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1155 Steven Drive 
Pittsburg, CA
94565
4 Beds 2 Baths 1,968 sqft
Built 1968
INVESTimate
$550,000
List Price
$151,500
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PROPERTY INFO
FACTS
- Built In 1968
- Price/Sqft : $279.47
- 2 Days on Market
- MLS # : EB40918098
- Updated Date : 08/25/2020 at 08:09
CONSTRUCTION
- Beds : 4
- Floor Size : 1,968 sqft
- Baths : 2 full
Listing Agent
Rick Fuller Inc.
Listing Agent's Description
Beautifully updated single story home. Gourmet kitchen with stainless appliances, granite counter tops and updated cabinets.� Wide plank flooring and ceiling fans. Tons of space; formal living room, family room with fireplace and over sized bonus room with slider to back yard.� Spacious master bedroom with refreshed bath. Gorgeous backyard with stamped covered patio, raised flower beds, water fountain, storage shed and RV parking.� Fantastic location; close to restaurants, shopping and schools. Don't miss this one!
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PRICE & RENT TRENDS
Zip Code: 94565
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94565
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,600 |
| EXPENSES | Loan Payment | -$2,029 |
| Property Tax | -$641 | |
| Property Insurance | -$75 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$294
|
||
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.
$550,000
PROJECTED PRICE
$2,600
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 11.28% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$151,500
LOAN DETAILS
$2,029
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $137,500 |
| Loan Amount | $412,500 |
4.42
YEARS SAVED
$28,526
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
-
$2,716
COMP ESTIMATED VALUE -
$1.38
COMP AVG. RENT PER SQFT
Comps Range
-
1155 Steven Drive Pittsburg, 1
- 4 beds 2 baths ∙ 1,968 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,968 Sqft ∙ Built 1968
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2206 Westgate Dr Pittsburg, 2
- 3 beds 3 baths ∙ 1,621 Sqft ∙ Built 1980 3 beds 3 baths ∙ 1,621 Sqft ∙ Built 1980
LEASED 07/09/19- Rent
- Rent Per SQFT
- $2,200
- $1.36
-
23 Barrie Ct Pittsburg, 3
- 4 beds 2 baths ∙ 2,000 Sqft ∙ Built 1961 4 beds 2 baths ∙ 2,000 Sqft ∙ Built 1961
LEASED 10/07/19- Rent
- Rent Per SQFT
- $2,795
- $1.40
PROPERTY LISTING DETAILS
Rick Fuller Inc.
