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851 Oak St Brentwood, CA 94513

3 Beds 2 Baths 1,456 sqft Built 1976

$549,950

List Price

$2,290

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

January 03, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $377.71
  • 2 Days on Market
  • MLS # : CC40933090
  • Updated Date : 01/02/2021 at 21:07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,456 sqft
  • Baths : 2 full
Listing Agent

Re/max Accord

Listing Agent's Description

Spectacular Single Story Home on Flat Lot in Highly Desirable Brentwood. Impeccably Designed Throughout w/Classic Architectural Features,Vaulted Ceilings in the Living Room w/Wood Beams,Fireplace,Open&Functional Floor Plan&Abundance of Natural Light.Updated Throughout w/Wood Look Tile Plank Flooring,Carpeting,Fresh Paint,Some Plantation Shutters,&Overhead Lighting.Kitchen is Light&Bright w/White Cabinetry,Island Seating,Open to Dining Room.Primary Suite is a True Retreat w/Dual Closets and EnSuite.Park Like Backyard is a True Oasis w/Mature Rose Trees,Sprawling Lawn Area,Space for RV or Boat Parking,Garden Area,Patio Perfect for Relaxing or Entertaining.Close to Great Schools,Community Parks,Playgrounds, Convenient to Downtown!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Valci

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $200k1037k

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

Neighborhood: Valci

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12203193

* 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
Brentwood Elementary School Primary Regular 594 23 6
Edna Hill Middle School Middle Regular 898 37 6
Liberty High School High Magnet 2,520 106 7

Brentwood Elementary School

  • Education Level: Primary
  • # of students: 594
  • # of teachers: 23
6
GreatSchools Rating

Edna Hill Middle School

  • Education Level: Middle
  • # of students: 898
  • # of teachers: 37
6
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,520
  • # of teachers: 106
7
GreatSchools Rating
 

$494,955$604,945$549,950

PURCHASE PRICE

$2,061$2,519$2,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,290
EXPENSES Loan Payment -$2,029
Property Tax -$547
Property Insurance -$62
Property Management Fees -$149
CASH FLOW
-$497

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.

$549,950

PROJECTED PRICE

$2,290

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,487

INVESTMENT

$151,487

Down Payment
$137,488
Rehab Estimate
$5,750
Closing Costs
$8,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,488
Loan Amount $412,463
See What Happens When You Reinvest Cash Flow

2.58

YEARS SAVED

$13,523

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
  • $2,320

    COMP ESTIMATED VALUE
  • $1.59

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3503$2,3894$2,750
$2,750
RENT COMPS ANALYSIS
  • 851 Oak St Brentwood, CA 1
    • 3 beds 2 baths ∙ 1,456 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,456 Sqft ∙ Built 1976
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 713 Crossridge Ct Brentwood, CA 2
    • 3 beds 3 baths ∙ 1,455 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,455 Sqft ∙ Built 1994
    property image
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.62
    •  
  • 925 Elk Run Terrace Brentwood, CA 3
    • 3 beds 3 baths ∙ 1,531 Sqft ∙ Built 1989 3 beds 3 baths ∙ 1,531 Sqft ∙ Built 1989
    property image
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,389
    • $1.56
    •  
  • 747 Allbrook Ct Brentwood, CA 4
    • 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1994
    property image
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.60
    •  
PROPERTY LISTING DETAILS
Russ Darby
Re/max Accord
BESbswy