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

5935 Woodbine Place Pl Newark, CA 94560

3 Beds 2 Baths 1,339 sqft Built 1986

$899,000

List Price

$3,010

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $671.40
  • 7 Days on Market
  • MLS # : ML81815320
  • Updated Date : 11/14/2020 at 15:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,339 sqft
  • Baths : 2 full
Listing Agent

Intero Real Estate Services

Listing Agent's Description

~Welcome Home~ A rare find - Centrally located in the Bay Area, this 3bed/2bth home has an open and inviting floor plan with vaulted ceilings and abundant light throughout. Tucked away at the end of a quiet cul-de-sac, this home has been upgraded with new laminate flooring & baseboards, new interior paint throughout, freshly landscaped with new sod & updated sprinkler system. The lot boasts 7329sf - the backyard deck is HUGE- perfect for entertaining friends and family while social distancing! Extras include dual pane windows and doors, cozy fireplace, walk-in closet in master bedroom, garage w/shelves for extra storage. Blocks from parks and schools, minutes to restaurants, shopping & freeways 880 & 84. 15mins to Facebook & 20mins to Silicon Valley!

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
James L. Bunker Elementary School Primary Regular 543 22 NA
Newark Junior High School Middle Regular 906 41 4
Newark Memorial High School High Magnet 1,850 73 6

James L. Bunker Elementary School

  • Education Level: Primary
  • # of students: 543
  • # of teachers: 22
NA
GreatSchools Rating

Newark Junior High School

  • Education Level: Middle
  • # of students: 906
  • # of teachers: 41
4
GreatSchools Rating

Newark Memorial High School

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

$809,100$988,900$899,000

PURCHASE PRICE

$2,709$3,311$3,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,010
EXPENSES Loan Payment -$3,317
Property Tax -$963
Property Insurance -$59
Property Management Fees -$149
CASH FLOW
-$1,479

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.

$899,000

PROJECTED PRICE

$3,010

PROJECTED RENT

0.33%

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$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

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$243,985

INVESTMENT

$243,985

Down Payment
$224,750
Rehab Estimate
$5,750
Closing Costs
$13,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$3,317

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $224,750
Loan Amount $674,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$169

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
  • $2,785

    COMP ESTIMATED VALUE
  • $2.08

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,0003$3,2004$3,250
$3,250
RENT COMPS ANALYSIS
  • 5935 Woodbine Place Pl Newark, CA 1
    • 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6137 Joaquin Murieta Ave B Newark, CA 2
    • 3 beds 3 baths ∙ 1,447 Sqft ∙ Built 1981 3 beds 3 baths ∙ 1,447 Sqft ∙ Built 1981
    property image
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.07
    •  
  • 38654 Lavender Pl Newark, CA 3
    • 4 beds 2 baths ∙ 1,512 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,512 Sqft ∙ Built 1979
    property image
    LEASED 06/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.12
    •  
  • 38891 Jonquil Dr Newark, CA 4
    • 4 beds 2 baths ∙ 1,587 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,587 Sqft ∙ Built 1966
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $2.05
    •  
PROPERTY LISTING DETAILS
Anna Kilgore
Intero Real Estate Services
BESbswy