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1495 Timothy Dr San Leandro, CA 94577

3 Beds 1 Baths 1,015 sqft Built 1944

INVESTimate

$649,450

List Price

$2,890

$2,640 - $3,140

Rent Est.

$727,059  ( +11.95%)   1 YR EST. FORECAST

PROPERTY INFO

August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 1944
  • Price/Sqft : $639.85
  • 5 Days on Market
  • MLS # : CC40917912
  • Updated Date : 08/23/2020 at 11:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,015 sqft
  • Baths : 1 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Corner lot home that is close to schools, Bart, shopping, Freeway and what more could you ask for? This one story home has a recently updated with quartz marble countertops and flooring throughout and has brand new kitchen appliances. Very long driveway with one car garage and also possible RV parking. Some pictures have been digitally staged.

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PRICE & RENT TRENDS

Neighborhood: Davis West-Timothy Drive

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $192k1026k

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

Neighborhood: Davis West-Timothy Drive

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12903193

* 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
 

$584,505$714,395$649,450

PURCHASE PRICE

$2,601$3,179$2,890

RENT

DOWN PAYMENT
FINANCING

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,890
EXPENSES Loan Payment -$2,396
Property Tax -$741
Property Insurance -$52
Property Management Fees -$149
CASH FLOW
-$448

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.

$649,450

PROJECTED PRICE

$2,890

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.95%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$177,854

INVESTMENT

$177,854

Down Payment
$162,363
Rehab Estimate
$5,750
Closing Costs
$9,742

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,396

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,363
Loan Amount $487,088
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$23,336

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
  • $3,278

    COMP ESTIMATED VALUE
  • $3.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,0003$3,500
$3,500
RENT COMPS ANALYSIS
  • 1495 Timothy Dr San Leandro, 1
    • 3 beds 1 baths ∙ 1,015 Sqft ∙ Built 1944 3 beds 1 baths ∙ 1,015 Sqft ∙ Built 1944
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 424 Darien Ave Oakland, 2
    • 3 beds 1 baths ∙ 784 Sqft ∙ Built 1942 3 beds 1 baths ∙ 784 Sqft ∙ Built 1942
    property image
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $3.83
    •  
  • 1975 Trombas Ave San Leandro, 3
    • 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1943 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1943
    property image
    LEASED 05/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.63
    •  
PROPERTY LISTING DETAILS
Donald Williams
Keller Williams Realty
BESbswy