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20654 Blossom Cmn Hayward, CA 94541

3 Beds 3 Baths 1,461 sqft Built 1998

$740,000

List Price

$3,200

$3K - $3.5K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 1998
  • Price/Sqft : $506.50
  • 2 Days on Market
  • MLS # : ML81818517
  • Updated Date : 11/02/2020 at 14:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,461 sqft
  • Baths : 2 full , 1 half
Listing Agent

California Real Estate Partnership

Listing Agent's Description

This is a rare find single family home in a child-safe cul-de-sac. This home features a modern layout, wood cabinets, marble countertops, and tile flooring for easy maintenance. Spacious Livingroom space with a cozy feel. Central air and heating system to keep you and your Family cool during the summer and warm in the winter. Huge two car attached garage with upgraded roll-up garage door and automatic door opener. The backyard is paved for worry free maintenance. Conveniently located minutes to freeways, I-580 I-880 I-238, Mission Blvd / 185, Restaurants and shopping.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Cherryland

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Cherryland

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
Cherryland Elementary School Primary Regular 783 29 2
Winton Middle School Middle Regular 529 21 4
Hayward High School High Regular 1,644 74 4

Cherryland Elementary School

  • Education Level: Primary
  • # of students: 783
  • # of teachers: 29
2
GreatSchools Rating

Winton Middle School

  • Education Level: Middle
  • # of students: 529
  • # of teachers: 21
4
GreatSchools Rating

Hayward High School

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

$666,000$814,000$740,000

PURCHASE PRICE

$2,880$3,520$3,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,200
EXPENSES Loan Payment -$2,730
Property Tax -$844
Property Insurance -$62
HOA -$199
Property Management Fees -$157
CASH FLOW
-$792

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.

$740,000

PROJECTED PRICE

$3,200

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.9%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$201,850

INVESTMENT

$201,850

Down Payment
$185,000
Rehab Estimate
$5,750
Closing Costs
$11,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,730

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $185,000
Loan Amount $555,000
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$7,865

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,200

    LIST RENT
  • $2.19

    LIST RENT PER SQFT
  • $3,326

    COMP ESTIMATED VALUE
  • $2.28

    COMP AVG. RENT PER SQFT
Comps Range
$2,800
1$2,8002$2,9003$3,1954$3,200
$3,200
RENT COMPS ANALYSIS
  • 20654 Blossom Cmn Hayward, CA 4
    • 3 beds 3 baths ∙ 1,461 Sqft ∙ Built 1998 3 beds 3 baths ∙ 1,461 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.19
    •  
  • Royal Ave Hayward, CA 1
    • 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 2009
    property image
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.21
    •  
  • 16267 Ashland Ave 5 San Lorenzo, CA 2
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 2004
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $2.31
    •  
  • 659 Veranda Cir Hayward, CA 3
    • 3 beds 3 baths ∙ 1,381 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,381 Sqft ∙ Built 2003
    property image
    LEASED 07/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,195
    • $2.31
    •  
PROPERTY LISTING DETAILS
John Francisco
California Real Estate Partnership
BESbswy