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

15 El Molino Dr Clayton, CA 94517

3 Beds 2 Baths 1,648 sqft Built 1975

INVESTimate

$750,000

List Price

$3,110

$2,860 - $3,360

Rent Est.

$789,450  ( +5.26%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 1975
  • Price/Sqft : $455.10
  • 3 Days on Market
  • MLS # : CC40913001
  • Updated Date : 08/25/2020 at 12:33
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,648 sqft
  • Baths : 2 full
Listing Agent

Re/max Accord

Listing Agent's Description

WELCOME HOME! Pride of Ownership! Lovely neighborhood. Beautiful Premium View Lot with views of Mt. Diablo, located in one of the most desirable areas of Contra Costa .Immaculately maintained home with vaulted ceiling, 2 skylights,,newer roof 2015, newer ceilings fans in 3 bedrooms,new landscaped front and back yard. pergola, back fence.side gate, crown molding ,closet doors in all bedrooms, laminate flooring , custom pavers and so much more!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Regency Woods

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1361k

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

Neighborhood: Regency Woods

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
Mt. Diablo Elementary School Primary Regular 814 30 8
Diablo View Middle School Middle Regular 664 27 8
Clayton Valley Charter High School High Regular NA

Mt. Diablo Elementary School

  • Education Level: Primary
  • # of students: 814
  • # of teachers: 30
8
GreatSchools Rating

Diablo View Middle School

  • Education Level: Middle
  • # of students: 664
  • # of teachers: 27
8
GreatSchools Rating

Clayton Valley Charter High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$675,000$825,000$750,000

PURCHASE PRICE

$2,799$3,421$3,110

RENT

DOWN PAYMENT
FINANCING

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$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,110
EXPENSES Loan Payment -$2,767
Property Tax -$828
Property Insurance -$67
Property Management Fees -$152
CASH FLOW
-$705

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.

$750,000

PROJECTED PRICE

$3,110

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.26%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,500

INVESTMENT

$204,500

Down Payment
$187,500
Rehab Estimate
$5,750
Closing Costs
$11,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,767

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $187,500
Loan Amount $562,500
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$12,764

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,110

    LIST RENT
  • $1.89

    LIST RENT PER SQFT
  • $0

    COMP ESTIMATED VALUE
  • $0

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,9503$2,1004$3,110
$3,110
RENT COMPS ANALYSIS
  • 15 El Molino Dr Clayton, 4
    • 3 beds 2 baths ∙ 1,648 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,648 Sqft ∙ Built 1975
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,110
    • $1.89
    •  
  • 5833 Verna Clayton, 1
    • 3 beds 2 baths ∙ 1,702 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,702 Sqft ∙ Built 1956
    property image
    LEASED 08/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.94
    •  
  • 208 Falcon Pl Clayton, 2
    • 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 1993
    property image
    LEASED 05/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $1.04
    •  
  • Windmill Canyon Dr Clayton, 3
    • 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 1995
    property image
    LEASED 12/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.12
    •  
PROPERTY LISTING DETAILS
Lina Jimenez
Re/max Accord
BESbswy