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701 Ynez Circle Danville, CA 94526

3 Beds 2 Baths 1,598 sqft Built 1977

$1,135,000

List Price

$3,530

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $710.26
  • 3 Days on Market
  • MLS # : CC40934467
  • Updated Date : 01/15/2021 at 16:16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,598 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

This DIABLO WEST SINGLE-STORY, HOME ABSOLUTELY STEALS THE SHOW & IS AN INCREDIBLE DANVILLE VALUE FOR ALL THAT IT HAS TO OFFER! SO CLOSE TO NOSTALGIC DOWNTOWN DANVILLE, this awesome home has it all and so much more. The floor plan includes 3 Bedrooms, 2 Bathrooms & is approx., 1,598 SF. The interior of the home & landscaping look like they belong on the pages of a decor magazine. Wide plank, hardwood flooring, plush carpet, dual pane windows & doors, designer lighting, & a beautiful kitchen with bright white cabinetry, stainless appliances & quartz Counters. Both bathrooms have been updated. Private lot with 2 separate backyards that have been professionally landscaped recently. Amazing location within the Diablo West neighborhood as the home is close proximity to the neighborhood greenbelt & recreational amenities. Conveniently located to award winning schools, shopping & just minutes to the freeway. THIS IS A MUST SEE HOME WITH A DREAM LOCATION AND SUPERB AMENiTIES.

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PRICE & RENT TRENDS

Neighborhood: Sycamore

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1327k

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

Neighborhood: Sycamore

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800400042004400Rent in $16714494

* 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
Vista Grande Elementary School Primary Regular 672 27 8
Los Cerros Middle School Middle Regular 652 25 10
Monte Vista High School High Regular 2,255 97 10

Vista Grande Elementary School

  • Education Level: Primary
  • # of students: 672
  • # of teachers: 27
8
GreatSchools Rating

Los Cerros Middle School

  • Education Level: Middle
  • # of students: 652
  • # of teachers: 25
10
GreatSchools Rating

Monte Vista High School

  • Education Level: High
  • # of students: 2,255
  • # of teachers: 97
10
GreatSchools Rating
 

$1,021,500$1,248,500$1,135,000

PURCHASE PRICE

$3,177$3,883$3,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,530
EXPENSES Loan Payment -$3,942
Property Tax -$1,160
Property Insurance -$66
HOA -$92
Property Management Fees -$173
CASH FLOW
-$1,903

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.

$1,135,000

PROJECTED PRICE

$3,530

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.9%
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

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$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$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$306,525

INVESTMENT

$306,525

Down Payment
$283,750
Rehab Estimate
$5,750
Closing Costs
$17,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,942

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $283,750
Loan Amount $851,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$91

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,530

    LIST RENT
  • $2.21

    LIST RENT PER SQFT
  • $3,596

    COMP ESTIMATED VALUE
  • $2.25

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,5303$3,7004$3,8505$4,000
$4,000
RENT COMPS ANALYSIS
  • 701 Ynez Circle Danville, CA 2
    • 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $3,530
    • $2.21
    •  
  • 629 Garden Creek Pl Danville, CA 1
    • 3 beds 3 baths ∙ 1,357 Sqft ∙ Built 1970 3 beds 3 baths ∙ 1,357 Sqft ∙ Built 1970
    LEASED 10/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.36
    •  
  • 300 Century Cir Danville, CA 3
    • 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $2.24
    •  
  • 15 Portland Court Danville, CA 4
    • 3 beds 2 baths ∙ 1,850 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,850 Sqft ∙ Built 1972
    LEASED 02/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $2.08
    •  
  • 680 Rock Island Cir Danville, CA 5
    • 4 beds 2 baths ∙ 1,727 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,727 Sqft ∙ Built 1976
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $2.32
    •  
PROPERTY LISTING DETAILS
Nina Peles
Compass
BESbswy