Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4123 Payne Road Pleasanton, CA 94588

4 Beds 2 Baths 1,603 sqft Built 1971

INVESTimate

$1,069,000

List Price

$3,540

$3,290 - $3,790

Rent Est.

$1,166,172  ( +9.09%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1971
  • Price/Sqft : $666.87
  • 6 Days on Market
  • MLS # : BE40917706
  • Updated Date : 08/24/2020 at 15:32
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,603 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

Upgraded and Remodeled "Rio Vista" Model in Desirable Val Vista. Property is in Excellent Condition! Large Great Room, Remodeled Kitchen with Granite & SS Appliances, 4th Bedroom Currently Office/Den, Master Bedroom with Walk-In Closet, Two Recently Remodeled Bathrooms, Wood Flooring, Newer Windows, Newer Large Baseboards, Brick Faced Fireplace with Custom Mantel, Newer Front Door, Newer Interior Doors & Door Hardware, Some New Interior Paint, Textured Ceilings, Recessed Lighting Throughout, Upgraded Light Switches & Outlets, Upgraded Landscaping with Custom Brickwork, Newer Insulated Garage Door with "Lift Master" Auto-Opener, Newer Hot Water Heater, Tile Roof, Newer Air Conditioning, Side Yard Access. Convenient Location Includes 15 Acre "Val Vista Park", Donlon Elementary, and Close Proximity to Ken Mercer Sports Park, Pleasanton's Community & Tennis Park and both Gene's Fine Foods & Lucky's Shopping Centers. Close Access to BART Station and 580/680 Interchange.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Val Vista

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1180k

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

Neighborhood: Val Vista

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
Donlon Elementary School Primary Regular 778 30 10
Thomas S. Hart Middle School Middle Regular 1,164 46 9
Foothill High School High Regular 2,127 82 9

Donlon Elementary School

  • Education Level: Primary
  • # of students: 778
  • # of teachers: 30
10
GreatSchools Rating

Thomas S. Hart Middle School

  • Education Level: Middle
  • # of students: 1,164
  • # of teachers: 46
9
GreatSchools Rating

Foothill High School

  • Education Level: High
  • # of students: 2,127
  • # of teachers: 82
9
GreatSchools Rating
 

$962,100$1,175,900$1,069,000

PURCHASE PRICE

$3,186$3,894$3,540

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

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$3.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,540
EXPENSES Loan Payment -$3,944
Property Tax -$1,038
Property Insurance -$66
Property Management Fees -$173
CASH FLOW
-$1,682

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.

$1,069,000

PROJECTED PRICE

$3,540

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.09%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$289,035

INVESTMENT

$289,035

Down Payment
$267,250
Rehab Estimate
$5,750
Closing Costs
$16,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,944

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $267,250
Loan Amount $801,750
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$335

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,540

    LIST RENT
  • $2.21

    LIST RENT PER SQFT
  • $3,519

    COMP ESTIMATED VALUE
  • $2.2

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,4953$3,5404$3,9005$4,550
$4,550
RENT COMPS ANALYSIS
  • 4123 Payne Road Pleasanton, 3
    • 4 beds 2 baths ∙ 1,603 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,603 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $3,540
    • $2.21
    •  
  • 6241 Robin Ct Pleasanton, 1
    • 3 beds 2 baths ∙ 1,555 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,555 Sqft ∙ Built 1969
    LEASED 02/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.06
    •  
  • 3422 Isle Royal Ct Pleasanton, 2
    • 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1971
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $2.14
    •  
  • 3503 Kings Canyon Ct Pleasanton, 4
    • 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 1971 3 beds 3 baths ∙ 1,744 Sqft ∙ Built 1971
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $2.24
    •  
  • 7208 Tulipwood Cir Pleasanton, 5
    • 4 beds 3 baths ∙ 1,948 Sqft ∙ Built 1968 4 beds 3 baths ∙ 1,948 Sqft ∙ Built 1968
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,550
    • $2.34
    •  
PROPERTY LISTING DETAILS
Blaise Lofland
Keller Williams Tri-valley
BESbswy