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2640 Valleywood Dr San Bruno, CA 94066

3 Beds 2 Baths 1,115 sqft Built 1958

$1,199,000

List Price

$3,550

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 1958
  • Price/Sqft : $1,075.34
  • 4 Days on Market
  • MLS # : ML81818954
  • Updated Date : 11/05/2020 at 17:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,115 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Escape the hustle and bustle and come see your relaxing dream house in San Bruno. This home is ideal for entertaining with 3 bedrooms and 2 bathrooms, and a huge backyard. With an open kitchen and dining room floor plan this house has an easy flow and is perfect for hanging out with friends and loved ones. It boasts a two car garage with a bonus room attached for a separated space from the house or ideal quiet location for an office. The backyards size allows for an expansive garden or maybe even a small vineyard that all can enjoy from the beautiful wooden deck. Located in a highly sought after part of the Bay Area you are only 20 min from San Francisco and 20 minutes to the beach. You can't find a better location to have a safe/community focused street to live on, but be able to get out and about as easily as this wonderful home.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Rollingwood

NeighborhoodNIR Market*CityMarket2010Year20002019400k500k600k700k800k900k1000k1100k1200k1300kPrice in $366k1381k

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

Neighborhood: Rollingwood

NeighborhoodNIR Market*CityMarket2010Year2000 Q32019 Q218002000220024002600280030003200340036003800400042004400Rent in $17064566

* 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
Rollingwood Elementary School Primary Regular 290 13 5
Parkside Intermediate School Middle Regular 859 36 5
Capuchino High School High Regular 1,105 60 7

Rollingwood Elementary School

  • Education Level: Primary
  • # of students: 290
  • # of teachers: 13
5
GreatSchools Rating

Parkside Intermediate School

  • Education Level: Middle
  • # of students: 859
  • # of teachers: 36
5
GreatSchools Rating

Capuchino High School

  • Education Level: High
  • # of students: 1,105
  • # of teachers: 60
7
GreatSchools Rating
 

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

PURCHASE PRICE

$3,195$3,905$3,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,550
EXPENSES Loan Payment -$4,424
Property Tax -$1,082
Property Insurance -$54
Property Management Fees -$138
CASH FLOW
-$2,149

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$1,199,000

PROJECTED PRICE

$3,550

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.0%
Maintenance Year (1-5) 8.00%
Vacancy 5.61%
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

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$323,485

INVESTMENT

$323,485

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

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,424

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $299,750
Loan Amount $899,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$65

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,550

    LIST RENT
  • $3.18

    LIST RENT PER SQFT
  • $3,543

    COMP ESTIMATED VALUE
  • $3.18

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,5503$3,7954$3,9005$4,250
$4,250
RENT COMPS ANALYSIS
  • 2640 Valleywood Dr San Bruno, CA 2
    • 3 beds 2 baths ∙ 1,115 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,115 Sqft ∙ Built 1958
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $3.18
    •  
  • 2601 Evergreen Drive San Bruno, CA 1
    • 3 beds 2 baths ∙ 1,100 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,100 Sqft ∙ Built 1958
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.91
    •  
  • 3850 Coronado Way San Bruno, CA 3
    • 3 beds 2 baths ∙ 1,150 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,150 Sqft ∙ Built 1959
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,795
    • $3.30
    •  
  • 2336 Valleywood Dr San Bruno, CA 4
    • 3 beds 2 baths ∙ 1,110 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,110 Sqft ∙ Built 1956
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $3.51
    •  
  • 2440 Wexford Ave South San Francisco, CA 5
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1964
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $2.99
    •  
PROPERTY LISTING DETAILS
Phil Chen
Compass
BESbswy