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PROPERTY INFO
FACTS
- Single Family
- Built In 1982
- Price/Sqft : $411.27
- 3 Days on Market
- MLS # : CC40932372
- Updated Date : 12/18/2020 at 19:56
CONSTRUCTION
- Beds : 3
- Floor Size : 1,189 sqft
- Baths : 2 full
Listing Agent
Cornerstone Realty
Listing Agent's Description
This 3 bedroom 2 bath home shows pride of ownership, very well maintain it has all the upgrades a buyer could want. The house is newly painted inside and out' new wood flooring. Kitchen completely remodeled. Carpets in the bedrooms. open spaced dining room and living room. washer dryer Laundry room inside home. Low maintenance front yard!! when you want to relax or unwind on the weekends or after work just step out to the wooden deck and enjoy the beautiful back yard setting. The roof is fairly new, two car garage and even has space for RV Parking Start off the new year with a new home. Don't let this one get away!!!!
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PRICE & RENT TRENDS
Zip Code: 94561
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94561
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,150 |
| EXPENSES | Loan Payment | -$1,804 |
| Property Tax | -$569 | |
| Property Insurance | -$56 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$428
|
||
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.
$489,000
PROJECTED PRICE
$2,150
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 9.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$135,335
LOAN DETAILS
$1,804
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $122,250 |
| Loan Amount | $366,750 |
2.92
YEARS SAVED
$13,409
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,150
LIST RENT -
$1.81
LIST RENT PER SQFT
-
$1,867
COMP ESTIMATED VALUE -
$1.57
COMP AVG. RENT PER SQFT
Comps Range
-
730 Almond Oakley, CA 1
- 3 beds 2 baths ∙ 1,189 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,189 Sqft ∙ Built 1982
- Rent
- Rent Per SQFT
- $2,150
- $1.81
-
861 Walnut Dr Oakley, CA 2
- 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1982
LEASED 07/20/19- Rent
- Rent Per SQFT
- $2,195
- $1.48
-
Waterford Ct Oakley, CA 3
- 3 beds 3 baths ∙ 1,487 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,487 Sqft ∙ Built 1993
LEASED 11/01/20- Rent
- Rent Per SQFT
- $2,475
- $1.66
PROPERTY LISTING DETAILS
Cornerstone Realty
