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1120 Roxanne Ave Hayward, CA 94542

3 Beds 2 Baths 1,543 sqft Built 1948

$599,000

List Price

$2,900

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 1948
  • Price/Sqft : $388.20
  • 4 Days on Market
  • MLS # : ML81819006
  • Updated Date : 11/05/2020 at 16:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,543 sqft
  • Baths : 2 full
Listing Agent

Kw Peninsula Estates

Listing Agent's Description

Updated home in Hayward Hills, functions like 4 rooms! Potential ADU and junior ADU, dream home or great rental investment! Beautiful hardwood floors on the main floor. Open and airy living-dining spaces with cozy fireplace. Charming kitchen presents freshly painted cabinets, durable granite counters, brand new appliances! 3 spacious bedrooms on the main floor. Onsite laundry room and a full bath added to the basement family room w/ its separate entry in 2019, a potential 4th bedroom of a junior ADU! Architect plan for the garage to be ADU. Freshly painted interior, dual pane windows, ... 100K+ upgrades! Plenty of spaces in the flat backyard for outdoor living. Mature fruit trees harvest, lemon, orange, apricot, nectarine. Corner unit in a quiet, well established and friendly neighborhood. Mins drive to Hayward downtown for shops and restaurants, right next to beautiful trails and parks, CSU East Bay, Bart... Easy access to 880&580. A must see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mission-Foothill

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Mission-Foothill

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14053193

* 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
Stonebrae Elementary School Primary Regular 717 27 4
Stonebrae Elementary School Middle Regular 717 27 4
Hayward High School High Regular 1,644 74 4

Stonebrae Elementary School

  • Education Level: Primary
  • # of students: 717
  • # of teachers: 27
4
GreatSchools Rating

Stonebrae Elementary School

  • Education Level: Middle
  • # of students: 717
  • # of teachers: 27
4
GreatSchools Rating

Hayward High School

  • Education Level: High
  • # of students: 1,644
  • # of teachers: 74
4
GreatSchools Rating
 

$539,100$658,900$599,000

PURCHASE PRICE

$2,610$3,190$2,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,900
EXPENSES Loan Payment -$2,210
Property Tax -$697
Property Insurance -$64
Property Management Fees -$149
CASH FLOW
-$221

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.

$599,000

PROJECTED PRICE

$2,900

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.7%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,485

INVESTMENT

$164,485

Down Payment
$149,750
Rehab Estimate
$5,750
Closing Costs
$8,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,750
Loan Amount $449,250
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$39,712

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,900

    LIST RENT
  • $1.88

    LIST RENT PER SQFT
  • $3,055

    COMP ESTIMATED VALUE
  • $1.98

    COMP AVG. RENT PER SQFT
Comps Range
$2,900
1$2,9002$3,1503$3,500
$3,500
RENT COMPS ANALYSIS
  • 1120 Roxanne Ave Hayward, CA 1
    • 3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1948 3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1948
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.88
    •  
  • 21101 Aspen Ave Castro Valley, CA 2
    • 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.90
    •  
  • 666 Bluefield Hayward, CA 3
    • 3 beds 2 baths ∙ 1,695 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,695 Sqft ∙ Built 1957
    LEASED 09/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.06
    •  
PROPERTY LISTING DETAILS
Wen Guo
Kw Peninsula Estates
BESbswy