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PROPERTY INFO
FACTS
- Single Family
- Built In 1960
- Price/Sqft : $631.77
- 7 Days on Market
- MLS # : BE40932500
- Updated Date : 12/23/2020 at 18:33
CONSTRUCTION
- Beds : 2
- Floor Size : 1,385 sqft
- Baths : 2 full
Listing Agent
Flat Rate Realty
Listing Agent's Description
Your Cozy Hideaway in Castro Valley with Room To Expand. 2Bed 2Bath, with Formal Living Room, Over-Sized Eat-in Kitchen, and Family Room with Fireplace, Private Driveway, on a .27 Acre Lot! New Interior and Exterior Paint, New Laminate Flooring Throughout, Updated Bathrooms, Central Heating, Dual Pane Windows, and Extended Driveway For Multiple Vehicles. Huge Potential for Room Addition and/or ADU. (Please Verify with County). Easy Distance to Great Schools, and Minutes To Downtown, The Local BART Station, and Highways 238 and 580.
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PRICE & RENT TRENDS
Neighborhood: West Castro Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: West Castro Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,010 |
| EXPENSES | Loan Payment | -$3,228 |
| Property Tax | -$976 | |
| Property Insurance | -$61 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$1,404
|
||
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.
$875,000
PROJECTED PRICE
$3,010
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| 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
$237,625
LOAN DETAILS
$3,228
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $218,750 |
| Loan Amount | $656,250 |
0.25
YEARS SAVED
$207
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
-
$3,040
COMP ESTIMATED VALUE -
$2.2
COMP AVG. RENT PER SQFT
Comps Range
-
19065 Carlton Ave Castro Valley, CA 1
- 2 beds 2 baths ∙ 1,385 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,385 Sqft ∙ Built 1960
- Rent
- Rent Per SQFT
- $0
- $0.00
-
14921 Donald Ave San Leandro, CA 2
- 2 beds 1 baths ∙ 1,128 Sqft ∙ Built 1947 2 beds 1 baths ∙ 1,128 Sqft ∙ Built 1947
LEASED 02/22/20- Rent
- Rent Per SQFT
- $2,700
- $2.39
-
1520 172nd Ave Hayward, CA 3
- 2 beds 2 baths ∙ 1,425 Sqft ∙ Built 1946 2 beds 2 baths ∙ 1,425 Sqft ∙ Built 1946
LEASED 07/15/19- Rent
- Rent Per SQFT
- $2,850
- $2.00
PROPERTY LISTING DETAILS
Flat Rate Realty
