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

14216 Maracaibo Rd San Leandro, CA 94577

3 Beds 2 Baths 1,126 sqft Built 1962

$680,000

List Price

$2,870

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 06, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1962
  • Price/Sqft : $603.91
  • 8 Days on Market
  • MLS # : BE40931091
  • Updated Date : 12/11/2020 at 18:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,126 sqft
  • Baths : 2 full
Listing Agent

Intero Real Estate Services

Listing Agent's Description

This adorable 3-bedroom home features new paint interior and exterior, a 2-car garage, living room, dining area and kitchen with large sliding glass doors that go to the patio room. The home offers hardwood floors in the bedrooms and laminate in the living room, dining and kitchen. San Leandro community, culture & commerce converge upon the charming City of San Leandro, located between the robust energy of Silicon Valley and the iconic landmarks of San Francisco. San Leandro offers a plethora of commuting options, proximity to Kaiser hospital, Oakland airport, the San Mateo Bridge, Marina Park, Monarch Bay Golf Course & a wealth of entertainment & shopping, makes this offering a premier location to call home. Marina Park is very closeby where you can to complete the exercise course, visit the dog park, enjoy the bay views or watch the sailboats. Offer date: TBD

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Marina Faire

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1041k

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

Neighborhood: Marina Faire

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Garfield Elementary School Primary Regular 418 19 3
John Muir Middle School Middle Regular 962 44 3
San Leandro High School High Regular 2,601 119 4

Garfield Elementary School

  • Education Level: Primary
  • # of students: 418
  • # of teachers: 19
3
GreatSchools Rating

John Muir Middle School

  • Education Level: Middle
  • # of students: 962
  • # of teachers: 44
3
GreatSchools Rating

San Leandro High School

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

$612,000$748,000$680,000

PURCHASE PRICE

$2,583$3,157$2,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,870
EXPENSES Loan Payment -$2,509
Property Tax -$773
Property Insurance -$54
Property Management Fees -$149
CASH FLOW
-$615

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.

$680,000

PROJECTED PRICE

$2,870

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.0%
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-$10k-$5.0k$0.0$5.0k$10k$15k$20k

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$185,950

INVESTMENT

$185,950

Down Payment
$170,000
Rehab Estimate
$5,750
Closing Costs
$10,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,509

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $170,000
Loan Amount $510,000
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$14,235

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
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$0
1$0
$0
RENT COMPS ANALYSIS
  • 14216 Maracaibo Rd San Leandro, CA
    • 3 beds 2 baths ∙ 1,126 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,126 Sqft ∙ Built 1962
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
PROPERTY LISTING DETAILS
Casey Serafino-lee
Intero Real Estate Services
BESbswy