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13895 Sausalito Rd San Leandro, CA 94577

4 Beds 2 Baths 1,466 sqft Built 1961

$818,000

List Price

$3,160

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

October 28, 2020 RECENTLY ADDED
FACTS
  • Built In 1961
  • Price/Sqft : $557.98
  • 7 Days on Market
  • MLS # : BE40927230
  • Updated Date : 11/02/2020 at 20:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,466 sqft
  • Baths : 2 full
Listing Agent

Realty Bonanza Inc

Listing Agent's Description

Nice neighbors, conveniently located house near San Leandro Marina, golf course, San Francisco Bay Trail, Kaiser Permanente, supermarkets, restaurants and shopping centers.New painting in and out, New laminate flooring, Clean kitchen with electric stove and dishwasher, Double pane windows, Fire place in dinning area. Bathtub with spa jets in second bathroom, Near to school, Patio cover in backyard. Variety of fruit trees: Apricot, Apple, Lemon and Roses. Easy access to I-880, SR 92 to San Francisco and San Jose. Thank you .

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Marina Faire

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1041k

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

Neighborhood: Marina Faire

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Garfield Elementary School Primary Regular 418 19 3
John Muir Middle School Middle Regular 962 44 3
San Leandro High School High Regular 2,601 119 4

Garfield Elementary School

  • Education Level: Primary
  • # of students: 418
  • # of teachers: 19
3
GreatSchools Rating

John Muir Middle School

  • Education Level: Middle
  • # of students: 962
  • # of teachers: 44
3
GreatSchools Rating

San Leandro High School

  • Education Level: High
  • # of students: 2,601
  • # of teachers: 119
4
GreatSchools Rating
 

$736,200$899,800$818,000

PURCHASE PRICE

$2,844$3,476$3,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,160
EXPENSES Loan Payment -$3,018
Property Tax -$929
Property Insurance -$63
Property Management Fees -$155
CASH FLOW
-$1,005

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.

$818,000

PROJECTED PRICE

$3,160

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.0%
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-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

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$222,520

INVESTMENT

$222,520

Down Payment
$204,500
Rehab Estimate
$5,750
Closing Costs
$12,270

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,018

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $204,500
Loan Amount $613,500
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$4,734

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,160

    LIST RENT
  • $2.16

    LIST RENT PER SQFT
  • $3,137

    COMP ESTIMATED VALUE
  • $2.14

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,1603$3,600
$3,600
RENT COMPS ANALYSIS
  • 13895 Sausalito Rd San Leandro, CA 2
    • 4 beds 2 baths ∙ 1,466 Sqft ∙ Built 1961 4 beds 2 baths ∙ 1,466 Sqft ∙ Built 1961
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,160
    • $2.16
    •  
  • 15503 Montreal St San Leandro, CA 1
    • 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1960
    property image
    LEASED 02/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.11
    •  
  • Dayton Ct San Leandro, CA 3
    • 3 beds 2 baths ∙ 1,656 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,656 Sqft ∙ Built 1977
    property image
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $2.17
    •  
PROPERTY LISTING DETAILS
William Nguyen
Realty Bonanza Inc
BESbswy