  • 10 Newberry Place Moraga, CA 5
    • 4 beds 2 baths ∙ 2,297 Sqft ∙ Built 1972 4 beds 2 baths ∙ 2,297 Sqft ∙ Built 1972
    LEASED 10/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.96
    •  
PROPERTY LISTING DETAILS
Mark Kennedy
The Agency
BESbswy