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1446 Leonard Dr San Leandro, CA 94577

3 Beds 1 Baths 1,487 sqft Built 1953

$689,950

List Price

$3,200

$3K - $3.5K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 1953
  • Price/Sqft : $463.99
  • 4 Days on Market
  • MLS # : ML81818920
  • Updated Date : 11/05/2020 at 08:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,487 sqft
  • Baths : 1 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Such a lovely home! A spacious 3 bedroom with new flooring throughout. Open kitchen terraces into a large family room. Very cozy covered patio in rear. Large formal living room. Separate laundry room. Fresh paint, both interior and exterior. New lighting. Large storage shed in rear. Great curb appeal. In a very nice neighborhood, near community park, Kaiser and shopping. Easy 880 access.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Eastshore-Davis Street

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1026k

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

Neighborhood: Eastshore-Davis Street

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13413193

* 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
Woodrow Wilson Elementary School Primary Regular 734 26 5
John Muir Middle School Middle Regular 962 44 3
San Leandro High School High Regular 2,601 119 4

Woodrow Wilson Elementary School

  • Education Level: Primary
  • # of students: 734
  • # of teachers: 26
5
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
 

$620,955$758,945$689,950

PURCHASE PRICE

$2,880$3,520$3,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,200
EXPENSES Loan Payment -$2,546
Property Tax -$787
Property Insurance -$63
Property Management Fees -$157
CASH FLOW
-$353

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.

$689,950

PROJECTED PRICE

$3,200

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.9%
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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$188,587

INVESTMENT

$188,587

Down Payment
$172,488
Rehab Estimate
$5,750
Closing Costs
$10,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,546

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $172,488
Loan Amount $517,463
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$35,148

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
  • $3,911

    COMP ESTIMATED VALUE
  • $2.63

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,500
$3,500
RENT COMPS ANALYSIS
  • 1446 Leonard Dr San Leandro, CA 1
    • 3 beds 1 baths ∙ 1,487 Sqft ∙ Built 1953 3 beds 1 baths ∙ 1,487 Sqft ∙ Built 1953
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1975 Trombas Ave San Leandro, CA 2
    • 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1943 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1943
    LEASED 05/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.63
    •  
PROPERTY LISTING DETAILS
Everett Eslinger
Coldwell Banker Realty
BESbswy