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818 Dunmore St Oakley, CA 94561

4 Beds 3 Baths 2,930 sqft Built 2016

$649,000

List Price

$3,320

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $221.50
  • 4 Days on Market
  • MLS # : BE40934233
  • Updated Date : 01/15/2021 at 15:34
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,930 sqft
  • Baths : 3 full
Listing Agent

Wr Properties Inc

Listing Agent's Description

OPPORTUNITY in the beautiful community of Emerson Ranch. Like new, with all the added expenses of a brand new home already done for you! Kitchen boasts a gourmet chef's kitchen with a huge island, stainless steel gas stove top and appliances, generous storage space, as well as a butlers pantry leading to the kitchen. Spacious family room with a gas fireplace and two tone paint throughout the home. In addition to 4 bedrooms (one full bed and bath downstairs) and 3 full baths, there is also a den and loft for added space for your family! Backyard is nicely sized and fully landscaped. Emerson Ranch....where there's a soccer field, baseball diamond, and basketball court. You'll love the trails and beautiful lake views as you stroll through the scenic 5 acre park.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Cypress Corridor

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Cypress Corridor

NeighborhoodNIR 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
Iron House Elementary School Primary Regular 686 27 3
Delta Vista Middle School Middle Regular 795 30 4
Freedom High School High Regular 2,550 106 5

Iron House Elementary School

  • Education Level: Primary
  • # of students: 686
  • # of teachers: 27
3
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
 

$584,100$713,900$649,000

PURCHASE PRICE

$2,988$3,652$3,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,320
EXPENSES Loan Payment -$2,254
Property Tax -$622
Property Insurance -$98
Property Management Fees -$163
CASH FLOW
$183

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.

$649,000

PROJECTED PRICE

$3,320

PROJECTED RENT

0.51%

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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k$35k

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$177,735

INVESTMENT

$177,735

Down Payment
$162,250
Rehab Estimate
$5,750
Closing Costs
$9,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$2,254

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $162,250
Loan Amount $486,750
See What Happens When You Reinvest Cash Flow

8.67

YEARS SAVED

$78,681

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
  • $3,750

    COMP ESTIMATED VALUE
  • $1.28

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,495
$3,495
RENT COMPS ANALYSIS
  • 818 Dunmore St Oakley, CA 1
    • 4 beds 3 baths ∙ 2,930 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,930 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 872 Ibis Rd Oakley, CA 2
    • 4 beds 3 baths ∙ 2,725 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,725 Sqft ∙ Built 2016
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $1.28
    •  
PROPERTY LISTING DETAILS
Tawnya Erickson
Wr Properties Inc
BESbswy