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PROPERTY INFO
FACTS
- Single Family
- Built In 1954
- Price/Sqft : $627.76
- 4 Days on Market
- MLS # : CC40930977
- Updated Date : 12/03/2020 at 17:38
CONSTRUCTION
- Beds : 3
- Floor Size : 1,131 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
This home gasconade signature Eichler features that add interest and space. An open floor plan boasts raised angled ceilings throughout the home with exposed beams. The kitchen is located at the home's center and connects easily with common spaces for continuous flow throughout the house and has plenty of storage. Both gable end walls are topped with glass, connecting the outdoors to the inside while preserving privacy. An addition of the back provides an extra bonus room. The room is light and bright and can be used as office, play room or storage. The backyard is a little paradise itself with a beautiful cement-mosaic table, benches and a gas fire pit to enjoy the evenings. Another enchanting place is the Hammock underneath a beautiful tree. I can see myself hanging in there and reading a book. And not to forget, there's enough space for RV/boat parking. This home is super cute and a must see!
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PRICE & RENT TRENDS
Zip Code: 94523
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94523
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,880 |
| EXPENSES | Loan Payment | -$2,620 |
| Property Tax | -$777 | |
| Property Insurance | -$54 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$720
|
||
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.
$710,000
PROJECTED PRICE
$2,880
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 6.8% |
| 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
$193,900
LOAN DETAILS
$2,620
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $177,500 |
| Loan Amount | $532,500 |
1.92
YEARS SAVED
$10,592
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,880
LIST RENT -
$2.55
LIST RENT PER SQFT
-
$2,480
COMP ESTIMATED VALUE -
$2.19
COMP AVG. RENT PER SQFT
Comps Range
-
1002 Santa Cruz Dr Pleasant Hill, CA 5
- 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1954
![property image]()
- Rent
- Rent Per SQFT
- $2,880
- $2.55
-
979 Argenta Dr Martinez, CA 1
- 3 beds 1 baths ∙ 1,026 Sqft ∙ Built 1960 3 beds 1 baths ∙ 1,026 Sqft ∙ Built 1960
![property image]()
LEASED 03/13/20- Rent
- Rent Per SQFT
- $2,250
- $2.19
-
2426 Pleasant Hill Rd 1 Pleasant Hill, CA 2
- 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1970
![property image]()
LEASED 12/12/19- Rent
- Rent Per SQFT
- $2,450
- $2.15
-
929 Notre Dame Ave Concord, CA 3
- 3 beds 2 baths ∙ 1,247 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,247 Sqft ∙ Built 1957
![property image]()
LEASED 06/13/19- Rent
- Rent Per SQFT
- $2,750
- $2.21
-
1520 Orange Concord, CA 4
- 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 1950
![property image]()
LEASED 06/27/20- Rent
- Rent Per SQFT
- $2,800
- $2.22
PROPERTY LISTING DETAILS
Keller Williams Realty
