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41528 Casabella Cmn Fremont, CA 94539

4 Beds 3 Baths 2,034 sqft Built 2015

$1,475,000

List Price

$4,240

$4K - $4.5K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 2015
  • Price/Sqft : $725.17
  • 5 Days on Market
  • MLS # : ML81808792
  • Updated Date : 10/30/2020 at 17:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,034 sqft
  • Baths : 3 full
Listing Agent

Compass

Listing Agent's Description

2015 Built Home - Lennar Builder with All Premier upgrades - NEW - SUPER BRIGHT - SPACIOUS - 2-STORY - DOWNSTAIRS BEDROOM and FULL BATH. Large kitchen with granite counters and extra cabinets, Built-in speaker, Stainless steel appliances, High ceilings, Low maintenance backyard, Recess lights, and Engineered hardwood flooring throughout the house. Just minutes away from BEST SCHOOLS (Mission Valley, Hopkins Junior High, and Mission San Jose), Farmers Market, Lake Elizabeth/Central Park, Post Office, Banks, BARTs, and I680/I880. Don't miss this rare opportunity. Must Visit!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mission Valley

NeighborhoodNIR Market*CityMarket2010Year20002019400k600k800k1000k1200k1400k1600kPrice in $273k1758k

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

Neighborhood: Mission Valley

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
Mission Valley Elementary School Primary Regular 645 24 7
Mission Valley Elementary School Middle Regular 645 24 7
Mission San Jose High School High Magnet 2,129 84 10

Mission Valley Elementary School

  • Education Level: Primary
  • # of students: 645
  • # of teachers: 24
7
GreatSchools Rating

Mission Valley Elementary School

  • Education Level: Middle
  • # of students: 645
  • # of teachers: 24
7
GreatSchools Rating

Mission San Jose High School

  • Education Level: High
  • # of students: 2,129
  • # of teachers: 84
10
GreatSchools Rating
 

$1,327,500$1,622,500$1,475,000

PURCHASE PRICE

$3,816$4,664$4,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,240
EXPENSES Loan Payment -$5,442
Property Tax -$1,570
Property Insurance -$76
HOA -$375
Property Management Fees -$208
CASH FLOW
-$3,431

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.

$1,475,000

PROJECTED PRICE

$4,240

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.2%
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$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

11530-$50k-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$396,625

INVESTMENT

$396,625

Down Payment
$368,750
Rehab Estimate
$5,750
Closing Costs
$22,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$5,442

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $368,750
Loan Amount $1,106,250
See What Happens When You Reinvest Cash Flow

-0.17

YEARS SAVED

-$97

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,240

    LIST RENT
  • $2.08

    LIST RENT PER SQFT
  • $4,322

    COMP ESTIMATED VALUE
  • $2.13

    COMP AVG. RENT PER SQFT
Comps Range
$3,750
1$3,7502$4,1003$4,240
$4,240
RENT COMPS ANALYSIS
  • 41528 Casabella Cmn Fremont, CA 3
    • 4 beds 3 baths ∙ 2,034 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,034 Sqft ∙ Built 2015
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,240
    • $2.08
    •  
  • 41001 Genesis Cmn Fremont, CA 1
    • 3 beds 3 baths ∙ 1,740 Sqft ∙ Built 2018 3 beds 3 baths ∙ 1,740 Sqft ∙ Built 2018
    property image
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $2.16
    •  
  • 43401 Laurel Glen Cmn Fremont, CA 2
    • 3 beds 2 baths ∙ 1,961 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,961 Sqft ∙ Built 1998
    property image
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,100
    • $2.09
    •  
PROPERTY LISTING DETAILS
Samit Shah
Compass
BESbswy