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7839 Fairoaks Dr Pleasanton, CA 94588

3 Beds 2 Baths 1,972 sqft Built 1970

$1,175,000

List Price

$3,690

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $595.84
  • 4 Days on Market
  • MLS # : BE40932856
  • Updated Date : 01/02/2021 at 16:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,972 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

THIS IS IT! Beautiful updated West Pleasanton home with excellent commute access. This home features a modern floor plan with formal living & dining rooms (currently office), an updated granite & stainless kitchen with nook, expanded family room with custom cabinetry, & more. The private master suite features an updated bathroom and two large closets. There are 2 secondary bedrooms plus an updated hall bath. The inviting rear yard features a patio for entertaining, lawn area, extensive garden beds, and storage. There is an indoor laundry room and attached 2 car garage with extensive storage and attic access. The fabulous location is close to award winning Lydiksen Elementary School and Muirwood Park. Walk to shopping, parks, and offers excellent commute access to I-680, I-580, & BART. Welcome Home!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94588

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1180k

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

Zip Code: 94588

ZipNIR 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
Lydiksen Elementary School Primary Regular 679 28 9
Thomas S. Hart Middle School Middle Regular 1,164 46 9
Foothill High School High Regular 2,127 82 9

Lydiksen Elementary School

  • Education Level: Primary
  • # of students: 679
  • # of teachers: 28
9
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
 

$1,057,500$1,292,500$1,175,000

PURCHASE PRICE

$3,321$4,059$3,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,690
EXPENSES Loan Payment -$4,335
Property Tax -$1,141
Property Insurance -$75
Property Management Fees -$181
CASH FLOW
-$2,042

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.

$1,175,000

PROJECTED PRICE

$3,690

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
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-$30k-$20k-$10k$0.0$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$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$317,125

INVESTMENT

$317,125

Down Payment
$293,750
Rehab Estimate
$5,750
Closing Costs
$17,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,335

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $293,750
Loan Amount $881,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$129

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
  • $3,949

    COMP ESTIMATED VALUE
  • $2

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,4003$3,4954$3,5005$3,800
$3,800
RENT COMPS ANALYSIS
  • 7839 Fairoaks Dr Pleasanton, CA 1
    • 3 beds 2 baths ∙ 1,972 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,972 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3294 Curtis Cir Pleasanton, CA 2
    • 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 1985
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.03
    •  
  • 3422 Isle Royal Ct Pleasanton, CA 3
    • 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,632 Sqft ∙ Built 1971
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $2.14
    •  
  • 5239 Riverdale Ct. Pleasanton, CA 4
    • 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 1988
    LEASED 04/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.76
    •  
  • 4789 Herrin Way Pleasanton, CA 5
    • 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 1968
    LEASED 06/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.08
    •  
PROPERTY LISTING DETAILS
Douglas Buenz
Compass
BESbswy