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1747 Pheasant Drive Hercules, CA 94547

5 Beds 3 Baths 2,216 sqft Built 1984

$759,000

List Price

$2,890

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 1984
  • Price/Sqft : $342.51
  • 2 Days on Market
  • MLS # : CC40927789
  • Updated Date : 11/02/2020 at 16:21
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,216 sqft
  • Baths : 2 full , 1 half
Listing Agent

Jacklynn Roenspie Real Estate

Listing Agent's Description

THIS HOME IS ALL ABOUT LOCATION with a beautiful view of the Hercules Hills. Located near preschool, grade school, high school and Hwy 4. Plus walking distance to shopping, restaurants, pharmacies, gas stations and the local public swim and tennis clubs. Fire and Police station are 1 block away. Side Yard RV parking. Original owner kept the home in pristine condition. Enjoy the view from your back yard which is a blank slate waiting for your personal touches. New interior paint and carpet and professionally cleaned. Your new home awaits you!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Birds

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1100k

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

Neighborhood: The Birds

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
Ohlone Elementary School Primary Regular 344 14 6
Hercules Middle School Middle Regular 636 28 5
Hercules High School High Regular 935 38 5

Ohlone Elementary School

  • Education Level: Primary
  • # of students: 344
  • # of teachers: 14
6
GreatSchools Rating

Hercules Middle School

  • Education Level: Middle
  • # of students: 636
  • # of teachers: 28
5
GreatSchools Rating

Hercules High School

  • Education Level: High
  • # of students: 935
  • # of teachers: 38
5
GreatSchools Rating
 

$683,100$834,900$759,000

PURCHASE PRICE

$2,601$3,179$2,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,890
EXPENSES Loan Payment -$2,800
Property Tax -$893
Property Insurance -$81
Property Management Fees -$149
CASH FLOW
-$1,033

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.

$759,000

PROJECTED PRICE

$2,890

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.6%
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-$15k-$10k-$5.0k$0.0$5.0k$10k

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$206,885

INVESTMENT

$206,885

Down Payment
$189,750
Rehab Estimate
$5,750
Closing Costs
$11,385

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,800

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $189,750
Loan Amount $569,250
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$1,792

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,890

    LIST RENT
  • $1.3

    LIST RENT PER SQFT
  • $3,080

    COMP ESTIMATED VALUE
  • $1.39

    COMP AVG. RENT PER SQFT
Comps Range
$2,800
1$2,8002$2,8903$3,0004$3,500
$3,500
RENT COMPS ANALYSIS
  • 1747 Pheasant Drive Hercules, CA 2
    • 5 beds 3 baths ∙ 2,216 Sqft ∙ Built 1984 5 beds 3 baths ∙ 2,216 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $2,890
    • $1.30
    •  
  • 2035 Pheasant Dr Hercules, CA 1
    • 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 1981 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 1981
    LEASED 07/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.41
    •  
  • 136 Daisy Ct Hercules, CA 3
    • 4 beds 3 baths ∙ 2,247 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,247 Sqft ∙ Built 1978
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.34
    •  
  • 115 Driftwood Cv Hercules, CA 4
    • 4 beds 3 baths ∙ 2,459 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,459 Sqft ∙ Built 2004
    LEASED 07/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.42
    •  
PROPERTY LISTING DETAILS
Jacklynn Roenspie
Jacklynn Roenspie Real Estate
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