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PROPERTY INFO
FACTS
- Single Family
- Built In 1955
- Price/Sqft : $521.02
- 4 Days on Market
- MLS # : BE40930955
- Updated Date : 12/03/2020 at 15:05
CONSTRUCTION
- Beds : 4
- Floor Size : 1,879 sqft
- Baths : 3 full
Listing Agent
Yager Realty Of California
Listing Agent's Description
Beautifully Fully Remodeled Bay-O-Vista! Close to 1900 Sq. ft. of living space. 3 Bed 2 Bath upstairs and 1 Bedroom unit with separate entrance and Kitchen/bath Downstairs (Excellent opportunity to get rental income). Downstairs addition permits unknown Buyer to verify the exact square footage and permits If needed. Whole house features new windows/stucco/paint inside and outside. New Garage door. New Vinyl plank laminate with new baseboards. Elegant modern kitchen features New Quartz counters, New Cabinet, New appliances. You'll love this sun drenched open floor plan with view of Bay and beautiful landscaped backyard with new sprinkler system. All Baths remodeled with new fixtures and tiles. Large new wood deck leads to rear yard & lawn. Located near the parks & trails of Lake Chabot, the Bay-o-Vista Swim & Tennis club, shopping, restaurants & e-z commute for folks going to San Francisco & Oakland! A Place You'll be proud to call home!
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PRICE & RENT TRENDS
Neighborhood: Bay-O-Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Bay-O-Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,380 |
| EXPENSES | Loan Payment | -$3,612 |
| Property Tax | -$1,050 | |
| Property Insurance | -$72 | |
| Property Management Fees | -$166 | |
|
CASH FLOW
-$1,521
|
||
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.
$979,000
PROJECTED PRICE
$3,380
PROJECTED RENT
0.35%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 7.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| 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
$265,185
LOAN DETAILS
$3,612
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $244,750 |
| Loan Amount | $734,250 |
0.25
YEARS SAVED
$359
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$3,204
COMP ESTIMATED VALUE -
$1.71
COMP AVG. RENT PER SQFT
Comps Range
-
1247 Benedict Ct San Leandro, CA 1
- 4 beds 3 baths ∙ 1,879 Sqft ∙ Built 1955 4 beds 3 baths ∙ 1,879 Sqft ∙ Built 1955
- Rent
- Rent Per SQFT
- $0
- $0.00
-
Benedict Dr San Leandro, CA 2
- 3 beds 3 baths ∙ 2,200 Sqft ∙ Built 1939 3 beds 3 baths ∙ 2,200 Sqft ∙ Built 1939
LEASED 06/21/19- Rent
- Rent Per SQFT
- $3,200
- $1.45
-
1750 Benedict Dr San Leandro, CA 3
- 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 1955
LEASED 09/27/19- Rent
- Rent Per SQFT
- $3,400
- $1.96
PROPERTY LISTING DETAILS
Yager Realty Of California
