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4310 Adeline Emeryville, CA 94608

3 Beds 3 Baths 1,500 sqft Built 1939

$899,000

List Price

$3,620

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1939
  • Price/Sqft : $599.33
  • 6 Days on Market
  • MLS # : EB40932513
  • Updated Date : 12/22/2020 at 08:27
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,500 sqft
  • Baths : 3 full
Listing Agent

Dave Realty & Investments

Listing Agent's Description

Remodeled Emeryville oasis! Main house features 3 bedrooms, 2 bathrooms, living room and formal dining room. New interior and exterior paint, new laminate flooring throughout, remodeled kitchen and hallway bathroom. Brand new master bathroom! Beer garden backyard features large deck with paved sitting area. Detached rear cottage includes its own entrance, vaulted ceilings, kitchenette and full bathroom. Perfect set-up for a work-from-home, extended family or extra rental income. Close to Macarthur Bart station, shopping, restaurants and schools. 88 Walk Score, 69 Transit Score and 92 Bikers Paradise.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Longfellow

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $203k1015k

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

Neighborhood: Longfellow

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21400160018002000220024002600280030003200340036003800Rent in $13663922

* 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
 

$809,100$988,900$899,000

PURCHASE PRICE

$3,258$3,982$3,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,620
EXPENSES Loan Payment -$3,317
Property Tax -$961
Property Insurance -$63
Property Management Fees -$177
CASH FLOW
-$899

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.

$899,000

PROJECTED PRICE

$3,620

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.9%
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$3.0M$3.5M

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$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$243,985

INVESTMENT

$243,985

Down Payment
$224,750
Rehab Estimate
$5,750
Closing Costs
$13,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,317

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $224,750
Loan Amount $674,250
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$13,700

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
  • $4,740

    COMP ESTIMATED VALUE
  • $3.16

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,700
$5,700
RENT COMPS ANALYSIS
  • 4310 Adeline Emeryville, CA 1
    • 3 beds 3 baths ∙ 1,500 Sqft ∙ Built 1939 3 beds 3 baths ∙ 1,500 Sqft ∙ Built 1939
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1623 Grand Ave Piedmont, CA 2
    • 3 beds 3 baths ∙ 1,806 Sqft ∙ Built 1935 3 beds 3 baths ∙ 1,806 Sqft ∙ Built 1935
    LEASED 07/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,700
    • $3.16
    •  
PROPERTY LISTING DETAILS
David Iphie
Dave Realty & Investments
BESbswy