Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

50 Santa Ana Dr Pleasant Hill, CA 94523

3 Beds 2 Baths 1,135 sqft Built 1955

$710,000

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1955
  • Price/Sqft : $625.55
  • 2 Days on Market
  • MLS # : CC40932567
  • Updated Date : 12/26/2020 at 11:49
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,135 sqft
  • Baths : 2 full
Listing Agent

Fidelity Realty

Listing Agent's Description

Clean, open layout with Spacious Kitchen featuring Stainless Steel Appliances, Granite Counter Tops, Island, ample cabinet space, Breakfast Bar and Dining area with deep rich Hardwood Floors. Entertaining living area has a comfortable ambiance with cozy Fireplace Insert. Bathrooms updated with Beautiful Tile work. Dual Pane Windows, Central A/C and Heat. Laundry room conveniently located off kitchen leading to the backyard with Large Play Structure + Playhouse, Orange and Plum Trees and ample room to play, expand or add a swimming pool if desired. Fabulous Ellinwood location with easy access to Sun Valley Mall, Public Transportation, Shopping, Freeway access as well as Great Schools, DVC and so many more wonderful amenities Pleasant Hill has to offer.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94523

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Zip Code: 94523

ZipNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
 

$639,000$781,000$710,000

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$2,620
Property Tax -$777
Property Insurance -$55
Property Management Fees -$149
CASH FLOW
-$800

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.

$710,000

PROJECTED PRICE

$2,800

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.8%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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$15k

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$193,900

INVESTMENT

$193,900

Down Payment
$177,500
Rehab Estimate
$5,750
Closing Costs
$10,650

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,620

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $177,500
Loan Amount $532,500
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$7,009

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
  • $2,352

    COMP ESTIMATED VALUE
  • $2.07

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2503$2,3954$2,4505$2,800
$2,800
RENT COMPS ANALYSIS
  • 50 Santa Ana Dr Pleasant Hill, CA 1
    • 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1955
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 979 Argenta Dr Martinez, CA 2
    • 3 beds 1 baths ∙ 1,026 Sqft ∙ Built 1960 3 beds 1 baths ∙ 1,026 Sqft ∙ Built 1960
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $2.19
    •  
  • 1786 Toyon Dr Concord, CA 3
    • 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
    •  
  • 2426 Pleasant Hill Rd 1 Pleasant Hill, CA 4
    • 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1970
    LEASED 12/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $2.15
    •  
  • 1520 Orange Concord, CA 5
    • 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 1950
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.22
    •  
PROPERTY LISTING DETAILS
Caleb Mitchell
Fidelity Realty
BESbswy