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306 Pacifica Dr Brentwood, CA 94513

3 Beds 3 Baths 1,774 sqft Built 2014

$540,000

List Price

$2,580

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

November 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $304.40
  • 6 Days on Market
  • MLS # : BE40928730
  • Updated Date : 11/10/2020 at 19:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,774 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group Amr

Listing Agent's Description

Set in the desirable and sought after Palmilla neighborhood. Former model home with all the upgrades, granite counters, laminate flooring, surround sound system, upgraded carpeting on second floor. Two tone paint keeps this home warm and cozy. All stainless steel appliances that includes the refrigerator. Washer and dryer also included. Two car garage has epoxy flooring. Nice patio with gas hookup for barbecue. All bathrooms have tile floors. Beautiful park right across the street. Great schools. Like new condition a must see!!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Palmilla

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $206k1173k

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

Neighborhood: Palmilla

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13953193

* 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
Ron Nunn Elementary School Primary Regular 546 22 7
Bristow Middle School Middle Regular 1,122 43 7
Liberty High School High Magnet 2,520 106 7

Ron Nunn Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 22
7
GreatSchools Rating

Bristow Middle School

  • Education Level: Middle
  • # of students: 1,122
  • # of teachers: 43
7
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,520
  • # of teachers: 106
7
GreatSchools Rating
 

$486,000$594,000$540,000

PURCHASE PRICE

$2,322$2,838$2,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,580
EXPENSES Loan Payment -$1,992
Property Tax -$613
Property Insurance -$70
HOA -$98
Property Management Fees -$149
CASH FLOW
-$343

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.

$540,000

PROJECTED PRICE

$2,580

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$148,850

INVESTMENT

$148,850

Down Payment
$135,000
Rehab Estimate
$5,750
Closing Costs
$8,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,992

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $135,000
Loan Amount $405,000
See What Happens When You Reinvest Cash Flow

3.75

YEARS SAVED

$22,701

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,580

    LIST RENT
  • $1.45

    LIST RENT PER SQFT
  • $2,612

    COMP ESTIMATED VALUE
  • $1.47

    COMP AVG. RENT PER SQFT
Comps Range
$2,400
1$2,4002$2,4953$2,5804$2,7505$2,800
$2,800
RENT COMPS ANALYSIS
  • 306 Pacifica Dr Brentwood, CA 3
    • 3 beds 3 baths ∙ 1,774 Sqft ∙ Built 2014 3 beds 3 baths ∙ 1,774 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $2,580
    • $1.45
    •  
  • 110 Kingfisher St Brentwood, CA 1
    • 3 beds 3 baths ∙ 1,667 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,667 Sqft ∙ Built 2004
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.44
    •  
  • 268 Woodfield Lane Brentwood, CA 2
    • 4 beds 3 baths ∙ 1,828 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,828 Sqft ∙ Built 2001
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.36
    •  
  • 747 Allbrook Ct Brentwood, CA 4
    • 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1994
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.60
    •  
  • 740 Canyonwood Brentwood, CA 5
    • 4 beds 3 baths ∙ 1,882 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,882 Sqft ∙ Built 1994
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.49
    •  
PROPERTY LISTING DETAILS
Mike Brewer
Realty One Group Amr
BESbswy