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7345 Castle Dr Dublin, CA 94568

3 Beds 2 Baths 1,405 sqft Built 1980

$915,000

List Price

$3,010

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 1980
  • Price/Sqft : $651.25
  • 6 Days on Market
  • MLS # : BE40927937
  • Updated Date : 11/05/2020 at 17:20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,405 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Absolutely stunning single story in desirable Ponderosa Village on a wooded corner lot. Recently updated with luxury laminate flooring and new baseboards throughout. New paint, lighting, ceiling fans, built-in cabinets, window coverings, cabinet hardware plus much more. Updated kitchen with quartz counters and breakfast bar, recessed LED lighting and new stainless steel appliances including refrigerator and built-in microwave . Updated bathrooms with new sinks, quartz vanities, fixtures, glass shower enclosures and LED lighting. Inside laundry with overhead cabinets. Spacious back yard with dog run and large redwood deck perfect for outdoor entertaining. New landscaping, with auto irrigation and private patio off the master bedroom. Finished two car garage with second refrigerator and storage cabinets. Close to schools parks, shopping, restaurants, Kaiser and Valley Care medical facilities plus EZ access to 580/680 fwys and BART. This home is a "10" and wont last!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: West Dublin

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: West Dublin

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
Dublin Elementary School Primary Regular 754 32 8
Wells Middle School Middle Regular 863 39 6
Dublin High School High Regular 2,062 87 10

Dublin Elementary School

  • Education Level: Primary
  • # of students: 754
  • # of teachers: 32
8
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
 

$823,500$1,006,500$915,000

PURCHASE PRICE

$2,709$3,311$3,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,010
EXPENSES Loan Payment -$3,376
Property Tax -$1,056
Property Insurance -$61
HOA -$20
Property Management Fees -$149
CASH FLOW
-$1,652

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.

$915,000

PROJECTED PRICE

$3,010

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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$248,225

INVESTMENT

$248,225

Down Payment
$228,750
Rehab Estimate
$5,750
Closing Costs
$13,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,376

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $228,750
Loan Amount $686,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$78

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
  • $3,239

    COMP ESTIMATED VALUE
  • $2.3

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4503$3,400
$3,400
RENT COMPS ANALYSIS
  • 7345 Castle Dr Dublin, CA 1
    • 2 beds 2 baths ∙ 1,405 Sqft ∙ Built 1980 2 beds 2 baths ∙ 1,405 Sqft ∙ Built 1980
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • Silvertree Ln Dublin, CA 2
    • 2 beds 2 baths ∙ 1,117 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,117 Sqft ∙ Built 1984
    LEASED 04/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $2.19
    •  
  • Betlen Dr Dublin, CA 3
    • 2 beds 2 baths ∙ 1,405 Sqft ∙ Built 1980 2 beds 2 baths ∙ 1,405 Sqft ∙ Built 1980
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.42
    •  
PROPERTY LISTING DETAILS
Timothy Mcguire
Compass
BESbswy