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17896 Rockhurst Rd Castro Valley, CA 94546

3 Beds 2 Baths 1,351 sqft Built 1960

$879,950

List Price

$3,020

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 04, 2020 RECENTLY ADDED
FACTS
  • Built In 1960
  • Price/Sqft : $651.33
  • 5 Days on Market
  • MLS # : BE40926133
  • Updated Date : 11/06/2020 at 20:16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,351 sqft
  • Baths : 2 full
Listing Agent

Catrina R.e. & Investments

Listing Agent's Description

Spectacular Upper Castro Valley Home. A "10+" Close To The Highly Sought After Award Winning Proctor Elementary School. This Single Story 3 Bedroom - 2 Bath Home Has Been Beautifully Upgraded Throughout With A High End Kitchen, Updated Bathrooms, Hardwood Flooring, Decorative Fireplace, Newer Roof, And So Much More. Beautiful Low Maintenance Landscaped Front And Backyard.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Northeast Castro Valley

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Northeast Castro Valley

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
Proctor Elementary School Primary Regular 532 22 9
Canyon Middle School Middle Regular 1,400 59 7
Castro Valley High School High Regular 2,977 119 9

Proctor Elementary School

  • Education Level: Primary
  • # of students: 532
  • # of teachers: 22
9
GreatSchools Rating

Canyon Middle School

  • Education Level: Middle
  • # of students: 1,400
  • # of teachers: 59
7
GreatSchools Rating

Castro Valley High School

  • Education Level: High
  • # of students: 2,977
  • # of teachers: 119
9
GreatSchools Rating
 

$791,955$967,945$879,950

PURCHASE PRICE

$2,718$3,322$3,020

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,020
EXPENSES Loan Payment -$3,247
Property Tax -$982
Property Insurance -$60
Property Management Fees -$149
CASH FLOW
-$1,417

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.

$879,950

PROJECTED PRICE

$3,020

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.7%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$238,937

INVESTMENT

$238,937

Down Payment
$219,988
Rehab Estimate
$5,750
Closing Costs
$13,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$3,247

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $219,988
Loan Amount $659,963
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$178

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,020

    LIST RENT
  • $2.24

    LIST RENT PER SQFT
  • $3,036

    COMP ESTIMATED VALUE
  • $2.25

    COMP AVG. RENT PER SQFT
Comps Range
$3,020
1$3,0202$3,2003$3,2004$3,3505$4,000
$4,000
RENT COMPS ANALYSIS
  • 17896 Rockhurst Rd Castro Valley, CA 1
    • 3 beds 2 baths ∙ 1,351 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,351 Sqft ∙ Built 1960
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,020
    • $2.24
    •  
  • 20073 Center St Castro Valley, CA 2
    • 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947
    property image
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.92
    •  
  • 4175 Veronica Avenue Castro Valley, CA 3
    • 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1957
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.41
    •  
  • 4645 Alma Ave Castro Valley, CA 4
    • 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1947 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1947
    property image
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.30
    •  
  • 18660 Almond Rd Castro Valley, CA 5
    • 3 beds 2 baths ∙ 1,693 Sqft ∙ Built 1940 3 beds 2 baths ∙ 1,693 Sqft ∙ Built 1940
    property image
    LEASED 08/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $2.36
    •  
PROPERTY LISTING DETAILS
Otto Catrina
Catrina R.e. & Investments
BESbswy