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2225 Truman Ln Oakley, CA 94561

5 Beds 4 Baths 3,133 sqft Built 2009

$669,900

List Price

$3,150

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $213.82
  • 4 Days on Market
  • MLS # : EB40932235
  • Updated Date : 12/18/2020 at 13:31
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,133 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty One Group Elite

Listing Agent's Description

This is your Tropical Paradise waiting for you and your family. Large Rooms with and 6th Oversized Bedroom upstairs complete with a retreat. Vaulted Ceilings, Granite Counter Tops, Eat in Kitchen with a Breakfast Bar, Glass Stove Top, Tile Flooring, Corner Lot, Family Room with Gas Fireplace, Formal Dining Room, Downstairs Master, 3 Car Garage, 2 Sliding Glass Doors that Open to your Tropical Backyard with a GORGEOUS Pool and Spa. Completely Landscaped with a Private Side Yard. YOU MUST SEE THIS ONE!

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
Orchard Park School Primary Regular 784 29 5
Orchard Park School Middle Regular 784 29 5
Deer Valley High School High Regular 2,659 113 5

Orchard Park School

  • Education Level: Primary
  • # of students: 784
  • # of teachers: 29
5
GreatSchools Rating

Orchard Park School

  • Education Level: Middle
  • # of students: 784
  • # of teachers: 29
5
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 2,659
  • # of teachers: 113
5
GreatSchools Rating
 

$602,910$736,890$669,900

PURCHASE PRICE

$2,835$3,465$3,150

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,150
EXPENSES Loan Payment -$2,472
Property Tax -$758
Property Insurance -$103
Property Management Fees -$154
CASH FLOW
-$336

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.

$669,900

PROJECTED PRICE

$3,150

PROJECTED RENT

0.47%

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$2.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$183,274

INVESTMENT

$183,274

Down Payment
$167,475
Rehab Estimate
$5,750
Closing Costs
$10,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,472

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $167,475
Loan Amount $502,425
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$34,518

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,150

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $3,164

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$2,850
1$2,8502$3,1503$3,1504$3,200
$3,200
RENT COMPS ANALYSIS
  • 2225 Truman Ln Oakley, CA 3
    • 5 beds 4 baths ∙ 3,133 Sqft ∙ Built 2009 5 beds 4 baths ∙ 3,133 Sqft ∙ Built 2009
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.01
    •  
  • 1457 Paradise Ln Brentwood, CA 1
    • 5 beds 3 baths ∙ 3,129 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,129 Sqft ∙ Built 2005
    property image
    LEASED 01/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.91
    •  
  • 526 Mercury Ct Oakley, CA 2
    • 4 beds 3 baths ∙ 2,965 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,965 Sqft ∙ Built 2018
    property image
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.06
    •  
  • Aldrich St Antioch, CA 4
    • 5 beds 4 baths ∙ 3,011 Sqft ∙ Built 2016 5 beds 4 baths ∙ 3,011 Sqft ∙ Built 2016
    property image
    LEASED 12/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.06
    •  
PROPERTY LISTING DETAILS
Monaliza Phillips
Realty One Group Elite
BESbswy