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772 Allen Ct Brentwood, CA 94513

3 Beds 2 Baths 1,887 sqft Built 1998

$649,000

List Price

$2,570

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $343.93
  • 2 Days on Market
  • MLS # : EB40932391
  • Updated Date : 12/19/2020 at 08:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,887 sqft
  • Baths : 2 full
Listing Agent

Corcoran Global Living

Listing Agent's Description

FULLY REMODELED GARIN RANCH BEAUTY IN BRENTWOOD! This fully updated SINGLE STORY home has so many reasons for you to fall in love. Let's start with GREAT curb appeal, court location and 3 car garage and side yard trailer storage PLUS swimming POOL. As you enter the home you can feel the open floorplan and appreciate the gorgeous floors and light bouncing through the home. The kitchen has brand new stainless appliances, quartz countertops with stylish backsplash and tile floors. You can enjoy a meal in the alcove toward the front of the house OR entertain in the formal dining room. Did we mention that Garin Ranch is close to schools and downtown? Come experience this home, you just may want to thank us.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Garin Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: Garin Ranch

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13533193

* 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
Garin Elementary School Primary Regular 643 24 7
Edna Hill Middle School Middle Regular 898 37 6
Liberty High School High Magnet 2,520 106 7

Garin Elementary School

  • Education Level: Primary
  • # of students: 643
  • # of teachers: 24
7
GreatSchools Rating

Edna Hill Middle School

  • Education Level: Middle
  • # of students: 898
  • # of teachers: 37
6
GreatSchools Rating

Liberty High School

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

$584,100$713,900$649,000

PURCHASE PRICE

$2,313$2,827$2,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,570
EXPENSES Loan Payment -$2,395
Property Tax -$645
Property Insurance -$73
Property Management Fees -$149
CASH FLOW
-$691

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.

$649,000

PROJECTED PRICE

$2,570

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.2%
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$500k$1.0M$1.5M$2.0M

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$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$177,735

INVESTMENT

$177,735

Down Payment
$162,250
Rehab Estimate
$5,750
Closing Costs
$9,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,395

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,250
Loan Amount $486,750
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$8,889

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
  • $2,623

    COMP ESTIMATED VALUE
  • $1.39

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4503$2,4504$2,7955$2,800
$2,800
RENT COMPS ANALYSIS
  • 772 Allen Ct Brentwood, CA 1
    • 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 41 Tradition Way Brentwood, CA 2
    • 4 beds 3 baths ∙ 1,654 Sqft ∙ Built 2000 4 beds 3 baths ∙ 1,654 Sqft ∙ Built 2000
    property image
    LEASED 08/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $1.48
    •  
  • 721 Crocket Dr Brentwood, CA 3
    • 3 beds 3 baths ∙ 1,845 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,845 Sqft ∙ Built 2004
    property image
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $1.33
    •  
  • 534 Jacaranda St Brentwood, CA 4
    • 4 beds 3 baths ∙ 2,109 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,109 Sqft ∙ Built 2002
    property image
    LEASED 09/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.33
    •  
  • 535 Jacaranda St Brentwood, CA 5
    • 4 beds 3 baths ∙ 1,966 Sqft ∙ Built 2002 4 beds 3 baths ∙ 1,966 Sqft ∙ Built 2002
    property image
    LEASED 07/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.42
    •  
PROPERTY LISTING DETAILS
Michael Guzzardo
Corcoran Global Living
BESbswy