Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1820 Via Amigos San Lorenzo, CA 94580

3 Beds 2 Baths 1,609 sqft Built 1955

$775,000

List Price

$2,990

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1955
  • Price/Sqft : $481.67
  • 6 Days on Market
  • MLS # : BE40931411
  • Updated Date : 12/09/2020 at 10:42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,609 sqft
  • Baths : 2 full
Listing Agent

Re/max Accord

Listing Agent's Description

Step inside this Single level home that is ready for your personal touch. Original owners added family room w/3rd bathroom for 1600 sq.ft. of living space. Dual paned windows, wall to wall carpeting, and lino flooring in kitchen and family room. (Possible hardwood floors underneath carpet). Wood burning Fireplace in living room. Dining area. Walk out to covered cement patio and fully landscaped backyard with garden tool shed. Exterior of house freshly painted 8/2020. 2 Car Garage with plenty of storage. Home does need some updating but is solid and well cared for. Close to schools and freeways.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: San Lorenzo

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1024k

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

Neighborhood: San Lorenzo

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Bay Elementary School Primary Regular 546 23 4
Bohannon Middle School Middle Regular 842 39 3
Arroyo High School High Regular 1,784 78 7

Bay Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 23
4
GreatSchools Rating

Bohannon Middle School

  • Education Level: Middle
  • # of students: 842
  • # of teachers: 39
3
GreatSchools Rating

Arroyo High School

  • Education Level: High
  • # of students: 1,784
  • # of teachers: 78
7
GreatSchools Rating
 

$697,500$852,500$775,000

PURCHASE PRICE

$2,691$3,289$2,990

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,990
EXPENSES Loan Payment -$2,859
Property Tax -$856
Property Insurance -$66
HOA -$120
Property Management Fees -$149
CASH FLOW
-$1,060

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.

$775,000

PROJECTED PRICE

$2,990

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.9%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$211,125

INVESTMENT

$211,125

Down Payment
$193,750
Rehab Estimate
$5,750
Closing Costs
$11,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,859

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $193,750
Loan Amount $581,250
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,556

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
  • $3,274

    COMP ESTIMATED VALUE
  • $2.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8753$3,0004$3,1005$3,250
$3,250
RENT COMPS ANALYSIS
  • 1820 Via Amigos San Lorenzo, CA 1
    • 3 beds 2 baths ∙ 1,609 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,609 Sqft ∙ Built 1955
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1786 Via Chorro San Lorenzo, CA 2
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1956
    LEASED 01/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,875
    • $1.96
    •  
  • 1418 Culver Pl San Lorenzo, CA 3
    • 3 beds 3 baths ∙ 1,457 Sqft ∙ Built 1972 3 beds 3 baths ∙ 1,457 Sqft ∙ Built 1972
    LEASED 09/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.06
    •  
  • 1651 Via Chorro San Lorenzo, CA 4
    • 3 beds 2 baths ∙ 1,471 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,471 Sqft ∙ Built 1955
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.11
    •  
  • Via Represa San Lorenzo, CA 5
    • 3 beds 3 baths ∙ 1,619 Sqft ∙ Built 1957 3 beds 3 baths ∙ 1,619 Sqft ∙ Built 1957
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $2.01
    •  
PROPERTY LISTING DETAILS
Wendy Brown
Re/max Accord
BESbswy