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PROPERTY INFO
FACTS
- Single Family
- Built In 1997
- Price/Sqft : $337.61
- 3 Days on Market
- MLS # : MR40932317
- Updated Date : 12/19/2020 at 14:44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,481 sqft
- Baths : 2 full
Listing Agent
Corcoran Global Living
Listing Agent's Description
Welcome to 15 Gold Crest Court. This home exudes Pride of Ownership! Located in the quaint cul-de-sac Jubilee development and is in complete move-in condition! This home features 3 bedrooms with 2 full baths inclusive of a nicely appointed master suite. The open floor-plan with its vaulted ceilings allows a ton of natural light throughout the living and dining with wood-burning fireplace and kitchen with island with newer appliances. There is a two-car side by side garage and laundry room with washer & dryer. The outdoor space has been meticulously landscaped and maintained, with a pergola installed over the patio area. Both indoor and outdoor space is perfect for today's modern living and entertaining. This home has fresh interior paint, new water proof laminate flooring, new carpet, new linoleum, staged and ready for your most discerning clients.
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PRICE & RENT TRENDS
Neighborhood: Heights - West Boulevard
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Heights - West Boulevard
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,450 |
| EXPENSES | Loan Payment | -$1,845 |
| Property Tax | -$571 | |
| Property Insurance | -$63 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$178
|
||
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.
$500,000
PROJECTED PRICE
$2,450
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 14.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| 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
$138,250
LOAN DETAILS
$1,845
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $125,000 |
| Loan Amount | $375,000 |
5.58
YEARS SAVED
$36,349
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,450
LIST RENT -
$1.65
LIST RENT PER SQFT
-
$2,066
COMP ESTIMATED VALUE -
$1.4
COMP AVG. RENT PER SQFT
Comps Range
-
15 Gold Crest Court Pittsburg, CA 3
- 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 1997
- Rent
- Rent Per SQFT
- $2,450
- $1.65
-
2206 Westgate Dr Pittsburg, CA 1
- 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
-
347 Jorgensen Dr Pittsburg, CA 2
- 3 beds 3 baths ∙ 1,608 Sqft ∙ Built 1989 3 beds 3 baths ∙ 1,608 Sqft ∙ Built 1989
LEASED 12/11/19- Rent
- Rent Per SQFT
- $2,300
- $1.43
PROPERTY LISTING DETAILS
Corcoran Global Living
