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386 Mavis Dr Pleasanton, CA 94566

3 Beds 2 Baths 1,397 sqft Built 1964

$1,050,000

List Price

$3,060

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $751.61
  • 4 Days on Market
  • MLS # : CC40927883
  • Updated Date : 11/14/2020 at 08:31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,397 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

This charming single level home is located in the desirable Vineyard Terrace neighborhood within walking distance to downtown Pleasanton. The traditional floor plan offers beautiful living spaces including a family room with a brick wood-burning fireplace with views of the backyard, updated kitchen, and a dining area, perfect for entertaining friends and family. The beautifully appointed kitchen offers granite countertops, new stainless steel appliances and a light-filled breakfast nook. The spacious backyard features a large deck, mature landscaping with a lush lawn and a large studio great for a home office or bonus room (not included in sqft). Great location! Just a short distance to Valley View Elementary, parks, downtown shopping, top-rated restaurants, year-round Farmers market, Music in the Park, and the freeway.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pleasanton Heights

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1187k

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

Neighborhood: Pleasanton Heights

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
Valley View Elementary School Primary Regular 678 29 8
Pleasanton Middle School Middle Regular 1,258 50 8
Amador Valley High School High Regular 2,612 100 9

Valley View Elementary School

  • Education Level: Primary
  • # of students: 678
  • # of teachers: 29
8
GreatSchools Rating

Pleasanton Middle School

  • Education Level: Middle
  • # of students: 1,258
  • # of teachers: 50
8
GreatSchools Rating

Amador Valley High School

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

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$2,754$3,366$3,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,060
EXPENSES Loan Payment -$3,874
Property Tax -$1,023
Property Insurance -$61
Property Management Fees -$150
CASH FLOW
-$2,047

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.

$1,050,000

PROJECTED PRICE

$3,060

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,874

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$59

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
  • $3,070

    COMP ESTIMATED VALUE
  • $2.2

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$3,3504$3,4955$3,700
$3,700
RENT COMPS ANALYSIS
  • 386 Mavis Dr Pleasanton, CA 1
    • 3 beds 2 baths ∙ 1,397 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,397 Sqft ∙ Built 1964
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • Peregrine Way Pleasanton, CA 2
    • 3 beds 2 baths ∙ 1,246 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,246 Sqft ∙ Built 1976
    LEASED 01/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $2.24
    •  
  • 5547 San Juan Way Pleasanton, CA 3
    • 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1964
    LEASED 08/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.18
    •  
  • 4152 School St Pleasanton, CA 4
    • 4 beds 2 baths ∙ 1,584 Sqft ∙ Built 1957 4 beds 2 baths ∙ 1,584 Sqft ∙ Built 1957
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $2.21
    •  
  • 4086 Stanley Blvd Pleasanton, CA 5
    • 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 1948 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 1948
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $2.16
    •  
PROPERTY LISTING DETAILS
Khrista Jarvis
Compass
BESbswy