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

674 Bynum Ct Oakley, CA 94561

3 Beds 3 Baths 2,190 sqft Built 1990

$599,000

List Price

$2,780

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 1990
  • Price/Sqft : $273.52
  • 3 Days on Market
  • MLS # : EB40926925
  • Updated Date : 11/07/2020 at 10:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,190 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams

Listing Agent's Description

Your home has finally arrived!!! Very desired court location. Well taken care of home. Lots of love. Upgraded thru out. Granite kitchen counters. Family room has a bar and cozy wood burning fireplace. Walk in kitchen pantry. New interior paint, scratch resistant laminate flooring. New carpet. All new high end dual paned windows. Back yard with pebble tech pool and huge built in bbq is perfect for large gatherings. Side yard is a nice size for storage. No high city taxes.....

SEE MORE

PRICE & RENT TRENDS

Neighborhood: California Beacon

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: California Beacon

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12733193

* 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
Vintage Parkway Elementary School Primary Regular 527 20 5
Delta Vista Middle School Middle Regular 795 30 4
Freedom High School High Regular 2,550 106 5

Vintage Parkway Elementary School

  • Education Level: Primary
  • # of students: 527
  • # of teachers: 20
5
GreatSchools Rating

Delta Vista Middle School

  • Education Level: Middle
  • # of students: 795
  • # of teachers: 30
4
GreatSchools Rating

Freedom High School

  • Education Level: High
  • # of students: 2,550
  • # of teachers: 106
5
GreatSchools Rating
 

$539,100$658,900$599,000

PURCHASE PRICE

$2,502$3,058$2,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,780
EXPENSES Loan Payment -$2,210
Property Tax -$687
Property Insurance -$80
Property Management Fees -$149
CASH FLOW
-$346

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.

$599,000

PROJECTED PRICE

$2,780

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.1%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,485

INVESTMENT

$164,485

Down Payment
$149,750
Rehab Estimate
$5,750
Closing Costs
$8,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,750
Loan Amount $449,250
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$27,707

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
  • $3,044

    COMP ESTIMATED VALUE
  • $1.39

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,950
$2,950
RENT COMPS ANALYSIS
  • 674 Bynum Ct Oakley, CA 1
    • 3 beds 3 baths ∙ 2,190 Sqft ∙ Built 1990 3 beds 3 baths ∙ 2,190 Sqft ∙ Built 1990
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 34 Bramante Ct Oakley, CA 2
    • 4 beds 2 baths ∙ 2,122 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,122 Sqft ∙ Built 2006
    property image
    LEASED 12/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.39
    •  
PROPERTY LISTING DETAILS
Laura Franke
Keller Williams
BESbswy