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3067 Anderson Lane Oakley, CA 94561

3 Beds 2 Baths 1,556 sqft Built 1950

INVESTimate

$779,900

List Price

$2,740

$2,490 - $2,990

Rent Est.

$847,439  ( +8.66%)   1 YR EST. FORECAST

PROPERTY INFO

August 26, 2020 RECENTLY ADDED
FACTS
  • Built In 1950
  • Price/Sqft : $501.22
  • 2 Days on Market
  • MLS # : MR40918209
  • Updated Date : 08/25/2020 at 22:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,556 sqft
  • Baths : 2 full
Listing Agent

Re/max Executive

Listing Agent's Description

Quiet & Peaceful describes this Country Living paradise on .62 acres. Main Home features Custom real wood Hunter Douglas bottom touch-controlled blinds, oak wood floors, recessed lights, and custom textured walls thru out home. Kitchen features granite c-tops w/island, solid wood cabinets, appliances that incl 2 dbl ovens + full convection oven with stove top and ss hood. Dining area that overlooks Lrg custom Redwood deck. M/B is a dream w/dbl shower heads and tile covered seat, separate jetted jacz tub. Living rm incl theater, surround sound speakers. Stable climate, large basement or wine cellar? In-law qtrs. incl granite c-tops, maple cabinets, walk-in closet w/connecting laundry rm. Custom stamped concrete to detached garage with drive-through front custom auto door/back lrg barn door. New Lrg capacity H2O softener & filtration system installed 2019. Separate potential workshops are a must see. Multi RV parking w/elect and sewer hookup. Chick-coop,garden,fruit trees & grapevines

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South Oakley

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: South Oakley

NeighborhoodNIR 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
Almond Grove Elementary School Primary Regular NA
O'hara Park Middle School Middle Regular 868 36 3
Freedom High School High Regular 2,550 106 5

Almond Grove Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
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
 

$701,910$857,890$779,900

PURCHASE PRICE

$2,466$3,014$2,740

RENT

DOWN PAYMENT
FINANCING

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,740
EXPENSES Loan Payment -$2,877
Property Tax -$912
Property Insurance -$65
Property Management Fees -$149
CASH FLOW
-$1,263

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.

$779,900

PROJECTED PRICE

$2,740

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.66%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$212,424

INVESTMENT

$212,424

Down Payment
$194,975
Rehab Estimate
$5,750
Closing Costs
$11,699

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$2,877

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $194,975
Loan Amount $584,925
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$181

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
  • $2,521

    COMP ESTIMATED VALUE
  • $1.62

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,100
$2,100
RENT COMPS ANALYSIS
  • 3067 Anderson Lane Oakley, 1
    • 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 1950
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3105 Anderson Ln A Oakley, 2
    • 3 beds 1 baths ∙ 1,296 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,296 Sqft ∙ Built 1950
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.62
    •  
PROPERTY LISTING DETAILS
Robin Sexton
Re/max Executive
BESbswy