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664 Santa Maria Road El Sobrante, CA 94803

3 Beds 1 Baths 1,170 sqft Built 1946

INVESTimate

$579,999

List Price

$2,310

$2,079 - $2,541

Rent Est.

$636,781  ( +9.79%)   1 YR EST. FORECAST

PROPERTY INFO

August 23, 2020 RECENTLY ADDED
FACTS
  • Built In 1946
  • Price/Sqft : $495.73
  • 4 Days on Market
  • MLS # : MR40917960
  • Updated Date : 08/23/2020 at 05:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,170 sqft
  • Baths : 1 full
Listing Agent

Remax Prestigious Properties

Listing Agent's Description

Well maintained 3 BDR Home with 1 bath. It has an attached 2 car garage, and an additional detached (30x24) Garage with a workshop located in the back of the house, with newly installed roof. Large Lot for possible RV/Boat parking. Features a Custom Deck with "Hotspring" jacuzzi. The house has Shaw wood flooring, crown moldings, granite kitchen countertops, with stainless steel appliances. Remodelled bathroom with "Neorest" Toto washlet Bidet installed. Security system for the whole house and the front and backyard. Truly a must see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: El Sobrante

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: El Sobrante

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
Murphy Elementary School Primary Regular 489 22 5
Murphy Elementary School Middle Regular 489 22 5
De Anza High School High Regular 1,263 54 3

Murphy Elementary School

  • Education Level: Primary
  • # of students: 489
  • # of teachers: 22
5
GreatSchools Rating

Murphy Elementary School

  • Education Level: Middle
  • # of students: 489
  • # of teachers: 22
5
GreatSchools Rating

De Anza High School

  • Education Level: High
  • # of students: 1,263
  • # of teachers: 54
3
GreatSchools Rating
 

$521,999$637,999$579,999

PURCHASE PRICE

$2,079$2,541$2,310

RENT

DOWN PAYMENT
FINANCING

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-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,310
EXPENSES Loan Payment -$2,140
Property Tax -$698
Property Insurance -$55
Property Management Fees -$149
CASH FLOW
-$732

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.

$579,999

PROJECTED PRICE

$2,310

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.79%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$159,450

INVESTMENT

$159,450

Down Payment
$145,000
Rehab Estimate
$5,750
Closing Costs
$8,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,140

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $145,000
Loan Amount $434,999
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$3,722

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
  • $2,465

    COMP ESTIMATED VALUE
  • $2.11

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,4004$2,795
$2,795
RENT COMPS ANALYSIS
  • 664 Santa Maria Road El Sobrante, 1
    • 3 beds 1 baths ∙ 1,170 Sqft ∙ Built 1946 3 beds 1 baths ∙ 1,170 Sqft ∙ Built 1946
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3136 Deseret Dr Richmond, 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
    •  
  • 2410 Greenwood Dr San Pablo, 3
    • 3 beds 1 baths ∙ 1,112 Sqft ∙ Built 1943 3 beds 1 baths ∙ 1,112 Sqft ∙ Built 1943
    LEASED 03/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $2.16
    •  
  • 2901 Canterbury Dr Richmond, 4
    • 3 beds 2 baths ∙ 1,301 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,301 Sqft ∙ Built 1963
    LEASED 03/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $2.15
    •  
PROPERTY LISTING DETAILS
Gina Moral
Remax Prestigious Properties
BESbswy