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2260 Oakland Ave Pleasanton, CA 94588

4 Beds 3 Baths 1,934 sqft Built 1985

$1,230,000

List Price

$3,670

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $635.99
  • 2 Days on Market
  • MLS # : BE40931173
  • Updated Date : 12/05/2020 at 18:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,934 sqft
  • Baths : 2 full , 1 half
Listing Agent

Dream Works Realty

Listing Agent's Description

Beautifully Updated in highly desirable Mohr Park! 4 Bedrooms plus a Bonus Room. Roof (installed in 2019), Furnace and AC (2017). Nest Thermostat, Water Softener (2017), EV (Tesla) Charging Outlet (2019), Solar Panel. Upgraded kitchen with white cabinets, new quartz countertops (2020), SS appliances, gas range, refrigerator and floor to ceiling windows providing abundant natural lighting. Recessed lights. Beautiful hardwood floor upstairs, All bedrooms and bonus room with light fixtures, Updated bathroom with new toilet and porcelain tile floor. Spacious 2 car garage w/built-in white cabinets. Updated low maintenance yard with outdoor built-in BBQ. Large neighborhood park with playground. Easy access to I-580 & 680, BART, ACE Train, San Francisco Premium Outlets, Shopping and dining. Highly Rated Pleasanton School District. HOA only $174 Annually.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94588

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1180k

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

Zip Code: 94588

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
Henry P. Mohr Elementary School Primary Regular 662 25 9
Harvest Park Middle School Middle Regular 1,169 44 9
Amador Valley High School High Regular 2,612 100 9

Henry P. Mohr Elementary School

  • Education Level: Primary
  • # of students: 662
  • # of teachers: 25
9
GreatSchools Rating

Harvest Park Middle School

  • Education Level: Middle
  • # of students: 1,169
  • # of teachers: 44
9
GreatSchools Rating

Amador Valley High School

  • Education Level: High
  • # of students: 2,612
  • # of teachers: 100
9
GreatSchools Rating
 

$1,107,000$1,353,000$1,230,000

PURCHASE PRICE

$3,303$4,037$3,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,670
EXPENSES Loan Payment -$4,538
Property Tax -$1,198
Property Insurance -$74
HOA -$174
Property Management Fees -$180
CASH FLOW
-$2,494

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.

$1,230,000

PROJECTED PRICE

$3,670

PROJECTED RENT

0.30%

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 5.09%
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

PROJECTED ANNUAL CASH FLOW

11530-$40k-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$331,700

INVESTMENT

$331,700

Down Payment
$307,500
Rehab Estimate
$5,750
Closing Costs
$18,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,538

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $307,500
Loan Amount $922,500
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$28

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
  • $4,032

    COMP ESTIMATED VALUE
  • $2.09

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,4003$3,6004$3,9955$4,800
$4,800
RENT COMPS ANALYSIS
  • 2260 Oakland Ave Pleasanton, CA 1
    • 4 beds 3 baths ∙ 1,934 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,934 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3653 Kamp Pleasanton, CA 2
    • 4 beds 3 baths ∙ 1,745 Sqft ∙ Built 1987 4 beds 3 baths ∙ 1,745 Sqft ∙ Built 1987
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.95
    •  
  • 2232 Oakland Ave. Pleasanton, CA 3
    • 4 beds 3 baths ∙ 1,738 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,738 Sqft ∙ Built 1985
    LEASED 08/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $2.07
    •  
  • 3183 Lansdown Ct Pleasanton, CA 4
    • 4 beds 2 baths ∙ 1,956 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,956 Sqft ∙ Built 1971
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $2.04
    •  
  • 2961 Moreno Pleasanton, CA 5
    • 4 beds 3 baths ∙ 2,104 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,104 Sqft ∙ Built 1993
    LEASED 04/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $2.28
    •  
PROPERTY LISTING DETAILS
Linda Yang
Dream Works Realty
BESbswy