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15 Gary Ct Oakley, CA 94561

5 Beds 3 Baths 2,571 sqft Built 2009

$640,900

List Price

$2,860

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $249.28
  • 3 Days on Market
  • MLS # : CC40934407
  • Updated Date : 01/15/2021 at 21:47
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,571 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty Of California Inc.

Listing Agent's Description

Vaulted Ceilings, Granite Counter Tops, Eat in Kitchen with a Breakfast Bar, Master Suite is on the entry level! Family Room with Gas Fireplace, Formal Dining Room, and 3 Car Garage. Beautiful, low maintenance rear yard with covered patio (and ceiling fans) for summer BBQ's, and Dog Run. Private cul-de-sac location with possible RV/Boat parking on long driveway. Crockett Park with BB, tennis courts, play structures and more close by. Minutes from Highway 4, and under 4 miles to the new Antioch BART station - ideal for commuters.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94561

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Zip Code: 94561

ZipNIR 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
Orchard Park School Primary Regular 784 29 5
Orchard Park School Middle Regular 784 29 5
Deer Valley High School High Regular 2,659 113 5

Orchard Park School

  • Education Level: Primary
  • # of students: 784
  • # of teachers: 29
5
GreatSchools Rating

Orchard Park School

  • Education Level: Middle
  • # of students: 784
  • # of teachers: 29
5
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 2,659
  • # of teachers: 113
5
GreatSchools Rating
 

$576,810$704,990$640,900

PURCHASE PRICE

$2,574$3,146$2,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,860
EXPENSES Loan Payment -$2,226
Property Tax -$725
Property Insurance -$89
Property Management Fees -$149
CASH FLOW
-$329

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.

$640,900

PROJECTED PRICE

$2,860

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.6%
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-$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$175,589

INVESTMENT

$175,589

Down Payment
$160,225
Rehab Estimate
$5,750
Closing Costs
$9,614

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,226

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $160,225
Loan Amount $480,675
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$25,323

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,860

    LIST RENT
  • $1.11

    LIST RENT PER SQFT
  • $3,149

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$2,550
1$2,5502$2,8503$2,8604$2,9505$3,200
$3,200
RENT COMPS ANALYSIS
  • 15 Gary Ct Oakley, CA 3
    • 5 beds 3 baths ∙ 2,571 Sqft ∙ Built 2009 5 beds 3 baths ∙ 2,571 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $2,860
    • $1.11
    •  
  • 4611 Le Conte Cir Antioch, CA 1
    • 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 2010
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $1.11
    •  
  • 4509 Buckeye Ct Antioch, CA 2
    • 5 beds 3 baths ∙ 2,400 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,400 Sqft ∙ Built 2000
    LEASED 09/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.19
    •  
  • 4639 Glasgow Ct Antioch, CA 4
    • 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 2012
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.32
    •  
  • 115 Montevino Ct Oakley, CA 5
    • 5 beds 3 baths ∙ 2,491 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,491 Sqft ∙ Built 2005
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.28
    •  
PROPERTY LISTING DETAILS
Rebeca Nava-gamon
Exp Realty Of California Inc.
BESbswy