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2070 Pinon Ct Livermore, CA 94551

3 Beds 2 Baths 1,224 sqft Built 1987

INVESTimate

$749,888

List Price

$3,110

$2,860 - $3,360

Rent Est.

$825,852  ( +10.13%)   1 YR EST. FORECAST

PROPERTY INFO

August 26, 2020 RECENTLY ADDED
FACTS
  • Built In 1987
  • Price/Sqft : $612.65
  • 2 Days on Market
  • MLS # : MR40918211
  • Updated Date : 08/25/2020 at 22:45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,224 sqft
  • Baths : 2 full
Listing Agent

Real Estate Ebroker

Listing Agent's Description

Desirable Livermore home has been gorgeously updated with all the modern amenities including updated kitchen & bathrooms, engineered hardwood flooring in living areas, recessed LED lighting, dual pane windows, central heat & A/C. Unique features include vaulted ceilings in living room, epoxy flooring in garage, permitted accessory dwelling unit in backyard with 120 sq.ft. of living space and electrical. Fully landscaped front and backyard with covered concrete patio, children's playground with rubber playground mat, built in fire pit and garden box. Conveniently located near shops & restaurants and minutes away from highways 580, 84 and Dublin-Pleasanton BART. Walking distance to Marlin Pound neighborhood park.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Springtown

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1016k

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

Neighborhood: Springtown

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14053195

* 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
Altamont Creek Elementary School Primary Regular 519 23 7
Andrew Christensen Middle School Middle Regular 661 30 7
Livermore High School High Regular 1,771 82 8

Altamont Creek Elementary School

  • Education Level: Primary
  • # of students: 519
  • # of teachers: 23
7
GreatSchools Rating

Andrew Christensen Middle School

  • Education Level: Middle
  • # of students: 661
  • # of teachers: 30
7
GreatSchools Rating

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

$674,899$824,877$749,888

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$2.5M

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$2.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,110
EXPENSES Loan Payment -$2,767
Property Tax -$842
Property Insurance -$57
HOA -$78
Property Management Fees -$152
CASH FLOW
-$786

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.

$749,888

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) 10.13%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,470

INVESTMENT

$204,470

Down Payment
$187,472
Rehab Estimate
$5,750
Closing Costs
$11,248

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% 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 $187,472
Loan Amount $562,416
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$9,223

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
  • $3,109

    COMP ESTIMATED VALUE
  • $2.54

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8953$2,9754$2,9755$2,975
$2,975
RENT COMPS ANALYSIS
  • 2070 Pinon Ct Livermore, 1
    • 3 beds 2 baths ∙ 1,224 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,224 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4274 Galloway St Livermore, 2
    • 3 beds 2 baths ∙ 1,120 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,120 Sqft ∙ Built 1971
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,895
    • $2.58
    •  
  • 1565 Morning Glory Cir Livermore, 3
    • 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 1989
    LEASED 10/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.53
    •  
  • 4122 Bristlecone Way Livermore, 4
    • 3 beds 2 baths ∙ 1,224 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,224 Sqft ∙ Built 1986
    LEASED 04/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.43
    •  
  • 1715 Carnation Cir Livermore, 5
    • 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1980
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.62
    •  
PROPERTY LISTING DETAILS
Randy Rullamas
Real Estate Ebroker
BESbswy