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PROPERTY INFO
FACTS
- Built In 1960
- Price/Sqft : $535.12
- 5 Days on Market
- MLS # : CC40928046
- Updated Date : 11/04/2020 at 14:22
CONSTRUCTION
- Beds : 3
- Floor Size : 1,267 sqft
- Baths : 2 full
Listing Agent
Exp Realty Of California Inc.
Listing Agent's Description
Single family home located in Clayton Valley Highlands! 3 bedroom 2.5 bath. Walking distance to elementary school, restaurants, banks, supermarkets. Nice and bright open floor plan, drought tolerant landscape and a beautiful tree house.
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PRICE & RENT TRENDS
Neighborhood: Clayton Valley Highlands
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Clayton Valley Highlands
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,530 |
| EXPENSES | Loan Payment | -$2,502 |
| Property Tax | -$728 | |
| Property Insurance | -$58 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$906
|
||
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.
$678,000
PROJECTED PRICE
$2,530
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 9.0% |
| 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
$185,420
LOAN DETAILS
$2,502
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $169,500 |
| Loan Amount | $508,500 |
0.67
YEARS SAVED
$2,513
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,530
LIST RENT -
$2
LIST RENT PER SQFT
-
$2,518
COMP ESTIMATED VALUE -
$1.99
COMP AVG. RENT PER SQFT
Comps Range
-
5530 Alaska Drive Concord, CA 2
- 3 beds 2 baths ∙ 1,267 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,267 Sqft ∙ Built 1960
- Rent
- Rent Per SQFT
- $2,530
- $2.00
-
1085 Kenwal Road Concord, CA 1
- 3 beds 2 baths ∙ 1,227 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,227 Sqft ∙ Built 1963
LEASED 07/31/19- Rent
- Rent Per SQFT
- $2,200
- $1.79
-
1490 Duncan Dr Concord, CA 3
- 3 beds 2 baths ∙ 1,338 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,338 Sqft ∙ Built 1961
LEASED 06/07/20- Rent
- Rent Per SQFT
- $2,600
- $1.94
-
5537 Guadalupe Ct. Concord, CA 4
- 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
LEASED 10/21/20- Rent
- Rent Per SQFT
- $2,895
- $2.04
-
1826 Camino Estrada Concord, CA 5
- 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
LEASED 07/19/20- Rent
- Rent Per SQFT
- $3,100
- $2.18
PROPERTY LISTING DETAILS
Exp Realty Of California Inc.
