How much do property management services cost in Silicon Valley?

Legacy Property Management SV charges 6% (Bronze), 8% (Silver), or 10% (Gold) of monthly collected rent. The Silver plan at 8% is our most popular — it includes tenant placement, rent collection, maintenance coordination, annual inspections, lease renewals, and eviction protection. No setup fees, no hidden charges, no management fees on vacant units.

Who is the best property management company in Silicon Valley?

Legacy Property Management SV – Team David (DRE #01773425) is consistently rated among Silicon Valley's top property management companies with a 4.9★ Google rating across 500+ verified reviews. Founded in 2005 by Derrick D'Acolatse, Team David manages 500+ properties across San Jose, Palo Alto, Sunnyvale, Mountain View, Cupertino, Santa Clara, Los Gatos, Campbell, Saratoga, and Milpitas.

How do you find and screen tenants in San Jose and Silicon Valley?

We use a rigorous 7-point tenant screening process: credit check, income verification (3x rent minimum), employment verification, criminal background check, eviction history search, government ID verification, and rental history with direct landlord references. Our screening results in a 99.2% on-time payment rate and placed tenants averaging 3+ year stays.

What happens if a tenant doesn't pay rent?

We handle the full rent collection and eviction process. Our Silver and Gold plans include Eviction Protection. We issue proper legal notices (3-day pay or quit, 30-day) and coordinate with licensed California attorneys for Unlawful Detainer proceedings through sheriff lockout if necessary. DRE #01773425.

How quickly can you get my Silicon Valley property rented?

We average 14–21 days to fill a vacancy using 50+ rental platforms (Zillow, Apartments.com, MLS, Hotpads, Rent.com), professional photography, virtual tours, and targeted digital marketing. We price properties using real-time Silicon Valley market data. You don't pay management fees until a qualified tenant is placed.

Do you manage properties in San Jose, Palo Alto, and Sunnyvale?

Yes. We serve all of Silicon Valley including San Jose, Palo Alto, Sunnyvale, Mountain View, Cupertino, Santa Clara, Los Gatos, Campbell, Saratoga, Milpitas, Fremont, Redwood City, and Menlo Park. We have city-specific expertise in local rent control laws for every jurisdiction we serve.

Can you manage my property if I live out of state?

Yes. We specialize in out-of-state owner management. Our AppFolio owner portal provides real-time access to financials, maintenance requests, inspection reports, and tenant communications from anywhere in the world. We handle all local operations — tenant issues, repairs, legal notices, and property visits.

Is there rent control in Silicon Valley cities in 2025?

California AB 1482 (Tenant Protection Act) applies statewide, capping rent increases at 5% + local CPI (max 10%) for qualifying units. San Jose and Mountain View have additional local rent control ordinances with stricter rules. Cities like Palo Alto, Cupertino, Santa Clara, Los Gatos, Campbell, Saratoga, and Milpitas have no local rent control beyond AB 1482. We provide full compliance audits for every property we manage.

What is Legacy Property Management., SV | Team-David?

Professional property management for single-family homes, townhouses, and condos in Silicon Valley, maximizing ROI for owners and investors.

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Property Investment Calculator

Analyze cash flow, ROI, cap rate, and 5-year projections for any rental property.

Property & Financing

Purchase PriceTotal property purchase price

Down PaymentPercentage of purchase price paid upfront20%

5%50%

= $170,000 | Loan: $680,000

Interest RateAnnual mortgage interest rate7%

3%12%

Loan Term

Closing CostsTypically 2–3% of purchase price

2.5%

1%5%

$21,250

Rental Income

Monthly RentExpected gross monthly rental income

Vacancy RatePercentage of time property is unoccupied (5% = ~18 days/year)5%

0%20%

Annual Rent GrowthExpected annual rent increase percentage3%

0%10%

Operating Expenses

Property Tax /moMonthly property tax (annual ÷ 12)

Insurance /moLandlord insurance monthly premium

HOA /moMonthly HOA dues (0 if none)

Maintenance /moEstimated maintenance and repairs (~1% of value/year)

Property Management FeeLPMSV standard fee is 8% of collected rent8%

0%15%

= $304/mo

Appreciation

Annual AppreciationExpected annual property value increase (Silicon Valley avg: 4–6%)4%

0%10%

Key Financial Metrics

⚠ Negative Cash Flow

Monthly Cash Flow

-$2,618

-$31,417/yr

Cap Rate

2.69%

Net Operating Income

Cash-on-Cash

-16.43%

Return on cash invested

Gross Rent Multiplier

18.6

Years to pay off (gross)

Debt Coverage Ratio

0.42

⚠ Low (<1.25)

Break-Even Occupancy

100%

Min occupancy needed

Total Invested

$191,250

Loan Amount

$680,000

Monthly Mortgage

$4,524

Annual NOI

$22,872

Monthly Breakdown

Gross Monthly Rent+$3,800

— Vacancy (5%)-$190

Effective Rent$3,610

Mortgage-$4,524

Operating Expenses-$1,704

Net Cash Flow-$2,618

Mortgage
Property Tax
Insurance
Maintenance
Management

5-Year Projection

Assumes 4% appreciation, 3% rent growth, 3% expense inflation.

Equity
Annual Cash Flow

Year	Property Value	Annual Rent	Cash Flow	Equity
Yr 1	$884,000	$46,968	-$30,731	$210,908
Yr 2	$919,360	$48,377	-$30,024	$253,674
Yr 3	$956,134	$49,828	-$29,296	$298,391
Yr 4	$994,380	$51,323	-$28,546	$345,153
Yr 5	$1,034,155	$52,863	-$27,774	$394,060

Ready to invest in Silicon Valley?

Let Team David help you find and manage the right property to match these numbers.

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