6320-6321 IDAHO, OAKLAND

2 units + detached ADU

ADU is 800 sq.ft 2 Bed, 2 Bath

​

FINANCIALS:

• $1,100,000 – Purchase Price

• $450,000- ADU construction

• $1,550,000 – Total Cost

• $91,560 – NOI

• $1,660,000 –  Market Value at 5.5% cap 

• $110,000 –  Equity Creation

• 6% – Yield on cost