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

186 Christine Dr San Pablo, CA 94806

3 Beds 1 Baths 956 sqft Built 1953

$475,000

List Price

$2,470

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1953
  • Price/Sqft : $496.86
  • 3 Days on Market
  • MLS # : BE40932301
  • Updated Date : 12/19/2020 at 11:31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 956 sqft
  • Baths : 1 full
Listing Agent

Realty World Acclaim

Listing Agent's Description

Welcome to this Beautifully redesigned Mid Century Modern home located in Montalvin Manor. This urban oasis offers 3 spacious bedrooms, 1 gorgeous bath and 956 square feet of living space with a nice 5500 sqft lot. This home which is turnkey and great for all buyers features an updated kitchen with stainless steel appliances, quartz counters, subway tile backsplash and white shaker cabinets. The designer touches in the bathroom will simply not disappoint! A huge back yard awaits your vision to fit your lifestyle. Walking distance to school and a commuters dream location, this one wont last.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Montalvin Manor

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $171k1015k

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

Neighborhood: Montalvin Manor

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Montalvin Elementary School Primary Regular 419 18 5
Montalvin Elementary School Middle Regular 419 18 5
Pinole Valley High School High Regular 1,205 54 4

Montalvin Elementary School

  • Education Level: Primary
  • # of students: 419
  • # of teachers: 18
5
GreatSchools Rating

Montalvin Elementary School

  • Education Level: Middle
  • # of students: 419
  • # of teachers: 18
5
GreatSchools Rating

Pinole Valley High School

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

$427,500$522,500$475,000

PURCHASE PRICE

$2,223$2,717$2,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,470
EXPENSES Loan Payment -$1,753
Property Tax -$587
Property Insurance -$50
Property Management Fees -$149
CASH FLOW
-$68

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.

$475,000

PROJECTED PRICE

$2,470

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 14.7%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,753

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$46,087

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
  • $2,055

    COMP ESTIMATED VALUE
  • $2.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,795
$2,795
RENT COMPS ANALYSIS
  • 186 Christine Dr San Pablo, CA 1
    • 3 beds 1 baths ∙ 956 Sqft ∙ Built 1953 3 beds 1 baths ∙ 956 Sqft ∙ Built 1953
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2901 Canterbury Dr Richmond, CA 2
    • 3 beds 2 baths ∙ 1,301 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,301 Sqft ∙ Built 1963
    LEASED 03/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $2.15
    •  
PROPERTY LISTING DETAILS
Hamed Barakzoy
Realty World Acclaim
BESbswy