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168 Clarie Dr Pleasant Hill, CA 94523

3 Beds 3 Baths 1,501 sqft Built 1950

$869,000

List Price

$3,190

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1950
  • Price/Sqft : $578.95
  • 8 Days on Market
  • MLS # : BE40932459
  • Updated Date : 12/21/2020 at 13:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,501 sqft
  • Baths : 3 full
Listing Agent

Alliance Bay Realty

Listing Agent's Description

Location, Location, Location, Beautiful well-maintained & updated single story house located in the cul-de-sac, whole house redone from bottom to top, new interior and exterior paints, updated kitchen with granite counter top, stainless steel appliance, all three bathroom are newly remodel, hardwood floor, dual pane windows, park like front yard & backyard with new deck, RV/boat parking, extra space on the side possible for ADU unit. Too many to list, come see to believe it!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Fair Oaks

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $235k1015k

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

Neighborhood: Fair Oaks

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
Fair Oaks Elementary School Primary Regular 403 16 3
Pleasant Hill Middle School Middle Regular 972 39 6
Ygnacio Valley High School High Regular 1,134 53 4

Fair Oaks Elementary School

  • Education Level: Primary
  • # of students: 403
  • # of teachers: 16
3
GreatSchools Rating

Pleasant Hill Middle School

  • Education Level: Middle
  • # of students: 972
  • # of teachers: 39
6
GreatSchools Rating

Ygnacio Valley High School

  • Education Level: High
  • # of students: 1,134
  • # of teachers: 53
4
GreatSchools Rating
 

$782,100$955,900$869,000

PURCHASE PRICE

$2,871$3,509$3,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,190
EXPENSES Loan Payment -$3,206
Property Tax -$945
Property Insurance -$63
Property Management Fees -$156
CASH FLOW
-$1,181

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.

$869,000

PROJECTED PRICE

$3,190

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.8%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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-$20k-$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$236,035

INVESTMENT

$236,035

Down Payment
$217,250
Rehab Estimate
$5,750
Closing Costs
$13,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,206

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $217,250
Loan Amount $651,750
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$2,064

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
  • $3,382

    COMP ESTIMATED VALUE
  • $2.25

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8003$3,7004$3,750
$3,750
RENT COMPS ANALYSIS
  • 168 Clarie Dr Pleasant Hill, CA 1
    • 3 beds 3 baths ∙ 1,501 Sqft ∙ Built 1950 3 beds 3 baths ∙ 1,501 Sqft ∙ Built 1950
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1520 Orange Concord, CA 2
    • 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 1950
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.22
    •  
  • 3205 San Gabriel Dr Concord, CA 3
    • 4 beds 3 baths ∙ 1,659 Sqft ∙ Built 1963 4 beds 3 baths ∙ 1,659 Sqft ∙ Built 1963
    LEASED 10/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $2.23
    •  
  • 132 Calle Nogales Walnut Creek, CA 4
    • 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1962
    LEASED 11/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $2.31
    •  
PROPERTY LISTING DETAILS
Tony Li
Alliance Bay Realty
BESbswy