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1519 Foothill Ave Pinole, CA 94564

3 Beds 3 Baths 1,603 sqft Built 1986

$514,900

List Price

$2,820

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $321.21
  • 2 Days on Market
  • MLS # : BE40931181
  • Updated Date : 12/05/2020 at 09:03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,603 sqft
  • Baths : 2 full , 1 half
Listing Agent

Intero Real Estate Svcs

Listing Agent's Description

Home with great potential to make your mark located in Pinole. 1519 Foothill Ave. Come set the bar in a neighborhood north of interstate 80. 3 bedrooms with 2.5 bathrooms is plenty of space for a first time buyer, friends and family. Offering wood floors on the first floor & tile in kitchen. Enjoy time by the wood burning fireplace in the formal living room. This home sits on a lot with mature trees and needs work , bring your lic. contractor. 2 car garage attached with 1,603 square footage of living space to upgrade with your creative ideas. Near San Pablo Bay and Drive Park, this home is sure to go fast!

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PRICE & RENT TRENDS

Neighborhood: East Bluff

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $218k1035k

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

Neighborhood: East Bluff

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16293193

* 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
Collins Elementary School Primary Regular 385 18 4
Collins Elementary School Middle Regular 385 18 4
Pinole Valley High School High Regular 1,205 54 4

Collins Elementary School

  • Education Level: Primary
  • # of students: 385
  • # of teachers: 18
4
GreatSchools Rating

Collins Elementary School

  • Education Level: Middle
  • # of students: 385
  • # of teachers: 18
4
GreatSchools Rating

Pinole Valley High School

  • Education Level: High
  • # of students: 1,205
  • # of teachers: 54
4
GreatSchools Rating
 

$463,410$566,390$514,900

PURCHASE PRICE

$2,538$3,102$2,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,820
EXPENSES Loan Payment -$1,900
Property Tax -$696
Property Insurance -$66
HOA -$70
Property Management Fees -$149
CASH FLOW
-$60

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.

$514,900

PROJECTED PRICE

$2,820

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 14.1%
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-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$142,199

INVESTMENT

$142,199

Down Payment
$128,725
Rehab Estimate
$5,750
Closing Costs
$7,724

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,900

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $128,725
Loan Amount $386,175
See What Happens When You Reinvest Cash Flow

6.58

YEARS SAVED

$48,421

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
  • $2,907

    COMP ESTIMATED VALUE
  • $1.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$3,0004$3,250
$3,250
RENT COMPS ANALYSIS
  • 1519 Foothill Ave Pinole, CA 1
    • 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1420 Greenfield Cir Pinole, CA 2
    • 3 beds 3 baths ∙ 1,489 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,489 Sqft ∙ Built 1984
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.88
    •  
  • 2063 Lewis St Hercules, CA 3
    • 3 beds 3 baths ∙ 1,680 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,680 Sqft ∙ Built 2005
    property image
    LEASED 06/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.79
    •  
  • 2053 Rosedale Dr. San Pablo, CA 4
    • 4 beds 2 baths ∙ 1,837 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,837 Sqft ∙ Built 1968
    property image
    LEASED 10/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.77
    •  
PROPERTY LISTING DETAILS
Tinarsha Brown
Intero Real Estate Svcs
BESbswy