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4801 Geranium Pl Oakland, CA 94619

3 Beds 3 Baths 1,879 sqft Built 1955

INVESTimate

$900,000

List Price

$4,060

$3,810 - $4,310

Rent Est.

$984,330  ( +9.37%)   1 YR EST. FORECAST

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 1955
  • Price/Sqft : $478.98
  • 5 Days on Market
  • MLS # : CC40917903
  • Updated Date : 08/22/2020 at 14:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,879 sqft
  • Baths : 2 full , 1 half
Listing Agent

The Village Real Estate Co.

Listing Agent's Description

Mid-Century Sensation Nestled in the Oakland Hills, Overlooking the BREATHTAKING VIEWS of the San Francisco Bay. The Floor Plan Encompasses 3-Bedrooms 2.5- Bathrooms, Accompanied By a Large Kitchen which Flows Through the Family Room, Giving You 1,879 SQ/FT of a Versatile and Spacious Floor Plan. Other Highlights Include; Central Heating, Natural Oak Floors, Vaulted Ceilings and Plentiful Storage. The Private Backyard is the Perfect Setting for Relaxing and Entertaining with Family and Friends. Imagine Cuddling Up in the Evenings as You Look Out Your Large Windows to Starlit Skyline Views with Twinkling City Lights Shining Below. Enjoy Morning Walks to Leona Heights Park with Hiking Trails Through Redwood Trees by Creeks and Waterfalls. Only Moments to Shops, Eateries, and Transportation. Be Prepared to Fall in Love!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Leona Heights

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $253k1078k

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

Neighborhood: Leona 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
 

$810,000$990,000$900,000

PURCHASE PRICE

$3,654$4,466$4,060

RENT

DOWN PAYMENT
FINANCING

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$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,060
EXPENSES Loan Payment -$3,321
Property Tax -$1,095
Property Insurance -$72
Property Management Fees -$199
CASH FLOW
-$627

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.

$900,000

PROJECTED PRICE

$4,060

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.37%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$244,250

INVESTMENT

$244,250

Down Payment
$225,000
Rehab Estimate
$5,750
Closing Costs
$13,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,321

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $225,000
Loan Amount $675,000
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$29,587

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
  • $4,613

    COMP ESTIMATED VALUE
  • $2.46

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8003$5,500
$5,500
RENT COMPS ANALYSIS
  • 4801 Geranium Pl Oakland, 1
    • 3 beds 3 baths ∙ 1,879 Sqft ∙ Built 1955 3 beds 3 baths ∙ 1,879 Sqft ∙ Built 1955
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5133 Daisy St Oakland, 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, 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
Thomy Clements
The Village Real Estate Co.
BESbswy