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95 Rooster Ct San Jose, CA 95136

4 Beds 3 Baths 2,261 sqft Built 1984

$1,199,000

List Price

$3,880

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $530.30
  • 5 Days on Market
  • MLS # : ML81824744
  • Updated Date : 01/06/2021 at 15:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,261 sqft
  • Baths : 2 full , 1 half
Listing Agent

Golden Gate Sotheby's International Realty

Listing Agent's Description

Quiet cul-de-sac location in a great neighborhood and only blocks to the elementary make this the perfect family home. Wonderful floor plan with 4 bedrooms, plus bonus room, 2 1/2 bath and attached 2 car garage. As you enter, the formal living has great natural light with soaring ceilings and a wood burning fireplace. Updated kitchen with SS double ovens, 5-burner cooktop, granite counters, breakfast bar and a garden window. The family room has a gas burning fireplace and opens to the sun room/office as well as to the back yard. The laundry room and 1/2 bath are also downstairs. Upstairs are 4 spacious bedrooms bedrooms. The master suite has 2 closets and an updated bathroom with dual vanities. Dual zone heating and cooling with nest controls. The private back yard has mature landscape, citrus trees and a storage shed.

SEE MORE

MARKET HIGHLIGHTS

  • Palo Alto, Redwood City, Mountain View and San Mateo together attracted around $11 billion in venture capital funding in 2019 making Silicon Valley still attractive to technology investments (Crunchbase News, 2020)
  • San Jose metro has 67.6% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • San Jose metro's economy has been worth $282.2 billion in Gross Metro Product (GMP) in 2018 and is projected to grow to $298.6 billion in 2019. GMP measures the productivity of the metro. (USMayors.org, 2018)
  • San Jose metro employment growth has been at 2.2% in 2018 and predicted to grow at 1.9% in 2019 (USMayors.org, 2018)
  • San Jose metro contributes to 9% of California state's economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Hayes

NeighborhoodNIR Market*CityMarket2010Year20002019400k500k600k700k800k900k1000k1100k1200kPrice in $327k1220k

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

Neighborhood: Hayes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q218002000220024002600280030003200340036003800Rent in $17853804

* 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
Hayes Elementary School Primary Regular 517 23 6
Hayes Elementary School Middle Regular 517 23 6
Oak Grove High School High Magnet 1,903 78 6

Hayes Elementary School

  • Education Level: Primary
  • # of students: 517
  • # of teachers: 23
6
GreatSchools Rating

Hayes Elementary School

  • Education Level: Middle
  • # of students: 517
  • # of teachers: 23
6
GreatSchools Rating

Oak Grove High School

  • Education Level: High
  • # of students: 1,903
  • # of teachers: 78
6
GreatSchools Rating
 

$1,079,100$1,318,900$1,199,000

PURCHASE PRICE

$3,492$4,268$3,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,880
EXPENSES Loan Payment -$4,165
Property Tax -$1,447
Property Insurance -$82
Property Management Fees -$151
CASH FLOW
-$1,965

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.

$1,199,000

PROJECTED PRICE

$3,880

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.7%
Maintenance Year (1-5) 8.00%
Vacancy 5.19%
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$3.0M$3.5M$4.0M$4.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M$4.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$323,485

INVESTMENT

$323,485

Down Payment
$299,750
Rehab Estimate
$5,750
Closing Costs
$17,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$4,165

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $299,750
Loan Amount $899,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$56

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,880

    LIST RENT
  • $1.72

    LIST RENT PER SQFT
  • $4,213

    COMP ESTIMATED VALUE
  • $1.86

    COMP AVG. RENT PER SQFT
Comps Range
$3,700
1$3,7002$3,8803$3,9804$3,995
$3,995
RENT COMPS ANALYSIS
  • 95 Rooster Ct San Jose, CA 2
    • 4 beds 3 baths ∙ 2,261 Sqft ∙ Built 1984 4 beds 3 baths ∙ 2,261 Sqft ∙ Built 1984
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,880
    • $1.72
    •  
  • 5682 Taconic Ct San Jose, CA 1
    • 3 beds 2 baths ∙ 1,956 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,956 Sqft ∙ Built 1973
    property image
    LEASED 12/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.89
    •  
  • 159 Venado Way San Jose, CA 3
    • 4 beds 3 baths ∙ 2,186 Sqft ∙ Built 1966 4 beds 3 baths ∙ 2,186 Sqft ∙ Built 1966
    property image
    LEASED 10/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,980
    • $1.82
    •  
  • 337 Avenida Arboles San Jose, CA 4
    • 4 beds 3 baths ∙ 2,130 Sqft ∙ Built 1968 4 beds 3 baths ∙ 2,130 Sqft ∙ Built 1968
    property image
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.88
    •  
PROPERTY LISTING DETAILS
Matthew Swenson
Golden Gate Sotheby's International Realty
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