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2110 Arrowhead Dr Oakland, CA 94611

4 Beds 3 Baths 3,178 sqft Built 2005

$1,450,000

List Price

$5,790

$5.5K - $6K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $456.26
  • 3 Days on Market
  • MLS # : CC40929201
  • Updated Date : 11/14/2020 at 11:36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,178 sqft
  • Baths : 2 full , 1 half
Listing Agent

Coldwell Banker

Listing Agent's Description

Nestled in the hills above Montclair Village, this contemporary home is a masterful mix of comfort and style. Highlights; hardwood floors, vaulted ceilings, walls of windows, sunlit spaces and tranquil wooded views. The main level features a chef's kitchen, stainless appliances, large island and overlooks the spacious family room, perfect for quiet nights in front of the fire and entertaining alike. The paved patio off the family room is an idyllic spot to work, read, enjoy your morning beverage or happy hour cocktail. Hosting formal/informal gatherings will be a breeze with the addition of a formal dining area and sophisticated secondary living room. Upstairs are four bedrooms including a master retreat with fireplace and remodeled bath and a zen, spa-like feel, full hall bath and laundry room. You will enjoy the beauty of nature while home and appreciate the proximity to Regional Parks, hiking trails, Montclair Village, HWY 13 & 24 and public transport and more.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Forestland

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $253k1238k

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

Neighborhood: Forestland

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21500200025003000350040004500Rent in $14184719

* 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
Chabot Elementary School Primary Regular 573 22 10
Hillcrest Elementary School Middle Regular 359 15 10
Oakland High School High Regular 1,515 67 5

Chabot Elementary School

  • Education Level: Primary
  • # of students: 573
  • # of teachers: 22
10
GreatSchools Rating

Hillcrest Elementary School

  • Education Level: Middle
  • # of students: 359
  • # of teachers: 15
10
GreatSchools Rating

Oakland High School

  • Education Level: High
  • # of students: 1,515
  • # of teachers: 67
5
GreatSchools Rating
 

$1,305,000$1,595,000$1,450,000

PURCHASE PRICE

$5,211$6,369$5,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,790
EXPENSES Loan Payment -$5,350
Property Tax -$1,764
Property Insurance -$104
Property Management Fees -$284
CASH FLOW
-$1,711

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.

$1,450,000

PROJECTED PRICE

$5,790

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.8%
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$3.5M$4.0M$4.5M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M$4.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$390,000

INVESTMENT

$390,000

Down Payment
$362,500
Rehab Estimate
$5,750
Closing Costs
$21,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$5,350

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $362,500
Loan Amount $1,087,500
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$9,165

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $5,790

    LIST RENT
  • $1.82

    LIST RENT PER SQFT
  • $6,102

    COMP ESTIMATED VALUE
  • $1.92

    COMP AVG. RENT PER SQFT
Comps Range
$5,790
1$5,7902$6,000
$6,000
RENT COMPS ANALYSIS
  • 2110 Arrowhead Dr Oakland, CA 1
    • 4 beds 3 baths ∙ 3,178 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,178 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $5,790
    • $1.82
    •  
  • 2817 Chelsea Dr Oakland, CA 2
    • 4 beds 3 baths ∙ 3,130 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,130 Sqft ∙ Built 1998
    LEASED 05/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $6,000
    • $1.92
    •  
PROPERTY LISTING DETAILS
Frith Wiggins
Coldwell Banker
BESbswy