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6110 Lakeview Cir San Ramon, CA 94582

3 Beds 3 Baths 2,452 sqft Built 1989

$1,200,000

List Price

$3,980

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

January 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $489.40
  • 2 Days on Market
  • MLS # : BE40933772
  • Updated Date : 01/09/2021 at 19:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,452 sqft
  • Baths : 2 full , 1 half
Listing Agent

Buy Sell Home Realty

Listing Agent's Description

We are introducing a gorgeous detached home featuring spectacular views of Canyon Lake and Mt. Diablo in San Ramon's beautiful gated community of Canyon Lakes. This dream home features high ceiling living and dining spaces, exclusive views from the upper balcony and kitchen, a newly carpeted 2nd floor, a grand primary bedroom suite with a spacious walk-in closet, and private bedrooms that open into a relaxing lower-level backyard. This property also includes a newly renovated deck at the entrance and balcony. Enjoy resort-style luxury living at The Lakes with special access to four swimming pools, four lighted tennis courts, and scenic walking trails. The Canyon Lakes neighborhood also features several top-rated San Ramon Schools from K-12. It is conveniently located right by the New San Ramon Bishop Shopping Center, the Civic Center, Interstates 680 & 580, and many shops and restaurants.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Canyon Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Canyon Lakes

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714044

* 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
Golden View Elementary School Primary Regular 670 28 10
Iron Horse Middle School Middle Regular 1,074 42 9
California High School High Regular 2,639 107 10

Golden View Elementary School

  • Education Level: Primary
  • # of students: 670
  • # of teachers: 28
10
GreatSchools Rating

Iron Horse Middle School

  • Education Level: Middle
  • # of students: 1,074
  • # of teachers: 42
9
GreatSchools Rating

California High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 107
10
GreatSchools Rating
 

$1,080,000$1,320,000$1,200,000

PURCHASE PRICE

$3,582$4,378$3,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,980
EXPENSES Loan Payment -$4,168
Property Tax -$1,288
Property Insurance -$86
HOA -$225
Property Management Fees -$195
CASH FLOW
-$1,983

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.

$1,200,000

PROJECTED PRICE

$3,980

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.7%
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

PROJECTED ANNUAL CASH FLOW

11530-$35k-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$323,750

INVESTMENT

$323,750

Down Payment
$300,000
Rehab Estimate
$5,750
Closing Costs
$18,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,168

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $300,000
Loan Amount $900,000
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$98

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
  • $4,548

    COMP ESTIMATED VALUE
  • $1.86

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,6003$3,9004$4,6005$4,600
$4,600
RENT COMPS ANALYSIS
  • 6110 Lakeview Cir San Ramon, CA 1
    • 3 beds 3 baths ∙ 2,452 Sqft ∙ Built 1989 3 beds 3 baths ∙ 2,452 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 783 Lakemont Place 5 San Ramon, CA 2
    • 3 beds 2 baths ∙ 2,138 Sqft ∙ Built 1990 3 beds 2 baths ∙ 2,138 Sqft ∙ Built 1990
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.68
    •  
  • 772 Lakemont 8 San Ramon, CA 3
    • 4 beds 3 baths ∙ 2,141 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,141 Sqft ∙ Built 1994
    LEASED 12/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.82
    •  
  • 2409 Canyon Lakes Dr San Ramon, CA 4
    • 4 beds 3 baths ∙ 2,329 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,329 Sqft ∙ Built 1989
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,600
    • $1.98
    •  
  • 405 Ustilago Ct San Ramon, CA 5
    • 3 beds 3 baths ∙ 2,372 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,372 Sqft ∙ Built 2003
    LEASED 12/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,600
    • $1.94
    •  
PROPERTY LISTING DETAILS
Prasad Bodas
Buy Sell Home Realty
BESbswy