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3161 Brent Ct Castro Valley, CA 94546

3 Beds 2 Baths 1,490 sqft Built 1967

$848,000

List Price

$3,170

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1967
  • Price/Sqft : $569.13
  • 4 Days on Market
  • MLS # : BE40929116
  • Updated Date : 11/13/2020 at 18:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,490 sqft
  • Baths : 2 full
Listing Agent

Village Properties & Assoc.

Listing Agent's Description

Pull into a peaceful, private court to find this cozy, tucked away family residence. Located in the Heart of Castro Valley, this 3 Bedroom 2 Bath home is ready to serve you in all aspects that make life sweet. Just minutes away from shopping, dining and entertainment. Ride your bike to Lake Chabot, walk to the local neighborhood market or cruise down Castro Valley Blvd to catch a movie. This property is in the center of it all! New appliances, new flooring, fresh paint and low maintenance, drought tolerant yard spaces are the cherries on top of this 1,490sqft Castro Valley charmer.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: West Castro Valley

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1030k

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

Neighborhood: West Castro Valley

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200Rent in $16323381

* 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 451 17 8
Canyon Middle School Middle Regular 1,400 59 7
Castro Valley High School High Regular 2,977 119 9

Chabot Elementary School

  • Education Level: Primary
  • # of students: 451
  • # of teachers: 17
8
GreatSchools Rating

Canyon Middle School

  • Education Level: Middle
  • # of students: 1,400
  • # of teachers: 59
7
GreatSchools Rating

Castro Valley High School

  • Education Level: High
  • # of students: 2,977
  • # of teachers: 119
9
GreatSchools Rating
 

$763,200$932,800$848,000

PURCHASE PRICE

$2,853$3,487$3,170

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,170
EXPENSES Loan Payment -$3,129
Property Tax -$946
Property Insurance -$63
Property Management Fees -$155
CASH FLOW
-$1,123

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.

$848,000

PROJECTED PRICE

$3,170

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.9%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$230,470

INVESTMENT

$230,470

Down Payment
$212,000
Rehab Estimate
$5,750
Closing Costs
$12,720

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,129

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $212,000
Loan Amount $636,000
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,588

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
  • $2,958

    COMP ESTIMATED VALUE
  • $1.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1503$3,2004$3,3505$3,380
$3,380
RENT COMPS ANALYSIS
  • 3161 Brent Ct Castro Valley, CA 1
    • 3 beds 2 baths ∙ 1,490 Sqft ∙ Built 1967 3 beds 2 baths ∙ 1,490 Sqft ∙ Built 1967
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 21101 Aspen Ave Castro Valley, CA 2
    • 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954
    property image
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.90
    •  
  • 20073 Center St Castro Valley, CA 3
    • 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947
    property image
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.92
    •  
  • 17532 Kingston Way Castro Valley, CA 4
    • 3 beds 2 baths ∙ 1,585 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,585 Sqft ∙ Built 1954
    property image
    LEASED 06/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.11
    •  
  • 3766 Brookdale Blvd Castro Valley, CA 5
    • 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1953 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1953
    property image
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,380
    • $2.01
    •  
PROPERTY LISTING DETAILS
Samuel Medina
Village Properties & Assoc.
BESbswy