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

128 Euclid Ave San Leandro, CA 94577

2 Beds 1 Baths 1,227 sqft Built 1925

$675,000

List Price

$2,690

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1925
  • Price/Sqft : $550.12
  • 4 Days on Market
  • MLS # : ML81824973
  • Updated Date : 01/08/2021 at 13:29
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,227 sqft
  • Baths : 1 full
Listing Agent

Ameriland Real Estate Services

Listing Agent's Description

Priced for a quick sale. Beautiful family home located in a quiet neighborhood near downtown. Easy access to public transportation and more. WALK to LOTS of great nearby shopping including 10+ grocery stores, MANY restaurants, parks and more. Home can be easily converted into a 3 Bedroom / 2 Bathroom. Detached garage was partially used as a home office. Lots of sweat equity with lots of upside potential.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Broadmoor

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $227k1029k

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

Neighborhood: Broadmoor

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14563193

* 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
Washington Elementary School Primary Regular 388 14 4
Bancroft Middle School Middle Regular 863 40 2
San Leandro High School High Regular 2,601 119 4

Washington Elementary School

  • Education Level: Primary
  • # of students: 388
  • # of teachers: 14
4
GreatSchools Rating

Bancroft Middle School

  • Education Level: Middle
  • # of students: 863
  • # of teachers: 40
2
GreatSchools Rating

San Leandro High School

  • Education Level: High
  • # of students: 2,601
  • # of teachers: 119
4
GreatSchools Rating
 

$607,500$742,500$675,000

PURCHASE PRICE

$2,421$2,959$2,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,690
EXPENSES Loan Payment -$2,345
Property Tax -$770
Property Insurance -$57
Property Management Fees -$149
CASH FLOW
-$630

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.

$675,000

PROJECTED PRICE

$2,690

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 14.9%
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-$10k-$5.0k$0.0$5.0k$10k$15k

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$184,625

INVESTMENT

$184,625

Down Payment
$168,750
Rehab Estimate
$5,750
Closing Costs
$10,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,345

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $168,750
Loan Amount $506,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$9,025

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
  • $2,254

    COMP ESTIMATED VALUE
  • $1.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0003$3,0004$3,000
$3,000
RENT COMPS ANALYSIS
  • 128 Euclid Ave San Leandro, CA 1
    • 2 beds 1 baths ∙ 1,227 Sqft ∙ Built 1925 2 beds 1 baths ∙ 1,227 Sqft ∙ Built 1925
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 262 Bristol Blvd San Leandro, CA 2
    • 2 beds 2 baths ∙ 1,325 Sqft ∙ Built 1943 2 beds 2 baths ∙ 1,325 Sqft ∙ Built 1943
    property image
    LEASED 10/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.51
    •  
  • 810 Rodney Dr San Leandro, CA 3
    • 2 beds 2 baths ∙ 1,506 Sqft ∙ Built 1938 2 beds 2 baths ∙ 1,506 Sqft ∙ Built 1938
    property image
    LEASED 09/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.99
    •  
  • 291 Lorraine Blvd San Leandro, CA 4
    • 2 beds 2 baths ∙ 1,495 Sqft ∙ Built 1941 2 beds 2 baths ∙ 1,495 Sqft ∙ Built 1941
    property image
    LEASED 10/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.01
    •  
PROPERTY LISTING DETAILS
Jose Adame
Ameriland Real Estate Services
BESbswy