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1774 Arlington Blvd El Cerrito, CA 94530

2 Beds 1 Baths 900 sqft Built 1954

INVESTimate

$649,000

List Price

$2,620

$2,370 - $2,870

Rent Est.

$710,460  ( +9.47%)   1 YR EST. FORECAST

PROPERTY INFO

August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 1954
  • Price/Sqft : $721.11
  • 5 Days on Market
  • MLS # : CC40917922
  • Updated Date : 08/25/2020 at 16:54
CONSTRUCTION
  • Beds : 2
  • Floor Size : 900 sqft
  • Baths : 1 full
Listing Agent

Security Pacific Real Estate

Listing Agent's Description

Spectacular views of San Francisco and Golden Gate Bridge. Rare opportunity to own real estate property in these truly great neighborhood- it has : accessibility, appearance and amenities. Make it your dream home!

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PRICE & RENT TRENDS

Neighborhood: El Cerrito

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: El Cerrito

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
Madera Elementary School Primary Regular 519 18 7
Madera Elementary School Middle Regular 519 18 7
El Cerrito High School High Regular 1,364 55 5

Madera Elementary School

  • Education Level: Primary
  • # of students: 519
  • # of teachers: 18
7
GreatSchools Rating

Madera Elementary School

  • Education Level: Middle
  • # of students: 519
  • # of teachers: 18
7
GreatSchools Rating

El Cerrito High School

  • Education Level: High
  • # of students: 1,364
  • # of teachers: 55
5
GreatSchools Rating
 

$584,100$713,900$649,000

PURCHASE PRICE

$2,358$2,882$2,620

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

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 $2,620
EXPENSES Loan Payment -$2,395
Property Tax -$764
Property Insurance -$49
Property Management Fees -$149
CASH FLOW
-$736

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.

$649,000

PROJECTED PRICE

$2,620

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.47%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$177,735

INVESTMENT

$177,735

Down Payment
$162,250
Rehab Estimate
$5,750
Closing Costs
$9,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,395

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,250
Loan Amount $486,750
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$5,943

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
  • $2,511

    COMP ESTIMATED VALUE
  • $2.79

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,650
$2,650
RENT COMPS ANALYSIS
  • 1774 Arlington Blvd El Cerrito, 1
    • 2 beds 1 baths ∙ 900 Sqft ∙ Built 1954 2 beds 1 baths ∙ 900 Sqft ∙ Built 1954
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 510 Liberty St El Cerrito, 2
    • 2 beds 1 baths ∙ 950 Sqft ∙ Built 1962 2 beds 1 baths ∙ 950 Sqft ∙ Built 1962
    property image
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $2.79
    •  
PROPERTY LISTING DETAILS
Zhanna Demydova
Security Pacific Real Estate
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