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7328 Limerick Ct Dublin, CA 94568

3 Beds 2 Baths 1,424 sqft Built 1963

$855,000

List Price

$3,240

$3K - $3.5K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 1963
  • Price/Sqft : $600.42
  • 5 Days on Market
  • MLS # : BE40928100
  • Updated Date : 11/04/2020 at 19:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,424 sqft
  • Baths : 2 full
Listing Agent

Golden Hills Brkrs/pb

Listing Agent's Description

This is one of the best models in the Glenoaks neighborhood. It features a generous sized living room, dining room and bedrooms. The seller is leaving all appliances with the property. The kitchen was remodeled with stainless steel appliances. The 6 burner gas stove will be a delight to cook on; there is a gas oven and broiler and a SS refrigerator and all remain with the property. Wood flooring is in the entry, kitchen, living room and hallway. Carpeting is in the dining room and bedrooms. Some cosmetic upgrades will enhance this great property and it will become the perfect property for anyone looking to live on a quiet court in a great neighborhood community. I have always said that Limerick is one of my favorite streets in the Glenoaks neighborhood. It is close to shopping, freeways, schools, BART and many amenities. A new A/C unit was just installed and the washer and dryer also convey with the property. Don't miss this wonderful opportunity!

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PRICE & RENT TRENDS

Neighborhood: San Ramon Village

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1034k

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

Neighborhood: San Ramon Village

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16323823

* 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
Murray Elementary School Primary Regular 415 20 7
Wells Middle School Middle Regular 863 39 6
Dublin High School High Regular 2,062 87 10

Murray Elementary School

  • Education Level: Primary
  • # of students: 415
  • # of teachers: 20
7
GreatSchools Rating

Wells Middle School

  • Education Level: Middle
  • # of students: 863
  • # of teachers: 39
6
GreatSchools Rating

Dublin High School

  • Education Level: High
  • # of students: 2,062
  • # of teachers: 87
10
GreatSchools Rating
 

$769,500$940,500$855,000

PURCHASE PRICE

$2,916$3,564$3,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,240
EXPENSES Loan Payment -$3,155
Property Tax -$987
Property Insurance -$62
Property Management Fees -$159
CASH FLOW
-$1,122

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.

$855,000

PROJECTED PRICE

$3,240

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.6%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$232,325

INVESTMENT

$232,325

Down Payment
$213,750
Rehab Estimate
$5,750
Closing Costs
$12,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,155

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $213,750
Loan Amount $641,250
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,846

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,240

    LIST RENT
  • $2.28

    LIST RENT PER SQFT
  • $3,421

    COMP ESTIMATED VALUE
  • $2.4

    COMP AVG. RENT PER SQFT
Comps Range
$2,975
1$2,9752$3,2403$3,3004$3,3005$3,500
$3,500
RENT COMPS ANALYSIS
  • 7328 Limerick Ct Dublin, CA 2
    • 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $3,240
    • $2.28
    •  
  • Bristol Dublin, CA 1
    • 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1962
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,975
    • $2.20
    •  
  • 8449 Longford Way Dublin, CA 3
    • 4 beds 2 baths ∙ 1,338 Sqft ∙ Built 1963 4 beds 2 baths ∙ 1,338 Sqft ∙ Built 1963
    LEASED 03/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.47
    •  
  • 8326 Davona Dublin, CA 4
    • 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 1963
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.32
    •  
  • 7446 Larkdale Ave Dublin, CA 5
    • 4 beds 2 baths ∙ 1,338 Sqft ∙ Built 1962 4 beds 2 baths ∙ 1,338 Sqft ∙ Built 1962
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.62
    •  
PROPERTY LISTING DETAILS
Shelley Lee Stone
Golden Hills Brkrs/pb
BESbswy