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1354 Alpine Dr Pittsburg, CA 94565

3 Beds 2 Baths 1,422 sqft Built 1972

$459,000

List Price

$2,370

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $322.78
  • 4 Days on Market
  • MLS # : BE40932965
  • Updated Date : 01/02/2021 at 19:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,422 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

First time on market in almost 50 years - Only 1 Owner! Sunny and Bright Single-Story with 3 Bedrooms / 2 Baths. Formal Living Room; Family Room; Eat-In Kitchen - Plenty of Room! Gorgeous Dual Paned Windows. 2 Car Garage. Dreamy Backyard - partially terraced up - great for gardening. Possible SYA. Near schools, parks, shopping, restaurants, transportation and eBART. Look no further - your search is over!!!

SEE MORE

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
Foothill Elementary School Primary Regular 557 26 4
Hillview Junior High School Middle Regular 874 37 3
Pittsburg High School High Regular 3,061 128 4

Foothill Elementary School

  • Education Level: Primary
  • # of students: 557
  • # of teachers: 26
4
GreatSchools Rating

Hillview Junior High School

  • Education Level: Middle
  • # of students: 874
  • # of teachers: 37
3
GreatSchools Rating

Pittsburg High School

  • Education Level: High
  • # of students: 3,061
  • # of teachers: 128
4
GreatSchools Rating
 

$413,100$504,900$459,000

PURCHASE PRICE

$2,133$2,607$2,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,370
EXPENSES Loan Payment -$1,694
Property Tax -$535
Property Insurance -$61
Property Management Fees -$149
CASH FLOW
-$69

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.

$459,000

PROJECTED PRICE

$2,370

PROJECTED RENT

0.52%

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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$127,385

INVESTMENT

$127,385

Down Payment
$114,750
Rehab Estimate
$5,750
Closing Costs
$6,885

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,694

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $114,750
Loan Amount $344,250
See What Happens When You Reinvest Cash Flow

6.92

YEARS SAVED

$44,916

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
  • $2,204

    COMP ESTIMATED VALUE
  • $1.55

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0953$2,100
$2,100
RENT COMPS ANALYSIS
  • 1354 Alpine Dr Pittsburg, CA 1
    • 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4404 Reimche Dr Antioch, CA 2
    • 3 beds 2 baths ∙ 1,290 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,290 Sqft ∙ Built 1965
    LEASED 12/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $1.62
    •  
  • 4337 Palo Verde Dr Pittsburg, CA 3
    • 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1972
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.48
    •  
PROPERTY LISTING DETAILS
Sandra Burt
Coldwell Banker Realty
BESbswy