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1135 River Rock Ln Danville, CA 94526

3 Beds 3 Baths 1,492 sqft Built 1996

$999,900

List Price

$3,300

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $670.17
  • 3 Days on Market
  • MLS # : CC40934419
  • Updated Date : 01/16/2021 at 18:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,492 sqft
  • Baths : 2 full , 1 half
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

This modern craftsman style home is situated in downtown Danville. Enjoy dining, shopping, Iron Horse Trail and top notch San Ramon Valley schools. Beautifully designed and appointed. This model is approximately 1,492 sqft with three bedrooms and two and one-half baths. Amenities include laminated hardwood floors, vaulted ceilings, a chef's kitchen with gas stove, stainless steel appliances and newly painted white cabinets. The open kitchen/family room is appealing to gather in one room or spill out into the backyard patio for entertaining and enjoyment. The formal dining and living room are light and airy. The spacious primary suite has a custom walk-in closet - to die for! Two additional bedrooms, one featuring a walk-in closet and the other can be used as bedroom or office. The community pool is inviting during the summer months with club house. Low HOA dues under $300 per month. You are going to love it here in Stony Brook!

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PRICE & RENT TRENDS

Neighborhood: Downtown Danville

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1326k

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

Neighborhood: Downtown Danville

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800400042004400Rent in $16714494

* 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
Montair Elementary School Primary Regular 555 25 10
Stone Valley Middle School Middle Regular 583 25 10
San Ramon Valley High School High Regular 2,182 90 10

Montair Elementary School

  • Education Level: Primary
  • # of students: 555
  • # of teachers: 25
10
GreatSchools Rating

Stone Valley Middle School

  • Education Level: Middle
  • # of students: 583
  • # of teachers: 25
10
GreatSchools Rating

San Ramon Valley High School

  • Education Level: High
  • # of students: 2,182
  • # of teachers: 90
10
GreatSchools Rating
 

$899,910$1,099,890$999,900

PURCHASE PRICE

$2,970$3,630$3,300

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,300
EXPENSES Loan Payment -$3,473
Property Tax -$983
Property Insurance -$63
HOA -$275
Property Management Fees -$162
CASH FLOW
-$1,656

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.

$999,900

PROJECTED PRICE

$3,300

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.2%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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$270,724

INVESTMENT

$270,724

Down Payment
$249,975
Rehab Estimate
$5,750
Closing Costs
$14,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,473

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $249,975
Loan Amount $749,925
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$76

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
  • $3,317

    COMP ESTIMATED VALUE
  • $2.22

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,7003$3,8004$4,000
$4,000
RENT COMPS ANALYSIS
  • 1135 River Rock Ln Danville, CA 1
    • 3 beds 3 baths ∙ 1,492 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,492 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 300 Century Cir Danville, CA 2
    • 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,651 Sqft ∙ Built 1976
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $2.24
    •  
  • 128 Elworthy Ranch Dr Danville, CA 3
    • 3 beds 3 baths ∙ 1,804 Sqft ∙ Built 2015 3 beds 3 baths ∙ 1,804 Sqft ∙ Built 2015
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.11
    •  
  • 680 Rock Island Cir Danville, CA 4
    • 4 beds 2 baths ∙ 1,727 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,727 Sqft ∙ Built 1976
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $2.32
    •  
PROPERTY LISTING DETAILS
Suzy Peck
Dudum Real Estate Group
BESbswy