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1539 Ohara Court Clayton, CA 94517

3 Beds 2 Baths 1,436 sqft Built 1984

$699,900

List Price

$2,820

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $487.40
  • 8 Days on Market
  • MLS # : EB40932700
  • Updated Date : 01/01/2021 at 03:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,436 sqft
  • Baths : 2 full
Listing Agent

Assist-2-sell Buyers & Sellers

Listing Agent's Description

Located within walking distance of shopping, parks, and Westwood's HOA swimming pool, this single story home has 3 bedrooms and 2 baths with a private patio off the master bedroom. Home includes beautiful hardwood and tile flooring, vaulted ceilings, cozy brick fireplace, ceiling fans, upgraded bathrooms, low maintenance backyard with large side yard. Bedrooms include mirrored closet doors. Kitchen includes refaced cabinets, stainless steel appliances and breakfast bar. Move in ready!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Clayton

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Clayton

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Mt. Diablo Elementary School Primary Regular 814 30 8
Diablo View Middle School Middle Regular 664 27 8
Clayton Valley Charter High School High Regular NA

Mt. Diablo Elementary School

  • Education Level: Primary
  • # of students: 814
  • # of teachers: 30
8
GreatSchools Rating

Diablo View Middle School

  • Education Level: Middle
  • # of students: 664
  • # of teachers: 27
8
GreatSchools Rating

Clayton Valley Charter High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$629,910$769,890$699,900

PURCHASE PRICE

$2,538$3,102$2,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,820
EXPENSES Loan Payment -$2,582
Property Tax -$787
Property Insurance -$62
HOA -$115
Property Management Fees -$149
CASH FLOW
-$875

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.

$699,900

PROJECTED PRICE

$2,820

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.8%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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

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$191,224

INVESTMENT

$191,224

Down Payment
$174,975
Rehab Estimate
$5,750
Closing Costs
$10,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,582

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $174,975
Loan Amount $524,925
See What Happens When You Reinvest Cash Flow

0.83

YEARS SAVED

$2,915

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
  • $2,843

    COMP ESTIMATED VALUE
  • $1.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8953$3,0004$3,1005$3,200
$3,200
RENT COMPS ANALYSIS
  • 1539 Ohara Court Clayton, CA 1
    • 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5537 Guadalupe Ct. Concord, CA 2
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1975
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,895
    • $2.04
    •  
  • 5324 Myrtle Dr Concord, CA 3
    • 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1975
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.75
    •  
  • 1512 Terry Lynn Ln Concord, CA 4
    • 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1995
    LEASED 08/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.06
    •  
  • 5518 Kirkwood Dr Concord, CA 5
    • 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1976
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.07
    •  
PROPERTY LISTING DETAILS
Eldon Brittner
Assist-2-sell Buyers & Sellers
BESbswy