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2493 Via Espada Pleasanton, CA 94566

4 Beds 3 Baths 1,636 sqft Built 1975

$1,200,000

List Price

$3,540

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

November 04, 2020 RECENTLY ADDED
FACTS
  • Built In 1975
  • Price/Sqft : $733.50
  • 5 Days on Market
  • MLS # : BE40928032
  • Updated Date : 11/06/2020 at 17:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,636 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty Of California

Listing Agent's Description

Lovely updated home in the highly sought after Del Prado community. Highlights include four spacious bedrooms, living room w/ vaulted ceilings & cozy fireplace. Delightful dining area overlooks backyard. Gorgeous kitchen is light & bright w/ white shaker cabinets, stainless steel appliances, stylish backsplash, quartz stone counter top gives ample counter space & farmhouse style sink. All bathrooms have been remodeled w/ nice modern finishes within last 2 years. Beautiful hardwood floors, brand new paint & carpet. RING doorbell & NEST thermostat. Whole house water filtration system, finished garage w/ Epoxy floors, & gorgeous cabinets! A beautifully landscaped backyard w/ pavers & lush lawn perfect for seating & entertaining. Raised garden beds for growing your own fruits & vegetables. Side yard access for boat, vehicle or possibly a small RV. Convenient location provides quick access to 680 & BART. Also nearby are parks, Alameda County Fairgrounds, Sports Park & Downtown Pleasanton.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Del Prado

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1206k

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

Neighborhood: Del Prado

NeighborhoodNIR 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
Walnut Grove Elementary School Primary Regular 724 27 9
Harvest Park Middle School Middle Regular 1,169 44 9
Amador Valley High School High Regular 2,612 100 9

Walnut Grove Elementary School

  • Education Level: Primary
  • # of students: 724
  • # of teachers: 27
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
 

$1,080,000$1,320,000$1,200,000

PURCHASE PRICE

$3,186$3,894$3,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,540
EXPENSES Loan Payment -$4,427
Property Tax -$1,168
Property Insurance -$67
Property Management Fees -$173
CASH FLOW
-$2,296

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.

$1,200,000

PROJECTED PRICE

$3,540

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.6%
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-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k

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$323,750

INVESTMENT

$323,750

Down Payment
$300,000
Rehab Estimate
$5,750
Closing Costs
$18,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$4,427

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $300,000
Loan Amount $900,000
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$73

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
  • $3,497

    COMP ESTIMATED VALUE
  • $2.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1503$3,3504$3,4955$3,900
$3,900
RENT COMPS ANALYSIS
  • 2493 Via Espada Pleasanton, CA 1
    • 4 beds 3 baths ∙ 1,636 Sqft ∙ Built 1975 4 beds 3 baths ∙ 1,636 Sqft ∙ Built 1975
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4785 Golden Rd Pleasanton, CA 2
    • 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 1964
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $2.05
    •  
  • 6874 Via Quito Pleasanton, CA 3
    • 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1975
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.12
    •  
  • 3422 Isle Royal Ct Pleasanton, CA 4
    • 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1971
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $2.14
    •  
  • 3503 Kings Canyon Ct Pleasanton, CA 5
    • 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 1971 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 1971
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $2.24
    •  
PROPERTY LISTING DETAILS
Kari Wahl
Exp Realty Of California
BESbswy