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PROPERTY INFO
FACTS
- Single Family
- Built In 1974
- Price/Sqft : $374.06
- 4 Days on Market
- MLS # : CC40932230
- Updated Date : 12/18/2020 at 18:52
CONSTRUCTION
- Beds : 3
- Floor Size : 1,176 sqft
- Baths : 2 full
Listing Agent
Luxe Realty Group
Listing Agent's Description
Charming Family Home in the heart of Oakley. This beautiful 3/2 has been fully remodeled from the ground up with Life Proof flooring, new windows, gorgeous open kitchen with brand new SS appliances and quartz counter tops, custom tile finishes in the kitchen and bathrooms. The backyard is a blank canvas ready for anything you can dream up. Family oriented neighborhood with wonderful neighbors, walking distance to shops, transportation, grocery. This beautiful home marks all the boxes, all it needs is you.
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PRICE & RENT TRENDS
Zip Code: 94561
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94561
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,160 |
| EXPENSES | Loan Payment | -$1,623 |
| Property Tax | -$492 | |
| Property Insurance | -$56 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$160
|
||
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.
$439,900
PROJECTED PRICE
$2,160
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$122,324
LOAN DETAILS
$1,623
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $109,975 |
| Loan Amount | $329,925 |
5.67
YEARS SAVED
$33,144
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,160
LIST RENT -
$1.84
LIST RENT PER SQFT
-
$1,846
COMP ESTIMATED VALUE -
$1.57
COMP AVG. RENT PER SQFT
Comps Range
-
1780 Edgewood Dr Oakley, CA 1
- 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1974
- Rent
- Rent Per SQFT
- $2,160
- $1.84
-
861 Walnut Dr Oakley, CA 2
- 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1982
LEASED 07/20/19- Rent
- Rent Per SQFT
- $2,195
- $1.48
-
Waterford Ct Oakley, CA 3
- 3 beds 3 baths ∙ 1,487 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,487 Sqft ∙ Built 1993
LEASED 11/01/20- Rent
- Rent Per SQFT
- $2,475
- $1.66
PROPERTY LISTING DETAILS
Luxe Realty Group
