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6073 Corte Encinas Pleasanton, CA 94566

4 Beds 3 Baths 1,838 sqft Built 1985

$1,229,999

List Price

$3,560

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $669.21
  • 3 Days on Market
  • MLS # : ML81822323
  • Updated Date : 12/04/2020 at 18:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,838 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

Welcome home!! This elegant and spacious home offers 4 bedrooms, 2.5 bath,1838 square feet and a 2-car garage. Gourmet Kitchen offers brand new stove, stainless steel appliances & a garden window. Elegant upgrades includes wood floor, recess lights, fans, brand new carpet and a fresh coat of paint. The house also includes a new AC system, water softener, new roof, new roof gutters, recess lights, window covering, ring doorbell & a security system with cameras . For the winter nights, there is a wood burning chimney to keep you warm. The cozy backyard offers a great place for you to entertain your friends in the warm California summers. It's quiet court location, desirable neighborhood, and proximity to neighborhood parks, & all-things-Pleasanton makes this a wonderful home to live in. The home's generous natural light and open floor plan are welcoming. Easy access to downtown, shopping, restaurants, 680/580/84 freeway & BART. TOP RATED SCHOOLS ARE THE ICING ON THE CAKE!! A must see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ponderosa

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1296k

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

Neighborhood: Ponderosa

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714013

* 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
 

$1,106,999$1,352,999$1,229,999

PURCHASE PRICE

$3,204$3,916$3,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,560
EXPENSES Loan Payment -$4,538
Property Tax -$1,186
Property Insurance -$71
Property Management Fees -$174
CASH FLOW
-$2,410

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.

$1,229,999

PROJECTED PRICE

$3,560

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.8%
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$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$35k-$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$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$331,700

INVESTMENT

$331,700

Down Payment
$307,500
Rehab Estimate
$5,750
Closing Costs
$18,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,538

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $307,500
Loan Amount $922,499
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$70

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
  • $3,773

    COMP ESTIMATED VALUE
  • $2.05

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1503$3,7004$3,9005$4,000
$4,000
RENT COMPS ANALYSIS
  • 6073 Corte Encinas Pleasanton, CA 1
    • 4 beds 3 baths ∙ 1,838 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,838 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5980 Corte Cerritos Pleasanton, CA 2
    • 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 1985
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.81
    •  
  • 5294 Crestline Way Pleasanton, CA 3
    • 4 beds 2 baths ∙ 1,854 Sqft ∙ Built 1965 4 beds 2 baths ∙ 1,854 Sqft ∙ Built 1965
    LEASED 03/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $2.00
    •  
  • 3503 Kings Canyon Ct Pleasanton, CA 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
    •  
  • 5211 Ridgevale Way Pleasanton, CA 5
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 1965
    LEASED 11/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $2.16
    •  
PROPERTY LISTING DETAILS
Alka Robby Bedi
Keller Williams Tri-valley
BESbswy