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2642 Laramie Gate Cir. Pleasanton, CA 94566

4 Beds 3 Baths 2,399 sqft Built 1990

INVESTimate

$1,345,000

List Price

$4,130

$3,880 - $4,380

Rent Est.

$1,446,144  ( +7.52%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1990
  • Price/Sqft : $560.65
  • 7 Days on Market
  • MLS # : BE40917196
  • Updated Date : 08/24/2020 at 11:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,399 sqft
  • Baths : 3 full
Listing Agent

Compass

Listing Agent's Description

Move right into this updated and expanded home in the heart of Pleasanton. On the Main level - Private home office. - Guest / in-law bedroom - Full bath - Laundry room The upper level - the master suite with 2 closets. - 2 additional bedrooms - a loft for studies or a reading area The home has been expanded offering additional sq.footage to expand the family room and kitchen with Hickory floors on the main level. The rear yard offers a spacious patio area with pavers, a BBQ station-with a sink, A fountain and a spa. It is a rear yard you will enjoy to vacation at home in. 3-D tour: https://youriguide.com/2642_laramie_gate_cir_pleasanton_ca?unbranded

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Gates

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1258k

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

Neighborhood: The Gates

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713941

* 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
Alisal Elementary School Primary Regular 621 25 7
Harvest Park Middle School Middle Regular 1,169 44 9
Amador Valley High School High Regular 2,612 100 9

Alisal Elementary School

  • Education Level: Primary
  • # of students: 621
  • # of teachers: 25
7
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
 

$1,210,500$1,479,500$1,345,000

PURCHASE PRICE

$3,717$4,543$4,130

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$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,130
EXPENSES Loan Payment -$4,962
Property Tax -$1,309
Property Insurance -$85
Property Management Fees -$202
CASH FLOW
-$2,429

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.

$1,345,000

PROJECTED PRICE

$4,130

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.52%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$362,175

INVESTMENT

$362,175

Down Payment
$336,250
Rehab Estimate
$5,750
Closing Costs
$20,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,962

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $336,250
Loan Amount $1,008,750
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$124

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
  • $4,270

    COMP ESTIMATED VALUE
  • $1.78

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8003$3,9254$3,9755$4,600
$4,600
RENT COMPS ANALYSIS
  • 2642 Laramie Gate Cir. Pleasanton, 1
    • 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5034 Rigatti Circle Pleasanton, 2
    • 5 beds 3 baths ∙ 2,247 Sqft ∙ Built 1998 5 beds 3 baths ∙ 2,247 Sqft ∙ Built 1998
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.69
    •  
  • 2910 Yorkshire Ct Pleasanton, 3
    • 4 beds 3 baths ∙ 2,150 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,150 Sqft ∙ Built 1986
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,925
    • $1.83
    •  
  • 6614 Via San Blas Pleasanton, 4
    • 5 beds 4 baths ∙ 2,150 Sqft ∙ Built 1975 5 beds 4 baths ∙ 2,150 Sqft ∙ Built 1975
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,975
    • $1.85
    •  
  • 3513 Kamp Drive Pleasanton, 5
    • 4 beds 3 baths ∙ 2,624 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,624 Sqft ∙ Built 1990
    LEASED 04/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,600
    • $1.75
    •  
PROPERTY LISTING DETAILS
Kris Moxley
Compass
BESbswy