Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
5873 Cabral Ave 
San Jose, CA
95123
3 Beds 2 Baths 1,486 sqft
Built 1972
INVESTimate
$899,000
List Price
$243,985
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1972
- Price/Sqft : $604.98
- 3 Days on Market
- MLS # : ML81805533
- Updated Date : 08/25/2020 at 13:06
CONSTRUCTION
- Beds : 3
- Floor Size : 1,486 sqft
- Baths : 2 full
Listing Agent
Keller Williams-santa Cruz
Listing Agent's Description
Nestled in Blossom Valley, this well maintained home has been home to the sellers for over 30 years. There is plenty of opportunity to put your own mark on this home. Home has plenty of natural light because of the two large skylights and the large windows. You will be kept warm with the wood burning fireplace in the living. Homes exterior was painted only a year ago and the roof is only 4 years old. Family room is with extra windows and high Vaulted ceilings!! You can enjoy your private backyard with foothill views. This home is only a few blocks away from Oakridge Mall. Retail and dining stores. Many parks are nearby such as Cahalan Park, Playa del rey and vista Park. Great rated school Steinback for families who want to know about the schools in this area. ****Top Silicon Valley Tech Companies**** are nearby --Easy Access to Highways 85/87***** Great inspection report, this house has miraculous bones... Excellent neighborhood...!! Great Investment...!!!!
SEE MORE
MARKET HIGHLIGHTS
- San Jose metro employment growth has been at 2.2% in 2018 and predicted to grow at 1.9% in 2019 (USMayors.org, 2018)
- San Jose metro contributes to 9% of California state's economy i.e. Gross State Product (USMayors.org, 2018)
- Palo Alto, Redwood City, Mountain View and San Mateo together attracted around $11 billion in venture capital funding in 2019 making Silicon Valley still attractive to technology investments (Crunchbase News, 2020)
- San Jose metro has 67.6% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
- San Jose metro's economy has been worth $282.2 billion in Gross Metro Product (GMP) in 2018 and is projected to grow to $298.6 billion in 2019. GMP measures the productivity of the metro. (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Cahalan
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Cahalan
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,320 |
| EXPENSES | Loan Payment | -$3,317 |
| Property Tax | -$1,004 | |
| Property Insurance | -$63 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$1,193
|
||
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.
$899,000
PROJECTED PRICE
$3,320
PROJECTED RENT
0.37%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 8.69% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.19% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$243,985
LOAN DETAILS
$3,317
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $224,750 |
| Loan Amount | $674,250 |
0.5
YEARS SAVED
$1,893
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,320
LIST RENT -
$2.23
LIST RENT PER SQFT
-
$3,329
COMP ESTIMATED VALUE -
$2.24
COMP AVG. RENT PER SQFT
Comps Range
-
5873 Cabral Ave San Jose, 2
- 3 beds 2 baths ∙ 1,486 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,486 Sqft ∙ Built 1972
- Rent
- Rent Per SQFT
- $3,320
- $2.23
-
443 Colfax Dr San Jose, 1
- 4 beds 2 baths ∙ 1,342 Sqft ∙ Built 1965 4 beds 2 baths ∙ 1,342 Sqft ∙ Built 1965
LEASED 04/13/19- Rent
- Rent Per SQFT
- $3,150
- $2.35
-
Azule Ave San Jose, 3
- 3 beds 3 baths ∙ 1,777 Sqft ∙ Built 1963 3 beds 3 baths ∙ 1,777 Sqft ∙ Built 1963
LEASED 03/01/19- Rent
- Rent Per SQFT
- $3,600
- $2.03
-
6121 Maree Ct San Jose, 4
- 3 beds 2 baths ∙ 1,694 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,694 Sqft ∙ Built 1970
LEASED 06/07/19- Rent
- Rent Per SQFT
- $3,800
- $2.24
-
1292 Juli Lynn Dr San Jose, 5
- 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,665 Sqft ∙ Built 1971
LEASED 03/31/20- Rent
- Rent Per SQFT
- $3,900
- $2.34
PROPERTY LISTING DETAILS
Keller Williams-santa Cruz
