Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

7829 Shannon Ave Dublin, CA 94568

3 Beds 2 Baths 1,116 sqft Built 1960

$898,000

List Price

$3,080

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $804.66
  • 4 Days on Market
  • MLS # : BE40934288
  • Updated Date : 01/14/2021 at 15:28
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,116 sqft
  • Baths : 2 full
Listing Agent

Investment Real Estate

Listing Agent's Description

Adorable Recently Remodeled 1-Story Home in Great Westside Location. Original hardwood floors, vintage arched doorways & wall cutouts, recessed lighting, new fixtures & hardware. Open floor-plan features Updated Kitchen with new cabinetry, counters, farm sink, gas range, pantry, pullouts & more. Built-In Wall Unit with great storage & hickory work-surface. Double french doors w/ double screens open to rear yard. Primary Bedroom with large closet & ensuite bath. New LVP flooring in hall bath. Hidden wall safe & storage closet and interior wall/exterior wall/ceiling insulation. Owned Solar Power, central heat/air & Milgard dual-pane windows & Ring security doorbell. Approx. 10 yr old roof, 5 yr. old stucco & newer electrical. Covered front porch & newly-fenced front yard with new sod & auto-sprinklers. Rear Yard features giant deck, room to play, large shed w/ attached chicken coop, (4) fruit trees & planters. Side yard access possible. Close to schools/shopping/services & 580/680/BART.

SEE MORE

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
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
 

$808,200$987,800$898,000

PURCHASE PRICE

$2,772$3,388$3,080

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,080
EXPENSES Loan Payment -$3,119
Property Tax -$1,037
Property Insurance -$54
Property Management Fees -$151
CASH FLOW
-$1,281

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.

$898,000

PROJECTED PRICE

$3,080

PROJECTED RENT

0.34%

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

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$243,720

INVESTMENT

$243,720

Down Payment
$224,500
Rehab Estimate
$5,750
Closing Costs
$13,470

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,119

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $224,500
Loan Amount $673,500
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$428

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,080

    LIST RENT
  • $2.76

    LIST RENT PER SQFT
  • $3,089

    COMP ESTIMATED VALUE
  • $2.77

    COMP AVG. RENT PER SQFT
Comps Range
$2,995
1$2,9952$3,0803$3,3004$3,4955$3,500
$3,500
RENT COMPS ANALYSIS
  • 7829 Shannon Ave Dublin, CA 2
    • 3 beds 2 baths ∙ 1,116 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,116 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $3,080
    • $2.76
    •  
  • 8475 Galindo Drive Dublin, CA 1
    • 3 beds 2 baths ∙ 1,116 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,116 Sqft ∙ Built 1960
    LEASED 09/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $2.68
    •  
  • 8774 Longford Way Dublin, CA 3
    • 3 beds 2 baths ∙ 1,080 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,080 Sqft ∙ Built 1963
    LEASED 02/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $3.06
    •  
  • 6917 Doreen Ct Dublin, CA 4
    • 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 1965
    LEASED 12/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $2.71
    •  
  • 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
Mike Carey
Investment Real Estate
BESbswy