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PROPERTY INFO
FACTS
- Single Family
- Built In 1985
- Price/Sqft : $385.19
- 5 Days on Market
- MLS # : CC40932162
- Updated Date : 12/17/2020 at 13:03
CONSTRUCTION
- Beds : 3
- Floor Size : 1,350 sqft
- Baths : 2 full
Listing Agent
Y Morgan Realty
Listing Agent's Description
Beautiful one level Seeno Home in the Pittsburg hills . Located near bart , buses and close to hwy4 . This ranch style home was built in 1985 and features vaulted ceilings three bedrooms and two full bathrooms. Formal living room and family room with wood burning fire place with mantle. Kitchen has a breakfast bar . all granite counters updated cabinets . Low maintenance yard , with patio deck and yard area . Side fence access for small car or boat. Double car garage. Nice neighborhood. Long term residence's. .
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PRICE & RENT TRENDS
Zip Code: 94565
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94565
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,170 |
| EXPENSES | Loan Payment | -$1,919 |
| Property Tax | -$594 | |
| Property Insurance | -$60 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$551
|
||
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.
$520,000
PROJECTED PRICE
$2,170
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 11.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$143,550
LOAN DETAILS
$1,919
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $130,000 |
| Loan Amount | $390,000 |
2
YEARS SAVED
$8,125
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,170
LIST RENT -
$1.61
LIST RENT PER SQFT
-
$2,169
COMP ESTIMATED VALUE -
$1.61
COMP AVG. RENT PER SQFT
Comps Range
-
2233 Concord Dr Pittsburg, CA 1
- 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1985
![property image]()
- Rent
- Rent Per SQFT
- $2,170
- $1.61
-
3689 Enea Dr Pittsburg, CA 2
- 3 beds 2 baths ∙ 1,355 Sqft ∙ Built 1968 3 beds 2 baths ∙ 1,355 Sqft ∙ Built 1968
![property image]()
LEASED 07/02/19- Rent
- Rent Per SQFT
- $2,200
- $1.62
-
2220 Golf Club Rd Pittsburg, CA 3
- 3 beds 3 baths ∙ 1,438 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,438 Sqft ∙ Built 1993
![property image]()
LEASED 08/13/20- Rent
- Rent Per SQFT
- $2,300
- $1.60
-
109 Salinas Ct Pittsburg, CA 4
- 3 beds 2 baths ∙ 1,629 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,629 Sqft ∙ Built 2000
![property image]()
LEASED 01/26/20- Rent
- Rent Per SQFT
- $2,600
- $1.60
PROPERTY LISTING DETAILS
Y Morgan Realty
