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8485 Pinehollow Cir Discovery Bay, CA 94505

4 Beds 3 Baths 2,702 sqft Built 2014

$638,000

List Price

$2,830

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 2014
  • Price/Sqft : $236.12
  • 3 Days on Market
  • MLS # : MR40927778
  • Updated Date : 11/02/2020 at 11:45
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,702 sqft
  • Baths : 3 full
Listing Agent

Pathmark Realty Corporation

Listing Agent's Description

THE LAKES GATED COMMUNITY. Inviting open floor plan offers 2702 sq ft of living space and 4 spacious Bedrooms and 3 Full Baths w/Tile floors. Main level w/1 Bed & Bath. Bonus room/possible 5th bedroom upstairs. Updated laminated floor on main level. Family Room w/Gas Fireplace. Gourmet Kitchen w/Tile Floor, Espresso Cabinets, Granite Slab Counters w/Subway Tile back splash, Large Center Island w/eat at bar + Dining area, Pantry, Stainless Steel Whirlpool appliances include: 5 Burner Gas Stove, Oven, Microwave, Dishwasher & Refrigerator. Large Master Suite w/Custom Barn door to bath which includes: Dual Vanity Sinks, Sunken Soaking Tub & Stall Shower. Upper Laundry room w/extra storage. Window Blinds. California room & Gas Fireplace w/raised Stone Hearth, Cement Patio w/Designer Brick Inlay. Landscaped Front & Backyard. Tandem 3 Car. Next to Community Park/Lake, Playground, Tennis Court and guest parking.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Lakes

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: The Lakes

ZipNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14643193

* 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
Knightsen Elementary School Primary Regular 532 23 3
Knightsen Elementary School Middle Regular 532 23 3
Liberty High School High Magnet 2,520 106 7

Knightsen Elementary School

  • Education Level: Primary
  • # of students: 532
  • # of teachers: 23
3
GreatSchools Rating

Knightsen Elementary School

  • Education Level: Middle
  • # of students: 532
  • # of teachers: 23
3
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,520
  • # of teachers: 106
7
GreatSchools Rating
 

$574,200$701,800$638,000

PURCHASE PRICE

$2,547$3,113$2,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,830
EXPENSES Loan Payment -$2,354
Property Tax -$726
Property Insurance -$92
HOA -$175
Property Management Fees -$149
CASH FLOW
-$666

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.

$638,000

PROJECTED PRICE

$2,830

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.8%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$174,820

INVESTMENT

$174,820

Down Payment
$159,500
Rehab Estimate
$5,750
Closing Costs
$9,570

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,354

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $159,500
Loan Amount $478,500
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$7,954

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
  • $2,817

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7003$2,8004$2,8505$2,850
$2,850
RENT COMPS ANALYSIS
  • 8485 Pinehollow Cir Discovery Bay, CA 1
    • 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2419 Aberdeen Ln Discovery Bay, CA 2
    • 5 beds 3 baths ∙ 2,672 Sqft ∙ Built 2002 5 beds 3 baths ∙ 2,672 Sqft ∙ Built 2002
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.01
    •  
  • 536 Livingston Ct Discovery Bay, CA 3
    • 3 beds 3 baths ∙ 2,725 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,725 Sqft ∙ Built 2006
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.03
    •  
  • 2370 Cambridge Dr Discovery Bay, CA 4
    • 4 beds 3 baths ∙ 2,672 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,672 Sqft ∙ Built 2002
    LEASED 01/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.07
    •  
  • 643 Merritt Ct Discovery Bay, CA 5
    • 3 beds 3 baths ∙ 2,698 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,698 Sqft ∙ Built 2005
    LEASED 10/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.06
    •  
PROPERTY LISTING DETAILS
Lad Rapiz Jr
Pathmark Realty Corporation
BESbswy