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5665 Vicente St Oakland, CA 94609

3 Beds 2 Baths 1,510 sqft Built 1978

INVESTimate

$1,098,000

List Price

$4,950

$4,700 - $5,200

Rent Est.

$1,211,423  ( +10.33%)   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 1978
  • Price/Sqft : $727.15
  • 6 Days on Market
  • MLS # : EB40917825
  • Updated Date : 08/21/2020 at 18:18
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,510 sqft
  • Baths : 2 full
Listing Agent

Equity West

Listing Agent's Description

Stunning home at the end of a cul de sac, situated in a walker/biker/driver paradise. Super close to Rockridge and Telegraph neighborhoods for food, shops and errands. Enjoy the open floor plan of this 3 bedroom 2 bath home, perfect for both comfortable living and elegant entertaining. The double doors from the owner's suite and living room both open into the enchanting backyard, complete with pergola and twinkly lights. For more pictures/video/3D tour: www.5665vicente.com

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Fairview Park

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $253k1283k

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

Neighborhood: Fairview Park

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21500200025003000350040004500Rent in $14184611

* 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
 

$988,200$1,207,800$1,098,000

PURCHASE PRICE

$4,455$5,445$4,950

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$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k$40k

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$4.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,950
EXPENSES Loan Payment -$4,051
Property Tax -$1,329
Property Insurance -$64
Property Management Fees -$243
CASH FLOW
-$737

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.

$1,098,000

PROJECTED PRICE

$4,950

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.33%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$296,720

INVESTMENT

$296,720

Down Payment
$274,500
Rehab Estimate
$5,750
Closing Costs
$16,470

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$4,051

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $274,500
Loan Amount $823,500
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$38,258

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
  • $5,753

    COMP ESTIMATED VALUE
  • $3.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,500
$5,500
RENT COMPS ANALYSIS
  • 5665 Vicente St Oakland, 1
    • 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 1978
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 107 Sunnyside Ave Piedmont, 2
    • 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 1976
    LEASED 01/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $3.81
    •  
PROPERTY LISTING DETAILS
Winnie Tam
Equity West
BESbswy