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619 Red Rome Ln. Brentwood, CA 94513

5 Beds 3 Baths 2,678 sqft Built 1997

$828,801

List Price

$3,220

$3K - $3.5K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $309.49
  • 3 Days on Market
  • MLS # : BE40933695
  • Updated Date : 01/09/2021 at 16:36
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,678 sqft
  • Baths : 3 full
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

STUNNING HOME within The Gates Of Apple Hill Estates! Rear Yard with AMAZING VIEWS of Mt. Diablo & The 6th Hole of The Brentwood Golf Course. The Interior Boasts, Light, Open, Exudes Elegance. Great Room Features Wood Burning Fireplace, Featured in Marble Stone Surround, Freshly Painted Interior, Meticulously Updated Cooks Kitchen Includes Breakfast Bar In Granite With Nook, Elegantly Crafted White Cabinetry Compliments The Gorgeous Granite Counter Tops, Stainless Appliances. This Lovely Home Boasts Nearly 2,700 Square Ft Interior, Five Bedrooms, Which Includes A Luxurious Owner's Suite, Updated Bathroom, Guest Mini-Suite and Bathroom on First Floor., Formal Living and Dining Rooms, Gleaming Engineered Wood Floors on Main Level. Includes recently Installed Plush Carpeting Ascends to Upstairs Loft. Rear Yard, Premium Lot, Lush Landscape with Patio, Privacy, No REAR Neighbors And AMAZING MT. DIABLO VIEWS!!! Apple Hill Community Amenities: 24 Hr Security Gate, Seasonal Activities & More!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Apple Hill Estates

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Apple Hill Estates

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21400160018002000220024002600280030003200340036003800Rent in $13953863

* 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
Ron Nunn Elementary School Primary Regular 546 22 7
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Ron Nunn Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 22
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
 

$745,921$911,681$828,801

PURCHASE PRICE

$2,898$3,542$3,220

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,220
EXPENSES Loan Payment -$2,879
Property Tax -$824
Property Insurance -$92
HOA -$237
Property Management Fees -$158
CASH FLOW
-$969

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.

$828,801

PROJECTED PRICE

$3,220

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.6%
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

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$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$225,382

INVESTMENT

$225,382

Down Payment
$207,200
Rehab Estimate
$5,750
Closing Costs
$12,432

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,879

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $207,200
Loan Amount $621,601
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,577

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
  • $3,301

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8503$2,9954$3,1005$3,450
$3,450
RENT COMPS ANALYSIS
  • 619 Red Rome Ln. Brentwood, CA 1
    • 5 beds 3 baths ∙ 2,678 Sqft ∙ Built 1997 5 beds 3 baths ∙ 2,678 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2312 Blue Ridge Ave Brentwood, CA 2
    • 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 2011 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 2011
    LEASED 08/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.22
    •  
  • 844 Stonewood Dr Brentwood, CA 3
    • 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 1995
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $1.19
    •  
  • 676 Ashford Pl Brentwood, CA 4
    • 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2002
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.31
    •  
  • 173 Pescara Blvd Brentwood, CA 5
    • 4 beds 3 baths ∙ 2,860 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,860 Sqft ∙ Built 2007
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $1.21
    •  
PROPERTY LISTING DETAILS
Heidy Hurst
Dudum Real Estate Group
BESbswy