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757 Slater Avenue Pleasant Hill, CA 94523

4 Beds 3 Baths 2,836 sqft Built 1976

$1,399,777

List Price

$4,580

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

December 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $493.57
  • 6 Days on Market
  • MLS # : MR40931438
  • Updated Date : 12/08/2020 at 20:58
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,836 sqft
  • Baths : 3 full
Listing Agent

Nexthome Family Tree Realty

Listing Agent's Description

A custom ranch style home nestled on a prominent 1/2 acre parcel is now available north of Lafayette. This peaceful family estate is part of a quaint community in a desirable area. Inside the formal entry opens up to the clean, ample living spaces with a traditional layout. The dazzling garage is pristine with bright lights. Enjoy the private backyard surrounded with trees and greenery from your covered patio rain or shine. This is a special opportunity for a deserving buyer.

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
Strandwood Elementary School Primary Regular 647 24 8
Pleasant Hill Middle School Middle Regular 972 39 6
College Park High School High Regular 2,022 81 9

Strandwood Elementary School

  • Education Level: Primary
  • # of students: 647
  • # of teachers: 24
8
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
 

$1,259,799$1,539,755$1,399,777

PURCHASE PRICE

$4,122$5,038$4,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,580
EXPENSES Loan Payment -$5,165
Property Tax -$1,441
Property Insurance -$96
Property Management Fees -$224
CASH FLOW
-$2,346

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.

$1,399,777

PROJECTED PRICE

$4,580

PROJECTED RENT

0.33%

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$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$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$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$376,691

INVESTMENT

$376,691

Down Payment
$349,944
Rehab Estimate
$5,750
Closing Costs
$20,997

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$5,165

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $349,944
Loan Amount $1,049,833
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$205

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,580

    LIST RENT
  • $1.61

    LIST RENT PER SQFT
  • $5,672

    COMP ESTIMATED VALUE
  • $2

    COMP AVG. RENT PER SQFT
Comps Range
$4,580
1$4,5802$5,250
$5,250
RENT COMPS ANALYSIS
  • 757 Slater Avenue Pleasant Hill, CA 1
    • 4 beds 3 baths ∙ 2,836 Sqft ∙ Built 1976 4 beds 3 baths ∙ 2,836 Sqft ∙ Built 1976
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,580
    • $1.61
    •  
  • 24 Benthill Ct Lafayette, CA 2
    • 4 beds 2 baths ∙ 2,625 Sqft ∙ Built 1975 4 beds 2 baths ∙ 2,625 Sqft ∙ Built 1975
    property image
    LEASED 09/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,250
    • $2.00
    •  
PROPERTY LISTING DETAILS
Natalie Macias
Nexthome Family Tree Realty
BESbswy