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PROPERTY INFO
FACTS
- Single Family
- Built In 1964
- Price/Sqft : $316.42
- 3 Days on Market
- MLS # : CC40929254
- Updated Date : 11/20/2020 at 03:14
CONSTRUCTION
- Beds : 3
- Floor Size : 2,528 sqft
- Baths : 3 full
Listing Agent
Coldwell Banker
Listing Agent's Description
VIEWS, VIEWS, VIEWS! Walk into the large living room, take a seat & enjoy the sparkling, captivating San Francisco Bay views. This grand room w/large marble fireplace, picture-perfect window & built-in bar is meant for entertaining on a grand scale. It was even featured in an episode of HGTV's Design Remix! The view will definitely steal your guest's attention! The large dining room & open kitchen w/breakfast bar is also ideal for large dinner parties! Three generously sized beds & two full baths complete this floor. Head downstairs to the enormous lower-level w/unlimited possibilities. This floor even has its own private entrance! There is another full bath. This home has the space you have been looking for! The backyard w/its mature landscaping provides a quiet place to relax & even play a game of chess! Excellent commute location - close to shopping & located on a private, quiet cul-de-sac this home is sure to please. Excellent opportunity to make this Oakland Hills home your own!
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PRICE & RENT TRENDS
Neighborhood: Chabot Park
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Chabot Park
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,630 |
| EXPENSES | Loan Payment | -$2,951 |
| Property Tax | -$973 | |
| Property Insurance | -$88 | |
| Property Management Fees | -$178 | |
|
CASH FLOW
-$560
|
||
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.
$799,900
PROJECTED PRICE
$3,630
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 11.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.09% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$217,724
LOAN DETAILS
$2,951
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $199,975 |
| Loan Amount | $599,925 |
3.33
YEARS SAVED
$25,923
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,630
LIST RENT -
$1.44
LIST RENT PER SQFT
-
$3,843
COMP ESTIMATED VALUE -
$1.52
COMP AVG. RENT PER SQFT
Comps Range
-
3067 Broadmoor View Oakland, CA 2
- 3 beds 3 baths ∙ 2,528 Sqft ∙ Built 1964 3 beds 3 baths ∙ 2,528 Sqft ∙ Built 1964
![property image]()
- Rent
- Rent Per SQFT
- $3,630
- $1.44
-
622 Catron Dr Oakland, CA 1
- 4 beds 2 baths ∙ 2,376 Sqft ∙ Built 1944 4 beds 2 baths ∙ 2,376 Sqft ∙ Built 1944
![property image]()
LEASED 11/19/19- Rent
- Rent Per SQFT
- $3,600
- $1.52
PROPERTY LISTING DETAILS
Coldwell Banker
