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996 Randy Way Brentwood, CA 94513

3 Beds 2 Baths 1,425 sqft Built 1974

$899,000

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1974
  • Price/Sqft : $630.88
  • 5 Days on Market
  • MLS # : EB40933437
  • Updated Date : 01/08/2021 at 21:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,425 sqft
  • Baths : 2 full
Listing Agent

Keller Williams

Listing Agent's Description

Dreaming of Country Living? This Beautiful Custom Ranch Home on the Desirable Randy Way sits on an Acre and is everything you have been waiting for. The owners have spared no details: New Custom Perimeter Gated Fence, 1,260 sq ft Detached 3-Car Garage, New Driveways with Custom Lighting, Newly Plastered Front Yard Walls and Columns, and an Approved 1,200 sq ft ADU Conversion w/Engineering and Plans. The Main Home Features a New Water Heater, Filtration System, Updated Flooring/Bathrooms, Newer Appliances, Interior/Exterior Paint and so much more. Multiple Driveways, Side Access for Livestock, Recreational Vehicle Storage, and Plenty of Room for a House Expansion. ..Simply Brentwood's Country Living at its Finest! Walkable to Top Rated Schools, Gorgeous Parks, and short proximity to Shopping and Historic Downtown Brentwood. Come check out this Exquisite Home before it's gone!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94513

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Zip Code: 94513

ZipNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13953193

* 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
Loma Vista Elementary School Primary Regular 621 23 7
Bristow Middle School Middle Regular 1,122 43 7
Heritage High School High Regular 2,503 100 9

Loma Vista Elementary School

  • Education Level: Primary
  • # of students: 621
  • # of teachers: 23
7
GreatSchools Rating

Bristow Middle School

  • Education Level: Middle
  • # of students: 1,122
  • # of teachers: 43
7
GreatSchools Rating

Heritage High School

  • Education Level: High
  • # of students: 2,503
  • # of teachers: 100
9
GreatSchools Rating
 

$809,100$988,900$899,000

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$3,123
Property Tax -$1,021
Property Insurance -$62
Property Management Fees -$149
CASH FLOW
-$1,554

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.

$899,000

PROJECTED PRICE

$2,800

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$243,985

INVESTMENT

$243,985

Down Payment
$224,750
Rehab Estimate
$5,750
Closing Costs
$13,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,123

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $224,750
Loan Amount $674,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$64

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
  • $2,271

    COMP ESTIMATED VALUE
  • $1.59

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3503$2,3894$2,750
$2,750
RENT COMPS ANALYSIS
  • 996 Randy Way Brentwood, CA 1
    • 3 beds 2 baths ∙ 1,425 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,425 Sqft ∙ Built 1974
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 713 Crossridge Ct Brentwood, CA 2
    • 3 beds 3 baths ∙ 1,455 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,455 Sqft ∙ Built 1994
    property image
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.62
    •  
  • 925 Elk Run Terrace Brentwood, CA 3
    • 3 beds 3 baths ∙ 1,531 Sqft ∙ Built 1989 3 beds 3 baths ∙ 1,531 Sqft ∙ Built 1989
    property image
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,389
    • $1.56
    •  
  • 747 Allbrook Ct Brentwood, CA 4
    • 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1994
    property image
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.60
    •  
PROPERTY LISTING DETAILS
Tracy Nelson
Keller Williams
BESbswy