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1949 Pleasant Hill Rd Pleasant Hill, CA 94523

3 Beds 3 Baths 1,312 sqft Built 1950

$945,000

List Price

$3,220

$3K - $3.5K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1950
  • Price/Sqft : $720.27
  • 3 Days on Market
  • MLS # : CC40934488
  • Updated Date : 01/16/2021 at 09:01
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,312 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Beautifully updated single story home in Pleasant Hill, walkable to restaurants/ shopping and elementary school. Rich wood-look plank flooring in the main living areas, spacious living room with fireplace and dining area. Updated, eat-in kitchen with granite counters, stainless-steel appliances including a gas range. Spacious master bedroom with sitting area, exterior access, and updated ensuite bathroom with large shower and double sinks. The second bedroom also has an ensuite. Also, find a third bedroom and full bathroom with double sinks. Private backyard with room to entertain or play. Close to trails, shopping, schools, and more. Minutes to freeway access and BART.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Hillsdale

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Hillsdale

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
Pleasant Hill Elementary School Primary Regular 702 27 7
Pleasant Hill Middle School Middle Regular 972 39 6
College Park High School High Regular 2,022 81 9

Pleasant Hill Elementary School

  • Education Level: Primary
  • # of students: 702
  • # of teachers: 27
7
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
 

$850,500$1,039,500$945,000

PURCHASE PRICE

$2,898$3,542$3,220

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,220
EXPENSES Loan Payment -$3,282
Property Tax -$987
Property Insurance -$59
Property Management Fees -$158
CASH FLOW
-$1,266

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.

$945,000

PROJECTED PRICE

$3,220

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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$256,175

INVESTMENT

$256,175

Down Payment
$236,250
Rehab Estimate
$5,750
Closing Costs
$14,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,282

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $236,250
Loan Amount $708,750
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$961

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
  • $2,926

    COMP ESTIMATED VALUE
  • $2.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4503$3,750
$3,750
RENT COMPS ANALYSIS
  • 1949 Pleasant Hill Rd Pleasant Hill, CA 1
    • 3 beds 3 baths ∙ 1,312 Sqft ∙ Built 1950 3 beds 3 baths ∙ 1,312 Sqft ∙ Built 1950
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2426 Pleasant Hill Rd 1 Pleasant Hill, CA 2
    • 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1970
    LEASED 12/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $2.15
    •  
  • 132 Calle Nogales Walnut Creek, CA 3
    • 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
Renee White
Keller Williams Realty
BESbswy