Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

39 Branding Iron Ct Oakley, CA 94561

5 Beds 4 Baths 4,000 sqft Built 2006

$850,000

List Price

$3,480

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

January 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $212.50
  • 6 Days on Market
  • MLS # : EB40933246
  • Updated Date : 01/06/2021 at 11:27
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,000 sqft
  • Baths : 4 full
Listing Agent

Cal Bay Realty

Listing Agent's Description

This is a stunning home, well maintained, pride of ownership throughout and dramatically updated that gives it that WOW factor on this massive home. Vaulted ceilings, formal dinning area. Massive kitchen with expanded island with open floor plan to the family room. Full bedroom and bathroom downstairs. You got additional large bedroom's upstairs and huge master bedroom, also a loft for a game room. Location is perfect on this estate like home, on a court, minutes to freeway, downtown Brentwood and Oakley. Walk to schools and to multiple parks. One exit away from the Bart station and shopping. The home has plenty of parking and a tandem 3 car garage. This home has it all you will not be disappointed, an absolute 10!

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
 

$765,000$935,000$850,000

PURCHASE PRICE

$3,132$3,828$3,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,480
EXPENSES Loan Payment -$2,952
Property Tax -$903
Property Insurance -$124
Property Management Fees -$171
CASH FLOW
-$670

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.

$850,000

PROJECTED PRICE

$3,480

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.7%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$231,000

INVESTMENT

$231,000

Down Payment
$212,500
Rehab Estimate
$5,750
Closing Costs
$12,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,952

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $212,500
Loan Amount $637,500
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$16,735

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
  • $3,773

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3003$3,4004$3,750
$3,750
RENT COMPS ANALYSIS
  • 39 Branding Iron Ct Oakley, CA 1
    • 5 beds 5 baths ∙ 4,000 Sqft ∙ Built 2006 5 beds 5 baths ∙ 4,000 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 116 Mira Vista Dr Oakley, CA 2
    • 5 beds 4 baths ∙ 3,683 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,683 Sqft ∙ Built 2005
    property image
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.90
    •  
  • 2265 Star Lilly Ct Brentwood, CA 3
    • 4 beds 3 baths ∙ 3,721 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,721 Sqft ∙ Built 2006
    property image
    LEASED 09/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $0.91
    •  
  • 2715 Cathedral Cir Brentwood, CA 4
    • 5 beds 4 baths ∙ 3,664 Sqft ∙ Built 2004 5 beds 4 baths ∙ 3,664 Sqft ∙ Built 2004
    property image
    LEASED 02/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $1.02
    •  
PROPERTY LISTING DETAILS
Faisal Kakar
Cal Bay Realty
BESbswy