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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1968
- Price/Sqft : $390.94
- 2 Days on Market
- MLS # : CC40932677
- Updated Date : 12/26/2020 at 12:38
CONSTRUCTION
- Beds : 4
- Floor Size : 1,788 sqft
- Baths : 2 full
Listing Agent
Security Pacific Real Estate
Listing Agent's Description
Original owner selling this beautiful single story property on one of the finest streets in Pinole Valley. Wonderful views of the valley ant the Pinole-El Sobrante Ridge. Original 4 bedroom converted to family bonus area, easy to convert back. Dual pane windows and plantation shutters throughout. Large lot with level backyard and deck for entertaining and enjoyment. Possible off-street parking.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Pinole Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pinole Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,030 |
| EXPENSES | Loan Payment | -$2,579 |
| Property Tax | -$841 | |
| Property Insurance | -$70 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$610
|
||
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.
$699,000
PROJECTED PRICE
$3,030
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$190,985
LOAN DETAILS
$2,579
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $174,750 |
| Loan Amount | $524,250 |
2.42
YEARS SAVED
$15,311
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
-
$2,999
COMP ESTIMATED VALUE -
$1.68
COMP AVG. RENT PER SQFT
Comps Range
-
2650 Alhambra Pinole, CA 1
- 4 beds 2 baths ∙ 1,788 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,788 Sqft ∙ Built 1968
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2035 Pheasant Dr Hercules, CA 2
- 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 1981 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 1981
LEASED 07/15/19- Rent
- Rent Per SQFT
- $2,800
- $1.41
-
5566 Woodview Dr Richmond, CA 3
- 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 1988
LEASED 03/04/20- Rent
- Rent Per SQFT
- $2,900
- $1.69
-
4612 Meadowbrook Dr Richmond, CA 4
- 3 beds 2 baths ∙ 1,630 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,630 Sqft ∙ Built 1961
LEASED 05/05/20- Rent
- Rent Per SQFT
- $2,950
- $1.81
-
2931 Cindy Ct Richmond, CA 5
- 4 beds 2 baths ∙ 1,809 Sqft ∙ Built 1963 4 beds 2 baths ∙ 1,809 Sqft ∙ Built 1963
LEASED 03/06/20- Rent
- Rent Per SQFT
- $3,250
- $1.80
PROPERTY LISTING DETAILS
Security Pacific Real Estate
