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4596 De Silva St Fremont, CA 94538

4 Beds 2 Baths 1,610 sqft Built 1960

$1,149,000

List Price

$3,550

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $713.66
  • 5 Days on Market
  • MLS # : BE40933102
  • Updated Date : 01/08/2021 at 09:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,610 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

Ring in the new year with this beautiful house in the highly coveted Sundale neighborhood of Fremont! This property has 4 bedrooms and 2 bathrooms all on a single-level. It features a new roof, laminate flooring, kitchen with granite slab countertops, stainless steel appliances, updated bathrooms, recessed LED lighting with dimmer switches throughout. The location is ideal on a quiet street within walking distance to Blacow Elementary School and park.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South Sundale

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $246k1104k

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

Neighborhood: South Sundale

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $15493863

* 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
Blacow Elementary School Primary Regular 440 18 5
G. M. Walters Junior High School Middle Regular 725 30 6
John F. Kennedy High School High Regular 1,436 62 7

Blacow Elementary School

  • Education Level: Primary
  • # of students: 440
  • # of teachers: 18
5
GreatSchools Rating

G. M. Walters Junior High School

  • Education Level: Middle
  • # of students: 725
  • # of teachers: 30
6
GreatSchools Rating

John F. Kennedy High School

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

$1,034,100$1,263,900$1,149,000

PURCHASE PRICE

$3,195$3,905$3,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,550
EXPENSES Loan Payment -$3,991
Property Tax -$1,238
Property Insurance -$66
Property Management Fees -$174
CASH FLOW
-$1,919

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.

$1,149,000

PROJECTED PRICE

$3,550

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.3%
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$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$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$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$310,235

INVESTMENT

$310,235

Down Payment
$287,250
Rehab Estimate
$5,750
Closing Costs
$17,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,991

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $287,250
Loan Amount $861,750
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$89

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
  • $3,796

    COMP ESTIMATED VALUE
  • $2.36

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3003$3,4004$3,6505$3,800
$3,800
RENT COMPS ANALYSIS
  • 4596 De Silva St Fremont, CA 1
    • 4 beds 2 baths ∙ 1,610 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,610 Sqft ∙ Built 1960
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5520 Tilden Pl Fremont, CA 2
    • 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,387 Sqft ∙ Built 1966
    property image
    LEASED 02/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.38
    •  
  • 42725 Everglades Park Dr Fremont, CA 3
    • 3 beds 2 baths ∙ 1,581 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,581 Sqft ∙ Built 1962
    property image
    LEASED 12/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.15
    •  
  • 5087 Cobb Ct Fremont, CA 4
    • 4 beds 2 baths ∙ 1,644 Sqft ∙ Built 1962 4 beds 2 baths ∙ 1,644 Sqft ∙ Built 1962
    property image
    LEASED 08/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $2.22
    •  
  • 4425 Ladner St Fremont, CA 5
    • 4 beds 2 baths ∙ 1,419 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,419 Sqft ∙ Built 1955
    property image
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.68
    •  
PROPERTY LISTING DETAILS
Michael Willis
Keller Williams Tri-valley
BESbswy