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1525 Foothill Ave Pinole, CA 94564

3 Beds 3 Baths 1,489 sqft Built 1986

$599,000

List Price

$2,650

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

November 08, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $402.28
  • 2 Days on Market
  • MLS # : CC40927850
  • Updated Date : 11/14/2020 at 03:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,489 sqft
  • Baths : 2 full , 1 half
Listing Agent

Compass

Listing Agent's Description

Your opportunity to become a homeowner and stop paying rent is here. With these low interest rates and special financing programs available you can own this newly remodeled home in an awesome community. Brand new waterproof flooring throughout the downstairs and new carpet upstairs. New pant in and out. Updated kitchen with new appliances and beautiful quartz counters. 3 updated bathrooms. Vaulted ceilings that bring in lot's of natural light. Large master with 2 closets. Sitting on a corner lot leaving plenty of privacy and you can walk to the neighborhood park around the corner. Vies of the hills right outside the back yard. Best of all your still only 20 miles to SF and 12 miles to Marin County. Check out the 3d tour and walk the home from your own couch.

SEE MORE

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
 

$539,100$658,900$599,000

PURCHASE PRICE

$2,385$2,915$2,650

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,650
EXPENSES Loan Payment -$2,210
Property Tax -$735
Property Insurance -$63
HOA -$80
Property Management Fees -$149
CASH FLOW
-$587

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.

$599,000

PROJECTED PRICE

$2,650

PROJECTED RENT

0.44%

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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,485

INVESTMENT

$164,485

Down Payment
$149,750
Rehab Estimate
$5,750
Closing Costs
$8,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,750
Loan Amount $449,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$9,937

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
  • $2,700

    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
  • 1525 Foothill Ave Pinole, CA 1
    • 3 beds 3 baths ∙ 1,489 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,489 Sqft ∙ Built 1986
    • 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
    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
    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
    LEASED 10/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.77
    •  
PROPERTY LISTING DETAILS
Bill Davis
Compass
BESbswy