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2022 Confidence Way Dublin, CA 94568

4 Beds 4 Baths 2,082 sqft Built 2019

INVESTimate

$999,000

List Price

$3,110

$2,860 - $3,360

Rent Est.

$1,080,718  ( +8.18%)   1 YR EST. FORECAST

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 2019
  • Price/Sqft : $479.83
  • 7 Days on Market
  • MLS # : BE40917484
  • Updated Date : 08/22/2020 at 08:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,082 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty One Group Amr

Listing Agent's Description

Stunning Tri Pointe Home in the Highly Desirable East Side of Dublin in a fabulous neighborhood with loaded features and upgrades in a very convenient location with easy access to Top Rated Schools, Freeways and High-End Shopping Top Rated Public Schools within walking distance Top Rated Private Schools Walking distance to Numerous Parks Wiring for EV wall plug for your electric car charger. House has upgraded LED recessed lighting . Gourmet chef's kitchen features granite countertops with center island, Nice Cabinets, and stainless-steel appliances The home has plantation shutters in the front, dual pane windows & lots of storage area. Gourmet kitchen offers upgraded modern cabinets, granite, Energy efficient home, with tankless water heaters, recessed lights

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PRICE & RENT TRENDS

Zip Code: 94568

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Zip Code: 94568

ZipNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Amador Elementary School Primary Regular NA
Fallon Middle School Middle Regular NA
Dublin High School High Regular 2,062 87 10

Amador Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Fallon Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Dublin High School

  • Education Level: High
  • # of students: 2,062
  • # of teachers: 87
10
GreatSchools Rating
 

$899,100$1,098,900$999,000

PURCHASE PRICE

$2,799$3,421$3,110

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,110
EXPENSES Loan Payment -$3,686
Property Tax -$1,132
Property Insurance -$77
HOA -$135
Property Management Fees -$152
CASH FLOW
-$2,072

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 8% of earned rent to cover both maintenance and periods of vacancy.

$999,000

PROJECTED PRICE

$3,110

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.18%
Maintenance Year (1-5) 3.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$266,735

INVESTMENT

$266,735

Down Payment
$249,750
Rehab Estimate
$2,000
Closing Costs
$14,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,686

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $249,750
Loan Amount $749,250
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$5

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,110

    LIST RENT
  • $1.49

    LIST RENT PER SQFT
  • $3,657

    COMP ESTIMATED VALUE
  • $1.76

    COMP AVG. RENT PER SQFT
Comps Range
$3,110
1$3,1102$3,4503$3,5954$4,000
$4,000
RENT COMPS ANALYSIS
  • 2022 Confidence Way Dublin, 1
    • 4 beds 4 baths ∙ 2,082 Sqft ∙ Built 2019 4 beds 4 baths ∙ 2,082 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $3,110
    • $1.49
    •  
  • 2068 Central Pkwy Dublin, 2
    • 3 beds 4 baths ∙ 2,002 Sqft ∙ Built 2015 3 beds 4 baths ∙ 2,002 Sqft ∙ Built 2015
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $1.72
    •  
  • 2773 Maria St Pleasanton, 3
    • 4 beds 3 baths ∙ 2,034 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,034 Sqft ∙ Built 2002
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,595
    • $1.77
    •  
  • 4625 Kinsley St Dublin, 4
    • 4 beds 3 baths ∙ 2,251 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,251 Sqft ∙ Built 2013
    LEASED 11/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.78
    •  
PROPERTY LISTING DETAILS
Satish Susheelkar
Realty One Group Amr
BESbswy