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258 Altadena Cir Bay Point, CA 94565

5 Beds 3 Baths 2,734 sqft Built 2013

$675,000

List Price

$3,400

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $246.89
  • 3 Days on Market
  • MLS # : CC40932325
  • Updated Date : 12/19/2020 at 13:05
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,734 sqft
  • Baths : 3 full
Listing Agent

Cal Home

Listing Agent's Description

Stunning Spacious 5 Bedroom home in the rolling hills of San Marco. You will be amazed at the volume ceilings with surrounding windows allowing natural light to flow in. Very desirable one bedroom and full bath downstairs for guests. in-laws or the much needed home office. Other highlights include, living room, family room with a gas starting fireplace, open kitchen concept with granite and stainless steel appliances, and a separate formal dining area. The spiral staircase leads to a functional loft and the rest of the bedrooms. French doors open up to the beautiful master suite. The master bath features a separate oval tub and stall shower. The location is a commuter's dream with easy access to the highway and transportation. Don't miss out on this one.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94565

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $177k1015k

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

Zip Code: 94565

ZipNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12273193

* 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
Delta View Elementary School Primary Regular 654 23 5
Riverview Middle School Middle Regular 735 46 1
Mt. Diablo High School High Regular 1,352 77 4

Delta View Elementary School

  • Education Level: Primary
  • # of students: 654
  • # of teachers: 23
5
GreatSchools Rating

Riverview Middle School

  • Education Level: Middle
  • # of students: 735
  • # of teachers: 46
1
GreatSchools Rating

Mt. Diablo High School

  • Education Level: High
  • # of students: 1,352
  • # of teachers: 77
4
GreatSchools Rating
 

$607,500$742,500$675,000

PURCHASE PRICE

$3,060$3,740$3,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,400
EXPENSES Loan Payment -$2,490
Property Tax -$773
Property Insurance -$93
Property Management Fees -$167
CASH FLOW
-$123

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.

$675,000

PROJECTED PRICE

$3,400

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.3%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k

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$184,625

INVESTMENT

$184,625

Down Payment
$168,750
Rehab Estimate
$5,750
Closing Costs
$10,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,490

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $168,750
Loan Amount $506,250
See What Happens When You Reinvest Cash Flow

6.33

YEARS SAVED

$58,252

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,400

    LIST RENT
  • $1.24

    LIST RENT PER SQFT
  • $3,472

    COMP ESTIMATED VALUE
  • $1.27

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,400
$3,400
RENT COMPS ANALYSIS
  • 258 Altadena Cir Bay Point, CA 2
    • 5 beds 3 baths ∙ 2,734 Sqft ∙ Built 2013 5 beds 3 baths ∙ 2,734 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.24
    •  
  • 2210 Botany Bay Dr Pittsburg, CA 1
    • 5 beds 3 baths ∙ 2,515 Sqft ∙ Built 2011 5 beds 3 baths ∙ 2,515 Sqft ∙ Built 2011
    LEASED 08/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.27
    •  
PROPERTY LISTING DETAILS
Suzanne Rocha
Cal Home
BESbswy