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PROPERTY INFO
FACTS
- Single Family
- Built In 1958
- Price/Sqft : $525.49
- 5 Days on Market
- MLS # : CC40932904
- Updated Date : 01/07/2021 at 19:20
CONSTRUCTION
- Beds : 3
- Floor Size : 1,216 sqft
- Baths : 2 full
Listing Agent
Security Pacific Real Estate
Listing Agent's Description
The search for your dream home is over! Just listed in highly sought after and conveniently located Pinole, this exquisitely remodeled mid-century modern home on almost 1/3 of an acre of land with high end finishes, original vaulted wood beam ceilings with beaming sky lights, original and refinished hardwood flooring, a large inviting pool and spectacular bay views from the upper part of multi-level lot is sure to dazzle you! Matterport: https://my.matterport.com/show/?m=WaKxwW1M5mw
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PRICE & RENT TRENDS
Neighborhood: Nob Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Nob Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,600 |
| EXPENSES | Loan Payment | -$2,219 |
| Property Tax | -$769 | |
| Property Insurance | -$57 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$594
|
||
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.
$639,000
PROJECTED PRICE
$2,600
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 10.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$175,085
LOAN DETAILS
$2,219
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $159,750 |
| Loan Amount | $479,250 |
2.08
YEARS SAVED
$8,713
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
-
$2,610
COMP ESTIMATED VALUE -
$2.15
COMP AVG. RENT PER SQFT
Comps Range
-
1285 Marlesta Rd Pinole, CA 1
- 3 beds 2 baths ∙ 1,216 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,216 Sqft ∙ Built 1958
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3136 Deseret Dr Richmond, CA 2
- 3 beds 2 baths ∙ 1,144 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,144 Sqft ∙ Built 1957
LEASED 06/16/20- Rent
- Rent Per SQFT
- $2,300
- $2.01
-
2721 Sargent Ave San Pablo, CA 3
- 3 beds 2 baths ∙ 1,399 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,399 Sqft ∙ Built 1962
LEASED 11/15/19- Rent
- Rent Per SQFT
- $2,650
- $1.89
-
120 Renfrew Court El Sobrante, CA 4
- 4 beds 2 baths ∙ 1,495 Sqft ∙ Built 1957 4 beds 2 baths ∙ 1,495 Sqft ∙ Built 1957
LEASED 05/18/20- Rent
- Rent Per SQFT
- $3,800
- $2.54
PROPERTY LISTING DETAILS
Security Pacific Real Estate
