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2300 Taper Ct Pinole, CA 94564

3 Beds 2 Baths 1,288 sqft Built 1959

$579,950

List Price

$2,640

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1959
  • Price/Sqft : $450.27
  • 3 Days on Market
  • MLS # : CC40933694
  • Updated Date : 01/08/2021 at 19:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,288 sqft
  • Baths : 2 full
Listing Agent

Security Pacific Real Estate

Listing Agent's Description

Great 3BR 2BA fixer in Pinole Valley. Great opportunity to make this home shine. Perfect for 1st time homebuyers or investors. Excellent location, easy access to freeway, shopping, short drive to Orinda BART, close to hiking, biking, San Pablo Reservoir. Close to schools.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pinole Valley

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $230k1053k

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

Neighborhood: Pinole Valley

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
Ellerhorst Elementary School Primary Regular 379 17 4
Ellerhorst Elementary School Middle Regular 379 17 4
Pinole Valley High School High Regular 1,205 54 4

Ellerhorst Elementary School

  • Education Level: Primary
  • # of students: 379
  • # of teachers: 17
4
GreatSchools Rating

Ellerhorst Elementary School

  • Education Level: Middle
  • # of students: 379
  • # of teachers: 17
4
GreatSchools Rating

Pinole Valley High School

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

$521,955$637,945$579,950

PURCHASE PRICE

$2,376$2,904$2,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,640
EXPENSES Loan Payment -$2,014
Property Tax -$698
Property Insurance -$58
Property Management Fees -$149
CASH FLOW
-$280

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.

$579,950

PROJECTED PRICE

$2,640

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.0%
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

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$159,437

INVESTMENT

$159,437

Down Payment
$144,988
Rehab Estimate
$5,750
Closing Costs
$8,699

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,014

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $144,988
Loan Amount $434,963
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$25,431

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
  • $2,647

    COMP ESTIMATED VALUE
  • $2.05

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,895
$2,895
RENT COMPS ANALYSIS
  • 2300 Taper Ct Pinole, CA 1
    • 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 1959
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3136 Deseret Dr Richmond, CA 2
    • 3 beds 2 baths ∙ 1,144 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,144 Sqft ∙ Built 1957
    LEASED 06/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $2.01
    •  
  • 5759 Nottingham Dr El Sobrante, CA 3
    • 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1955
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,895
    • $2.10
    •  
PROPERTY LISTING DETAILS
Gary Torretta
Security Pacific Real Estate
BESbswy