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PROPERTY INFO
FACTS
- Single Family
- Built In 1997
- Price/Sqft : $377.97
- 3 Days on Market
- MLS # : CC40932328
- Updated Date : 12/19/2020 at 16:51
CONSTRUCTION
- Beds : 4
- Floor Size : 2,778 sqft
- Baths : 3 full
Listing Agent
Bhhs Drysdale Properties
Listing Agent's Description
Spacious floor plan w/ dual pane windows & plantation shutters. Inviting living room w/ high ceilings, hardwood flooring & formal dining area. Remodeled gourmet kitchen w/ custom cabinetry, stone countertops, an island, a walk-in pantry, recessed lights, dining area & SS appliances including a Viking gas cooktop & double oven, and a wine cooler. Family room w/ an electric fireplace, hardwood floor & access to the downstairs bedroom, full bath, laundry room & the 3-car garage. Upstairs master suite has a vaulted ceiling, carpet floor, ceiling fan & a large balcony. Stunning master bath w/ a dual vanity, wet bar with a mini frig, sunken tub with a ceiling faucet & views of the valley, a stall shower w/ glass enclosure, recessed lights & a walk-in closet. Upstairs loft space for a potential office. Capturing backyard w/ a covered concrete patio, views of the valley & rolling hills, & mature landscaping. Access to the clubhouse with pool, playground, tennis courts & trails. HOA $85/mo.
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PRICE & RENT TRENDS
Zip Code: 94521
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94521
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,460 |
| EXPENSES | Loan Payment | -$3,874 |
| Property Tax | -$1,033 | |
| Property Insurance | -$94 | |
| HOA | -$85 | |
| Property Management Fees | -$219 | |
|
CASH FLOW
-$844
|
||
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.
$1,050,000
PROJECTED PRICE
$4,460
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$284,000
LOAN DETAILS
$3,874
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $262,500 |
| Loan Amount | $787,500 |
2.92
YEARS SAVED
$28,665
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$4,695
COMP ESTIMATED VALUE -
$1.69
COMP AVG. RENT PER SQFT
Comps Range
-
971 Shadybrook Drive Concord, CA 1
- 4 beds 3 baths ∙ 2,778 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,778 Sqft ∙ Built 1997
- Rent
- Rent Per SQFT
- $0
- $0.00
-
Rock Creek Way Concord, CA 2
- 4 beds 3 baths ∙ 2,891 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,891 Sqft ∙ Built 1986
LEASED 07/16/20- Rent
- Rent Per SQFT
- $4,900
- $1.69
PROPERTY LISTING DETAILS
Bhhs Drysdale Properties
