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1312 Portsmouth St. Oakley, CA 94561

4 Beds 3 Baths 3,361 sqft Built 2003

$715,000

List Price

$3,030

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 2003
  • Price/Sqft : $212.73
  • 2 Days on Market
  • MLS # : MR40927170
  • Updated Date : 11/02/2020 at 18:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,361 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

This like new two story home is in a great neighborhood. This house comes with a maintenance free low cost pool. This large 4 bedroom home is great for any large family and entertaining. It has a great game room as well as a HUGE KITCHEN. COME SEE FOR YOURSELF.

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
 

$643,500$786,500$715,000

PURCHASE PRICE

$2,727$3,333$3,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,030
EXPENSES Loan Payment -$2,638
Property Tax -$820
Property Insurance -$108
Property Management Fees -$149
CASH FLOW
-$685

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.

$715,000

PROJECTED PRICE

$3,030

PROJECTED RENT

0.42%

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-$15k-$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$195,225

INVESTMENT

$195,225

Down Payment
$178,750
Rehab Estimate
$5,750
Closing Costs
$10,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,638

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $178,750
Loan Amount $536,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$11,875

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
  • 1312 Portsmouth St. Oakley, CA 1
    • 4 beds 3 baths ∙ 3,361 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,361 Sqft ∙ Built 2003
    • 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
Ryan Peterson
Keller Williams Realty
BESbswy