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4816 Bond St Oakland, CA 94601

3 Beds 1 Baths 1,411 sqft Built 1923

$550,000

List Price

$3,100

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
November 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1923
  • Price/Sqft : $389.79
  • 6 Days on Market
  • MLS # : MR40929625
  • Updated Date : 11/19/2020 at 14:24
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,411 sqft
  • Baths : 1 full
Listing Agent

Re/max Gold

Listing Agent's Description

The possibilities are endless! This home features 3 bedrooms and a full bath upstairs. New dual pane windows throughout. The basement has been finished and contains 1 bedroom, full bath, living area with a wet bar, and a workshop area. The downstairs has its own private entrance and could easily be made into a separate unit. Underneath the carpet upstairs is original hardwood flooring, and has lots of charm with the built-ins of that era. The lot is large with 4,680 sq. ft and a blank canvas to make your own. With a little love and TLC the possibilities in this home are endless!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Fremont

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $191k1015k

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

Neighborhood: Fremont

NeighborhoodNIR Market*CityMarket2010Year20012019 Q214001600180020002200240026002800300032003400Rent in $12343490

* 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
 

$495,000$605,000$550,000

PURCHASE PRICE

$2,790$3,410$3,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,100
EXPENSES Loan Payment -$2,029
Property Tax -$605
Property Insurance -$61
Property Management Fees -$152
CASH FLOW
$252

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.

$550,000

PROJECTED PRICE

$3,100

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.8%
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$0.0$5.0k$10k$15k$20k$25k$30k$35k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,500

INVESTMENT

$151,500

Down Payment
$137,500
Rehab Estimate
$5,750
Closing Costs
$8,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$2,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,500
Loan Amount $412,500
See What Happens When You Reinvest Cash Flow

9.75

YEARS SAVED

$90,621

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
  • $3,203

    COMP ESTIMATED VALUE
  • $2.27

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,0003$3,4004$3,900
$3,900
RENT COMPS ANALYSIS
  • 4816 Bond St Oakland, CA 1
    • 3 beds 1 baths ∙ 1,411 Sqft ∙ Built 1923 3 beds 1 baths ∙ 1,411 Sqft ∙ Built 1923
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5546 E 16th St Oakland, CA 2
    • 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1914 3 beds 2 baths ∙ 1,200 Sqft ∙ Built 1914
    property image
    LEASED 07/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.50
    •  
  • 1571 77th Ave Oakland, CA 3
    • 4 beds 2 baths ∙ 1,733 Sqft ∙ Built 1929 4 beds 2 baths ∙ 1,733 Sqft ∙ Built 1929
    property image
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.96
    •  
  • Central Ave Alameda, CA 4
    • 3 beds 2 baths ∙ 1,658 Sqft ∙ Built 1927 3 beds 2 baths ∙ 1,658 Sqft ∙ Built 1927
    property image
    LEASED 06/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $2.35
    •  
PROPERTY LISTING DETAILS
Chelsey Simpson
Re/max Gold
BESbswy