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1030 Santa Lucia Dr Pittsburg, CA 94565

5 Beds 4 Baths 3,394 sqft Built 2004

$749,900

List Price

$3,070

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $220.95
  • 5 Days on Market
  • MLS # : CC40927680
  • Updated Date : 11/11/2020 at 08:03
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,394 sqft
  • Baths : 4 full
Listing Agent

Primelife Realty

Listing Agent's Description

Fantastic location! Beautiful layout and condition; 5 Bed+Den, 4 Baths, almost 3400 Sq Ft. away from the main thorough in the sought after San Marcos community. Great property in move-in condition. This open concept beauty has high ceilings w/lots of natural light, living room w/cozy gas fireplace, spacious gourmet kitchen w/breakfast bar, custom maple cabinetry, stainless steel appliances, dramatic granite counter tops, eat in area, large pantry, hardwood floors, master suite with views includes large bath w/double sinks, walk-in closet, separate tub and shower, three car garage with side yard access, inviting back patio with no rear neighbors and a great view of the Delta, close to freeway, BART, shopping and within walking distance to Delta View Elementary school. Picture yourself living in this wonderful neighborhood with lots of room for the kids to roam, having friends & family get togethers in the large patio. This home is very well priced and simply adorable from top to bottom!

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PRICE & RENT TRENDS

Zip Code: 94565

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $184k1015k

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

Zip Code: 94565

ZipNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12273193

* 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
Delta View Elementary School Primary Regular 654 23 5
Riverview Middle School Middle Regular 735 46 1
Mt. Diablo High School High Regular 1,352 77 4

Delta View Elementary School

  • Education Level: Primary
  • # of students: 654
  • # of teachers: 23
5
GreatSchools Rating

Riverview Middle School

  • Education Level: Middle
  • # of students: 735
  • # of teachers: 46
1
GreatSchools Rating

Mt. Diablo High School

  • Education Level: High
  • # of students: 1,352
  • # of teachers: 77
4
GreatSchools Rating
 

$674,910$824,890$749,900

PURCHASE PRICE

$2,763$3,377$3,070

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,070
EXPENSES Loan Payment -$2,767
Property Tax -$890
Property Insurance -$109
Property Management Fees -$150
CASH FLOW
-$846

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.

$749,900

PROJECTED PRICE

$3,070

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.3%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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

PROJECTED ANNUAL CASH FLOW

11530-$15k-$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$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,474

INVESTMENT

$204,474

Down Payment
$187,475
Rehab Estimate
$5,750
Closing Costs
$11,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,767

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $187,475
Loan Amount $562,425
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$6,713

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
  • $3,886

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,5003$4,000
$4,000
RENT COMPS ANALYSIS
  • 1030 Santa Lucia Dr Pittsburg, CA 1
    • 5 beds 4 baths ∙ 3,394 Sqft ∙ Built 2004 5 beds 4 baths ∙ 3,394 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1173 Brooktrail Dr Pittsburg, CA 2
    • 5 beds 3 baths ∙ 3,275 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,275 Sqft ∙ Built 2003
    property image
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.07
    •  
  • 1162 Oakpoint Dr Pittsburg, CA 3
    • 5 beds 3 baths ∙ 3,275 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,275 Sqft ∙ Built 2002
    property image
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.22
    •  
PROPERTY LISTING DETAILS
Elizabeth Marquez
Primelife Realty
BESbswy