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5105 Dupont Ave Newark, CA 94560

3 Beds 2 Baths 1,190 sqft Built 1955

$795,000

List Price

$2,960

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

November 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1955
  • Price/Sqft : $668.07
  • 5 Days on Market
  • MLS # : ML81821494
  • Updated Date : 11/25/2020 at 18:47
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,190 sqft
  • Baths : 2 full
Listing Agent

Myrtha Moll Real Estate

Listing Agent's Description

This starter home is ideal for first time buyer!! Corner lot/quiet neighborhood! double pane windows! Great home for entertainment! Close to schools , shops and 880! Very nice single story home with lots of potential.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Newark

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $249k1015k

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

Neighborhood: Newark

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $15853195

* 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
E. L. Musick Elementary School Primary Regular 319 13 4
E. L. Musick Elementary School Middle Regular 319 13 4
Newark Memorial High School High Magnet 1,850 73 6

E. L. Musick Elementary School

  • Education Level: Primary
  • # of students: 319
  • # of teachers: 13
4
GreatSchools Rating

E. L. Musick Elementary School

  • Education Level: Middle
  • # of students: 319
  • # of teachers: 13
4
GreatSchools Rating

Newark Memorial High School

  • Education Level: High
  • # of students: 1,850
  • # of teachers: 73
6
GreatSchools Rating
 

$715,500$874,500$795,000

PURCHASE PRICE

$2,664$3,256$2,960

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,960
EXPENSES Loan Payment -$2,933
Property Tax -$852
Property Insurance -$56
Property Management Fees -$149
CASH FLOW
-$1,030

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.

$795,000

PROJECTED PRICE

$2,960

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 13.5%
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

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$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$216,425

INVESTMENT

$216,425

Down Payment
$198,750
Rehab Estimate
$5,750
Closing Costs
$11,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,933

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $198,750
Loan Amount $596,250
See What Happens When You Reinvest Cash Flow

0.75

YEARS SAVED

$3,176

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
  • $2,650

    COMP ESTIMATED VALUE
  • $2.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9503$3,1004$3,100
$3,100
RENT COMPS ANALYSIS
  • 5105 Dupont Ave Newark, CA 1
    • 3 beds 2 baths ∙ 1,190 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,190 Sqft ∙ Built 1955
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5271 Selma Ave Fremont, CA 2
    • 3 beds 2 baths ∙ 1,356 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,356 Sqft ∙ Built 1964
    property image
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $2.18
    •  
  • 4470 Richmond Ave Fremont, CA 3
    • 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961
    property image
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.26
    •  
  • 4318 Castanos St Fremont, CA 4
    • 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1967
    property image
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.24
    •  
PROPERTY LISTING DETAILS
Myrtha Moll
Myrtha Moll Real Estate
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