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24 Archery 
El Sobrante, CA
94803
3 Beds 3 Baths 2,078 sqft
Built 1963
INVESTimate
$749,000
List Price
$204,235
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PROPERTY INFO
FACTS
- Built In 1963
- Price/Sqft : $360.44
- 2 Days on Market
- MLS # : EB40918096
- Updated Date : 08/25/2020 at 11:01
CONSTRUCTION
- Beds : 3
- Floor Size : 2,078 sqft
- Baths : 3 full
Listing Agent
Compass
Listing Agent's Description
Nestled on a peaceful, sunny El Sobrante cul de sac, discover 24 Archery Ct. This meticulously updated, elegantly appointed bungalow abounds with amenities that will delight the senses at every turn. Hand cut marble tile and counter tops in the kitchen illuminated with natural light from the wall of windows and skylight in the living room. Each generous bedroom is en suite with luxurious David Mast inspired updated bathrooms featuring custom built vanities and brilliant pebble tiles. The sunken pebble tile bathtub in the master bedroom suite will become your spa at home. And don't worry about running out of hot water, this home has 2 hot water heaters, one for the bathrooms and one for the rest of the home. Watch the clouds go by or catch a shooting star from the comfort of your air conditioned living room. Privacy is just an easy click away with remote controlled blinds throughout the home. 13 minute drive to Orinda BART. Within walking distance to Olinda Elementary School.
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PRICE & RENT TRENDS
Neighborhood: El Sobrante
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: El Sobrante
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,380 |
| EXPENSES | Loan Payment | -$2,763 |
| Property Tax | -$896 | |
| Property Insurance | -$77 | |
| Property Management Fees | -$166 | |
|
CASH FLOW
-$523
|
||
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.
$749,000
PROJECTED PRICE
$3,380
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 9.79% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$204,235
LOAN DETAILS
$2,763
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $187,250 |
| Loan Amount | $561,750 |
3.42
YEARS SAVED
$25,533
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,380
LIST RENT -
$1.63
LIST RENT PER SQFT
-
$3,616
COMP ESTIMATED VALUE -
$1.74
COMP AVG. RENT PER SQFT
Comps Range
-
24 Archery El Sobrante, 2
- 3 beds 3 baths ∙ 2,078 Sqft ∙ Built 1963 3 beds 3 baths ∙ 2,078 Sqft ∙ Built 1963
![property image]()
- Rent
- Rent Per SQFT
- $3,380
- $1.63
-
2931 Cindy Ct Richmond, 1
- 4 beds 2 baths ∙ 1,809 Sqft ∙ Built 1963 4 beds 2 baths ∙ 1,809 Sqft ∙ Built 1963
![property image]()
LEASED 03/06/20- Rent
- Rent Per SQFT
- $3,250
- $1.80
-
5482 San Pablo Dam Rd El Sobrante, 3
- 4 beds 3 baths ∙ 2,079 Sqft ∙ Built 1966 4 beds 3 baths ∙ 2,079 Sqft ∙ Built 1966
![property image]()
LEASED 08/13/19- Rent
- Rent Per SQFT
- $3,495
- $1.68
PROPERTY LISTING DETAILS
Compass
