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1307 Portsmouth St Oakley, CA 94561

5 Beds 3 Baths 3,361 sqft Built 2002

$700,000

List Price

$3,000

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $208.27
  • 4 Days on Market
  • MLS # : EB40929080
  • Updated Date : 11/13/2020 at 16:38
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,361 sqft
  • Baths : 3 full
Listing Agent

Realty One Group Elite

Listing Agent's Description

Do Not Miss this Beautiful home located in one of the most desired Oakley neighborhoods! This amazing property features quartz counters, SS appliances, open entry with vaulted ceilings, 5 bedroom 3 bathrooms, 3 car garage, 3361 sq ft of living space. You will love this layout. Large peaceful back yard and your very own oasis. Enjoy family fun and entertainment. Close to schools, Parks, Hwy 4 & Bart. Hurry it will not last!

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
Almond Grove Elementary School Primary Regular NA
O'hara Park Middle School Middle Regular 868 36 3
Freedom High School High Regular 2,550 106 5

Almond Grove Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
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
 

$630,000$770,000$700,000

PURCHASE PRICE

$2,700$3,300$3,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,000
EXPENSES Loan Payment -$2,583
Property Tax -$803
Property Insurance -$108
Property Management Fees -$149
CASH FLOW
-$643

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.

$700,000

PROJECTED PRICE

$3,000

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

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$191,250

INVESTMENT

$191,250

Down Payment
$175,000
Rehab Estimate
$5,750
Closing Costs
$10,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,583

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $175,000
Loan Amount $525,000
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$13,453

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
  • $3,193

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8503$3,2004$3,3005$3,750
$3,750
RENT COMPS ANALYSIS
  • 1307 Portsmouth St Oakley, CA 1
    • 5 beds 3 baths ∙ 3,361 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,361 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1457 Paradise Ln Brentwood, CA 2
    • 5 beds 3 baths ∙ 3,129 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,129 Sqft ∙ Built 2005
    LEASED 01/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.91
    •  
  • 1813 Moreau Way Brentwood, CA 3
    • 4 beds 3 baths ∙ 3,302 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,302 Sqft ∙ Built 2004
    LEASED 08/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $0.97
    •  
  • 116 Mira Vista Dr Oakley, CA 4
    • 5 beds 4 baths ∙ 3,683 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,683 Sqft ∙ Built 2005
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.90
    •  
  • 2715 Cathedral Cir Brentwood, CA 5
    • 5 beds 4 baths ∙ 3,664 Sqft ∙ Built 2004 5 beds 4 baths ∙ 3,664 Sqft ∙ Built 2004
    LEASED 02/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $1.02
    •  
PROPERTY LISTING DETAILS
Angela Pena
Realty One Group Elite
BESbswy