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39525 Blacow Rd Fremont, CA 94538

3 Beds 2 Baths 1,249 sqft Built 1963

$925,000

List Price

$2,950

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1963
  • Price/Sqft : $740.59
  • 5 Days on Market
  • MLS # : BE40930879
  • Updated Date : 12/04/2020 at 10:44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,249 sqft
  • Baths : 2 full
Listing Agent

Best Property Mgmt., Inc.

Listing Agent's Description

Perfect shape and beautiful single-story home in the 28 Palms neighborhood! Ideal floor plan has an remodeled kitchen, large living room & spacious bedrooms. Loaded with upgrades including a freshly painted exterior, newly installed laminate flooring throughout with automatic sprinklers, and newly paved driveway. Both bathrooms have been recently updated with glass doors, lighting, and nice countertops. Kitchen equipped with granite counters, newer cabinets, attached laundry room, garden window and access to a lovely upgraded wood sliding door to access the yards! Front and backyards features beautiful plush grass for your entertainment. Around the great schools, shopping, entertainment & local eateries. Convenient commuter location - close to 880, 680, Dumbarton Bridge & BART. If you're looking for a move-in ready home, this is the home for you!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: 28 Palms

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $238k1104k

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

Neighborhood: 28 Palms

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21600180020002200240026002800300032003400Rent in $15513417

* 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
Joseph Azevada Elementary School Primary Regular 589 23 8
Joseph Azevada Elementary School Middle Regular 589 23 8
John F. Kennedy High School High Regular 1,436 62 7

Joseph Azevada Elementary School

  • Education Level: Primary
  • # of students: 589
  • # of teachers: 23
8
GreatSchools Rating

Joseph Azevada Elementary School

  • Education Level: Middle
  • # of students: 589
  • # of teachers: 23
8
GreatSchools Rating

John F. Kennedy High School

  • Education Level: High
  • # of students: 1,436
  • # of teachers: 62
7
GreatSchools Rating
 

$832,500$1,017,500$925,000

PURCHASE PRICE

$2,655$3,245$2,950

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,950
EXPENSES Loan Payment -$3,413
Property Tax -$997
Property Insurance -$57
Property Management Fees -$149
CASH FLOW
-$1,666

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.

$925,000

PROJECTED PRICE

$2,950

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.3%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$250,875

INVESTMENT

$250,875

Down Payment
$231,250
Rehab Estimate
$5,750
Closing Costs
$13,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,413

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $231,250
Loan Amount $693,750
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$92

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
  • $3,098

    COMP ESTIMATED VALUE
  • $2.48

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1003$3,1754$3,3005$3,300
$3,300
RENT COMPS ANALYSIS
  • 39525 Blacow Rd Fremont, CA 1
    • 3 beds 2 baths ∙ 1,249 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,249 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4470 Richmond Ave Fremont, CA 2
    • 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1961
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $2.26
    •  
  • 40251 Laiolo Rd Fremont, CA 3
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1959
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,175
    • $2.54
    •  
  • 5520 Tilden Pl Fremont, CA 4
    • 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1966
    LEASED 02/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.38
    •  
  • 4934 Cody Ct Fremont, CA 5
    • 3 beds 2 baths ∙ 1,204 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,204 Sqft ∙ Built 1964
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.74
    •  
PROPERTY LISTING DETAILS
Robert Ventura
Best Property Mgmt., Inc.
BESbswy