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2186 Lusitano St Danville, CA 94506

4 Beds 4 Baths 2,761 sqft Built 2007

$1,389,900

List Price

$4,620

$4.4K - $4.9K

Rent Est.

PROPERTY INFO

December 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $503.40
  • 2 Days on Market
  • MLS # : BE40931712
  • Updated Date : 12/19/2020 at 16:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,761 sqft
  • Baths : 3 full , 1 half
Listing Agent

Valley Realty

Listing Agent's Description

Highly desirable Alamo Creek neighborhood. Features 4 bedrooms and 3.5 baths , light and bright floor plan with no neighbors in front. Gourmet kitchen w/large center island and SS Bosch appliances, granite counters. Family room/kitchen combo offers the wonderful great room area. Crown molding, Plantation shutters. Hardwood floors in the lower lever, tile floors in all baths/laundry. Spacious sunlight master suite w/crown molding. walk in closets, double vanities, soaking tub and more. Two bedrooms, one guest suite, master bedroom and laundry upstairs. Professionally designed low maintenance yard with auto irrigation. Walking distance to top rated Creekside Elementary and Diablo Vista Middle School. Close to community pool, clubhouse, Blackhawk Country Club and Mt. Diablo State Park. Just Minutes to Blackhawk Plaza.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Camino Tassajara

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400k1500kPrice in $273k1595k

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

Neighborhood: Camino Tassajara

NeighborhoodNIR Market*CityMarket2010Year20012019 Q22000250030003500400045005000Rent in $16715054

* 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
Creekside Elementary School Primary Regular 745 31 9
Diablo Vista Middle School Middle Regular 941 37 9
Monte Vista High School High Regular 2,255 97 10

Creekside Elementary School

  • Education Level: Primary
  • # of students: 745
  • # of teachers: 31
9
GreatSchools Rating

Diablo Vista Middle School

  • Education Level: Middle
  • # of students: 941
  • # of teachers: 37
9
GreatSchools Rating

Monte Vista High School

  • Education Level: High
  • # of students: 2,255
  • # of teachers: 97
10
GreatSchools Rating
 

$1,250,910$1,528,890$1,389,900

PURCHASE PRICE

$4,158$5,082$4,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,620
EXPENSES Loan Payment -$5,128
Property Tax -$1,449
Property Insurance -$94
HOA -$125
Property Management Fees -$226
CASH FLOW
-$2,403

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.

$1,389,900

PROJECTED PRICE

$4,620

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.5%
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$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0$10k

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$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$374,074

INVESTMENT

$374,074

Down Payment
$347,475
Rehab Estimate
$5,750
Closing Costs
$20,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$5,128

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $347,475
Loan Amount $1,042,425
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$147

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
  • $4,625

    COMP ESTIMATED VALUE
  • $1.68

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,5003$4,6004$4,8505$4,950
$4,950
RENT COMPS ANALYSIS
  • 2186 Lusitano St Danville, CA 1
    • 4 beds 4 baths ∙ 2,761 Sqft ∙ Built 2007 4 beds 4 baths ∙ 2,761 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 824 Griffon Court Danville, CA 2
    • 4 beds 4 baths ∙ 2,761 Sqft ∙ Built 2007 4 beds 4 baths ∙ 2,761 Sqft ∙ Built 2007
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.63
    •  
  • 3048 Griffon St Danville, CA 3
    • 4 beds 4 baths ∙ 2,761 Sqft ∙ Built 2007 4 beds 4 baths ∙ 2,761 Sqft ∙ Built 2007
    LEASED 01/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,600
    • $1.67
    •  
  • 1489 Menton St Danville, CA 4
    • 4 beds 3 baths ∙ 2,863 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,863 Sqft ∙ Built 2006
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,850
    • $1.69
    •  
  • 110 Gerbera St Danville, CA 5
    • 5 beds 3 baths ∙ 2,892 Sqft ∙ Built 1998 5 beds 3 baths ∙ 2,892 Sqft ∙ Built 1998
    LEASED 06/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,950
    • $1.71
    •  
PROPERTY LISTING DETAILS
Min Xu
Valley Realty
BESbswy