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1947 Cypress Ct Oakley, CA 94561

5 Beds 3 Baths 2,480 sqft Built 1989

$560,000

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $225.81
  • 2 Days on Market
  • MLS # : EB40930026
  • Updated Date : 11/21/2020 at 15:59
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,480 sqft
  • Baths : 3 full
Listing Agent

Homes By Delia, Inc.

Listing Agent's Description

Don't Miss Out on This Beautiful Home in a Great Court Location! 5 Bedrooms, 3 Full Bathrooms, Open Floor Plan! This Home Features Two Master Bedrooms One is Conveniently Located Downstairs Plus an Oversized Master Bedroom Upstairs, Laminate Wood Floors, Two Remodeled Bathrooms, Solar, Newer HVAC & Water Heater, Ceiling Fans, Large Laundry Room with Storage/Pantry Room, Large Attic Space, Newer Side & Rear Fences Plus Retaining Wall, Citrus Fruit Trees, No Rear Neighbors, Close to Shopping, Schools, Hwy 4, E-Bart & Hwy 160.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94561

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Zip Code: 94561

ZipNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12893193

* 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
Laurel Elementary School Primary Regular 576 23 3
O'hara Park Middle School Middle Regular 868 36 3
Freedom High School High Regular 2,550 106 5

Laurel Elementary School

  • Education Level: Primary
  • # of students: 576
  • # of teachers: 23
3
GreatSchools Rating

O'hara Park Middle School

  • Education Level: Middle
  • # of students: 868
  • # of teachers: 36
3
GreatSchools Rating

Freedom High School

  • Education Level: High
  • # of students: 2,550
  • # of teachers: 106
5
GreatSchools Rating
 

$504,000$616,000$560,000

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$2,066
Property Tax -$642
Property Insurance -$87
Property Management Fees -$149
CASH FLOW
-$144

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.

$560,000

PROJECTED PRICE

$2,800

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$154,150

INVESTMENT

$154,150

Down Payment
$140,000
Rehab Estimate
$5,750
Closing Costs
$8,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,066

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $140,000
Loan Amount $420,000
See What Happens When You Reinvest Cash Flow

5.92

YEARS SAVED

$44,418

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
  • $2,893

    COMP ESTIMATED VALUE
  • $1.17

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8003$2,8954$3,200
$3,200
RENT COMPS ANALYSIS
  • 1947 Cypress Ct Oakley, CA 1
    • 5 beds 3 baths ∙ 2,480 Sqft ∙ Built 1989 5 beds 3 baths ∙ 2,480 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1547 Rutherford Ln Oakley, CA 2
    • 5 beds 3 baths ∙ 2,426 Sqft ∙ Built 1990 5 beds 3 baths ∙ 2,426 Sqft ∙ Built 1990
    LEASED 08/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.15
    •  
  • 4558 Mirror Ct Antioch, CA 3
    • 4 beds 3 baths ∙ 2,698 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,698 Sqft ∙ Built 2001
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,895
    • $1.07
    •  
  • 115 Montevino Ct Oakley, CA 4
    • 5 beds 3 baths ∙ 2,491 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,491 Sqft ∙ Built 2005
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.28
    •  
PROPERTY LISTING DETAILS
Delia Colmenares
Homes By Delia, Inc.
BESbswy