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3123 Central Pkwy Dublin, CA 94568

4 Beds 3 Baths 2,601 sqft Built 2012

INVESTimate

$1,099,888

List Price

$4,100

$3,850 - $4,350

Rent Est.

$1,169,401  ( +6.32%)   1 YR EST. FORECAST

PROPERTY INFO

August 19, 2020 RECENTLY ADDED
FACTS
  • Built In 2012
  • Price/Sqft : $422.87
  • 2 Days on Market
  • MLS # : BE40917263
  • Updated Date : 08/25/2020 at 03:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,601 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Wow! Beautiful 2 Story Detached Single Home, Tall Ceilings, Light and Bright, 4 Bedrooms, 3 Full Bathrooms, Huge Loft Upstairs, 1 Bedroom and Full Bath Downstairs, Highly Upgraded, Recessed Lighting, Pre-wired for Surround Sound Speakers, Tile Flooring Downstairs, Upgraded Carpet Upstairs & Bedrooms, Gourmet Kitchen with Upgraded Cabinets, Granite Countertops, Stainless Steel Appliances Including Refrigerator. Huge Master Suite, Walk in Closet w/Custom Built-In-Cabinets, Inside Laundry Included Large Capacity Washer and Dryer w/Pedestal and Extra Cabinets, Custom build top-down/bottom-up Hunter-Douglas Window Coverings. 2 Car Attached Garage w/Custom Built in Cabinets, Beautiful Backyard w/Patio and Artificial Turf, Move-in Ready, Gated Community w/Outstanding Clubhouse, Gym, Swimming Pool and Spa. Near Award Wining Kolb Elementary, Fallon Middle and Future Emerald High Schools. Short Drive to BART, Shopping Malls, Movie Theater, Water Park and Sport Parks and Amazing Restaurants.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sorrento

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400k1500k1600k1700kPrice in $273k1738k

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

Neighborhood: Sorrento

NeighborhoodNIR Market*CityMarket2010Year20012019 Q220002500300035004000450050005500Rent in $16715830

* 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
Kolb Elementary School Primary Regular 1,130 41 9
Fallon Middle School Middle Regular NA
Dublin High School High Regular 2,062 87 10

Kolb Elementary School

  • Education Level: Primary
  • # of students: 1,130
  • # of teachers: 41
9
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
 

$989,899$1,209,877$1,099,888

PURCHASE PRICE

$3,690$4,510$4,100

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$5.0k$10k

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 $4,100
EXPENSES Loan Payment -$4,058
Property Tax -$1,224
Property Insurance -$90
HOA -$226
Property Management Fees -$201
CASH FLOW
-$1,699

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.

$1,099,888

PROJECTED PRICE

$4,100

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.32%
Maintenance Year (1-5) 8.00%
Vacancy 5.22%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$297,220

INVESTMENT

$297,220

Down Payment
$274,972
Rehab Estimate
$5,750
Closing Costs
$16,498

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$4,058

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $274,972
Loan Amount $824,916
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$370

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
  • $4,363

    COMP ESTIMATED VALUE
  • $1.68

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8503$4,0004$4,0505$4,200
$4,200
RENT COMPS ANALYSIS
  • 3123 Central Pkwy Dublin, 1
    • 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 2012
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4026 Cragford Pl Dublin, 2
    • 4 beds 3 baths ∙ 2,334 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,334 Sqft ∙ Built 2002
    property image
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $1.65
    •  
  • 4625 Kinsley St Dublin, 3
    • 4 beds 3 baths ∙ 2,251 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,251 Sqft ∙ Built 2013
    property image
    LEASED 11/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.78
    •  
  • 4350 Creekview Dr Dublin, 4
    • 4 beds 3 baths ∙ 2,545 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,545 Sqft ∙ Built 2002
    property image
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,050
    • $1.59
    •  
  • 3826 Silvera Ranch Drive Dublin, 5
    • 4 beds 4 baths ∙ 2,479 Sqft ∙ Built 2006 4 beds 4 baths ∙ 2,479 Sqft ∙ Built 2006
    property image
    LEASED 05/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.69
    •  
PROPERTY LISTING DETAILS
Kal Siddiq
Coldwell Banker Realty
BESbswy