Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1943 Alvina Dr Pleasant Hill, CA 94523

5 Beds 4 Baths 2,832 sqft Built 1949

INVESTimate

$1,098,000

List Price

$4,110

$3,860 - $4,360

Rent Est.

$1,196,161  ( +8.94%)   1 YR EST. FORECAST

PROPERTY INFO

August 23, 2020 RECENTLY ADDED
FACTS
  • Built In 1949
  • Price/Sqft : $387.71
  • 5 Days on Market
  • MLS # : CC40917953
  • Updated Date : 08/25/2020 at 09:45
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,832 sqft
  • Baths : 3 full , 1 half
Listing Agent

J. Rockcliff Realtors Inc.

Listing Agent's Description

Stunning 5-bedroom 3.5 bath home with over 2800 square feet of stylishly remodeled living space. Feel a sense of home from the moment you see the welcoming sun-filled living room and gorgeous chef's kitchen with high-end updates including a gas range, stainless appliances, granite counters & breakfast bar. Enjoy entertaining family and friends in the large dining room and adjacent family room with plenty of space for a big screen TV. The versatile floorplan includes 2 ground floor master suites with expansive closets and spa-like bathrooms, and 2 spacious upper level bedrooms with their own private living area and bath, ideal for guests and extended family living. Enjoy your morning coffee in the light, bright sun room overlooking the easy maintenance backyard with a stamped concrete patio and fabulous fruit trees. Owned solar and too many eco-friendly upgrades to list. Close to highly-rated Strandwood Elementary School and easy access to BART, shopping, hiking and the best of the Bay.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Gregory Gardens

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $266k1078k

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

Neighborhood: Gregory Gardens

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Strandwood Elementary School Primary Regular 647 24 8
Pleasant Hill Middle School Middle Regular 972 39 6
College Park High School High Regular 2,022 81 9

Strandwood Elementary School

  • Education Level: Primary
  • # of students: 647
  • # of teachers: 24
8
GreatSchools Rating

Pleasant Hill Middle School

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

College Park High School

  • Education Level: High
  • # of students: 2,022
  • # of teachers: 81
9
GreatSchools Rating
 

$988,200$1,207,800$1,098,000

PURCHASE PRICE

$3,699$4,521$4,110

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,110
EXPENSES Loan Payment -$4,051
Property Tax -$1,182
Property Insurance -$95
Property Management Fees -$201
CASH FLOW
-$1,420

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.

$1,098,000

PROJECTED PRICE

$4,110

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.94%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$296,720

INVESTMENT

$296,720

Down Payment
$274,500
Rehab Estimate
$5,750
Closing Costs
$16,470

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$4,051

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $274,500
Loan Amount $823,500
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$3,555

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
  • $4,984

    COMP ESTIMATED VALUE
  • $1.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,500
$5,500
RENT COMPS ANALYSIS
  • 1943 Alvina Dr Pleasant Hill, 1
    • 5 beds 4 baths ∙ 2,832 Sqft ∙ Built 1949 5 beds 4 baths ∙ 2,832 Sqft ∙ Built 1949
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 70 Sun Valley Dr Walnut Creek, 2
    • 5 beds 3 baths ∙ 3,124 Sqft ∙ Built 1942 5 beds 3 baths ∙ 3,124 Sqft ∙ Built 1942
    LEASED 07/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $1.76
    •  
PROPERTY LISTING DETAILS
Laura Wucher
J. Rockcliff Realtors Inc.
BESbswy