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232 Dolcita Ct Danville, CA 94526

4 Beds 3 Baths 2,344 sqft Built 1970

$1,330,000

List Price

$4,500

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $567.41
  • 4 Days on Market
  • MLS # : BE40930969
  • Updated Date : 12/05/2020 at 19:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,344 sqft
  • Baths : 3 full
Listing Agent

Re/max Accord

Listing Agent's Description

Beautiful traditional style single family home located in the thought after Danville South. Court setting, convenient to shopping, restaurants, commutes, schools, and downtown access. Seating on the north and facing on the south, this home always has tons of natural light. The two-story entry with curved staircase. Main floor bedroom and bathroom. Formal open living and dining rooms next to the kitchen. The large glass windows look out to the views and the backyard. Slab stone counters, pantry and casual dining area finishes the kitchen. Laminate floor and beam ceiling family room comes with a central fireplace, wood bookshelf and sliding door to the backyard. The laundry room has a separate door to the backyard. Extra-large two car garage with tandem drive-through. Second floor master suite offers a generous sitting and a dressing area. Fully fenced backyard includes a patio surrounded by rose trees, sweeping lawns, a storage shed, and several delicious fruit trees. Excellent location

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Danville South

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1326k

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

Neighborhood: Danville South

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800400042004400Rent in $16714494

* 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
Greenbrook Elementary School Primary Regular 644 22 9
Charlotte Wood Middle School Middle Regular 1,110 46 9
San Ramon Valley High School High Regular 2,182 90 10

Greenbrook Elementary School

  • Education Level: Primary
  • # of students: 644
  • # of teachers: 22
9
GreatSchools Rating

Charlotte Wood Middle School

  • Education Level: Middle
  • # of students: 1,110
  • # of teachers: 46
9
GreatSchools Rating

San Ramon Valley High School

  • Education Level: High
  • # of students: 2,182
  • # of teachers: 90
10
GreatSchools Rating
 

$1,197,000$1,463,000$1,330,000

PURCHASE PRICE

$4,050$4,950$4,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,500
EXPENSES Loan Payment -$4,907
Property Tax -$1,394
Property Insurance -$84
Property Management Fees -$221
CASH FLOW
-$2,105

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.

$1,330,000

PROJECTED PRICE

$4,500

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.3%
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$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$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$358,200

INVESTMENT

$358,200

Down Payment
$332,500
Rehab Estimate
$5,750
Closing Costs
$19,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,907

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $332,500
Loan Amount $997,500
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$359

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,500

    LIST RENT
  • $1.92

    LIST RENT PER SQFT
  • $4,641

    COMP ESTIMATED VALUE
  • $1.98

    COMP AVG. RENT PER SQFT
Comps Range
$3,850
1$3,8502$4,2003$4,5004$4,9505$5,000
$5,000
RENT COMPS ANALYSIS
  • 232 Dolcita Ct Danville, CA 3
    • 4 beds 3 baths ∙ 2,344 Sqft ∙ Built 1970 4 beds 3 baths ∙ 2,344 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.92
    •  
  • 21 Junewood Ct Danville, CA 1
    • 4 beds 2 baths ∙ 2,002 Sqft ∙ Built 1972 4 beds 2 baths ∙ 2,002 Sqft ∙ Built 1972
    LEASED 05/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $1.92
    •  
  • Cambrian Danville, CA 2
    • 4 beds 3 baths ∙ 2,137 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,137 Sqft ∙ Built 1978
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.97
    •  
  • 427 Como Way Danville, CA 4
    • 5 beds 4 baths ∙ 2,517 Sqft ∙ Built 1976 5 beds 4 baths ∙ 2,517 Sqft ∙ Built 1976
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,950
    • $1.97
    •  
  • 211 Daylight Place Danville, CA 5
    • 4 beds 3 baths ∙ 2,433 Sqft ∙ Built 1973 4 beds 3 baths ∙ 2,433 Sqft ∙ Built 1973
    LEASED 09/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $2.06
    •  
PROPERTY LISTING DETAILS
Jennifer Chen
Re/max Accord
BESbswy