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660 Carlotta Cir Pinole, CA 94564

5 Beds 3 Baths 2,278 sqft Built 2000

$779,000

List Price

$3,570

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 2000
  • Price/Sqft : $341.97
  • 2 Days on Market
  • MLS # : MR40927855
  • Updated Date : 11/02/2020 at 15:55
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,278 sqft
  • Baths : 2 full , 1 half
Listing Agent

Smc Real Estate Services

Listing Agent's Description

Welcome to this Amazing Beautiful Home located on the desirable San Pablo Regional Shoreline HARBOUR COVE Community with just minute walk to Pinole Shores Trail. This house has fruit tree setting backyard, Spacious and inviting the living room and family room has a high ceiling also excellent Open Floor plan with Huge kitchen and Brand New Flooring throughout whole house . Sunny and Bright , Very Clean and Maintained , 5 Bed rooms and 2.5 Bath rooms, Large Family room with gas fireplace, Large Master suite with walking closet. Nice size all Bed rooms. " Do not miss out on this opportunity " Easy to show , Just schedule for appointment.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Bayview

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1035k

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

Neighborhood: Bayview

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
Shannon Elementary School Primary Regular 343 16 6
Shannon Elementary School Middle Regular 343 16 6
Pinole Valley High School High Regular 1,205 54 4

Shannon Elementary School

  • Education Level: Primary
  • # of students: 343
  • # of teachers: 16
6
GreatSchools Rating

Shannon Elementary School

  • Education Level: Middle
  • # of students: 343
  • # of teachers: 16
6
GreatSchools Rating

Pinole Valley High School

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

$701,100$856,900$779,000

PURCHASE PRICE

$3,213$3,927$3,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,570
EXPENSES Loan Payment -$2,874
Property Tax -$935
Property Insurance -$82
HOA -$125
Property Management Fees -$175
CASH FLOW
-$621

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.

$779,000

PROJECTED PRICE

$3,570

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.7%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$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$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$212,185

INVESTMENT

$212,185

Down Payment
$194,750
Rehab Estimate
$5,750
Closing Costs
$11,685

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,874

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $194,750
Loan Amount $584,250
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$20,197

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
  • $3,713

    COMP ESTIMATED VALUE
  • $1.63

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,000
$4,000
RENT COMPS ANALYSIS
  • 660 Carlotta Cir Pinole, CA 1
    • 5 beds 3 baths ∙ 2,278 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,278 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1990 Tioga Loop Hercules, CA 2
    • 4 beds 4 baths ∙ 2,456 Sqft ∙ Built 2019 4 beds 4 baths ∙ 2,456 Sqft ∙ Built 2019
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.63
    •  
PROPERTY LISTING DETAILS
Daniel Cho
Smc Real Estate Services
BESbswy