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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1978
- Price/Sqft : $297.73
- 5 Days on Market
- MLS # : EB40931294
- Updated Date : 12/12/2020 at 13:25
CONSTRUCTION
- Beds : 4
- Floor Size : 1,676 sqft
- Baths : 2 full
Listing Agent
Corcoran Global Living
Listing Agent's Description
Beautiful Single Story Home! This is a must see home Formal dining room eat in kitchen, Kitchen family room combo. Berber carpet in living room, tile through out Inside laundry. HVAC replaced in 2013. Covered patio with two side yards! One with room for boat or trailer. Low maintenance front and back yard with storage shed. Nice Neighborhood. This is what you have been looking for!
SEE MORE
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 | $2,340 |
| EXPENSES | Loan Payment | -$1,841 |
| Property Tax | -$572 | |
| Property Insurance | -$68 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$290
|
||
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.
$499,000
PROJECTED PRICE
$2,340
PROJECTED RENT
0.47%
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
$137,985
LOAN DETAILS
$1,841
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $124,750 |
| Loan Amount | $374,250 |
4.33
YEARS SAVED
$25,040
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,340
LIST RENT -
$1.4
LIST RENT PER SQFT
-
$2,413
COMP ESTIMATED VALUE -
$1.44
COMP AVG. RENT PER SQFT
Comps Range
-
1940 Gamay Dr Oakley, CA 2
- 4 beds 2 baths ∙ 1,676 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,676 Sqft ∙ Built 1978
![property image]()
- Rent
- Rent Per SQFT
- $2,340
- $1.40
-
861 Walnut Dr Oakley, CA 1
- 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1982
![property image]()
LEASED 07/20/19- Rent
- Rent Per SQFT
- $2,195
- $1.48
-
4581 El Monte Ct Oakley, CA 3
- 3 beds 2 baths ∙ 1,705 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,705 Sqft ∙ Built 1992
![property image]()
LEASED 08/30/19- Rent
- Rent Per SQFT
- $2,400
- $1.41
-
2209 Ventnor Ln Oakley, CA 4
- 3 beds 3 baths ∙ 1,764 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,764 Sqft ∙ Built 1992
![property image]()
LEASED 10/10/20- Rent
- Rent Per SQFT
- $2,500
- $1.42
-
4109 Richard Way Oakley, CA 5
- 3 beds 3 baths ∙ 1,792 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,792 Sqft ∙ Built 1992
![property image]()
LEASED 12/02/19- Rent
- Rent Per SQFT
- $2,600
- $1.45
PROPERTY LISTING DETAILS
Corcoran Global Living
