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3194 Hillview Ct Concord, CA 94519

3 Beds 2 Baths 1,221 sqft Built 1954

$629,000

List Price

$2,490

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

November 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1954
  • Price/Sqft : $515.15
  • 7 Days on Market
  • MLS # : CC40926657
  • Updated Date : 11/10/2020 at 14:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,221 sqft
  • Baths : 2 full
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

Desirable Holbrook Heights charmer is in an ideal court location across from the community pool, playground, and clubhouse. Beautiful open concept great room plus an eat-in kitchen and bar! The entire home has been freshly painted and features lovely laminate flooring throughout with newly installed tile in both bathrooms plus updated sinks and vanities. Enjoy California outdoor living on your beautiful backyard deck or spacious and private, fenced front courtyard- perfect for entertaining! This home is conveniently located in an excellent commute location as well, near Hwy 4 and 680, and less than 2 miles from the Concord BART stations. Neighborhood attractions include Pixieland Amusement Park, John Muir Medical Center, Willow Pass Community Park, Hike/Bike Trails & Baldwin Dog Park. Super convenient to awesome restaurants, shopping, and vibrant downtown Concord and Todos Santa Plaza- this is an opportunity not to be missed!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Holbrook

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1022k

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

Neighborhood: Holbrook

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Holbrook Language Academy Primary Unknown NA
El Dorado Middle School Middle Regular 976 42 2
Mt. Diablo High School High Regular 1,352 77 4

Holbrook Language Academy

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

El Dorado Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 42
2
GreatSchools Rating

Mt. Diablo High School

  • Education Level: High
  • # of students: 1,352
  • # of teachers: 77
4
GreatSchools Rating
 

$566,100$691,900$629,000

PURCHASE PRICE

$2,241$2,739$2,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,490
EXPENSES Loan Payment -$2,321
Property Tax -$698
Property Insurance -$57
HOA -$160
Property Management Fees -$149
CASH FLOW
-$894

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.

$629,000

PROJECTED PRICE

$2,490

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.6%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$172,435

INVESTMENT

$172,435

Down Payment
$157,250
Rehab Estimate
$5,750
Closing Costs
$9,435

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,321

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $157,250
Loan Amount $471,750
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,052

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
  • $2,482

    COMP ESTIMATED VALUE
  • $2.03

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4003$2,4504$2,5505$2,800
$2,800
RENT COMPS ANALYSIS
  • 3194 Hillview Ct Concord, CA 1
    • 3 beds 2 baths ∙ 1,221 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,221 Sqft ∙ Built 1954
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • Hickory Dr Concord, CA 2
    • 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1947 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1947
    LEASED 12/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $2.00
    •  
  • 3198 Claudia Dr Concord, CA 3
    • 3 beds 2 baths ∙ 1,170 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,170 Sqft ∙ Built 1955
    LEASED 10/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $2.09
    •  
  • 3049 Justin Way Concord, CA 4
    • 3 beds 2 baths ∙ 1,161 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,161 Sqft ∙ Built 1954
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $2.20
    •  
  • 3180 Ida Dr Concord, CA 5
    • 3 beds 2 baths ∙ 1,519 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,519 Sqft ∙ Built 1954
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.84
    •  
PROPERTY LISTING DETAILS
Christina Linezo
Dudum Real Estate Group
BESbswy