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681 Stewart Way Brentwood, CA 94513

2 Beds 3 Baths 1,905 sqft Built 2001

$578,000

List Price

$2,510

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

December 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $303.41
  • 6 Days on Market
  • MLS # : BE40931444
  • Updated Date : 12/09/2020 at 14:17
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,905 sqft
  • Baths : 2 full , 1 half
Listing Agent

Legacy Real Estate & Assoc.

Listing Agent's Description

Beautifully updated home in Summerset IV community. Spacious Kitchen boasts of granite counter tops, tile floors, breakfast nook, dishwasher, microwave, tile floor and gas stove. Includes two-way fireplace in living room & dining area. Ceiling fans in each room. Mirrored closet doors. Central heat and air. Walking distance to Club House, includes fitness center, tennis courts, pool, spa, library, Club House social events, 18 hole golf course and much more. Gated 55+ community. Close to shopping. Don't miss this one!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Summerset Orchards

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: Summerset Orchards

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13123193

* 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
Krey Elementary School Primary Regular 893 34 7
Adams Middle School Middle Regular 1,106 40 8
Heritage High School High Regular 2,503 100 9

Krey Elementary School

  • Education Level: Primary
  • # of students: 893
  • # of teachers: 34
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
 

$520,200$635,800$578,000

PURCHASE PRICE

$2,259$2,761$2,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,510
EXPENSES Loan Payment -$2,133
Property Tax -$575
Property Insurance -$73
HOA -$155
Property Management Fees -$149
CASH FLOW
-$574

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.

$578,000

PROJECTED PRICE

$2,510

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.2%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$158,920

INVESTMENT

$158,920

Down Payment
$144,500
Rehab Estimate
$5,750
Closing Costs
$8,670

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,133

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $144,500
Loan Amount $433,500
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$9,717

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
  • $2,557

    COMP ESTIMATED VALUE
  • $1.34

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0003$2,5004$2,5005$2,600
$2,600
RENT COMPS ANALYSIS
  • 681 Stewart Way Brentwood, CA 1
    • 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 2001 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1431 Bismarck Brentwood, CA 2
    • 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2000 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2000
    LEASED 06/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.28
    •  
  • 912 Centennial Dr. Brentwood, CA 3
    • 2 beds 2 baths ∙ 1,945 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,945 Sqft ∙ Built 2003
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.29
    •  
  • 90 Gala Brentwood, CA 4
    • 2 beds 2 baths ∙ 1,735 Sqft ∙ Built 1996 2 beds 2 baths ∙ 1,735 Sqft ∙ Built 1996
    LEASED 09/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.44
    •  
  • 383 Grenadier Way Brentwood, CA 5
    • 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998 2 beds 3 baths ∙ 1,905 Sqft ∙ Built 1998
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.36
    •  
PROPERTY LISTING DETAILS
Antoinette Becerra
Legacy Real Estate & Assoc.
BESbswy