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6628 Yellowstone Cir Discovery Bay, CA 94505

4 Beds 3 Baths 3,092 sqft Built 2004

$739,000

List Price

$2,760

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $239.00
  • 5 Days on Market
  • MLS # : EB40929726
  • Updated Date : 11/20/2020 at 09:35
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,092 sqft
  • Baths : 3 full
Listing Agent

Merrill Signature Properties

Listing Agent's Description

WOW!! NO NEED TO LOOK ANY FURTHER. This home has it all! New exterior paint and fresh landscaping. The home has a family room with a magnificent wall library, a full size junior suite and a formal dining room. There is a butler pantry leading into the spacious kitchen and living area with a fire place. The kitchen has beautiful granite counter's and a large island. The downstairs master suite boasts a large double sink vanity, stall shower, jetted soaking tub and a big walk in closet. Step outback and find yourself in a tropical oasis landscaped with a variety of beautiful palms, bamboo, and a TIKI HUT with a full amenity outdoor bbq area, stamped concrete and a heated pool with swim jets. Upstairs are two more bedrooms, a full size bathroom and a large loft that can easily be turned in to a 5th bedroom if needed. There is an attached 3 car tandem garage and the final touch, a full solar system. Don't miss out on this one, it won't last long!

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PRICE & RENT TRENDS

Neighborhood: The Lakes

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: The Lakes

ZipNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14643193

* 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
Timber Point Elementary School Primary Regular 531 21 6
Excelsior Middle School Middle Regular 571 24 6
Liberty High School High Magnet 2,520 106 7

Timber Point Elementary School

  • Education Level: Primary
  • # of students: 531
  • # of teachers: 21
6
GreatSchools Rating

Excelsior Middle School

  • Education Level: Middle
  • # of students: 571
  • # of teachers: 24
6
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,520
  • # of teachers: 106
7
GreatSchools Rating
 

$665,100$812,900$739,000

PURCHASE PRICE

$2,484$3,036$2,760

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,760
EXPENSES Loan Payment -$2,727
Property Tax -$864
Property Insurance -$102
HOA -$175
Property Management Fees -$149
CASH FLOW
-$1,256

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.

$739,000

PROJECTED PRICE

$2,760

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.8%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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-$20k-$15k-$10k-$5.0k$0.0$5.0k

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$201,585

INVESTMENT

$201,585

Down Payment
$184,750
Rehab Estimate
$5,750
Closing Costs
$11,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$2,727

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $184,750
Loan Amount $554,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$82

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
  • $2,945

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8503$2,8504$3,0005$3,100
$3,100
RENT COMPS ANALYSIS
  • 6628 Yellowstone Cir Discovery Bay, CA 1
    • 4 beds 3 baths ∙ 3,092 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,092 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3507 Keystone Loop Discovery Bay, CA 2
    • 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2003
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.94
    •  
  • 5666 Arcadia Cir Discovery Bay, CA 3
    • 4 beds 3 baths ∙ 2,959 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,959 Sqft ∙ Built 2004
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.96
    •  
  • 549 Livingston Ct Discovery Bay, CA 4
    • 4 beds 3 baths ∙ 3,127 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,127 Sqft ∙ Built 2005
    LEASED 07/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.96
    •  
  • 5422 Gold Creek Cir Discovery Bay, CA 5
    • 5 beds 3 baths ∙ 3,250 Sqft ∙ Built 2004 5 beds 3 baths ∙ 3,250 Sqft ∙ Built 2004
    LEASED 11/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.95
    •  
PROPERTY LISTING DETAILS
Gregory Benner
Merrill Signature Properties
BESbswy