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120 Little Ranch Cir Oakley, CA 94561

5 Beds 3 Baths 3,464 sqft Built 2008

$780,000

List Price

$3,360

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $225.17
  • 4 Days on Market
  • MLS # : EB40930018
  • Updated Date : 11/28/2020 at 16:39
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,464 sqft
  • Baths : 3 full
Listing Agent

Corcoran Global Living

Listing Agent's Description

Fabulous Features!! Swimming Pool, Downstairs Primary Suite, & Solar...did that peak your interest? Want Privacy? Wait until you see this gorgeous lot! 3 car garage, wonderful versatile floor plan that opens to a dreamy back yard playland! You'll never have to leave! Room to roam inside and out! 2nd Bedroom & Bathroom downstairs privately situated off the gorgeous entry. Freshly painted interior ready for your personal touch!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South Oakley

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: South Oakley

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12893193

* 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
Gehringer Elementary School Primary Regular 718 27 4
O'hara Park Middle School Middle Regular 868 36 3
Freedom High School High Regular 2,550 106 5

Gehringer Elementary School

  • Education Level: Primary
  • # of students: 718
  • # of teachers: 27
4
GreatSchools Rating

O'hara Park Middle School

  • Education Level: Middle
  • # of students: 868
  • # of teachers: 36
3
GreatSchools Rating

Freedom High School

  • Education Level: High
  • # of students: 2,550
  • # of teachers: 106
5
GreatSchools Rating
 

$702,000$858,000$780,000

PURCHASE PRICE

$3,024$3,696$3,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,360
EXPENSES Loan Payment -$2,878
Property Tax -$829
Property Insurance -$111
Property Management Fees -$165
CASH FLOW
-$622

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.

$780,000

PROJECTED PRICE

$3,360

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.7%
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-$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$212,450

INVESTMENT

$212,450

Down Payment
$195,000
Rehab Estimate
$5,750
Closing Costs
$11,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,878

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $195,000
Loan Amount $585,000
See What Happens When You Reinvest Cash Flow

2.92

YEARS SAVED

$21,301

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
  • $3,620

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3003$3,7504$3,7995$3,995
$3,995
RENT COMPS ANALYSIS
  • 120 Little Ranch Cir Oakley, CA 1
    • 5 beds 3 baths ∙ 3,464 Sqft ∙ Built 2008 5 beds 3 baths ∙ 3,464 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 116 Mira Vista Dr Oakley, CA 2
    • 5 beds 4 baths ∙ 3,683 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,683 Sqft ∙ Built 2005
    property image
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.90
    •  
  • 2715 Cathedral Cir Brentwood, CA 3
    • 5 beds 4 baths ∙ 3,664 Sqft ∙ Built 2004 5 beds 4 baths ∙ 3,664 Sqft ∙ Built 2004
    property image
    LEASED 02/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $1.02
    •  
  • 27 Rustic Ct Oakley, CA 4
    • 5 beds 3 baths ∙ 3,282 Sqft ∙ Built 2015 5 beds 3 baths ∙ 3,282 Sqft ∙ Built 2015
    property image
    LEASED 11/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,799
    • $1.16
    •  
  • 2292 Vision Ln Brentwood, CA 5
    • 5 beds 4 baths ∙ 3,620 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,620 Sqft ∙ Built 2005
    property image
    LEASED 07/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.10
    •  
PROPERTY LISTING DETAILS
Julie Hanson
Corcoran Global Living
BESbswy