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

605 Parkhaven Ct Pleasant Hill, CA 94523

4 Beds 3 Baths 2,324 sqft Built 1986

INVESTimate

$1,099,000

List Price

$3,960

$3,710 - $4,210

Rent Est.

$1,163,621  ( +5.88%)   1 YR EST. FORECAST

PROPERTY INFO

August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 1986
  • Price/Sqft : $472.89
  • 6 Days on Market
  • MLS # : EB40917724
  • Updated Date : 08/22/2020 at 10:17
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,324 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Four bedroom, three bathroom, spacious one story family home in a quiet neighborhood. The property features a great floor plan with lots of light, eat-in-kitchen, large family room with two story ceilings and a fireplace, formal living room and dining room with city views, no rear neighbors, beautiful landscaping and a three car garage.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Valley High

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1098k

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

Neighborhood: Valley High

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
Valhalla Elementary School Primary Regular 542 21 9
Valley View Middle School Middle Regular 835 38 6
College Park High School High Regular 2,022 81 9

Valhalla Elementary School

  • Education Level: Primary
  • # of students: 542
  • # of teachers: 21
9
GreatSchools Rating

Valley View Middle School

  • Education Level: Middle
  • # of students: 835
  • # of teachers: 38
6
GreatSchools Rating

College Park High School

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

$989,100$1,208,900$1,099,000

PURCHASE PRICE

$3,564$4,356$3,960

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$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,960
EXPENSES Loan Payment -$4,055
Property Tax -$1,202
Property Insurance -$83
Property Management Fees -$194
CASH FLOW
-$1,574

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.

$1,099,000

PROJECTED PRICE

$3,960

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.88%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$296,985

INVESTMENT

$296,985

Down Payment
$274,750
Rehab Estimate
$5,750
Closing Costs
$16,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,055

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $274,750
Loan Amount $824,250
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,265

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,960

    LIST RENT
  • $1.7

    LIST RENT PER SQFT
  • $3,951

    COMP ESTIMATED VALUE
  • $1.7

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,3003$3,7004$3,8005$3,960
$3,960
RENT COMPS ANALYSIS
  • 605 Parkhaven Ct Pleasant Hill, 5
    • 4 beds 3 baths ∙ 2,324 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,324 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $3,960
    • $1.70
    •  
  • 135 Elder Dr Pacheco, 1
    • 4 beds 3 baths ∙ 1,977 Sqft ∙ Built 1995 4 beds 3 baths ∙ 1,977 Sqft ∙ Built 1995
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.62
    •  
  • 1817 Roux Ct Martinez, 2
    • 4 beds 3 baths ∙ 2,024 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,024 Sqft ∙ Built 1991
    LEASED 10/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.63
    •  
  • Augustine Drive Martinez, 3
    • 4 beds 2 baths ∙ 2,014 Sqft ∙ Built 1988 4 beds 2 baths ∙ 2,014 Sqft ∙ Built 1988
    LEASED 06/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.84
    •  
  • 504 Isabel Dr Martinez, 4
    • 4 beds 3 baths ∙ 2,222 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,222 Sqft ∙ Built 1986
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.71
    •  
PROPERTY LISTING DETAILS
Glenn Bauer
Coldwell Banker Realty
BESbswy