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3101 Guido St Oakland, CA 94602

3 Beds 3 Baths 1,768 sqft Built 1951

$949,000

List Price

$4,320

$4.1K - $4.6K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1951
  • Price/Sqft : $536.76
  • 3 Days on Market
  • MLS # : EB40931762
  • Updated Date : 12/12/2020 at 11:51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,768 sqft
  • Baths : 2 full , 1 half
Listing Agent

The Grubb Company

Listing Agent's Description

New Listing. This home offers an exceptional floor plan and spectacular outdoor spaces with patios, decks and terraced gardens with fruit trees and level lawn area. The living and dining rooms come alive with random plank oak floors and sunlight from banks of windows. The tastefully designed kitchen provides the chef a perfect space to create. French doors beckon you onto the deck. Two generous bedrooms and a beautifully updated hall bath complete the main level. The lower level begins with a sophisticated en-suite bedroom that is highlighted by a large walk-in closet and bathroom with soaking tub. Also, on this level a family room with convenient half bath is featured. Easy out from this level is a large patio, and multi-tiered backyard boasting fruit trees and raised vegetable beds. An attached garage provides extra storage area and interior access. Located close to parks, shops, restaurants and transportation.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Redwood Heights

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $253k1078k

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

Neighborhood: Redwood Heights

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $14183863

* 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
 

$854,100$1,043,900$949,000

PURCHASE PRICE

$3,888$4,752$4,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,320
EXPENSES Loan Payment -$3,501
Property Tax -$1,356
Property Insurance -$70
Property Management Fees -$212
CASH FLOW
-$818

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.

$949,000

PROJECTED PRICE

$4,320

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.9%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$257,235

INVESTMENT

$257,235

Down Payment
$237,250
Rehab Estimate
$5,750
Closing Costs
$14,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,501

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $237,250
Loan Amount $711,750
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$19,529

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
  • $4,340

    COMP ESTIMATED VALUE
  • $2.46

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8003$5,500
$5,500
RENT COMPS ANALYSIS
  • 3101 Guido St Oakland, CA 1
    • 3 beds 3 baths ∙ 1,768 Sqft ∙ Built 1951 3 beds 3 baths ∙ 1,768 Sqft ∙ Built 1951
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5133 Daisy St Oakland, CA 2
    • 4 beds 3 baths ∙ 1,753 Sqft ∙ Built 1952 4 beds 3 baths ∙ 1,753 Sqft ∙ Built 1952
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.17
    •  
  • 3386 Kiwanis St Oakland, CA 3
    • 3 beds 2 baths ∙ 2,004 Sqft ∙ Built 1939 3 beds 2 baths ∙ 2,004 Sqft ∙ Built 1939
    LEASED 08/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $2.74
    •  
PROPERTY LISTING DETAILS
Regina Jacobs
The Grubb Company
BESbswy