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36 Mazie Dr Pleasant Hill, CA 94523

3 Beds 1 Baths 1,484 sqft Built 1950

INVESTimate

$775,000

List Price

$3,100

$2,850 - $3,350

Rent Est.

$844,285  ( +8.94%)   1 YR EST. FORECAST

PROPERTY INFO

August 23, 2020 RECENTLY ADDED
FACTS
  • Built In 1950
  • Price/Sqft : $522.24
  • 5 Days on Market
  • MLS # : CC40917937
  • Updated Date : 08/25/2020 at 11:48
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,484 sqft
  • Baths : 1 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Be prepared to fall in love with not only this house but the neighbors in this sunny Gregory Gardens Court! This property has been expanded & updated and is completely beautiful! The updated kitchen features solid wood cabinetry, that has been renewed w/fresh paint & new hardware. New quartz counters, new back-splash, stainless appliances & this lovely space gets even better as it opens up to the light, bright & spacious family room. Oversize sliders and lots of windows to the back yard provide a gorgeous view of the large shade tree in the center of the yard. Warm hardwood floors, updated fixtures and custom built in cabinetry all add warmth & character to this darling home. The large backyard offers endless possibilities, currently an above ground pool, faux grass & area for fire pit. Extra storage, 2 driveways with room to store your RV or boat. Super excellent location, just minutes to schools, parks, downtown & freeway access. This property is sure to please just about everyone!

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PRICE & RENT TRENDS

Neighborhood: Gregory Gardens

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $266k1078k

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

Neighborhood: Gregory Gardens

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Gregory Gardens Elementary School Primary Regular 373 13 5
Pleasant Hill Middle School Middle Regular 972 39 6
College Park High School High Regular 2,022 81 9

Gregory Gardens Elementary School

  • Education Level: Primary
  • # of students: 373
  • # of teachers: 13
5
GreatSchools Rating

Pleasant Hill Middle School

  • Education Level: Middle
  • # of students: 972
  • # of teachers: 39
6
GreatSchools Rating

College Park High School

  • Education Level: High
  • # of students: 2,022
  • # of teachers: 81
9
GreatSchools Rating
 

$697,500$852,500$775,000

PURCHASE PRICE

$2,790$3,410$3,100

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,100
EXPENSES Loan Payment -$2,859
Property Tax -$843
Property Insurance -$63
Property Management Fees -$152
CASH FLOW
-$817

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.

$775,000

PROJECTED PRICE

$3,100

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.94%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$211,125

INVESTMENT

$211,125

Down Payment
$193,750
Rehab Estimate
$5,750
Closing Costs
$11,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,859

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $193,750
Loan Amount $581,250
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$8,948

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
  • $2,998

    COMP ESTIMATED VALUE
  • $2.02

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3953$3,750
$3,750
RENT COMPS ANALYSIS
  • 36 Mazie Dr Pleasant Hill, 1
    • 3 beds 1 baths ∙ 1,484 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,484 Sqft ∙ Built 1950
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1786 Toyon Dr Concord, 2
    • 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1955
    LEASED 10/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.73
    •  
  • 132 Calle Nogales Walnut Creek, 3
    • 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1962
    LEASED 11/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $2.31
    •  
PROPERTY LISTING DETAILS
Kelly Gargiulo
Keller Williams Realty
BESbswy