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5821 Charter Oaks Dr Castro Valley, CA 94552

4 Beds 3 Baths 1,788 sqft Built 1988

$1,175,000

List Price

$3,390

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $657.16
  • 3 Days on Market
  • MLS # : BE40928812
  • Updated Date : 11/14/2020 at 15:08
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,788 sqft
  • Baths : 2 full , 1 half
Listing Agent

Compass

Listing Agent's Description

A family-friendly gem! Street level: Upon entry, living room has a vaulted ceiling and large window with lots of natural lighting. To the right is the den/office/bedroom with a window to the front and closet. The kitchen was remodeled with a contemporary flair and over looks the back yard. Adjacent to the dinette is the family room with perfect seating for the large TV. Half bath and laundry are just down the hall. Upstairs: Main bedroom has a beautifully remodeled ensuite and two bedrooms. The hall bath is nicely remodeled as well. Front and back YARDS: Back yard has medium size deck with new railing and spacious flat area. Front yard has natural landscaping, also from the front yard you can see the Bay with its beautiful daytime vistas and evening sunsets. Community: The community pool is a short distance and allows for laps and time for play, a Jacuzzi to warm up & children's pool. CV Schools noted "Exemplary." Commute to SF to SJ via CV BART, via I580, I680, I880

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Columbia

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $273k1478k

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

Neighborhood: Columbia

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Vannoy Elementary School Primary Regular 415 17 7
Canyon Middle School Middle Regular 1,400 59 7
Castro Valley High School High Regular 2,977 119 9

Vannoy Elementary School

  • Education Level: Primary
  • # of students: 415
  • # of teachers: 17
7
GreatSchools Rating

Canyon Middle School

  • Education Level: Middle
  • # of students: 1,400
  • # of teachers: 59
7
GreatSchools Rating

Castro Valley High School

  • Education Level: High
  • # of students: 2,977
  • # of teachers: 119
9
GreatSchools Rating
 

$1,057,500$1,292,500$1,175,000

PURCHASE PRICE

$3,051$3,729$3,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,390
EXPENSES Loan Payment -$4,335
Property Tax -$1,242
Property Insurance -$70
HOA -$56
Property Management Fees -$166
CASH FLOW
-$2,479

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.

$1,175,000

PROJECTED PRICE

$3,390

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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-$40k-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0

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$317,125

INVESTMENT

$317,125

Down Payment
$293,750
Rehab Estimate
$5,750
Closing Costs
$17,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$4,335

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $293,750
Loan Amount $881,250
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$4

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
  • $3,639

    COMP ESTIMATED VALUE
  • $2.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,4953$3,500
$3,500
RENT COMPS ANALYSIS
  • 5821 Charter Oaks Dr Castro Valley, CA 1
    • 3 beds 3 baths ∙ 1,788 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,788 Sqft ∙ Built 1988
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 21112 Timco Way Castro Valley, CA 2
    • 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1992 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1992
    property image
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $2.03
    •  
  • 18865 W Cavendish Drive Castro Valley, CA 3
    • 3 beds 2 baths ∙ 1,712 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,712 Sqft ∙ Built 1978
    property image
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.04
    •  
PROPERTY LISTING DETAILS
Murline Monat
Compass
BESbswy