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730 Almond Oakley, CA 94561

3 Beds 2 Baths 1,189 sqft Built 1982

$489,000

List Price

$2,150

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
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!!!!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94561

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Zip Code: 94561

ZipNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12893193

* 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
Oakley Elementary School Primary Regular 461 20 1
O'hara Park Middle School Middle Regular 868 36 3
Freedom High School High Regular 2,550 106 5

Oakley Elementary School

  • Education Level: Primary
  • # of students: 461
  • # of teachers: 20
1
GreatSchools Rating

O'hara Park Middle School

  • Education Level: Middle
  • # of students: 868
  • # of teachers: 36
3
GreatSchools Rating

Freedom High School

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

$440,100$537,900$489,000

PURCHASE PRICE

$1,935$2,365$2,150

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$135,335

INVESTMENT

$135,335

Down Payment
$122,250
Rehab Estimate
$5,750
Closing Costs
$7,335

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,804

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $122,250
Loan Amount $366,750
See What Happens When You Reinvest Cash Flow

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
$2,150
1$2,1502$2,1953$2,475
$2,475
RENT COMPS ANALYSIS
  • 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
Henry Valderrama
Cornerstone Realty
BESbswy